ex10_16.htm


    
      

    

    Exhibit
10.16

    


    HOTEL
LEASE

    Amendment No.
2

    


    This
agreement, dated the 1st day of
September, 1977, by and between CHATEAU LOUISIANE, INC., a Louisiana corporation
hereinafter called "Landlord" and ROYAL SONESTA, INC., a Louisiana corporation,
assignee of Sonesta International Hotels Corporation, successor by merger of
Louisiana Sonesta Corporation (formerly The Royal Orleans, Inc.), which
corporations are hereinafter interchangeably referred to as
"Tenant",

    


    W I T N E
S S E T H   T H A T :

    


    WHEREAS,
by act dated December 12, 1967, registered C.O.B. 683-D, Folio 40-43, as amended
by agreement dated November 26, 1973, registered C.O.B. 723-C, Folio 269-272
(which act and agreement are hereinafter collectively called the "Lease"),
Landlord did lease to Tenant certain properties located in the City of New
Orleans, and

    


    WHEREAS,
it has become apparent that certain changes should be made in the Lease so as to
clarify the original intent of the parties,

    


    NOW,
THEREFORE, the parties agree that the Lease between them shall be and the same
is hereby further amended as follows:

    


    1.           By
providing that the furnishings and equipment provided by Landlord pursuant to
the provisions of Paragraph (c) of Section 7 of the Lease shall be construed as
a portion of the property leased by Landlord to Tenant.

    


    2.           By
adding the following to Section 8 of the Lease:

    


    "Tenant's
obligation to maintain the furnishings and equipment shall be construed in
accordance with the provisions of Articles 2719 and 2720 of the Revised Civil
Code of Louisiana, except only as modified by the obligations of the parties
pursuant to Sections 21 and 22 of this Lease."


    
      
         


      

      
        1

        
          

        

      

      
         


      

    


    3.           By
adding to Section 26 of the Lease, following the words "the demised premises",
the words "(including the furnishings and equipment)".

    


    IN
WITNESS WHEREOF, the parties have caused this agreement to be executed on the
date first above written.

    


    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              	
                                      Witnesses:

                                    	 
      	
                                      CHATEAU
      LOUISIANE, INC.

                                    
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                                      By
      

                                    	
                                      /s/ Lester E. Kabacoff

                                    	 
      
	 
      	 
      	 
      	
                                      Lester
      E. Kabacoff, Vice President

                                    
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                                      Attest

                                    	
                                      /s/ Stephen B. Lemann

                                    	 
      
	 
      	 
      	 
      	
                                      Stephen
      B. Lemann, Secretary

                                    
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                                      ROYAL
      SONESTA, INC.

                                    
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                                      By
      

                                    	
                                      /s/ John J. Duane

                                    	 
      
	 
      	 
      	 
      	
                                      John
      J. Duane, Vice President

                                    
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                                      Attest

                                    	 
      	 
      


                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    


    


    The
undersigned Sonesta International Hotels Corporation (formerly Hotel Corporation
of America), as guarantor of the obligations of Tenant pursuant to the Lease
dated December 12, 1967, as amended by agreement dated November 26, 1973, does
hereby consent to the execution of the above and foregoing amendment and agrees
that it shall remain obligated in solido with Royal Sonesta, Inc. pursuant to
the terms of the Lease as amended by the foregoing Amendment No. 2, and agrees
that its obligations as guarantor of the Royal Orleans Hotel Lease, as modified
by the terms of the assignment thereof, also remain in full force and
effect.

    


    
      
        
          
            
              
                
                  
                    	
                            Witnesses:

                          	 
      	
                            SONESTA
      INTERNATIONAL HOTELS CORPORATION

                          
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	
                            By
      

                          	
                            /s/ John J. Duane

                          	 
      
	 
      	 
      	 
      	
                            John
      J. Duane, Vice
President

                          


                  

                

              

            

          

        

      

    


    
      
         


      

      
        2

        
          

        

      

      
         


      

    

     

    
      
        
          	 
      	 
      	
                  Attest

                	 
      	 
      


        

      

    

    


    Consent
is hereby granted to the foregoing Amendment No. 2:

    


    
      
        
          
            
              
                
                  	 
      	
                          THE
      EQUITABLE LIFE ASSURANCE

                        
	 
      	
                          SOCIETY
      OF THE UNITED STATES

                        
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	
                          By

                        	 
      	 
      
	 
      	 
      	
                          Vice
      President

                        	 
      


                

              

            

          

        

      

    

    


    


    


    STATE OF
LOUISIANA

    


    PARISH OF
ORLEANS

    


    On this
19th
day of July, 1977, before me appeared LESTER E. KABACOFF, to me personally
known, who being by me duly sworn, did say that he is the Vice President of
CHATEAU LOUISIANE, INC., and that the above and foregoing instrument was signed
and sealed on behalf of the corporation by authority of its Board of Directors,
and the said appearer acknowledged the instrument to be the free act and deed of
said corporation.

    


    


    


    
      
        
          
            	 
      	 
      	 
      
	 
      	
                    Notary
      Public

                  	 
      


          

        

      

    

    


    


    


    COMMONWEALTH
OF MASSACHUSETTS

    


    COUNTY OF
SUFFOLK

    


    


    


    On this
1st
day of September, 1977, before me appeared John J. Duane, to me personally
known, who being by me duly sworn, did say that he is the Vice President of
ROYAL SONESTA, INC., and that the above and foregoing instrument was signed and
sealed on behalf of the corporation by authority of its Board of Directors, and
the said appearer acknowledged the instrument to be the free act and deed of
said corporation.

    


    


    


    
      
        
          	 
      	 
      	 
      
	 
      	
                  Notary
      Public

                	 
      


        

      

    


    
      
         


      

      
        3

        
          

        

      

      
         


      

    


    COMMONWEALTH
OF MASSACHUSETTS

    


    COUNTY OF
SUFFOLK

    


    On this
1st
day of September, 1977, before me appeared John J. Duane, to me personally
known, who being by me duly sworn, did say that he is the Vice President of
SONESTA INTERNATIONAL HOTELS CORPORATION, and that the above and foregoing
instrument was signed and sealed on behalf of the corporation by authority of
its Board of Directors, and the said appearer acknowledged the instrument to be
the free act and deed of said corporation.

    


    


    
      
        
          	 
      	 
      	 
      
	 
      	
                  Notary
      Public

                	 
      


        

      

    

     

     

    4