Hotel Lease Agreement Schedule for Homewood Suites Baton Rouge between AHF Baton Rouge Limited Partnership and AHF Services Limited Partnership

Contract Categories: Real Estate › Lease Agreements
Summary

This document is a schedule to a hotel lease agreement dated February 26, 2003, between AHF Baton Rouge Limited Partnership (Lessor) and AHF Services Limited Partnership (Lessee) for the Homewood Suites in Baton Rouge, Louisiana. It outlines the base rent of $801,169 and provides detailed suite revenue breakpoints for each quarter from 2003 to 2012, which likely affect rent calculations or other financial obligations under the lease.

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EX-10.8 12 dex108.txt EXHIBIT 10.8 EXHIBIT 10.8 SCHEDULE Information on substantially identical Hotel Lease Agreement dated February 26, 2003 (Document is substantially identical, except as set forth below, to the document included as Exhibit 10.4) TABLE A
Hotel Subject to Lease Lessor Lessee Base Rent - ---------------------- ------ ------ --------- Homewood Suites(R) AHF Baton Rouge Limited AHF Services Limited Partnership $ 801,169 Baton Rouge, Louisiana Partnership
TABLE B Suite Revenue Breakpoints Homewood Suites(R) Baton Rouge, Louisiana
- ------------------------------------------------------------------------------------------------------------------------------ QUARTERS 2003 2004 2005 2006 2007 2008 2009 - ---------------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- 1st Quarter $ 273,303 $ 278,769 $ 284,345 $ 290,032 $ 295,832 $ 301,749 $ 307,784 2nd Quarter $ 546,607 $ 557,539 $ 568,690 $ 580,063 $ 591,665 $ 603,498 $ 615,568 3rd Quarter $ 819,910 $ 836,308 $ 853,035 $ 870,095 $ 887,497 $ 905,247 $ 923,352 4th Quarter $ 1,093,214 $ 1,115,078 $ 1,137,379 $ 1,160,127 $ 1,183,330 $ 1,206,996 $ 1,231,136 - ------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------- QUARTERS 2010 2011 2012 - ---------------- ----------- ----------- ----------- 1st Quarter $ 313,940 $ 320,218 $ 326,623 2nd Quarter $ 627,879 $ 640,437 $ 653,246 3rd Quarter $ 941,819 $ 960,655 $ 979,869 4th Quarter $ 1,255,759 $ 1,280,874 $ 1,306,491 - -------------------------------------------------------------