本環保賠償協議(以下簡稱“協議)於2024年12月6日簽署,簽署方包括 CIM/J STREEt HOTEL SACRAMENTO OWNER, LLC,CIM/J STREEt HOTEL SACRAMENTO ML, LLC,和 CIM/J STREEt GARAGE SACRAMENTO OWNER, LLC, 各爲特拉華州有限責任公司( jointly and severally, the “借款人”且每個均爲“借款人),和 創意媒體與社區信託,爲馬里蘭州公司(“Sponsor”,連同借款人,一起稱爲“賠償方),爲了 德意志銀行紐約分行,作爲行政代理(在此角色中,與其繼任者及受讓人一起稱爲“代理人),代表自己及任何其他貸款方(根據貸款協議中的定義)針對以下事實:
B.借款人就貸款的義務部分由酒店物業和車庫物業的優先留置權擔保(車庫物業與酒店物業統稱爲“抵押物業”,每個均爲“抵押物業”), as evidenced by (i) that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, dated as of the date hereof, executed and delivered by Hotel Fee Borrower and Operating Lessee Borrower in favor of the trustee named therein for the benefit of Agent on behalf of the Lenders encumbering the Hotel Property, and (ii) that certain first priority Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, dated as of the date hereof, executed and delivered by Garage Fee Borrower in favor of the trustee named therein for the benefit of Agent on behalf of the Lenders encumbering the Garage Property, as each of (i) and (ii) may be Modified from time to time, collectively, the “Mortgage”.
C.One of the conditions precedent to the Lenders’ obligation to make the Loan is that Indemnitors enter into this Agreement.
D.All capitalized terms used and not otherwise defined herein shall have the meanings ascribed to such terms in the Loan Agreement.
協議
NOW THEREFORE, in consideration of the making of the Loan by Lenders to Borrower, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Indemnitors agree to the following:
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1.The following terms shall have the meanings ascribed thereto:
11.All costs and other payments required to be paid by Indemnitors hereunder on behalf of Indemnified Parties or otherwise shall be paid within ten (10) Business Days after written demand by Agent. If those payments are not paid timely by Indemnitors on demand by Agent, and if Agent or any Lender shall advance any funds in payment thereof, Indemnitors shall nevertheless remain jointly and severally liable for all amounts due hereunder plus interest at the Default Rate under Section 2.8.3 of the Loan Agreement on all such funds advanced by Agent or any Lender until repaid by Indemnitors, in addition to all other rights and remedies of Agent or Lenders hereunder or by law.
12.EACH INDEMNITOR, AND BY ACCEPTANCE OF THIS AGREEMENt, AGENt AND EACH LENDER, WAIVES ITS RESPECTIVE RIGHTS TO A JURY TRIAL OF ANY CLAIm OR CAUSE OF ACTION BASED UPON OR ARISING HEREUNDER OR ANY DEALINGS BETWEEN THEm RELATING TO THE SUBJECt MATTER OF TRANSACTIONS CONTEMPLATED HEREBY OR THE INDEMNITOR/INDEMNITEE RELATIONSHIP THAt IS BEING ESTABLISHED. THE SCOPE OF THIS WAIVER IS INTENDED TO BE ALL-ENCOMPASSING OF ANY AND ALL DISPUTES THAt MAY BE FILED IN ANY COURt AND THAt RELATE TO THE SUBJECt MATTER OF THIS TRANSACTION, INCLUDING CONTRACt CLAIMS, TORt CLAIMS, BREACH OF DUTY CLAIMS AND ALL OTHER COMMON LAW AND STATUTORY CLAIMS. EACH INDEMNITOR, AND BY ACCEPTANCE OF THIS AGREEMENt, AGENt AND EACH LENDER, ACKNOWLEDGES THAt THIS WAIVER IS A MATERIAL INDUCEMENt TO ENTER INTO A BUSINESS RELATIONSHIP, THAt EACH HAS ALREADY RELIED ON THIS WAIVER IN ENTERING INTO OR ACCEPTING THIS AGREEMENt, AS APPLICABLE, AND THAt EACH WILL CONTINUE TO RELY ON THIS WAIVER IN
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ITS RELATED FUTURE DEALINGS. EACH INDEMNITOR, AND BY ACCEPTANCE OF THIS AGREEMENt, AGENt AND EACH LENDER, FURTHER WARRANTS AND REPRESENTS THAt It HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAt It KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. THIS WAIVER IS IRREVOCABLE, MEANING THAt It MAY NOt BE MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO THIS 第12節 並由每個賠償方、代理人和每個貸款方簽署,並且本放棄適用於任何後續的修改、續期、補充或修改。在訴訟的情況下,本協議可以作爲書面同意提交法庭進行審判。
15.賠償方在本協議下的義務和責任將無條款生效,儘管任何終止、滿足、轉讓、進入缺失抵押的判決、行使任何銷售權或交付抵押代替轉讓契約的行爲。不影響前述事項,每個賠償方在本協議下的責任和賠償義務 第四節 of this Agreement shall terminate, with respect to the applicable Mortgaged Property, on the date that is two (2) years after the date on which each of the conditions precedent set forth in the following clauses (i) - (v) are satisfied (such date, the “Testing Date”): (i) the Loan has been indefeasibly repaid and satisfied in full, (ii) the applicable Borrower, at its sole cost and expense, has delivered a then-current Phase I environmental assessment (dated as of the Testing Date) of such Mortgaged Property in form and substance reasonably acceptable to Agent and prepared by a hydrogeologist or environmental engineer or other appropriate consultant chosen or reasonably approved by Agent (such approval not to be unreasonably withheld, conditioned or delayed), in general accordance with the ASTm standards, containing the same material scope as the Phase I Environmental Site Assessment (and a follow up Phase II environmental report if required by the Phase I), indicating and concluding, as of the date of such report and with respect to such Mortgaged Property, (A) no material non-compliance with or violation of applicable Environmental Laws, (B) no actual Environmental Liens encumbering such Mortgaged Property, (C) no actual administrative
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processes or proceedings or judicial proceedings in any way connected with any matter addressed in this Agreement and (D) that such Mortgaged Property does not contain any Hazardous Materials in violation of Environmental Laws, and that no environmental condition exists in, on or under such Mortgaged Property in violation of or which requires remediation pursuant to applicable Environmental Laws, and (iii) Indemnitors have paid all reasonable out-of-pocket costs and expenses actually incurred by Agent in connection with Agent’s assessment of the environmental condition of such Mortgaged Property in connection with the delivery of such Phase I environmental assessment (and such follow up Phase II environmental report if required by the Phase I), including, without limitation, reasonable attorneys’ fees and costs. Notwithstanding anything to the contrary set forth in this 第15條, 每個賠償方在本協議下的賠償義務, 第四節 本協議中的賠償義務應在測試日期後繼續有效,針對在賠償義務未解決期間提出的任何索賠。