EX-10.1
from 8-K
5 pages
Reference Is Made to (I) the Securities Purchase Agreement Dated as of May 27, 2022 (The “May Agreement”) Between LuxUrban Hotels Inc. (Formerly Known as Corphousing Group, Inc.), a Delaware Corporation (The “Company”), and Greenle Partners LLC Series Alpha P.S., a Delaware Limited Liability Company (“Greenle Alpha”), (II) the Securities Purchase Agreement Dated as of June 30, 2022 and Amended by the Letter Agreement Dated July 15, 2022 and Addendum to Securities Purchase Agreement Dated as of August 15, 2022 (As Amended, the “June Agreement”) Between the Company and Greenle Alpha, (III) the Securities Purchase Agreement Dated as of September 30, 2022 and Amended by the Letter Agreement Dated October 20, 2022 (As Amended, the “September Agreement” And, Together With the May Agreement and the June Agreement, the “Purchase Agreements”) Between the Company and Greenle Alpha, and (IV) the Loan Agreement Dated as of November 23, 2022 (The “Loan Agreement”) Among the Company, Greenle Alpha and Greenle Partners LLC Series Beta P.S., a Delaware Limited Liability Company (“Greenle Beta” And, Together With Greenle Alpha, “Greenle”), as Supplemented or Amended by the Letter Agreement Dated February 17, 2023; and (V) the Letter Agreement Between Greenle and the Company Dated February 13, 2023 Pursuant to Which Among Other Matters, Certain Future Revenue Share Payments Were Converted to the Obligation by the Company to Issue Shares of Common Stock (The “February 2023 Revenue Share Agreement” and Collectively With the Purchase Agreements and Loan Agreement, the “Agreements”). Terms Used but Not Defined Herein Have the Respective Meanings Set Forth in the Purchase Agreements
12/34/56
EX-10.1
from 8-K
21 pages
Reference Is Made to (I) the Loan Agreement Dated as of November 23, 2022 (The “Loan Agreement”) Among LuxUrban Hotels Inc. (The “Company”), Greenle Partners LLC Series Alpha P.S. and Greenle Partners LLC Series Beta P.S. (“Greenle Beta”), and (II) the Series D 15% Oid Senior Secured Promissory Note of the Company in the Original Principal Amount of $2,242,500 Issued to Greenle Beta Pursuant to the Loan Agreement (The “Outstanding Note”). Terms Used but Not Defined Herein Have the Respective Meanings Set Forth in the Loan Agreement. This Letter Will Confirm Our Understanding and Agreement That, in Consideration of the Respective Agreements of the Company and Greenle Beta Set Forth Herein, the Sufficiency of Which Is Hereby Acknowledged by Such Parties, the Company and Greenle Beta Acknowledge and Agree as Follows
12/34/56
EX-10.1
from 8-K
3 pages
Reference Is Made to (I) the Securities Purchase Agreement Dated as of May 27, 2022 (The “May Agreement”) Between LuxUrban Hotels Inc. (Formerly Known as Corphousing Group, Inc.), a Delaware Corporation (The “Company”), and Greenle Partners LLC Series Alpha P.S., a Delaware Limited Liability Company (“Greenle Alpha”), (II) the Securities Purchase Agreement Dated as of June 30, 2022 and Amended by the Letter Agreement Dated July 15, 2022 and Addendum to Securities Purchase Agreement Dated as of August 15, 2022 (As Amended, the “June Agreement”) Between the Company and Greenle Alpha, (III) the Securities Purchase Agreement Dated as of September 30, 2022 and Amended by the Letter Agreement Dated October 20, 2022 (As Amended, the “September Agreement” And, Together With the May Agreement and the June Agreement, the “Purchase Agreements”) Between the Company and Greenle Alpha, and (IV) the Loan Agreement Dated as of November 23, 2022 (The “Loan Agreement”) Among the Company, Greenle Alpha and Greenle Partners LLC Series Beta P.S., a Delaware Limited Liability Company (“Greenle Beta” And, Together With Greenle Alpha, “Greenle”). Pursuant to the Purchase Agreements and the Loan Agreement, Greenle Has Acquired a 100% Credit Percentage in the Revenue Share With Respect to the Premises and Properties Set Forth on Annex a Hereto (The “Subject Properties”). Terms Used but Not Defined Herein Have the Respective Meanings Set Forth in the Purchase Agreements
12/34/56
EX-10.1
from 8-K
4 pages
Reference Is Made to (I) the Securities Purchase Agreement Dated as of September 30, 2022, as Amended by the Letter Agreement Dated October 20, 2022 (As Amended, the “Purchase Agreement”) Between LuxUrban Hotels Inc. (Formerly Known as Corphousing Group Inc.), a Delaware Corporation (The “Company”), and Greenle Partners LLC Series Alpha P.S., a Delaware Limited Liability Company (“Greenle Alpha”), and the Series C 15% Oid Senior Secured Convertible Promissory Note Due October 20, 2023 in the Original Principal Amount of $1,466,250 (The “Series C Note”) Issued Thereunder and (II) the Loan Agreement Dated as of November 23, 2022 (The “Loan Agreement”) Among the Company, Greenle Alpha and Greenle Partners LLC Series Beta P.S., a Delaware Limited Liability Company (“Greenle Beta” And, Together With Greenle Alpha, “Greenle”) and the Series D 15% Oid Senior Secured Promissory Notes Due May 27, 2023 in the Original Aggregate Principal Amount of $2,875,000 (The Series D Notes”) Issued Thereunder. Terms Used but Not Defined Herein Have the Respective Meanings Set Forth in the Purchase Agreement
12/34/56