exv10w30w8






Exhibit 10.30.8




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CONFIRMATION OF TERMINATION
 OF SWAP
TRANSACTION




	 	 	 

	 
	To:

	 	Ashford Hospitality Limited Partnership (“Counterparty”)
	Attention:

	 	Randy Medina
	Email:

	 	rmedina@chathamfinancial.com
	 
	 	 
	From:

	 	Wells Fargo Bank, N.A. (“Wells Fargo”)
	Telephone:

	 	(704) 383-4599
	Fax:

	 	(704) 383-9139
	Email:

	 	inboundconfirms@wellsfargo.com
	 
	 	 
	Ref. No:

	 	2420215
	 
	 	 
	Date:

	 	November 04, 2010






Dear Randy Medina:



Reference is made to that certain Transaction with a Trade Date of March 12, 2008, an Effective
Date of March 13, 2008 and a Termination Date of March 13, 2013 (“Reference Transaction”), which
Reference Transaction is evidenced by a Confirmation between Wells Fargo and the Counterparty (as
the same may have been amended or modified prior to the date hereof, the “Reference
Confirmation”).



This confirms that, as of October 19, 2010 (the “Unwind Date”), the parties have terminated the
Reference Transaction, together with their remaining obligations to make any further payments
under the Reference Transaction for any future Payment Date occurring after the Unwind Date as
described in the Reference Confirmation, subject to any Termination Fee as provided below. The
obligation of either party to make any payment under the Reference Transaction for any Payment
Date occurring on or prior to the Unwind Date (including overdue interest thereon, whether
accruing before or after the Unwind Date) shall survive such termination, and any such payment has
not been included in any such Termination Fee.




Termination Fee:



At Counterparty’s request, the value to either party of terminating the Reference Transaction on
the Unwind Date has been rolled over into another Transaction as reflected in an adjustment to the
Fixed Rate thereof without either party agreeing to pay or receive a termination fee for such early
termination of the Reference Transaction (“Termination Fee”). The other Transaction is evidenced by
a Confirmation dated November 04, 2010 between Wells Fargo and Counterparty (Wells Fargo reference
number 7614901). Accordingly, neither party shall be obligated to pay a Termination Fee for the
termination of the Reference Transaction.




	 	 	 

	Wells Fargo Contacts:

	 	Settlement and/or Rate Resets:
	 

	 	1-800-249-3865






Wells Fargo: 2420215




 









 








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	 	1-704-383-8429
	 
	 	 
	 

	 	Documentation:
	 

	 	Tel:  (704) 383-4599
	 

	 	Fax:  (704) 383-9139
	 
	 	 
	 

	 	Collateral:
	 

	 	Tel:  (704) 427-5785
	 

	 	Fax:  (704) 427-5480
	 

	 	Email:  collateral.mgmt@wachovia.com
	 
	 	 
	 

	 	Please quote transaction reference number.






Documentation:



This Confirmation is a binding and complete contract between the parties, provided that if the
Reference Transaction was governed by a master agreement (however described) between the parties
(“Master Agreement”), this Confirmation is a Confirmation under the Master Agreement and
supplements, forms part of and will be governed by the Master Agreement. Unless otherwise provided
in the Master Agreement, this Confirmation is governed by the law (and not the law of conflicts) of
the State of New York.



Please confirm that the foregoing correctly sets forth the terms of our agreement by executing
a copy of this Confirmation and returning 

it to us.




	 	 	 	 	 	 	 

	 	 	Very truly yours,	 	 
	 	 	Wells Fargo Bank, N.A.	 	 
	 	 	
	 

	 	By:	 	

 
	 	 
	 

	 	Name:

Tracey Bissell
	 	 
	 

	 	Title:
Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	Ref. No. 2420215	 	 






Accepted and Confirmed as of date first

written above:

Ashford Hospitality Limited Partnership




Wells Fargo: 2420215




 









 





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	By:



	 	Ashford OP General Partner LLC	 	 
	 
	 	 	 	 
	By:





	
	 	 
	Name:
 David Brooks
	 	 
	Title:


   Vice President
	 	 






Wells Fargo: 2420215