Schedule of Amended and Restated Hotel Lease Agreements for Homewood Suites Chesterfield (MO) and Dulles-Herndon (VA)

Contract Categories: Real Estate Lease Agreements
Summary

This document provides a schedule summarizing two nearly identical hotel lease agreements for Homewood Suites hotels in Chesterfield, Missouri, and Dulles-Herndon, Virginia. The agreements are between Apple Suites - MO, LLC and Apple Suites SPE IV, Inc. as lessors and cover the terms, commencement dates, and revenue breakpoints for each property from 2001 to 2010. The schedule outlines key financial thresholds that affect lease terms, helping both parties understand their obligations and revenue expectations over the lease period.

EX-10.9 22 dex109.txt EXHIBIT 10.9 EXHIBIT 10.9 Schedule Information on two substantially identical Hotel Lease Agreements (Documents are identical, except as set forth below, to the document included as Exhibit 10.5) TABLE A Hotels, Lessors, Document Titles and Commencement Dates
Commencement Hotel Subject to Lease Hotel Owner / Lessor Document Title Date - ---------------------- ------------------------- --------------------- ----------------- Homewood Suites(R) Apple Suites - MO, LLC Amended and Restated December 28, 2001 Chesterfield (MO) Hotel Lease Agreement Homewood Suites(R) Apple Suites SPE IV, Inc. Amended and Restated August 15, 2001 Dulles - Herndon (VA) Hotel Lease Agreement
TABLE B Suite Revenue Breakpoints for Hotel Identified Immediately Below Homewood Suites(R) St. Louis Chesterfield, Missouri
- ---------------------------------------------------------------------------------- Quarters 2001 2002 2003 2004 2005 - ------------------- -------- ---------- ---------- ---------- ---------- 1st Quarter $ -- $ 504,245 $ 519,373 $ 534,954 $ 551,003 2nd Quarter $ 38,422 $1,008,491 $1,038,746 $1,069,908 $1,102,005 3rd Quarter $274,077 $1,512,736 $1,558,118 $1,604,862 $1,653,008 4th Quarter $509,733 $2,016,982 $2,077,491 $2,139,816 $2,204,010 - ---------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------ Quarters 2006 2007 2008 2009 2010 - ------------------- ---------- ---------- ---------- ---------- ---------- 1st Quarter $ 567,533 $ 584,559 $ 602,095 $ 620,158 $ 638,763 2nd Quarter $1,135,065 $1,169,117 $1,204,191 $1,240,316 $1,277,526 3rd Quarter $1,702,598 $1,753,676 $1,806,286 $1,860,475 $1,916,289 4th Quarter $2,270,131 $2,338,234 $2,408,381 $2,480,633 $2,555,052 - ------------------------------------------------------------------------------------
TABLE C Suite Revenue Breakpoints for Hotel Identified Immediately Below Homewood Suites(R) Dulles Herndon, Virginia
- --------------------------------------------------------------------------------------------------------------------------------- Quarters 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 - ------------------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- 1st Quarter $ -- $ 67,402 $ 69,424 $ 71,507 $ 73,652 $ 75,861 $ 78,137 $ 80,481 $ 82,896 $ 85,383 2nd Quarter $ 4,267 $134,804 $138,848 $143,013 $147,303 $151,723 $156,274 $160,962 $165,791 $170,765 3rd Quarter $ 82,783 $202,205 $208,271 $214,520 $220,955 $227,584 $234,411 $241,444 $248,687 $256,148 4th Quarter $161,298 $269,607 $277,695 $286,026 $294,607 $303,445 $312,549 $321,925 $331,583 $341,530 - ---------------------------------------------------------------------------------------------------------------------------------