Exhibit 10.6
FIRST AMENDMENT TO GUARANTY
This First Amendment to Guaranty (“Amendment”) is dated as of September 9, 2013,
and effective as of September 1, 2013, by and between Strategic Hotel Funding,
L.L.C., a Delaware limited liability company (“Guarantor”) and Metropolitan Life
Insurance Company, a New York corporation (“Beneficiary”) with reference to the
following facts:
A.    This Amendment amends and affects that certain Guaranty dated as of May 5,
2010 in which Guarantor agreed to guaranty the performance of the Guaranteed
Obligations.
B.    The Guaranty was entered into in connection with that certain first
mortgage loan (“Loan”) made by Beneficiary to SHR St. Francis, L.L.C., a
Delaware limited liability company (“Borrower”), in the amount of Two Hundred
Twenty Million and no/100 Dollars ($220,000,000.00), which loan was evidenced by
a Promissory Note dated as of May 5, 2010 (“Note”), made by Borrower in favor of
Beneficiary.
C.    Repayment of the Note was secured by, among other documents, a Deed of
Trust, Security Agreement and Fixture Filing dated as of May 5, 2010 (the “Deed
of Trust”), executed by Trustor to Fidelity National Title Insurance Company, as
Trustee, for the benefit of Beneficiary, recorded May 11, 2010 as Instrument No.
2010-I964981-00 in the Official Records of San Francisco County, California (the
“Official Records”) and rerecorded June 28, 2010 as Instrument No.
2010-I989220-00 in the Official Records.
D.    In connection with the Loan, Borrower and Guarantor entered into an
Unsecured Indemnity Agreement dated as of May 5, 2010 in favor of Beneficiary.
E.    Concurrently with the execution of this Amendment, (i) Beneficiary and
Borrower have entered into that certain First Modification of Note, Deed of
Trust, Security Agreement and Fixture Filing and Other Loan Documents (the
“Modification”) and (ii) Guarantor, Borrower and Beneficiary have entered into
that certain First Amendment to Unsecured Indemnity Agreement.
F.    In connection with the Modification, Guarantor and Beneficiary desire to
amend the Guaranty.
AGREEMENT:
NOW, THEREFORE, in consideration of good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto have agreed
and do hereby agree as follows:
1.    Capitalized Terms. Capitalized terms used herein and not otherwise defined
shall have the meaning given in the Guaranty.

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2.    Definitions.
(a)    The term “Note” as used in the Guaranty is hereby amended to refer to the
Note as modified by the Modification.
(b)    The term “Deed of Trust” as used in the Guaranty is hereby amended to
refer to the Deed of Trust as modified by the Modification.
(c)    The term “Loan Documents” as used in the Guaranty is hereby amended to
refer to the Loan Documents as modified by the Modification.
3.    Binding Effect. This Amendment shall be binding upon the successors and
assigns of Guarantor and shall inure to the benefit of and be enforceable by
Beneficiary, its successors and assigns and any trustee appointed for the
benefit of the holder of the Note.
4.    Governing Law. This Amendment shall be governed and construed by the laws
of the State of California.
5.    Ratification and Confirmation. Guarantor agrees and confirms that the
Guaranty continues in full force and effect as to all obligations contained
therein and the execution and delivery of the Modification and any documents
executed in connection in no way impairs or adversely affects the validity,
existence or enforceability of the Guaranty. Guarantor represents and warrants
that as of this date there is no default under the Guaranty by Guarantor and, to
its knowledge, no event that with the giving of notice or passage of time would
constitute a default by Guarantor or Beneficiary under the Guaranty.
6.    Counterparts. This Amendment may be executed in any number of
counterparts, each of which shall be deemed an original and all of which shall
together constitute one and the same instrument.
7.    Modifications. There are and were no oral or written representations,
warranties, understandings, stipulations, agreements, or promises made by either
party, or by any agent, employee, or other representative of either party,
pertaining to the subject matter of this Amendment which have not been
incorporated into this Amendment. This Amendment shall not be modified, changed,
terminated, amended, superseded, waived or extended except by a written
instrument executed by the parties hereto.
8.    Full Force and Effect. Except as herein modified or amended, the
provisions, conditions and terms of the Guaranty shall remain unchanged and in
full force and effect. In the case of any inconsistency between the provisions
of the Guaranty and this Amendment, the provisions of this Amendment shall
govern and control.
9.    Severability. If any term, covenant or condition of this Amendment is held
to be invalid, illegal or unenforceable as to a particular person, entity or
situation, this Amendment shall, at the option of Beneficiary, be construed and
enforced without such provision but will be otherwise enforced to the fullest
extent permitted by law as to such person, entity or situation; and this

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Amendment will also be enforced to the fullest extent permitted by law as to any
other person, entity or situation.
10.    Notices. All notices pursuant to this Amendment shall be given in
accordance with the Notice provision of the Guaranty.
11.    No Joint Venture or Partnership. Nothing contained in this Amendment
shall be construed as creating a joint venture or partnership between Guarantor
and Beneficiary.
[Signatures appear on following page]

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FIRST AMENDMENT TO GUARANTY

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IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
date first above written.
GUARANTOR:

Strategic Hotel Funding, L.L.C.,
a Delaware limited liability company

By: /s/ Jonathan P. Stanner
Name: Jonathan P. Stanner
Title: Vice President, Capital Markets & Treasurer

BENEFICIARY:

METROPOLITAN LIFE INSURANCE COMPANY,
a New York corporation

By: /s/ Eric McCoskey
Name: Eric McCoskey
Title: Director

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