Termination of Registration Rights Agreement by Ashford Hospitality Prime, Ashford Hospitality Advisors, and MLV & Co.
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Summary
Ashford Hospitality Prime, Inc., Ashford Hospitality Prime Limited Partnership, Ashford Hospitality Advisors LLC, and MLV & Co. LLC have agreed to terminate their Registration Rights Agreement related to the company's 5.50% Series A Cumulative Convertible Preferred Stock. This termination is effective immediately, releasing all parties from any further obligations or liabilities under the original agreement.
EX-4.1 3 exhibit41-terminationofreg.htm EXHIBIT 4.1 Exhibit
EXHIBIT 4.1
Termination of Registration Rights Agreement
Dated: December 4, 2015
Reference is made to that certain Registration Rights Agreement (the “Registration Rights Agreement”), dated as of June 9, 2015, by and among Ashford Hospitality Prime, Inc. (the “Company”), Ashford Hospitality Prime Limited Partnership (the “Operating Partnership”), Ashford Hospitality Advisors LLC (the “Advisor”) and MLV & Co. LLC (“MLV”) with respect to the Company’s 5.50% Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”).
The Parties hereby terminate the Registration Rights Agreement, effective immediately, such that the Registration Rights Agreement shall be of no further force or effect, with no further liability of any party thereto.
[THE REMAINDER OF PAGE INTENTIONALLY LEFT BLANK.]
[Signature Page to Termination of Registration Rights Agreement]
IN WITNESS WHEREOF, the Parties have duly executed this Agreement as of the date first above written.
ASHFORD HOSPITALITY PRIME, INC. | ||
By: | /s/ David A. Brooks | |
Name: David A. Brooks | ||
Title: Chief Operating Officer and General Counsel | ||
ASHFORD HOSPITALITY PRIME LIMITED PARTNERSHIP | ||
By: Ashford Prime OP General Partner LLC, as the sole general partner | ||
By: Ashford Hospitality Prime, Inc., as the sole managing member | ||
By: | /s/ David A. Brooks | |
Name: David A. Brooks | ||
Title: Vice President | ||
ASHFORD HOSPITALITY ADVISORS LLC | ||
By: | /s/ David A. Brooks | |
Name: David A. Brooks | ||
Title: Vice President | ||
MLV & CO. LLC | ||
By: | /s/ Patrice McNicoll | |
Name: Patrice McNicoll | ||
Title: CEO | ||
[Signature Page to Termination of Registration Rights Agreement]
