Common use of Assignment of Management Agreement and Subordination of Management Fees Clause in Contracts

Assignment of Management Agreement and Subordination of Management Fees. (Operating Agreement) executed by LLC New Borrower, LP New Borrower, DLGL New Borrower, SAGL New Borrower, ARC Hospitality Portfolio I TRS, LLC, a Delaware limited liability company (“TRS LLC”), DEKS TRS, NTC TRS, Lender, and American Realty Capital Hospitality Grace Portfolio, LLC, a Delaware limited liability company (“ARC Manager”), as operator, for the benefit of Lender (the “Crestline Operating Agreement Subordination”);

Assignment of Management Agreement and Subordination of Management Fees. (Operating Agreement) executed by LLC Borrower, GBGL New Borrower, BHGL New Borrower, LP New Borrower, DLGL New Borrower, SAGL NFGL New Borrower, ARC Hospitality Portfolio I HIL TRS, LLC, a Delaware limited liability company (“TRS LLCHIL TRS”), DEKS ARC Hospitality Portfolio I NTC HIL TRS, NTC TRS, Lender, and American Realty Capital Hospitality Grace Portfolio, LLCLP, a Delaware limited liability company partnership (“NTC HIL TRS”), Mortgage Lender, and ARC Manager”), as operator, for the benefit of Mortgage Lender (the “Crestline H▇▇▇▇▇-▇▇▇▇▇▇▇ Operating Agreement Subordination”);

Assignment of Management Agreement and Subordination of Management Fees. (Operating Agreement) executed by LLC Borrower, GBGL New Borrower, BHGL New Borrower, LP New Borrower, DLGL New Borrower, SAGL NFGL New Borrower, ARC Hospitality Portfolio I HIL TRS, LLC, a Delaware limited liability company (“TRS LLCHIL TRS”), DEKS ARC Hospitality Portfolio I NTC HIL TRS, NTC TRS, Lender, and American Realty Capital Hospitality Grace Portfolio, LLCLP, a Delaware limited liability company partnership (“NTC HIL TRS”), Mortgage Lender, and ARC Manager”), as operator, for the benefit of Mortgage Lender (the “Crestline ▇▇▇▇▇▇-▇▇▇▇▇▇▇ Operating Agreement Subordination”);