08) convention center agreement

8/15/2019 08) Convention Center Agreement

1/26


2/26

TABLE

OF CONTENTS

Page

1

D E F I N I T I O N S . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12E R M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2

OTEL

OWNER

S

OVENANTS

AND

OBLIGATIONS ..................

34

D V E R T I S I N G AND

P R O M O T I O N A L

ACTIVITIES .....................

4

. O V E N A N T S AND O B L I G A T I O N S OF OWNER ....................... 5

6

E F A U L T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6

7 ECOGNIZED

M O R T G A G E E '

S

NOTCE

AND

R I G H T

TO

CURE

HOTEL

OWNERSEFAULTS ...........................................

8

DAMAGE, E S T R U C T I O N

AND

RESTORATION ......................

8

9

O N D E M N A T I O N . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

80

INSURANCE........ ... .. . .................... ................

011O

P A R T N E R S H I P . . ' . . . . . .. . . . .. . . . . .. . . . . .. . . . . . .. . . . . .. . . . . . .10

2.

OTICES.. ....... . .. . .. ......................................

1 0


3/26

20

RECORDATION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _ . . . . . . . . . . . . ..

6

21

N A V O I D A B L E

DELAY... ................ ... . .. . . . . .............6

E X H I B I T

1

a

XHBT

3

a

ISTOF

PROJECT

A G R E E M E N T S . . . . . . . . . . . . . . ..

18E T T E R AGREEMENT

BETWEEN

HOTEL

OWNER

A N D


4/26

CONVENTION

CENTER

AGREEMENT

THIS

CONVENTION CENTER AGREEMENT ( the

Agreement )

is made and

entered into as

of the _

day

of ,

1 9 9 8 ,

byande t w e e n

RDP

Royal

Palm Hote

Limted

P a r t n e r s h i p ,a

lorida

limted

a r t n e r s h i p ( the otel O w n e r ) ,

and

the

C i t y

o

am

B e a c h ,a

loridamunicipal

c o r p o r a t i o n ,

in

its

a p a c i t yasw n e r ofthe

C o n v e n t i o n C e n t e r the

Owne

W I T N E S S E T H :

W H E R E A S , theam

Beach

e d e v e l o p m e n t

A g e n c y (

the

g e n c y '1

and

otel Owner have e n t e r e d ino

tha

e r t a i n A g r e e m e n t of

Lease ( the Lease )

of

even

dae

e r e w i t h , pursuant

to

hich,

among

other

things,

Hotel

Owner

h a s agreed to

own

nd

operate

th e

Hote

in

c c o r d a n c e wth

he t e r m s

o

he

Lease

and

H E R E A S ,

O w ne r

has

f r o m

time

to

ime

d o p t e d

policies

and

p r o c e d u r e s

w i t h

respect

to b o o k i n g sa

he

o n v e n t i o n

C e n t e r

andhas

advised

H o t e l Owner

o

u ch

policies

and

procedures;

andH E R E A S , O w n e r

and

thegency desire H o t e l

Owner

tonter

ino

an

g r e e m e n t s e t t i n g

forth

he

termson

hich

Hotel O w n e r

wll (

a

ake available

Hotel

facilities an d

services

fo r s u p p o r t

o

he

onvention C e n t e r e v e n t s

and

b

ndertake

jon

m a r k e t i n g

eforts.O W ,

THEREFORE,in c o n s i d e r a t i o n

o

he

p a y me n t

o f t e n ( $

1000

o l l a r s ,

the

uua

c o v e n a n t s and p a y m e n t s

h e r e i n a f t e r

set

forth,

and

ohe

ood

and

a l u a b l e

consideration,

he receipt

and

s u f f i c i e n c y

o

h i c h

ae

hereby

a c k n o w l e d g e d ,

the p a r t i e s

hereto

intending

to

e

legally

boundg r e e

as

o l l o w s :

1

E F I N I T I O N S :a

Fo

l

purposeso

ths

g r e e m e n t , the

e r m s

defined

herein

shahave

theo l l o w i n g

meanings:

Booking

A r r a n g e m e n t

m e a n s

a

t e n t a t i v e

a g r e e m e n t ,

letter

o

ntent,

option

oro t h e r

a r ra n g e m e n t (which

may

n o t

be

legaly

i n d i

or

a

d e f i n i t i v e a g r e e m e n t (

i

it h

the Hotel

for r o o m s

ahe

Hote,

o (

i)

iththeo n v e n t i o n

C e n t e r

for

an

e v e n t

toeeld a

the

C o n v e n t i o n

C e n t e r ,

a

hease

maye .

Contract

means

Hotel

Owner'

s

tandard

c o n v e n t i o n

group

room

eservat ion

agreement,

which

a g r e e m e n t includes

p r o v i s i o n s

r e g a r d i n g

rooming

lss

e l e a s e dates,

rates,credit r e q u i r e m e n t s

anduch other

terms

and

o n d i t i o n s

as

ae

u s t o m a r i l y

i n c l u d e d

in

uch

g r e e m e n t sin

therdinary

course of

us i ness .

Convention

Center means t h a t

c e r t a i n

c o n v e n t i o n

cener

l o c a t e d

a

the

it e

boundedby

he

t r e e t s ini a m i B e a c h , Florida

thaas

of

the

daeheeo

bea

the following

names:

Convention

Center

Drive,

D a d e

Boulevard,


5/26

Convention

Center

GrouPS

meansa

corpora t ion ,

association orother

group

which

has entered

into

a

Booking Arrangement

with the

Convention

Center

for a

rade

show,

conference,

semnar,

meeting,

convention or

other

event to be

held

at the

Convention

Center.

GMC&

VB meansthe Greater Miami Convention & Visitors Bureau,

acting

in its

capacity

asa

representative

of the Convention

Center

for the

booking

of certain

Convention

Center

Groups.

Hotel

Owner

Indemnified

Parties

shall

have

the same definition as ''

Tenant

Indemnified

Parties

under

the

Lease, but

replacing ' '

Tenant''

ith Hotel

Owner .

Project Agreements

meansthosecertain

agreements,

dated asof the

date

hereof,

between

Hotel Owner

and

Owner

and/

or

the

Agency,

and

which

ae

listed

on

Exhibit

1 (a,

h i c his

ttached h e r e t o

and

n c o r p o r a t e d

herenR e l e a s e Daee a n s

thedate

when

rooms

i n c l u d e d

ina

oom B l o c k fo r

a

articular

month

m a y

be

old

ot h e r w i s e dealt

w i t h

byotel

O w n e r in

the

ordinary

c o u r s e

o

business,

e x c e p t

forsuch

room

n i g h t s

as

tohich Hote O w n e r

has

e c e i v e dao n t r a c t .

The

e l e a s e D a t e

is

hedate

two (

)yeasin a d v a n c e

o

a

a r t i c u l a r m o n t h .

Thus,theo o m B l o c k forhe

monh

of

e c e m b e r

2000

has

aRelease Dateof

e c e m b e r1 998; from

and

ater

D e c e m b e r

1,998 ,no

o o m

Bock

would applytohe month

o

e c e m b e r

2000

R o o m B l o c k

means

for

eacha l e n d a r monh

5 0

rooms

peay(

h i c h

s h a l l i n c l u d e

a

i n i m u m

o

100

o n e

b e d r o o m

sutes)

up

to

an

ggregate

of fourteen (14days

in

each

a l e n d a r

month. b

O t h e r

Terms.

Al

efined

t e r m s (

denoted

bya p i t a l i z a t i o n or other

indication

o

p e c i a l d e f i n i t i o n such

as q u o t a t i o n

marks)

usedin

his

Agreement

w h i c h aenoe f i n e d

in

ths

r t i c l e

s h a l l have

the

meaning s e t forth

elsewhere

inths

g r e e m e n t

or

in

he

Lease. e f i n i t i o n s

in

he

L e a s e

o

terms

in

h is

A g r e e m e n t

shall

s u r v i v e

the

e r m i n a t io n

o

he

Lease.2

E R M .

Subject

to

ndupon the t e r m s and conditions

set

fotherein,

this

A g r e e m e n t

sha

ake

e f f e c t

on

he

dae

hereof (

the

o m m e n e m e n t

Date )

a n d

shall

termnate

onthe

e a r l i e s t

to

ccuofthe

o l lo w i n g : (

i

a r c h31023; (

ii)

the

t e r m i n a t i o n

of

the

Cty

Center

H i s t o r ic C o n v e n t i o n Village e d e v e l o p m e n t and e v i t a l i z a t i o n Arealan

wthouregard to any extensions

t h e r e o f ) ; a n d (iii)

wner'sailure

to

maintainthe

o n v e n t i o n

C e n t e r ,

a

itso c a t i o n as

o

the

ate h e r e o f ,

wtha

gross

building

areaof

noess

han

one

mllion (

1

00,

000)

square

fee

and

x h i b i t

h a l l

capacity a g g r e g a t i n g n o t lessthanfiveu n d r e d thousand (

500

000)

q u a r e fee,it hnoa t e r i a l adverse

change

in

ts

condition

o,f

h e r e

exists

such

a

material

a d v e r s e

change,


6/26

3

OTEL O W N E R '

SO V E N A N T SAND

O B L I G A T I O N S .

a

v a i l a b i l i t y .

Hotel

Owner

a g r e e s t h a titwlla u s e

the

oom

B l o c k

for

each

alendar

m o n t h

tobev a i l a b l e

foBookng

r r a n g e m e n t s

wtho n v e n t i o n

Center

G r o u p s

untilthe

e l e a s e D a t e

for

such

month;

u b j e c t to

the

l o w i n g :

i)he

u m b e r

o

room

nights

that

m a y

beo o k e d

fo r

a o n v e n t i o n

Center

Group which has

no

previously

bookedonvention

r o o m s

inthe

aiona

c o n v e n t i o n

meeting

market

m aynotxceed

one

undred

s e v e n t y -

fve(

175)

room

i g h t s ,

w i t h o u t

thepror

r i t t e n

consent

o

Hotel

O w n e r ,

and(

ii)

o o m nights for

which

the Hote

has

e n t e r e d

inoa

o o k i n g A r r a n g e m e n t

in

he

r d i n a r y couse

of

u s i n e s s ,

pior

to

n t e r i n g

inoa

o o k i n g

A r r a n g e m e n t

wth

a

o n v e n t i o n

C e n t e r

Grou pfo

uch r o o m s , s h a l lno

e

availablefo

C o n v e n t i o n

Center G r o u p s . O w n e r and

Hote

w n e r

a c k n o w l e d g e

t h a t , priortohe

ate

hereof,

Hotel Owner

has

e n t e r e dino

theenaive

o o k i n g Ar rangementsfo

C o n v e n t i o n

C e n t e r

Groups

s e t

forth

inha

certan

etter

a g r e e m e n t

dated

the

daeereof

between

Hotel

O w n e r

an d

G M C &

VB,

acopy

of whch

ist t a c h e d hereto

as E x h i b i t

3

and

n c o r p o r a t e d herein. Owner

and

otel

Owner

a c k n o w l e d g e a n d

agree

tha

al

such

e n t a t i v e Book ing

A r r a n g e m e n t s

ae

ithin

the

o o m

B l o c k ,

subect

to

th e execution of

a

o n t r a c t

a s provided

in (

b

b e l o w

b) eservations.i

o n v e n t i o n

C e n t e r Gro up wishing

to

o o k

a v a i l a b l e rooms

inaoom

Block

s h a l l

ener

into

a

o n t r a c t prortohe

R e l e a s e

Dae

forthe

a p p l i c a b l e

RoomBlock.Hotel

O w n e r

shall

honor

and

comply

w i t h the

terms

o f

each C o n t r a c t .ii)

rom t i m e toime,

if

he

R o o m

Bock

for

aa r t i c u l a r

monhhasbeen e x h a u s t e d ,

H o t e l

Owner

w i l l ,

if

e q u e s t e d

by

GMC&

B

and

ubject

to

r o j e c t e d a v a i l a b i l i t y and

uch

other factors

as

Hotel

Owne

may

deem appropriate,

mee

wth

d d i t i o n a l

C o n v e n t i o n

C en t e r

G r o u p s

wthegard

to

a d d i t i o n a l rooms

a t

the

Hote,

it

eing r e c o g n i z e d tha

H o t e l

O w n e r ,

G M C &

VBand

ny

such

C o n v e n t i o n Center Group shall

each

r e t a i n

thergh,

inhern d i v i d u a l

soe

iscretion, to d e t e r m i n e

w h e t h e r

to

enter

ino

ooking

Arrangement

for

a d d i t i o n a l rooms

and

to

e t e r m i n e th e

price

andal

otheerms

a n d

c o n d i t i o n s

thereof.

c )

Room

Rates.

i

ote

O w n e r

wll

a r t i c i p a t e

in

idding

to

p r o v i d e

lodging

fo

ity-

w i d e

meetings

on

a

o m p e t i ti v e

basiswith

other

simlar h o t e l

properties

i n v o l v e d

in

housing

city-

wide

groups,

a k i n g

ino

c c o u n t

ar e m i u m

fo r

the

Hote'

s

quality,

o c a t i o n

and proximtyto


7/26

ii) Hotel

Owner

shall

makethe Hotel

meet ing

and

function

space

available

to

Convention

Center

Groups

reserving

through

GMC&

VB or the

Convention

Center

commensurate

with the size

of

the

group,

on

terms

determined

by

Hotel Owner

acting

reasonably

in

the

ordinary

course ofbusiness after consultation with the Convention Center

Gro up .

Hotel Owner

shall

not

be

required

to

make

any

Hotel

meeting

and

function

space

available

to ConventionCenter

Groups

which have not reserved roomsat the Hotel

in

a

quantity

that

is commensuratewith

the

size

of

that

group.

iii) Hotel Owner shall

make

the Hotel's

cater ing

or restaurant facilities or

other

food

and

beverage

services

available to

Convention

Center

Groups

commensurate

with

the

size

of the

group

on

terms

determined

by

Hotel Owner

act ing

reasonably

in

the

ordinary

couse

of business after consultation

with

the Convention

Center

Grou p .

Hotel

Ownershall

not be

required

tomake

any

Hotel

cater ing

or

restaurant

facilities

or

other

food

and

beverage

services

available

to

Convention

Center

Groups

which

have not

reserved

rooms

at the Hotel in a

quantity

that

is commensurate

with

the

size

of

that

group.

4

D V E R T I S I N GAND

R O M O T I O N A L

A C T I V I T I E S . a

otel

O w n e r

wll

maintain

m e m b e r s h i p in

he

G M C &

V B .Inddition,

Hotel O w n e r

wll

actively

p a r t i c i p a t e

in

romotional

a c t i v i t i e s

with the

G M C &

VB

and

the

o n v e n t i o n

Center,

n c l u d i n g , but

noti m i t e d

to

rade s h o w s

and

d v e r t i s i n g . Hotel

O w n e r

wllalso

invte

e p r e s e n t a t i v e s

ofthe

G M C &

VB andtheo n v e n t i o n

C e n t e r

to

participate,

where

p p r o p r i a t e ,

in

ndustry trade

shows,

sales blitzes,

focus

g r o u p s ,

and

other

Hote supported

industry

e v e n t s .

b

hepaties

c k n o w l e d g e

t h a t

it

a y

be

p p r o p r i a t e

to

r o m o t e

the

Hotel

andtheo n v e n t i o n

C e n t e r

in

ommn

d v e r t i s e m e n t so

othe

r o m o t i o n a l

e f f o r t s

o

m a t e r i a l s .

The

parties

further

a c k n o w l e d g e

the

m p o r t a n c e to

the

H o t e l

o

a i n t a i n i n g

its

public

image.

c c o r d i n g l y ,

the

arties

sha

o b s e r v e

the

ollowing

r e q u i r e m e n t s

r e l a t i v e

to

any

d v e r t i s i n g

o

r o m o t i o n a l e f f o r t s

o

a t e r i a l s

wth

e s p e c t tothe

Hotel

and/ or

theo n v e n t i o n

C e n t e r

i

Nd v e r t i s e m e n t

o

r o m o t i o n a l e f f o r toa t e r i a l s h a l l

be

e v e l o p e d

o

u b l i s h e d

by

thewner,

G M C &

VBortheo n v e n t i o n Center

w h i c h

in

anyanner

i n f e r sthen v o l v e m e n t ofthe

o t e l

in

anyv e n t athe

o n v e n t i o n Center,

un less

Hotel

O w n e r

has

first

p p r o v e d

in

r i t i n g

its

esign,

content ,

subject matter,

e t h o d

o

r o m o t io n

and

other

f e a t u r e s .

N

d v e r t i s e m e n t

o

r o m o t i o n a l

e f f o r t

o

a t e r i a l

s h a l l

be

e v e l o p e d

o

u b l i s h e d

byotel

Owner w h i c h

in

any

anner

i n f e r sthen v o l v e m e n t ofthe

o t e l

in

anyv e n t

a

the

o n v e n t i o n Center,unless

O w n e r

has

first

p p r o v e d

in

r i t i n g

its

design,

content,

subject matter, e t h o d

o

r o m o t i o n

and

other

f e a t u r e s .

ii)

Anyd v e r t i s e m e n t

o

r o m o t i o n a l

e f f o r t soa t e r i a l s

s h a l l

be

paid

fo r

by

thepaty

e s p o n s i b l e

fo

n i t i a t i n g

it

r

in

uchothea n n e r as

the

arties may

g r e e


8/26

writing.

As

used

in this

paragraph

4he

tem

r o m o t i o n a l e f f o r t s

oa t e r i a l s

sha

include,

without l i m i t a t i o n , r a d i o

o

e l e v i s i o n

ads

lectronic

media, flyers,

a g a z i n e

o

e w s p a p e r

ads,

pubc

n n o u n c e m e n t s , news

releases,

r o m o t i o n a l

p r o d u c t s and

b i l l b o a r d

o

ther

publ ic

s i g n s .

c

ntentionally

D e l e t e d . dM C & VB,

w n e r ,

and

the

onvention

Cener

c k n o w l e d g e

tha

none

has

any

o n s e n t

o

p p r o v a l

rights

wth

e s p e c t

to

the

o t e l '

s

a r k e t i n g

p l a n

or

the

m o u n t

ofthe

Hotem a r k e t i n g

b u d g e t

orow

suchm o u n t

is

sed.Hotel

Owner

c k n o w l e d g e s

t h a t

itasno

o n s e n t

o

p p r o v a l

rights

wth

e s p e c ttoM C &VB 'sw n e r

s

r

the

Convention

C e n t e rs

individual

m a r k e t i n g

p l a n s

or

them o u n tof

ther

arketing

b u d g e t s orow

suchm o u n t s

ae

used,

x c e p t for

such

r i g h t s ,

if

ny,

i v e n toa

otel

as ae m b e r of

the

G M C &

VB5

OVENANTS

AN D

O B L I G A T I O N S

OF

WNER.

w n e r

covenants

and

a g r e e s and

will

cause

anythrd

a r t y

o p e r a t o r

ohe

o n v e n t i o n

Center

too m p l y

wth

the

f o l l o w i n g

covenants:

a)o e r a t i o n

o

he

m o r o v e m e n t s . O w n e r ,

a

ts

xpense ,

sha

p e r a t e ,

maintain

and

manage

the

o n v e n t i o n

C e n t e r

and

ny

a c c e s s o r y

useohall

cause

the

p e r a t i o n ,

maintenance

a n d m a n a g e m e n t

o,

heo n v e n t i o n

C e n t e r

and

anyc c e s s o r y u s e

a

aevel

a

e a s t

equal

tothaevel

m a i n t a i n e d onthe

d a t e

hereof.

btandards.

Theo n v e n t i o n

Center

shall

maintain the

s t a n d a r d s

of

qualityand

p e r a t i o n c o m p a r a b l e

to

othe

maor c o n v e n t i o n

c e n t e r s

in

her o u p m a r k e t

in

hen i t e d

Saes (

t h e

Standards ).

ca i n t e n a n c e .

O w n e r ,

a

ts

x p e n s e ,

shall

take

g o o d

care

of,

nd

keep

nd maintain,the

o n v e n t i o n

C e n t e r

inood

andsafeorde

and

c o n d i t i o n ,

andh a l l

make

ale p a i r s therein and

h e r e o n ,

interior

andx t e r i o r , structua

and

o n s t r u c t u r a l ,

ordinary

and

x t r a o r d i n a r y ,

foreseen

and

n f o r e s e e n ,

n e c e s s a r y

to

keep

the

o n v e n t i o n

C e n t e r

in

ood andsafe

orderand

o n d i t i o n ,

c o n s i s t e n twththe

t a n d a r d s ,

however

the

necessity

o

d e s i r a b i l i t y

therefor

m a y

arse

da n a g e m e n t .

Owner shallcause


C e n t e r

to

e

m a n a g e d

by

a

r o f e s s i o n a l

m a n a g e r

wththe

e q u i s i t e

experience

in

anaging

maor

c o n v e n t i o n

centers.

ee c u r i t y .

O w n e r

shall

keep

the

o n v e n t i o n

C e n t e r

lighted

and

sha

m a i n t a i n

securityinc c o r d a n c e

wth

t h e

Standards.

f

o n t i n u o u s

O o e r a t i o n .

O w n e r

shall

keep

he

o n v e n t i o n

C e n t e r

open

or

b u s i n e s s

in

he

r d i n a r y

course

of

b u s i n e s s

on

aear


9/26


10/26


11/26

b)

Cure

Right.

The

Recognized

Mortgagee

shall

have a

period

of

sixty (

60)

ays

after

r e c e i p t

ofao t i c eo

a i l u r eto

u r e ,

in

he

a s e

of

anyv e n toe f a u l t ,to

cure

the

v e n toefault

r e f e r r e d

to

in

the

o t i c eoa i l u r etou re

o

a u s e

it

to

be

cured.

Nothing

contained

herein s h a l l

beo n s t r u e d

as

m p o s i n g

any

b l i g a t i o n

upon

any

ecognized

M o r t g a g e e to

so

e r f o r m

o

o m p l yone h a l foHote

O w n e r .

c

c c e D t a n c e .

TheOwn e r

shall

accep

p e r f o r m a n c e

by

a

Recognized

M o r t g a g e e

of

anyovenant, o n d i t i o n

o

g r e e m e n t

on

otel w n e r

s

a rt to

be

performed

h e r e u n d e r

withtheame

force andf f e c t

ashough p e r f o r m e d

by

otel

O w n e r .

d

r i o r i t Y .

If

h e r e

isore than

one

o r t g a g e e ,

only

tha

o r t g a g e e ,

to

thex c l u s i o n

of

al

othe

o r t g a g e e s ,

whose

M o r t g a g eisost

s e n i o r inien

h a l l

be

e c o g n i z e d

as

aving

righs

u r s u a n ttoths

Section

7

n l e s s

suchfirst

p r i o r i t y

Mortgagee

h a s

d e s i g n a t e d

in writing to

Owner

a

ortgagee

w h o s e

M o r t g a g e

is j u n i o r in

en

o

e x e r c i s e

such

rgh

8

AMAGE

D E S T R U C T I O N

AND

E S T O R A T I O N

a

otice to

Hotel

Owner.If

h e

Convention

C e n t e r

is

d a m a g e d

o

e s t r o y e d

in

whole

o

in

n y

m a t e r i a l

partby

fire

other

c a s u a l t y ,

O w n e r sha

n o t i f y

Hote O w n e roa m e

aoon

as

easonably

p o s s i b l e

ater

w n e r '

s

d i s c o v e r y

o

a m e .

b.

b l i g a t i o n

to

R e s t o r e .

Ifal

r any portionoh e

Convention

C e n t e r

is

a m a g e d

or

d e s t r o y e d

by

fire

o

t h e r

casualty,

ordinary or

extraordinary, foreseen or

n f o r e s e e n ,

Ownershall,in

accordance

w i t h the

prov is ions

ohis

Sectionestore

th e

C o n v e n t i o n

Centertohe

c o n d i t i o n

thereof

a

itxisted

i m m e d i a t e l y

b e f o r e

such

casuaty

a

a s u a l t y

Restorat ion ) ,e g a r d l e s s ofwhethertheet

I n s u r a n c e

Proceedssha

be

ufficient therefor;

r o v i d e d , h o w e v e r , O w n e r

shallhave

no

u c h

r e s t o r a t i o n

obligation

if

the

a m a g e or

d e s t r u c t i o n

has

no

effect

on the

operation

o

he C o n v e n t i o n

C e n t e r andis

not

visible

tothe

ubic.

et

Insurance

P r o c e e d s

sha

meanh e

actua

amount

of

n s u r a n c e

p r o c e e d s

pad ef-

i n su rance

reserves

o

r o c e e d s

f u n d e d f o l l o w i n g

a

ire

o

o t h e r

nsued

a s u a l t y .

c

o m m e n c e m e n t

oo n s t r u c t i o nWkw n e r

sha

o m m e n c e th e construction work in

connection

wthaa s u a l t y R e s t o r a t i o n , asand

to

t h e

e x t e n t

required

by

hs

A g r e e m e n t ,

within

n i n e t y (

90

ay s

after

the

asualty

and

sha

i l i g e n t l y

pursue

the

ompletion

o

s u c h

Casualty

R e s t o r a t i o n .

9.

O N D E M N A T I O N

a)

Substantial

T a k i n g .

If

al o

u b s t a n t i a l l y

A llo

the

C o n v e n t i o n

Center

is

taken forany

u b l i c

or

quasi-

public

p u r p o s e

by

n y

l a w f u l power

or

a u t h o r i t y

by

he

execse

f

theigh

of

condemnation

ormnent d o m a i n ,

t h i s

A g r e e m e n t

shall t e r m i n a t e

as


12/26

b)

Definitions.

i)

Date

of

Taking

means the earlier

of (

A) the date on which actual

possession

of

all

or

Substant ial ly

All

of the

Convention

Center,

or

any

part

thereof,

as

the

case

may

be, is

acquired by

any

lawful

power

or

authority

by

the

exercise

of the

right

of

condemnation

oreminent domain

and

pursuant

to the

provisions

of

appl icable

law or (

B)

the

date

onwhich title to all

or

Substantially

All of the Convention

Center,

or

any

part

thereof, as

the case

may

be, has vested

in

any

lawful

authority

by

the exercise of the

r ight

of

condemnation

or

emnent

domainand

pursuant

to the

provisions

of

applicable

law.

ii)

Substantially

All

of

the

Convention

Center means a

portion

of

the

Convention

Center

which,

when

so

taken,

would leave, in Hotel OWner's and

OWner's

mutual

good

faith

determination,

abalance of

the Convention

Centerthat, due either

tothe

area

so

taken

orthe

location

ofthe

part

so

taken

in

relation

to the

par t

not so taken, would

not,

under

economic

conditions,

physical

constraints,

zoning

laws,

bui ld ing regulations

or

other

Requirements

then

existing,

readily

accommodate

a

new

or

reconstructed

bui ld ing

or

buildings

and other

improvements

of

a

type fully comparable

to the

Improvements

existing

at the Date of

Taking.

If

Hotel

OWner

and Owner do not determne

that

Substantially

All

of

the Convention

Center has been

taken,

then

this

Agreement

shall

not

termnate

and

expire

but shall continue

in

force and

effect,

subject

to the other

provisions

of this Section.

If Hotel OWner and OWner

determine that

Substant ial ly

All

of the

Convention

Center has been taken, then this

Agreement

shall

terminate

and

expire

on the

Date

of

Taking

pursuant

tosubsection 9(

a.cess t h a n a

u b s t a n t i a l

T a k i n g .

Ifess

han


All of

the

o n v e n t i o n

C e n t e risa k e n

for

any

u b l i c

o r q u a s i - pubcu r p o s e by

any

awful

p o w e r

ou t h o r i t y

bythe

x e r c i s eof

the

r i g h t

o n d e m n a t i o n

o

minent

d o m a i n

or

by

agreement

among

O w n e r

and

those

u t h o r i z e d

to

x e r c i s e

such

right,

ths

g r e e m e n t sha

c o n t i n u e for

the

e m a i n d e rofthe

term (

u b j e c tto

u b s e c t i o n

delow)

wthou

d i m i n u t i o n

of

a n yo

ote

w n e r

s

bligations

h e r e u n d e r ,

but

w i t haair

and

quitable

a b a t e m e n t of

the

oom

B l o c k .

d

b l i g a t i o ntoe s t o r ethe

onvention C e n t e r .

If

ess

than


All of

the

o n v e n t i o n C e n t e risa k e n

as

r o v i d e dinu b s e c t i o n

9

W n e r

shal,

nc c o r d a n c e

wth

he

p r o v i s i o n sohs

e c t i o n ,

restore the

e m a i n i n g p o r t i o n

o

he

o n v e n t i o n C e n t e r ,

tohex t e n t

f e a s i b l e ,

tohe

c o n d i t i o n o

he

o n v e n t i o n

C e n t e r

as

it

xisted

i m m e d i a t e l y

before

s u c h

akng

a


R e s t o r a t i o n ) ,

regardless

of

whehe

anyo n d e m n a t i o n a w a r d shabe

s u f f i c i e n t

theeor.

e)

ommencement

o

o n s t r u c t i o n

Work.

OWne

shall

commence

theo n s t r u c t i o nwork

in

o n n e c t i o n

wth

a


R e s t o r a t i o n

within

n ine ty (

90)

a y s after

recept

o

he

c o n d e m n a t i o n

award

for

the

amage

oe s t r u c t i o n

which c a u s e d

theneedfou ch

C o n d e m n a t i o n

R e s t o r a t io n

and

hall

diligently

p u r s u e the

competion

o


13/26

t)

Temporary Taking.

If

the

temporary

use

of

the

whole or

any

portion

of the

Convention

Center

is

taken for

a

pub l ic

or

quasi-

public purpose

by

a lawful

power

or

authority by

the

exercise

of

the

r ight

ofcondemnation or

eminent

domain

or

by agreement

between

Owner and

thoseauthorized

to

exercise such

r ight ,

Owner

shall

give

Hotel

Owner

notice

within

five (

5

u s i n e s s

days

t h e r e o f .

If

uche m p o r a r y

t a k i n g iso r

a

e r i o d

in

x c e s soone

u n d r e d

eghy(

180)

o n s e c u t i v e days,

then

such

t a k i n g

sha

b e

deemeda

e r m a n e n t t a k i n g

and

he

provisions

of

s u b s e c t i o n s

9(

a

through

9

e

a s

applicable, s h a l l apply.

gntention

of

P a r t i e s . The

x i s t e n c eo

ny

p r e s e n t

o

fuue

a w or

s t a t u t e

n o t w i t h s t a n d i n g ,

it

is

the

n t e n t i o no

h e

parties

that Owner (i)

shall

no

o n s e n t

to

n y c o n d e m n a t i o n or

t a k i n g of

all

orany

at

of

h e

C o n v e n t i o n C e n t e r

and (

ii)

a i v e

all rghs

to

qutou r r e n d e r

the C o n v e n t i o n

Center

or

any

a r t

t h e r e o f

by

e a s o n

o

n y

c o n d e m n a t i o n

or

taking

of

e s s

than SubstantiallyAl

o

he C o n v e n t i o n

C e n t e r .

10.N S U R A N C E .

For

so

long

as

the

Cy

he

A g e n c y

or

an y

i n s t r u m e n t a l i t y

o

h e

City

othe

gency

is

the

O w n e r

h e r e u n d e r ,

such

O w n e r

myl e c t

toa r r y

a n y

i n s u r a n c e ,

in

h o l e

or

inpart,

unde

any

plan

o

sef-

i n s u r a n c e ,

which

plan shall

cove

i a b i l i t y ,

c a s u a l t y

and

othe

overages ina

m a n n e r

substantially

s i m i l a r

totheelf-

n s u r a n c e

pan

inf f e c t

fo r the

C o n v e n t i o n

Center

aso

the

dae

e r e o f .

11.

NO

A R T N E R S H I P .

N o t h i n g

contained

inthsg r e e m e n t sha

be

deemed

or

c o n s t r u e d

to

r e a t e

a

artnership

orjoin

v e n t u r eo

o

between

th e

O w n e r

and

Hotew n e r .

1 2 .

N O T I C E S .

a

n

riting.

Whenever

it

is

provided

h e r e i n

tha

noce

e m a n d ,

r e q u e s t ,

c o n s e n t ,

a p p r o v a l

or

t h e r

c o m m u n i c a t i o n sha

o

may

be given

to

r

s e r v e d upon,

e i t h e r

of

the

arties

bythether (or any

R e c o g n i z e d

Mortgagee),or

w h e n e v e r

e i t h e ro

the

a r t i e s desires

to

gve

o

erve

upon

the

t h e r

anynoce

e m a n d ,

request,

consent ,

a p p r o v a l

other

c o m m u n i c a t i o n

wth

respect

hereto,

a c h suchnoceemand,

e q u e s t ,

c o n s e n t ,

a p p r o v a l

ot h e r c o m m u n i c a t i o n

referred

ton

h is

Section

12

as

aotice )h a l l

be

in

r i t i n g

a n d

shall

be

effective

for

purpose only

if

i v e n or s e r v e d

by

i

ertified

oegistered

U .

S

Mal,

o s t a g e

p r e p a i d ,

return

receipt

r e q u e s t e d , (

ii)

e r s o n a l

delivery

wth

igned

recep

or (

iii)


14/26

if to

Hotel Owner:

RDP

Royal

Palm

Hotel

Limited

Partnership

c/Peebles

Atlantic

Development

Corporation

Suite

4 6 5 0

1 0 0

S

E

Second Street

Mam,

l o r i d a

33131

Attention: R

D o n a h u e

P e e b l e s ,

President ina c h

case

w i t h

a

copy

toDP Royal

Pam

H o t e l L i m i t e d

Partnership

c

o eebles

Atlantic

D e v e l o p m e n t

C o r p o r a t i o n

2600

Virginia

A v e n u e ,

N.

Sue

0 6

W a s h i n g t o n

D

C0037 Attention:

S

Newell,

E x e c u t i v e

Vice

President

and

toolland &

Knight

LLP

Thirtieth Floor 7 0 1

Brickell

A v e n u e

M i a m i , F l o r i d a 33131

A t t e n t i o n :

S t u a r t

K

offman,

Esq.if

to

wner:

Cty

o

am Beach

City

Manager

1 7 0 0

C o n v e n t i o n

C e n t e r Drive Mam

B e a c h ,

Florida

33139

wthopies

totyo

Miami Beach

C i t y

Attorney

1 7 0 0 C o n v e n t i o n

Center

Dive

Mam

Beach,

F l o r i d a 3 3 1 3 9

andJoel


15/26


16/26


17/26

capacity

or

any

Person

claiming through

orunder the Owner (

in its

proprietary capacity

only) ,

or

ofthe

contractors,

agents,

servants,

employees,

guests,

invitees or licensees of

the

Owner (

in its

proprietary

capacity

only)

or

any

Person

claiming

th rough

orunder such

Person, in,

about or

concern ing

the

Convention

Center either

prior

to,

dur ing ,

or

after

the

expiration

of,

the

termof

this

Agreement,

except

to the

extent

any

of the

foregoing

is

caused

by

the

gross

negl igence

orwillful

misconduct

of

any

of

the Hotel Owner Indemnified

Parties.

ii) Hotel Owner

shall

indemnify

and

hold

the Owner Indemnified Parties

harmessfromall loss,

cost,

liability,

claim,

damage

and

expense (including

reasonable

attorneys'

fees

and disbursements),

penalties

and fines,

incurred

in connection

with

or

aris ing

from

any

acts,

omissions

or

negligence

of the

Hotel

Owner,

in,

about or

concemng

the Convention Center

either

prior

to,

during,

orafter the

expiration

of,

the

term

of

this

Agreement,

except

to the

extent

any

of the

foregoing

is caused

by

the

gross

negligence

orwillful

msconduct

of

any

of

the Owner

Indemnified Parties.

b)

Contractual

Liability.

i) The

obl igat ions

ofHotel Owner

under this

Section 14hall n otbe

a f f e c t e d

inny

w a y

bytheb s e n c eo

insurance

c o v e r a g e ,

or

bythea i l u r eo

e f u s a l

of

any

nsurance c a r r i e r

to

e r f o r m

an

b l i g a t i o n

on

its

pat

under

i n s u r a n c e

policies

a f f e c t i n g

the

Hote;

provided,

h o w e v e r ,

t h a t

if

the

wner

actually

r e c e i v e s

any

r o c e e d s

o

Hotel O w n e rs n s u r a n c e

wth

e s p e c t

to

an

b l i g a t i o n

o

otel

Owner

under

ths

e c t i o n ,

the

mount

thereof

s h a l lbe

redi ted

a g a i n s t ,

and

p p l i e dto

r e d u c e ,

any

a m o u n t s

paid

and/

o

ayabe

h e r e u n d e r

by

HoteOwner

wth

e s p e c t

to

such

o b l i g a t i o n

ii)

The

b l i g a t i o n softhe

wner

u n d e r

ths

S e c t i o n

14 s h a l lno

be

a f f e c t e d inn y

w ay

by

he

absence

o

n s u r a n c e

c o v e r a g e ,

orbyhe

failure

or

r e f u s a l

o

ny

n s u r a n c e

carrier

to

perform

an

o b l i g a t i o n

on

its

pat

under

insurance

p o l i c i e s

afectingthe

o n v e n t i o n

Cener;

r o v i d e d ,

h o w e v e r ,

that

if

Hotel

Owner

a c t u a l l y

receives

a n y proceeds

of

Owner

s

n s u r a n c e ,

i n c l u d i n g , bu

o t

l im i t e d

to,

any

sef-

n s u r a n c e

proceeds,

w i t h

r e s p e c t

to

n

obligationo

w n e r under

this Section,

them o u n t

t h e r e o f

sha

be

r e d i t e d

against ,

n d

applied

to

educe,

any

a m o u n t s

p a i d

and/

o

p a y a b l e

hereunder

by

Owner

w i t h respect

to

s u c h

obligation.

c)efense of

C l a i m E t c .

i)

f

ny

l a i m ,

action

r

p r o c e e d i n g

is

madeor o u g h t

against

any

Owner I n d e m n i f i e d

Paty

by

r e a s o n

o

n y

event

to

h i c h r e f e r e n c e ismade

in

s u b s e c t i o n

14

a

ii)

t h e n ,

upone m a n d bywnero

such

O w n e r

I n d e m n i f i e d P a r t y ,

Hotel

Owne

or anyuccessor

of

Hote

Owner,

as

p p l i c a b l e ,

sha e i t h e r

resist,

efend

oatisfy s u c h

clam

c t i o n

o

roceeding

in

such

O w n e r

Indemnified

P a r t y '

s

ame,

y

the

attomeys for,

opproved

by,

Hote

Owner'

s

i n s u r a n c e carrier (if

u c h

clam

c t i o n

o

r o c e e d i n g

is

o v e r e d by

n s u r a n c e )

o

uch o t h e r

attomeys

as

the

wner


18/26

The

foregoing

notwithstanding,

such

OWner Indemnified

Party

may

at its own

expense

engage

its own

attomeys

todefend such Owner

Indemnified

Party,

or

toassist

such

Owner

Indemnified

Party

in

such

Owner

Indemnified

Party'

s

defense

of

such

claim, action

or

proceeding,

as

the

case

may

be.

i i)

If

any

claim,

action

or

proceeding

is

made

or

brought

against

any

Hotel

OWner

Indemnified

Party

by

reason

of

any

event to

which

reference

is

made in subsection

14 (

a )(

i)

then,

upon

e m a n d

by

uch

Hotel

Owner

I n d e m n i f i e d

Party,

O w n e r ,

or

any

u c c e s s o r

o

W n e r ,

as

p p l i c a b l e ,

shall either resst,

e f e n d

o

atisfy

such

claim,

a c t i o n

o

r o c e e d i n ginuch Hotel

OWne


P a r t y '

s

n a m e ,

by

the

t t o m e y s

for,

op p r o v e d

by,theW n e rs

nsurance

c a r r i e r (

ifuch claim,

c t i o n

o

r o c e e d i n g

is

c o v e r e d

by

n s u r a n c e )

or

byuch

other

t t o m e y s as

Hotel

OWner

shaeasonably

a p p r o v e .

The

oregong

o t w i t h s t a n d i n g , such

HotelOwne


Party

m a y at

its

own

expense

e n g a g e

its

own

t t o m e y stoefend

suchHoteOWne


P a r t y , orto

ssist

such

Hotel

Owner


P a r t yin

uch

HotelOwne


P a r t y '

s

e f e n s eo

such

claim,

c t i o n

o

r o c e e d i n g ,

as

the

case

m a y

b e .

d

o t i f i c a t i o n

and

a y m e n t

i

ach

OWne


Party

sha

p r o m p t l y

notify

Hotel

O W n e r of

the

m p o s i t i o n

o,

i n c u r r e n c e

byo

assertion

against

such

Owner


P a r t y

of

any

cost

o

x p e n s e as

tohich Hotel O W n e r

has

g r e e d

to

n d e m n i f y such

OWne


Paty

u r s u a n t to

the

r o v i s i o n s

ofths

Section

14

otel

O W n e r

a g r e e s

to

ay

such

O W n e r

I n d e m n i f i e d Paty

alamounts

due

under

ths

e c t i o n

14

ithin

sixty (

60)

ay s after

receipt

othenotce

from

s u c h

O W n e r I n d e m n i f i e d Party.

ii

ach

Hotel

Owner


Party sha

p r o m p t l y n o t i f y

the

W n e r

t h e

i m p o s i t i o n

o,

i n c u r r e n c e

by

ossert ion

aganst

such

H o t e l

O w n e r


P a r t y

o

ny c o s t

oxpense

as

to

h i c h

OWner

has agreed

to

indemnify

suchHote

W n e r


Paty

u r s u a n t

totherovisions

o

h is

S e c t i o n

14

O W n e r

agrees

to

ay

s u c h Hote

O W n e r I nd e m n if ie d

Partyalamounts

due

under

ths

Section

1 4

w i t h i n

sxty(

60

ays

after receipto

the

n o t i c e

fromuch

Hote

O w n e r


Patyeurvival.The

provisions

of

this

Section

sha

u r v i v e

the

ermnation

of

this

Agreement.

15.

N V A L I D I T Y

OF

C E R T A I N

P R O V I S I O N S .

If

ny

r o v i s i o n

of

thsg r e e m e n t o

h e

a p p l i c a t i o n

t h e r e o f

to

any

Person

or

c i r c u m s t a n c e s

iso

any

xten,

i n a l l y

d e t e r m i n e d

byacouof

competent j u r i s d i c t i o n to

be

n v a l i d and

unenforceable,

the r e m a i n d e r

o

h is

Agreement,

an d

thep p l i c a t i o nouch p r o v i s i o n

to

Persons o r c i r c u m s t a n c e s other thanhose aoh i c h

itis

hed

n v a l i d

and

u n e n f o r c e a b l e , shall

not

e a f f e c t e d

thereby

and

e a c h

term

and

povsonof

this A g r e e m e n t

sha

bea l i d

and


19/26

16

U C C E S S O R S . In

thev e n t

of

anyr a n s f e r

o

s s i g n m e n t

of

any

ownership

i n t e r e s t

inthe

H o t e l

byotel

O w n e r

oritsu c c e s s o r s

or

in


C e n t e r

by

w n e r

or

its

u c c e s s o r s ,

ther a n s f e r e e

o

s s i g n e e

sha

s u c c e e d

to

the

rights,

ands s u m e

the

b l i g a t i o n s ,ootel O w n e r

o

w n e r ,

as

pplicable,

h e r e u n d e r .17NO

HIRD

PARlY

R I G H T S .

N o t h i n g

inhs

g r e e m e n t ,

express

or

mplied,

shall c o n f e r

upon

any

e r s o n ,

i n c l u d i n g

bu

ot l im i t e d

toheo n v e n t i o n

Cen te r or

GMC&

VB,

ther

than

the

a r t i e s

hereto

and

here s p e c t i v e

s u c c e s s o r s and

a s s i g n s ,

an y righs

o

e m e d i e s

u n d e r

o

y r e a s o n

ohs

greement;

p r o v i d e d ,

h o w e v e r ,

thaa

e c o g n i z e d

M o r t g a g e e

o

ts

e s i g n e e

shall

be

thrd

artye n e f i c i a r i e s

h e r e u n d e r

to

hextent

same

ae

x p r e s s l y

graned

rghse r e u n d e r .18PPLICABLE

LAW

AND

E X C L U S I V E

V E N U E .

Th is

A g r e e m e n t

and

the

i g h t s and

o b l i g a t i o n s

o

he a r t i e s

hereunder

s h a l l

begovemed by

and

o n s t r u e d

in

c c o r d a n c e w i t h the lawsofthe

tateol o r i d a ,

both

ubstantive

and

e m e d i a l ,

without

r e f e r e n c e

to

r i n c i p l e s

of

c o n f l i c t

o

aws.

he

e x c l u s i v e

venue

for

any

l itigationo

othe

ispute a r i s i n g h e r e u n d e r

shall

be

DadeCounyl o r i d a .19

N T I R E

A G R E E M E N T ;

NO

A I V E R . Th is

Agreement, together wthhe

e x h i b i t s h e r e t o ,

contains

al

o

he

r o m i s e s ,

agreements,

conditions,

n d u c e m e n t s

andn d e r s t a n d i n g s

between

Hotel

O w n e r

and

Owner c o n c e r n i n g

the

subject matter h e r e o f ,

and

thee

ae

no

omses,

agreements,

o n d i t i o n s ,

understandings,

i n d u c e m e n t s , w a r r a n t i e so

r e p r e s e n t a t i o n s ,

oral

o

witten

xpress

or

implied,

e t w e e n them

wth

espect

tohe

ubject

m a t t e r

hereof

other

thanas

x p r e s s l y

s e t

forth

hereinandin

h e e x h i b i t s

heretoandin

he

r o j e c t

A g r e e m e n t s .

N o t w i t h s t a n d i n g

a n y t h i n gto

h e

c o n t r a r y

se

orth

in

h is A g r e e m e n t ,

the

erms

o

his

A g r e e m e n t

s h a l l

s u p e r s e d e

the

erms

of

tha

certain

Letter

of

I n t e n t

wth

e s p e c t

to

h e

d e v e l o p m e n t

and

o p e r a t i o no

the

m p r o v e m e n t s ,

d a t e d

March

5997,

e x e c u t e d

byhe

Agency,

Owner,

R D P

Royal

Pam

otel Limited

Company

and

R D P

Shorecrest

HoeLmted

o m p a n y ,

and

ny

e p l a c e m e n t s , subst i t u t ions ,

restatements

orm e n d m e n t s

thereof.

N o

c o v e n a n t ,

agreement,

term

or

condi t ion

o

hs

g r e e m e n t

s h a l l

be

changed,

o d i f i e d ,

a l t e r e d , waivedoe r m i n a t e d

except

by aritten i n s t r u m e n t o

change,

o d i f i c a t i o n ,

a l t e r a t i o n ,

waiver

ore r m i n a t io n e x e c u t e dby

o t e l

O w n e r

andwner.

No

a i v e r

o

ny

defaut

shall affect or

alter

ths

greement,

bu

each

andv e r y c o v e n a n t ,

agreement,

ermand

o n d i t i o n ofths

g r e e m e n t shall

c o n t i n u e

in

ul l

force

andeffect

wth

e s p e c t

to

nyther

hen

x i s t i n g

or subsequent

d e f a u l t .

Ths

g r e e m e n t

m a ybex e c u t e d

in

ounterparts,

each

o

h i c h

s h a l l

be

deemed

an

riginal

bu

al

o

whch

ogether shall r e p r e s e n t

one

i n s t r u m e n t .

20.

E C O R D A T I O N .

O w n e r

sha

a v e

no

rghto

e c o r d

this A g r e e m e n t

o

e m o r a n d u m

thereof

in

the

ublic

R e c o r d soa d e

Couny,

l o r i d a . 21

N A V O I D A B L E

D E L A Y .

The

imesfor

e r f o r m a n c e

se

forth

n t h i s

A g r e e m e n t (

other

t h a n

foo n e t a r y

o b l i g a t i o n so


20/26

perfo rmance

is

delayed by

Unavoidable

Delay ,

except

as otherwise

expressly

set

forth in

this

Agreement.

IN

WITNESSWHEREOF, the

parties

hereto

have

caused

this

Agreement

to be

executed

in theirnames

by

their

duly

authorized

representatives

and

delivered as

their

act

and

deed,

intending

to be

legally

bound

by

its termsand

provisions.

HOTEL

OWNER

RCP

R o y a l

Palm Hotel .:::

Limited

Par tnersh ip ,

a Florida

I im i t e c t p a r tn e jS b i p : : .

B y :

PACC

Hospital i ty Corporation

I, a/

Florida

corporat ion

as General

Partner . - .

B y :

ATTEST:

OWNER

B,_~(

f~~

Robert

Parcher

City

Clerk

a Florida

on

B y :

Neisen O. Kasdin

M a y o r

A P P R O V E D

AS

TO

FORM &

LANGUAGE

FOR

EXECUTION

q~'

Y


21/26


22/26

Exhibit

3(

a)

JJ

998

Geaer

Miam Convention &

Visitors

Bureau

701

Brickell

A v e n u e

S u i t e

2700

Miam,

FL3131

RDP

Royal

Pam

and

S h o r e c r e s t Crowne Plaza R e s o r t Dea

A ll

defined

terms (as

d e n o t e d by

apital ization)

used

in

his

letter

g r e e m e n t shall

h a v e the meaningsseorth

in

h a t

c e r t a i n

Co nv en t io n

Center

A g r e e m e n t

byand

between

RDPo y a l

Palm Hotel L i m i t e d

P a r t n e r s h i p

C

RDP )

andthe

ity

of

M i a m i

Beach

dated

asotheate

hereof. This letterc o n f i r m s

thaRDP

has

enered

intothose

ertain

Book ing


for

Convention

C e n t e r Groups listedon

Schedule

At t a c h e d hereto

and

n c o r p o r a t e d

herein.

RDP

f u r t h e r

a c k n o w l e d g e s

and

agrees

hat

aluch Booking


ae

i t h i n

theRooml o c k ,

s u b j e c t

to

h e execution

o

a

Contract.

In

d d i t i o n ,

RDP

hereby

a g r e e s

thatthe

o o m B l o c k

for

he

e e k e n d

of

th e

Super

Bow

in

1999ill

bemade a v a i l a b l e

in

c c o r d a n c e

wi th

the

erms

and

provis ions

o

the

o n v e n t i o n

Center

A g r e e m e n t .

Sincerely,

R D P

Royal

Palm

Hote

U m i t e d

P a r t n e r s h i p ,

aorida

i m i t e d p a r t n e r s h i p

By

ADC

o s p i t a l i t y Corporation

I

a

l o r i d a

c o r p o r a t i o n ,

as

G e n e r a l

P a r t n e r

A c k n o w l e d g e d

and

greed

upon

ths _ay

of ,

1998:

G r e a te r

Mam

o n v e n t i o nVstorsBureau By:a m e :itle:

A T T C N .

I V L


23/26

SCHEDULE

A

ROYAL

PALM

CROWNE

PLAZA

GROUP

COMMITMENT

SUMMARY

as of

10

13/

97

Daes G r o up # Rae

Contact (

CVB

Decision

R O O M S

u n l e s s

othewise

Date

peak

noted)

nights)

1999 Jan

1999

Alyn &a c o n 75$

80

Estela

Bode

12/

97

1

6- 22/

99

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0 0 $

180

Estela

Bode

6

9

1

28-

2 1

9

uper Bowl

150

2

1-

28/

99

mM

Corp200$

200

Estela

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L O S T

Z21

29

99

Na

l

ociety

of

150$

75

B a r r y

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Ra is ing

Execs

M o s k o w i t z L a u r a

Murray,Ste

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714

752

757

5

24-

28/

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C a r d T e c h l S e c u r T e c h

150$

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5

97

630/

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24/26

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106

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17220

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132

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23

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Mavie

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25/26

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2004

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Mak

FordOct/

Nov

97


26/26

08) convention center agreement

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