Assets of District of Columbia Hotel Business

Sale of assets of Wardman Hotel Owner, L.L.C. Which includes:

1. That certain real property located in the Washington, D.C., commonly known as 2660 Woodley Road NW, Washington, D.C. 20008 (the “Land”);
2. The buildings, structures and improvements erected or located on the Land (collectively, the “Improvements,” and together with the Land, collectively, the “Real Property”);
3. Any rights and appurtenances pertaining to the Land, including minerals, oil and gas rights, air, water and development rights, roads, alleys, easements, streets and ways adjacent to the Land, rights of ingress and egress thereto, any strips and gores within or bounding the Land and in profits or rights or appurtenances pertaining to the Land (the “Appurtenant Rights”);
4. Certain agreements affecting the Property (collectively, the “Miscellaneous Agreements”);
5. All assignable permits and licenses to the extent the same pertain to the Real Property (collectively, the “Permits”);
6. All assignable intangible property, if any, used exclusively in connection with the occupancy and operation of the Real Property (the “Intangible Property”); and
7. All assignable warranties of any contractor, manufacturer or materialman which relate to the Improvements or Personal Property included in the sale (collectively, the “Warranties”).