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Exhibit 10.1(e)    
    

ASSIGNMENT OF LEASE AND RENT AND SECURITY AGREEMENT  

Dated as of June 15, 2003 

from

CSL LEASING INC.,

as Assignor 

to 

WILMINGTON TRUST COMPANY

as Indenture Trustee, 

as
Assignee 

 
 

TABLE OF CONTENTS

	Section
 
	 	Heading
	 	Page

	Parties	 	1
	

Section 1.	
 	

Defined Terms	
 	

1
	

Section 2.	
 	

Assignment	
 	

1
	

Section 3.	
 	

Receipt of Rents	
 	

3
	

Section 4.	
 	

Irrevocability; Supplemental Instruments	
 	

3
	

Section 5.	
 	

Validity	
 	

3
	

Section 6.	
 	

Lessor Remains Liable	
 	

3
	

Section 7.	
 	

Amendments to the Assigned Leases	
 	

4
	

Section 8.	
 	

Termination of this Assignment	
 	

4
	

Section 9.	
 	

Ongoing Right to Collect Rents; Receivers	
 	

4
	

Section 10.	
 	

Amendment to this Assignment	
 	

4
	

Section 11.	
 	

Notices	
 	

5
	

Section 12.	
 	

Successors and Assigns	
 	

5
	

Section 13.	
 	

Severability	
 	

5
	

Section 14.	
 	

Governing Law	
 	

5
	

Section 15.	
 	

Counterparts	
 	

5
	

Section 16.	
 	

Conflicts	
 	

5
	

Section 17.	
 	

Liens and Security Interests	
 	

6
	

Exhibit A	
 	

Description of Land	
 	

 

 
 

ASSIGNMENT OF LEASE AND RENT AND SECURITY AGREEMENT

        THIS ASSIGNMENT OF LEASE AND RENT AND SECURITY AGREEMENT, dated as of June 15, 2003 (this  "Assignment"), made by CSL LEASING INC., a
Delaware corporation (the  "Lessor"), in favor of WILMINGTON TRUST COMPANY, a Delaware banking corporation, as Indenture Trustee
(in such capacity, the "Indenture Trustee"). 

WITNESSETH:

        WHEREAS, pursuant to the Participation Agreement dated as of even date herewith (as amended, supplemented, amended and restated or
otherwise modified from time to time, the "Participation Agreement"), among Sabre Inc., as Lessee (the  "Lessee"), Sabre Holdings Corporation, as Lessee
Guarantor (the "Lessee Guarantor"), the Lessor, the
institutional investors named as Purchasers on Schedule II to the Participation Agreement, and each other holder from time to time of the Notes, as Purchasers (herein, the  "Purchasers") and the
Indenture Trustee, the Participants have agreed to finance the acquisition of the Properties (as more particularly described
Exhibit A hereto; the "Properties"); 

        WHEREAS, pursuant to the Participation Agreement, the Purchasers have severally agreed to Purchase the Notes of the Lessor in an aggregate
amount not to exceed the aggregate Commitments of the Purchasers, upon the terms and subject to the conditions set forth in the Indenture (as defined in the Participation Agreement), to be evidenced
by the Notes issued by the Lessor under the Participation Agreement; 

        WHEREAS, it is a condition, among others, to the obligation of the Purchasers to purchase their Notes under the Participation Agreement
that the Lessor shall have executed and delivered, and the Lessee shall have consented to, this Assignment to the Indenture Trustee for the benefit of the Purchasers; and 

        WHEREAS, in order further to secure payment of all the amounts owing to the Purchasers under the Participation Agreement, the Notes and
the other Operative Documents, the Lessor has agreed to enter into, execute and deliver this Assignment; 

        NOW, THEREFORE, in consideration of the foregoing, the parties hereto agree as follows: 

 
 

SECTION 1. DEFINED TERMS.

        Capitalized
terms used but not otherwise defined in this Assignment shall have the respective meanings specified in Appendix A to the Participation Agreement; and the rules of
interpretation set forth in such Appendix A shall apply to this Assignment. 

 
 

SECTION 2. ASSIGNMENT.

        To
secure the obligations of the Lessor under the Participation Agreement and the other Operative Documents, the Lessor hereby, subject to the provisions of Article VI of the
Participation Agreement, conveys, pledges, grants, assigns, transfers and sets over to the Indenture Trustee, for the ratable benefit of the Purchasers, all the following described property relating
to or arising in connection with each Property, whether now owned or held or hereafter acquired: 

        (a)   except
as hereinafter provided, all of the estate, right, title, interest, benefits, powers and privileges of the Lessor (including the liens created thereunder) under
the Master Lease and the Lease Supplements, a memorandum of which is being recorded prior to this Assignment (hereinafter referred to, collectively, as the "Assigned
Leases") including: 

        (i)    the
immediate and continuing right to make claim for, receive, collect and receipt for all rents, income, revenues, issues, profits, insurance proceeds (including,
without limitation, the proceeds of the RVI Policy), condemnation awards, sales proceeds and other sums payable to or receivable by the Lessor under the Assigned Leases, or pursuant to any provisions
thereof, whether as rent or as the purchase price or termination payment for any interest in 

 

each
Property or otherwise (including, without limitation, Basic Rent, Supplemental Rent, the Lease Balance and any sales proceeds payable to the Lessor pursuant to the Assigned Leases) (collectively,
the "Lease Rents"), including all cash, securities or letters of credit delivered or deposited pursuant thereto to secure performance by the Lessee of
its obligations thereunder, and any interest of Lessor in the Account; provided that the Lease Rents shall be applied in accordance with Article VII of
the Participation Agreement, 

        (ii)   the
right and power (which right and power are coupled with an interest) upon the purchase by the Lessee of the interest of the Lessor in each Property in accordance
with the Assigned Leases to execute and deliver as irrevocable agent and attorney-in-fact of Lessor an appropriate instrument necessary to convey the interest of the Lessor therein, or to pay over or
assign to the Lessee those sums to which it is entitled if the Lessee becomes obligated to purchase the interest of the Lessor in each Property and to perform all other necessary or appropriate acts
as said agent and attorney-in-fact with respect to any such purchase and conveyance, 

        (iii)  the
right, on a non-exclusive basis, to receive all notices sent to the Lessor under the Assigned Leases, 

        (iv)  the
Lessor's interest under the Assigned Leases in the Lessee's tangible and intangible property used or arising in connection with each Property, including permits,
licenses, contract rights and prepaid expenses, 

        (v)   subject
to the terms of the Operative Documents and the consent of the Required Participants, the right to declare the Assigned Leases to be in default, to give notices
of any default thereunder and to exercise remedies or take actions under or with respect the Assigned Leases (including, without limitation, all foreclosure rights and power of sale rights) as shall
be permitted under any provisions of the Assigned Leases or by law or in equity; provided, that any amounts received pursuant to the exercise of any
such rights shall be applied in accordance with Article VII of the Participation Agreement; 

provided, however, that the Lessor shall retain and share with the Indenture Trustee the Shared Rights; 

        (b)   all
of the estate, right, title, interest, benefits, powers and privileges of the Lessor, to and under any subleases and all other agreements or contracts for the sale,
lease or other disposition of all or any part of each Property, now or hereafter entered into by, or assigned to, the Lessor (collectively, the  "Contracts"), together with all estate, right, title,
interest, benefits, powers and privileges of the Lessor under the Contracts including, without
limitation, the immediate and continuing right to make claim for, receive, collect and receipt for all charges, fees, income, issues, profits, receipts, rents, revenues or royalties payable under any
of the Contracts to the extent such right has been granted to the Lessor (collectively, the "Contract Rents" and, together with the Lease Rents, the  "Rents") and all right, title and interest of the Lessor thereunder, including all cash, securities or letters of credit deposited thereunder to secure
performance by the obligors of their obligations thereunder; provided, that any such amounts shall be applied in accordance with Article VII of the
Participation Agreement; 

        (c)   all
of the estate, right, title, interest, benefits, powers and privileges of the Lessor in and to all claims and rights to the payment of money at any time arising in
connection with any repudiation, rejection or breach of the Assigned Leases by the Lessee or a trustee or receiver of the Lessee under any insolvency statute, law or regulation, including, without
limitation, all rights to recover damages arising out of such breach or rejection, all rights to charges payable by the Lessee or such trustee or receiver in respect of each Property or any portions
thereof following rejection, repudiation or disaffirmance of the Assigned Leases or following the entry of an order 

2

 

for
relief under any insolvency statute, law or regulation in respect of the Lessee and all rentals and other charges outstanding under the Lease as of the date of entry of such order for relief;  provided,
that any such amounts shall be applied in accordance with Article VII of the Participation Agreement; and 

        (d)   all
proceeds of the foregoing. 

Notwithstanding
the foregoing provisions of this Section 2, the Lessor shall exclusively retain, and the assignments contemplated by this Section 2 shall in no event include, any Excepted Payments due
and payable to the Lessor, or any Excepted Rights, and shall be subject to the Shared Rights. Neither the Indenture Trustee nor the Purchasers shall be entitled to exercise any remedies hereunder or
under the Assigned Leases or take any action with respect to the Rents without the consent of the Required Participants (or all of the Participants to the extent required by Section 15.5 of the
Participation Agreement). Any attempt by the Indenture Trustee or any Purchaser to exercise remedies or take any other action in contravention of the previous sentence shall be null and void. 

 
 

SECTION 3. RECEIPT OF RENTS.

        The
Lessor hereby acknowledges and agrees that the Indenture Trustee will hold the Rents for the benefit of each of the Participants, and the Indenture Trustee will distribute the Rents
in accordance with Article VII of the Participation Agreement. 

 
 

SECTION 4. IRREVOCABILITY; SUPPLEMENTAL INSTRUMENTS.

        Each
of the Lessor and the Indenture Trustee agrees that this Assignment is irrevocable and that it will not take any action under the Assigned Leases as lessor or otherwise which is
inconsistent with this Assignment and that any action, assignment, designation or direction inconsistent herewith shall be void. The Lessor will execute and deliver from time to time all instruments
of further assurance and do
such further acts as may be necessary or proper to carry out more effectively the purpose of this Assignment. 

 
 

SECTION 5. VALIDITY.

        The
Lessor represents and warrants and covenants to the Indenture Trustee, for the ratable benefit of the Purchasers, that (a) the Lessor has not assigned or executed any assignment of,
and, except as expressly required under the Operative Documents, will not assign or execute any assignment of, its interest in any of the Assigned Leases, in any Contract, in any Rents or in any other
subject matter of this Assignment to anyone other than the Indenture Trustee and any assignment, designation or direction by the Lessor inconsistent herewith shall be void, and (b) the Lessor has not
done any act or executed any document (other than the Operative Documents) that impairs the rights of the Indenture Trustee to the Assigned Leases or the Rents (other than Excepted Payments payable to
the Lessor) under this Assignment. 

 
 

SECTION 6. LESSOR REMAINS LIABLE.

        While
the assignment made hereby is present, direct and continuing, it has been made for the purpose of providing the Purchasers with security for the performance of the obligations of
the Lessor under the Participation Agreement and the Notes and the execution and delivery hereof shall not impair or diminish in any way the obligations of the Lessor under the Assigned Leases, or
impose any of such obligations on the Indenture Trustee or any Purchaser. This Assignment shall not operate to cause the Indenture Trustee or any Purchaser to be regarded as a  "mortgagee in possession."
Neither the Indenture Trustee nor any Purchaser shall be responsible or liable for performing any of the obligations of the
Lessor under any of the Assigned Leases or any Contract, for any waste by the Lessee or any other Person, for any dangerous or defective conditions of any Property, for negligence 

3

 

in
the management, upkeep, repair or control of any Property or any other act or omission by any other Person. Nothing contained herein shall operate or be construed to (a) obligate the Indenture
Trustee or any Purchaser to assume the obligations of the Lessor under the Assigned Leases or any Contract, to perform any of the terms and conditions contained in the Assigned Leases or any Contract
or otherwise to impose any obligation upon the Indenture Trustee or any Purchaser with respect to the Assigned Leases or any Contract or (b) place upon the Indenture Trustee or any Purchaser any
responsibility for the operation, control, care, management or repair of any Property or any part thereof. Subject at all times to the terms and conditions of this Assignment, the Lessor will at all
times promptly and faithfully perform in all respects, or cause to be performed in all respects, all of its covenants, conditions and agreements contained in the Assigned Leases or any Contract now or
hereafter existing on the part of the Lessor to be kept and performed. 

 
 

SECTION 7. AMENDMENTS TO THE ASSIGNED LEASES.

        The
Lessor will not enter into any agreement subordinating, amending, extending or terminating the Assigned Leases except as provided in Section 15.5 of the Participation Agreement or as
required under any Operative Document, and any such attempted subordination, amendment, modification, extension or termination that is not required under any Operative Document and is made without
compliance with such Section 15.5 shall be void. If the Assigned Leases or any Contract shall be amended, it shall continue to be subject to the provisions hereof without the necessity of any further
act by any of the parties hereto. 

 
 

SECTION 8. TERMINATION OF THIS ASSIGNMENT.

        This
Assignment shall continue in full force and effect until all obligations, liabilities and indebtedness of any kind now or hereafter due to the Purchasers or the Indenture Trustee
from the Lessor or the Lessee under or with respect to the Participation Agreement or any of the other Operative Documents, or which are otherwise secured hereby, whether now existing or hereafter
arising or incurred, have been fully paid, performed and satisfied, at which time this Assignment will terminate. 

 
 

SECTION 9. ONGOING RIGHT TO COLLECT RENTS; RECEIVERS.

        If
notwithstanding the terms of this Assignment, a petition or order for sequestration of rents, or the appointment of a receiver or some similar judicial action or order is deemed
required under applicable state law to allow the Indenture Trustee to continue to collect the moneys described in Section 2 of this Assignment, then it is agreed by the Lessor that any proof of claim
or similar document filed by the Indenture Trustee in connection with the breach or rejection of the Assigned Leases by the Lessee or the trustee of the Lessee under any federal or state insolvency
statute shall for the purpose of perfecting the Indenture Trustee's rights conferred in said paragraphs be deemed to constitute action required under such state law. Upon the occurrence and during the
continuance of an Indenture Event of Default (not existing solely by virtue of a Lease Event of Default), the Lessor hereby consents to the appointment of a receiver for each Property as a matter of
right and without any requirement for notice to the Lessor and without regard to the solvency of the Lessor or to the collateral that may be available for the satisfaction of the Notes and all other
obligations under the Participation Agreement and the other Operative Documents. 

 
 

SECTION 10. AMENDMENT TO THIS ASSIGNMENT.

        This
Assignment may not be amended or otherwise modified except in accordance with the terms of the Participation Agreement. 

4

 

 
 

SECTION 11. NOTICES.

        All
notices, demands, requests, consents, approvals and other instruments under this Assignment shall be made in accordance with Section 15.3 of the Participation Agreement. 

 
 

SECTION 12. SUCCESSORS AND ASSIGNS.

        All
covenants, agreements, representations and warranties in this Assignment by the Lessor and the Indenture Trustee shall bind, and shall inure to the benefit of and be enforceable by,
their respective successors and permitted assigns, whether or not so expressed. 

 
 

SECTION 13. SEVERABILITY.

        If
any provision or provisions, or if any portion of any provision or provisions, in this Assignment is found by a court of law of competent jurisdiction to be in violation of any local,
state or federal ordinance, statute, law, administrative or judicial decision, or public policy, and if such court should declare such portion, provision or provisions to be illegal, invalid,
unlawful, void or unenforceable as written, then it is the intent of the parties hereto that such portion, provision or provisions shall be given force to the fullest possible extent that they are
legal, valid and enforceable, that the remainder of this Assignment shall be construed as if such illegal, invalid, unlawful, void or unenforceable portion, provision or provisions were not contained
therein, and that the rights, obligations and interests of the Lessor, the Indenture Trustee, the Purchasers and the Lessee under the remainder of this Assignment shall continue in full force and
effect. 

 
 

SECTION 14. GOVERNING LAW.

        THIS ASSIGNMENT AND THE RIGHTS AND OBLIGATIONS OF EACH PARTY TO THIS ASSIGNMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS
OF THE STATE OF NEW YORK, EXCEPT THAT THE CREATION AND PERFECTION OF THE LIEN CREATED BY THIS ASSIGNMENT AND THE RIGHTS AND REMEDIES OF THE LESSOR AND/OR THE INDENTURE TRUSTEE AS PROVIDED THEREIN
SHALL BE GOVERNED AND CONSTRUED BY THE LAWS OF THE STATE OF TEXAS WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS.

 
 

SECTION 15. COUNTERPARTS.

        This
Assignment may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one and the same instrument. 

 
 

SECTION 16. CONFLICTS.

        In
the event of any conflicts between the terms and provisions hereof and the terms and provisions of the other Operative Documents, the terms and provisions of the other Operative
Documents shall be controlling. 

5

 

 
 

SECTION 17. LIENS AND SECURITY INTERESTS.

        The
Lessor further intends and agrees that, for the purpose of securing the payment of all the amounts owing to the Purchasers under the Operative Documents, (i) this Assignment shall
also be deemed to be a security agreement and financing statement within the meaning of Chapter 9 of the Texas Uniform Commercial Code; (ii) the assignment provided for in Section 2 shall be deemed to
be a grant by the Lessor to the Indenture Trustee for the benefit of the Purchasers, and the Lessor does hereby grant to the Indenture Trustee for the benefit of the Purchasers, a security interest in
all of the right, title and interest of the Lessor in and to the items included in the assignment contemplated in Section 2 to the
Indenture Trustee for the benefit of the Purchasers to secure the Notes, together with interest thereon, and all other amounts payable under the Operative Documents in connection therewith; (iii) the
possession by the Indenture Trustee or any of its agents of notes and such other items of property as constitute instruments, money, negotiable documents, goods or tangible chattel paper shall be
deemed to be "perfection by possession" for purposes of perfecting the security interest pursuant to Section 9.313 of the Texas Uniform Commercial Code and the Lessor hereby acknowledges that it holds
possession of such instruments, money, negotiable documents, goods or tangible chattel paper for the benefit of the Lessor and the Purchasers pursuant to Section 9.313(c)(1) of the Texas Uniform
Commercial Code; and (iv) notifications to Persons holding such property, and acknowledgments, receipts or confirmations from financial intermediaries, bankers or agents (as applicable) of the Lessor
shall be deemed to have been given for the purpose of perfecting such security interest under any Requirement of Law. The Lessor (at the Lessee's sole cost and expense) and the Lessee shall, to the
extent consistent with the Operative Documents, take such actions and execute, deliver, file and record such other documents, financing statements, mortgages and deeds of trust as may be necessary to
ensure that, if this Assignment was deemed to create a security interest in the items described in Section 2 in accordance with this Section, such security interest would be deemed to be a perfected
security interest and will be maintained as such throughout the Lease Term. 

[Remainder of Page Intentionally Left Blank]

6

 

        IN WITNESS WHEREOF, the Lessor has caused this Assignment to be duly executed as of the day and year first above written. 

	 	 	 	 	CSL LEASING INC., as Lessor
	

 	
 	

 	
 	

By:	
 	

  

	 	 	 	 	Name	 	  

	 	 	 	 	Title:	 	  

	

Acknowledged and accepted this

             day of June, 2003	
 	

 	
 	

 
	
WILMINGTON TRUST COMPANY

as Indenture Trustee	
 	

 	
 	

 
	

By:	
 	

  
	
 	

 	
 	

 
	Name	 	  
	 	 	 	 
	Title:	 	  
	 	 	 	 

7

	STATE OF TEXAS	 	)	 	 
	 	 	)	 	SS
	COUNTY OF                         	 	)	 	 

        This
instrument was acknowledged before me on this the            day of June, 2003, by
[                        ], the
[                        ] of  CSL LEASING INC., a Delaware corporation, on behalf of said
corporation. 

	(SEAL)	 	  

	 	 	    Notary Public, State of                         

    My Commission expires:                     
	 	 	  
 (TYPE OR PRINT NAME)

 
 

CONSENT OF LESSEE TO ASSIGNMENT OF LEASE AND RENT AND SECURITY AGREEMENT    
    

CONSENT AND ACKNOWLEDGMENT BY LESSEE

        The
undersigned hereby acknowledges receipt of a copy of, and consents to, the foregoing Assignment of Lease and Rent and Security Agreement dated as of June 15, 2003. 

        The
foregoing is furnished for good and valuable consideration the receipt and sufficiency of which are hereby acknowledged by the undersigned, and the undersigned understands and
intends that the Indenture Trustee and the Purchasers will rely on the foregoing and that the undersigned will be legally bound by the foregoing. This Consent and Acknowledgment shall inure to the
benefit of the Indenture Trustee, the Purchasers and their respective successors and permitted assigns. 

        IN WITNESS WHEREOF, the undersigned has executed and delivered this Consent and Acknowledgment as of June 15, 2003 pursuant to proper
authority duly granted. 

	 	 	SABRE INC.
	

 	
 	

By:	
 	

	 	 	 	 	Name:	 	  

	 	 	 	 	Title:	 	  

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Exhibit 10.1(e)

TABLE OF CONTENTS

ASSIGNMENT OF LEASE AND RENT AND SECURITY AGREEMENT

SECTION 1. DEFINED TERMS.

SECTION 2. ASSIGNMENT.

SECTION 3. RECEIPT OF RENTS.

SECTION 4. IRREVOCABILITY; SUPPLEMENTAL INSTRUMENTS.

SECTION 5. VALIDITY.

SECTION 6. LESSOR REMAINS LIABLE.

SECTION 7. AMENDMENTS TO THE ASSIGNED LEASES.

SECTION 8. TERMINATION OF THIS ASSIGNMENT.

SECTION 9. ONGOING RIGHT TO COLLECT RENTS; RECEIVERS.

SECTION 10. AMENDMENT TO THIS ASSIGNMENT.

SECTION 11. NOTICES.

SECTION 12. SUCCESSORS AND ASSIGNS.

SECTION 13. SEVERABILITY.

SECTION 14. GOVERNING LAW.

SECTION 15. COUNTERPARTS.

SECTION 16. CONFLICTS.

SECTION 17. LIENS AND SECURITY INTERESTS.

CONSENT OF LESSEE TO ASSIGNMENT OF LEASE AND RENT AND SECURITY AGREEMENTQuickLinks
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Exhibit 10.1(f)    
    

DEED OF TRUST AND SECURITY AGREEMENT

WITH ASSIGNMENT OF RENTS

Dated as of June 15, 2003 

FROM

CSL LEASING INC., as Grantor 

AND

SABRE INC., as Grantor 

TO

JEFFREY A. RATTIKIN,

as Deed of Trust Trustee 

For
the Benefit of 

WILMINGTON TRUST COMPANY, as Indenture Trustee 

 
 

DEED OF TRUST AND SECURITY AGREEMENT WITH
  ASSIGNMENT OF RENTS    
    

        THIS DEED OF TRUST AND SECURITY AGREEMENT WITH ASSIGNMENT OF RENTS (this "Deed of
Trust") dated as of June 15, 2003 from (a) CSL LEASING INC., a Delaware corporation, with its principal place of business and mailing address at c/o J.P. Morgan Services, Inc.,
500 Stanton Christiana Road, Newark, DE 19713-2107 (hereinafter referred to as the "Lessor"), as grantor, and (b) SABRE INC., a Delaware corporation,
with its principal place of business at 3150 Sabre Drive, Southlake, Texas 76092 (hereinafter referred to as the "Lessee") as grantor, to JEFFREY A.
RATTIKIN, as trustee (together with his successors and assigns in trust, the "Deed of Trust Trustee") having his principal office at Rattikin &
Rattikin, LLP, 201 Main Street, Suite 800, Fort Worth, TX 76102, for the use and benefit of WILMINGTON TRUST COMPANY, a Delaware banking corporation, as
Indenture Trustee (as defined in the below defined Participation Agreement), with its mailing address at 1100 North Market Street, Wilmington, Delaware 19890 (hereinafter referred to as the  "Indenture Trustee"; the Indenture Trustee, acting as such indenture trustee and any successor to Indenture Trustee in such capacity being hereinafter
referred to as "Beneficiary"). For all purposes hereof, the capitalized terms used herein and not otherwise defined herein shall have the meanings
assigned thereto in Appendix A to the Participation Agreement referred to below; and the rules of interpretation set forth in Appendix A to the Participation Agreement shall apply to this Deed of
Trust. 

 
 

WITNESSETH:    
    

        WHEREAS, the Lessee, Sabre Holdings Corporation, a Delaware corporation (the "Lessee
Guarantor"), the Lessor, the institutional investors named on schedule II thereto as Purchasers and each other holder from time to time of the Notes, as Purchasers (herein, the  "Purchasers"), and the Indenture Trustee have entered into that certain Participation Agreement dated as of even date herewith (the  "Participation Agreement") and are
entering into the other Operative Documents (as defined in the Participation Agreement) for the purpose of providing
financing for the acquisition of the Property. 

        WHEREAS, pursuant to the terms and conditions of the Participation Agreement and the other Operative Documents, the Purchasers are willing
to purchase Notes of the Lessor to provide the Lessor a portion of the funding costs for the acquisition of the Properties and any Improvements thereon. 

        WHEREAS, to secure the repayment of the Notes, the Indenture Trustee, on behalf of the Purchasers, will have, the benefit of (i) an
assignment of the Lessor's Lien on the Property and the other Collateral, (ii) a Lien on the Lessor's interest (a) under the Lease (including the Rent payable thereunder) and (b) in and to the
Mortgaged Property, and (iii) a Lien on Lessee's interest in and to the Mortgaged Property. 

        NOW, THEREFORE, to secure (i) the payment of the principal and Make-Whole Amount, if any, of and interest on the Notes as and when the
same become due and payable (whether by lapse of time, acceleration or otherwise) and all advances now or hereafter evidenced thereby, (ii) the obligation of the Lessee to pay all Basic Rent and
Supplemental Rent and other amounts pursuant to the Lease or the Participation Agreement, (iii) the payment of all other indebtedness, obligations and liabilities which this Deed of Trust secures
pursuant to any of its terms, (iv) the observance and performance of all covenants and agreements of the Lessor and the Lessee contained herein or in the Participation Agreement or in any other
instrument or document at any time evidencing or securing any of the foregoing or setting forth terms and conditions applicable thereto and (v) all amounts owing to the Purchasers under the other
Operative Documents (all of such indebtedness, obligations and liabilities being hereinafter collectively referred to as the "Indebtedness Hereby
Secured"), each of the Lessor and the Lessee does hereby grant, warrant, bargain, sell, convey, demise, assign, transfer, set over and pledge unto the Deed of Trust Trustee,
its successors and assigns, IN TRUST, WITH POWER OF SALE, for the benefit of the Beneficiary and grant to the Beneficiary, its successors and assigns, a
continuing security interest in, all and singular the properties, rights, interests and privileges described in Granting 

 

Clauses
I, II, III, IV, V, VI and VII below, all of the same being collectively referred to herein as the "Mortgaged Property" or sometimes as the  "Property":

 
 

GRANTING CLAUSE I    
    

        All of the Lessor's and the Lessee's respective right, title and interest in and to that certain real estate lying and being in the City of Southlake, Counties of
Tarrant and Denton, in the State of Texas (the "State") more particularly described in Exhibit A
attached hereto and made a part hereof. 

 
 

GRANTING CLAUSE II    
    

        All buildings and improvements of every kind and description heretofore or hereafter erected or placed on the property described in Granting Clause I and all
materials intended for construction, reconstruction, alteration and repairs of the buildings and improvements now or hereafter erected thereon, all of which materials shall be deemed to be included
within the premises immediately upon the delivery thereof to the said real estate, and the respective right, title and interest of the Lessor and
the Lessee, now owned or hereafter acquired, in or to all fixtures, machinery, apparatus, equipment, fittings and articles of personal property of every kind and nature whatsoever now or hereafter
attached to or contained in or used in connection with said real estate and the buildings and improvements now or hereafter located thereon and the operation, maintenance and protection thereof, all
communication and electronic monitoring equipment, and all other machinery and equipment of every nature and fixtures and appurtenances thereto and all items of furniture, appliances, equipment and
personal property used in the operation, maintenance and protection of the said real estate and the buildings and improvements now or hereafter located thereon and all renewals or replacements thereof
or articles in substitution therefor, whether or not the same are or shall be attached to said real estate, buildings or improvements in any manner, and all proceeds thereof; it being mutually agreed,
intended and declared that all the aforesaid property shall, so far as permitted by law, be deemed to form a part and parcel of the real estate and, for the purpose of this Deed of Trust, to be real
estate and covered by this Deed of Trust; and as to the balance of the property aforesaid, this Deed of Trust is hereby deemed to be as well a security agreement under the provisions of the Texas
Uniform Commercial Code for the purpose of creating hereby a security interest in said property, which is hereby granted by the Lessor and the Lessee as debtors to the Beneficiary as secured party,
securing the Indebtedness Hereby Secured. The addresses of the Lessor (debtor), the Lessee (debtor) and the Beneficiary (secured party) appear at the beginning hereof. 

 
 

GRANTING CLAUSE III    
    

        All right, title and interest of the Lessor and the Lessee now owned or hereafter acquired in and to all and singular the estates, tenements, hereditaments,
privileges, easements, licenses, leases (including, without limitation the Lease evidenced by that certain Lease Supplement recorded on the date this Deed of Trust is recorded and dated of even date
herewith) franchises and appurtenances belonging or in any way appertaining to the property described in the preceding Granting Clause I and the buildings and improvements now or hereafter located
thereon and the reversions, rents, issues, revenues and profits thereof, including all interest of the Lessor and the Lessee in all rents, issues and profits of the aforementioned property and all
rents, issues, profits, revenues, royalties, bonuses, rights and benefits due, payable or accruing (including all deposits of money as advanced rent or for security) under any and all leases or
subleases and renewals thereof, or under any contracts or options for the sale of all or any part of, said property (including during any period allowed by law for the redemption of said property
after any foreclosure or other sale), together with the right, but not the obligation, to collect, receive and receipt for all such rents and other sums and apply them to the Indebtedness Hereby
Secured and to demand, sue for and recover the same when due or payable; provided that the assignments made hereby shall not impair or diminish the obligations of the Lessor and the Lessee 

2

 

under
the provisions of such leases or other agreements nor shall such obligations be imposed upon the Beneficiary. 

 
 

GRANTING CLAUSE IV    
    

        All judgments, awards of damages, settlements and other compensation heretofore or hereafter made resulting from condemnation proceedings or the taking of the
property described in Granting Clause I or any part thereof or any building or other improvement now or at any time hereafter located thereon or any easement or other appurtenance thereto under the
power of eminent domain, or any similar power or right (including any award from the United States Government at any time after the allowance of the claim therefor, the ascertainment of the amount
thereof and the issuance of the warrant for the payment thereof), whether permanent or temporary, or for any damage (whether caused by such taking or otherwise) to said property or any part thereof or
the improvements thereon or any part thereof, or to any rights appurtenant thereto, including severance and consequential damage, and any award for change of grade of streets (collectively,  "Condemnation
Awards"). 

 
 

GRANTING CLAUSE V    
    

        All property and rights, if any, which are by the express provisions of this Deed of Trust required to be subjected to the lien hereof and any additional property
and rights that may from time to time hereafter, by installation or writing of any kind, be subjected to the lien hereof by the Lessor and the Lessee or by anyone on the Lessor's or the Lessee's
behalf. 

 
 

GRANTING CLAUSE VI    
    

        All rights in and to common areas and access roads on adjacent properties heretofore or hereafter granted to the Lessor or the Lessee and any after-acquired title
or reversion in and to the beds of any ways, roads, streets, avenues and alleys adjoining the property described in Granting Clause I or any part thereof. 

 
 

GRANTING CLAUSE VII    
    

        All proceeds of the conversion, voluntary or involuntary, of any of the foregoing into cash or other liquidated claims, including, without limitation, all
proceeds of insurance. 

        TO HAVE AND TO HOLD the Mortgaged Property unto the Deed of Trust Trustee and his successors in trust and assigns  IN TRUST, WITH POWER OF SALE, and the properties, rights and
privileges hereby granted, warranted, pledged, bargained, sold, conveyed, demised,
bargained, pledged and assigned, and in which a security interest is granted, or intended so to be, unto the Beneficiary, its successors and assigns, forever; 

        BUT IN TRUST NEVERTHELESS, upon the terms and trust herein set forth, for the equal and proportionate benefit, security and protectiveness
of all present and future Purchasers and any other Indebtedness Hereby Secured; provided, however, that this Deed of Trust is upon the express condition
that if the principal of, Make-Whole Amount, if any, and interest on the Notes and all sums from time to time advanced thereon shall be paid in full and all other Indebtedness Hereby Secured shall be
fully paid and performed and any commitment contained in the Indenture or the Participation Agreement to extend credit thereunder shall have terminated, then this Deed of Trust and the estate and
rights hereby granted shall cease, determine and be void and this Deed of Trust shall be released by the Deed of Trust Trustee upon the written request and at the expense of the Lessor or the Lessee,
otherwise to remain in full force and effect. 

3

 

        The
Lessor and the Lessee hereby covenant and agree with the Beneficiary as follows: 

        1.    Payment of the Indebtedness.    Subject at all times to terms and limitations set forth in Section 15.10 of the
Participation Agreement, the Indebtedness Hereby Secured will be promptly paid as and when the same becomes due in accordance with the terms of the Participation Agreement, the Indenture and this Deed
of Trust, as applicable. 

        2.    Further Assurances.    Both the Lessor and the Lessee will execute and deliver such further instruments and do
such further acts as may be necessary or proper to carry out more effectively the purpose of this Deed of Trust and, without limiting the foregoing, to make subject to the lien hereof any property
agreed to be subjected hereto or covered by the Granting Clauses hereof or intended so to be. 

        3.    Authority.    Each of the Lessor and the Lessee covenants and warrants that it has full power and authority to
convey, transfer and grant the Mortgaged Property to the Deed of Trust Trustee (for the benefit of the Beneficiary) for the uses and purposes set forth in this Deed of Trust. 

        4.    Possession.    Provided no Event of Default has occurred hereunder, each of the Lessor and the Lessee shall be
suffered and permitted to remain in full possession, enjoyment and control of the Mortgaged Property, subject always to the observance and performance of the terms of this Deed of Trust. 

        5.    Recordation and Payment of Taxes and Expenses Incident Thereto.    The Lessor and the Lessee will cause this
Deed of Trust, all deeds of trust supplemental hereto and any financing statement or other notice of a security interest required by the Deed of Trust Trustee or the Beneficiary at all times to be
kept, recorded and filed (at the Lessee's expense) in such manner and in such places as may be required by law for the recording and filing or for the rerecording and refiling of a mortgage, security
interest, assignment or other lien or charge upon the Mortgaged Property, or any part thereof, in order fully to preserve and protect the rights of the Deed of Trust Trustee and the Beneficiary
hereunder and, without limiting the foregoing, the Lessee will pay or reimburse the Deed of Trust Trustee or the Beneficiary, as the case may be, for the payment of any and all taxes, fees or other
charges incurred in connection with any such recordation or rerecordation, including any documentary stamp tax or tax imposed upon the privilege of having this Deed of Trust or any instrument issued
pursuant hereto recorded. 

        6.    Liens and Encumbrances.    Each of the Lessor and the Lessee will not, without the prior written consent of the
Beneficiary, directly or indirectly, create or suffer to be created or to remain and will discharge or promptly cause to be discharged any Lessor Lien (other than Permitted Property Liens and the
Lessor Mortgage). 

        7.    Right of Beneficiary or any Purchaser to Perform the Lessor's Covenants, Etc.    If the Lessor or the Lessee
shall fail to make any payment or perform any act required to be made or performed hereunder, the Beneficiary or any Purchaser, without waiving or releasing any obligation or default, may (but shall
be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of the Lessee, and may enter upon the Property or any part thereof for such
purpose and take all such action thereon as, in the reasonable opinion of the Beneficiary or such Purchaser, may be necessary or appropriate therefor. All sums so paid by the Beneficiary or any
Purchaser and all costs and expenses (including, without limitation, reasonable attorneys' fees and expenses) so incurred, together with interest thereon from the date of payment or incurrence at the
Overdue Rate, shall constitute so much additional Indebtedness Hereby Secured and shall be paid by the Lessee on demand to the party who made such payment for its account. The Beneficiary or any
Purchaser in making any payment authorized under this Section relating to taxes or assessments may do so according to any bill, statement or estimate procured from the appropriate public office and
reasonably believed by it to be valid, without inquiry into the accuracy of such bill, 

4

 

statement
or estimate or into the validity of any tax assessment, sale, forfeiture, tax lien or title or claim thereof. 

        8.    After-Acquired Property.    Except as otherwise permitted under the Participation Agreement, any and all
property hereafter acquired which is of the kind or nature herein provided, or intended under the Granting Clauses to be and become subject to the lien hereof, shall ipso
facto, and without any further conveyance, assignment or act on the part of the Lessor or the Lessee, become and be subject to the lien of this Deed of Trust as fully and
completely as though specifically described herein; but nevertheless the Lessor and the Lessee shall from time to time, if requested by the Beneficiary, execute and deliver any and all such further
assurances, conveyances and assignments as the Beneficiary may
reasonably require for the purpose of expressly and specifically subjecting to the lien of this Deed of Trust all such property. 

        9.    Inspection by Beneficiary.    The Beneficiary, any Purchaser and any participant in the Indebtedness Hereby
Secured and their agents shall have the right to inspect the Mortgaged Property at all reasonable times, and reasonable access thereto shall be permitted for that purpose, subject to security
clearances and other similar applicable requirements of governmental authorities. 

        10.    Subrogation.    The Lessor and the Lessee acknowledge and agree that the Deed of Trust Trustee and the
Beneficiary shall be subrogated to any lien discharged out of the proceeds of the Notes or out of any advance by the Beneficiary hereunder, irrespective of whether or not any such lien may have been
released of record. 

        11.    Events of Default.    The occurrence of any event or the existence of any condition specified as an  "Event of Default" under
the Indenture shall constitute an "Event of Default" hereunder. 

        12.    Remedies.    When any Event of Default has occurred (regardless of the pendency of any bankruptcy or other
similar proceeding which has or might have the effect of preventing the Beneficiary from exercising any of its rights or remedies under this Deed of Trust, the Lease, the Participation Agreement, the
Indenture or any of the other Operative Documents or of the adequacy of the security for the Indebtedness Hereby Secured) and during the continuance thereof and in addition to such other rights as may
be available under applicable law, but subject at all times to any mandatory legal requirements: 

        (a)   Acceleration. The Beneficiary may, by written notice to the Lessor and the Lessee, declare all unpaid Indebtedness Hereby
Secured, including any interest then accrued thereon, to be forthwith due and payable, whereupon the same shall become and be forthwith due and payable, without other notice or demand of any kind.
Except as expressly provided herein, each of the Lessor and the Lessee hereby expressly waives presentment, demand, protest, notice of protest, notice of acceleration, notice of intention to
accelerate and all other notices of any kind. 

        (b)   Mortgage Foreclosure Act. The Deed of Trust Trustee and the Beneficiary shall be entitled to all of the rights and
benefits conferred to a deed of trust trustee or a beneficiary of a deed of trust under the laws of the State of Texas, including, without limitation, all rights granted a trustee or beneficiary under
Chapter 51.002—51.006 et seq. of the Texas Property Code, as amended (collectively, the "Mortgage Foreclosure
Act"). 

        (c)   POWER OF SALE; WAIVER OF NOTICE AND HEARING ON FORECLOSURE. WAIVER: EACH OF THE LESSOR AND THE
LESSEE ACKNOWLEDGES AND AGREES THAT IF IT DEFAULTS, A NON-JUDICIAL FORECLOSURE SALE OF THE MORTGAGED PROPERTY, IF PERMITTED BY APPLICABLE LAW, MAY BE CONDUCTED WITHOUT A HEARING OF ANY KIND AND
WITHOUT NOTICE BEYOND THE PUBLICATION AND POSTING OF THE NOTICE OF SALE AS REQUIRED BY LAW. EACH OF THE LESSOR AND THE LESSEE HEREBY WAIVES TO THE EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHTS IT MAY
HAVE TO ANY SUCH HEARING AND NOTICE.

5

 

        Without
limiting the generality of the foregoing, the Beneficiary (or to the extent required by law, the Deed of Trust Trustee) may, if at the time such action may be lawful, and always
subject to compliance with any mandatory legal requirements, direct the Deed of Trust Trustee to enforce its trust and to sell the Mortgaged Property, as an entirety or in parcels, by one sale or by
several sales, held at one time or at different times, all as the trustee acting pursuant to such direction may elect, each sale to be held at the location within the county courthouse designated for
the holding of non-judicial foreclosure sales by the Commissioners Court of any county in which a part of the Mortgaged Property constituting real property to be sold is situated (or if no area has
been so designated, then in an area within said courthouse described in the notice referred to below in this section and to be made on the first Tuesday of some month between the hours of 10:00 a.m.
and 4:00 p.m. to the highest bidder for cash at public venue, after the Deed of Trust Trustee (or a person or persons selected by the Deed of Trust Trustee) and the Beneficiary shall have given
notices of the proposed sale in the manner hereinafter set forth, and to make due conveyance to the purchaser or purchasers, with special warranty of title or no warranty of title to such purchaser or
purchasers binding upon the Lessor, the Lessee and their respective successors and assigns. Such sale must begin at the time stated in the notice referred to below in this section or not later than
three hours after that time. Both the Lessor and the Lessee, each, for itself, its successors and assigns, and for anyone who may claim by, through or under the Lessor or the Lessee, hereby expressly
and specifically waives all rights to a marshaling of the assets of the Lessor and the Lessee, including the Mortgaged Property, or to a sale in inverse order of alienation. 

        The
Deed of Trust Trustee (or a person or persons selected by the Deed of Trust Trustee) shall give notice of each such proposed sale by posting written notice of the time, place and
terms of sale at the courthouse door, and by filing a copy of such written notice in the office of the county clerk, of the county in which the sale is to be made at least twenty-one (21) days
preceding the date of the sale. In addition to the foregoing notice or notices to be posted and filed by the Deed of Trust Trustee (or a person or persons selected by the Deed of Trust Trustee), the
Beneficiary shall at least twenty-one (21) days preceding the date of sale, serve or cause to be served written notice of the proposed sale by certified mail on each debtor obligated to pay and
perform any of the Indebtedness Hereby Secured according to the records of the Beneficiary. The service of such notice shall be completed five (5) days after the deposit of the notice, enclosed in a
postpaid wrapper, properly addressed to each such debtor at the most recent address (which shall be within the United States of America) as shown by the records of the Beneficiary, in a post office or
official depository under the care and custody of the United States Postal Service. The affidavit of any person having knowledge of the facts to the effect that such service was completed shall be  prima facie evidence of the fact of service. In this respect and to the full extent it may legally do so, the Lessor and the Lessee each also expressly
covenants, stipulates, and agrees (as to itself) that: (i) the address of the Lessor and the Lessee set out in the first paragraph hereof shall be deemed and considered conclusively to be and remain
at all times the most recent address of all debtors obligated to pay or perform the Indebtedness Hereby Secured as shown by the records of the Beneficiary, provided
that such address may be changed to some other address within the United States of America from time to time only by express written notice of change thereof signed by the
Lessor or the Lessee, as applicable, and actually delivered to and received by the Beneficiary and setting forth a new address which shall be within the United States of America and which shall be
deemed and considered conclusively to be and remain at all times thereafter the recent address of the Lessor or the Lessee as shown by the records of the Beneficiary until changed in the manner herein
provided, (ii) the records of the Beneficiary shall not be deemed to reflect any change in the name or identity of the Lessor or the Lessee (to whom notice of a proposed sale shall be required to be
mailed as provided for above) unless and until express written notice of such change signed by the Lessor or the Lessee shall have been actually delivered to and received by the Beneficiary and (iii)
no notice of such sale or sales other than the notices 

6

 

hereinabove
provided shall be required to be given to the Lessor or the Lessee (or anyone who may claim by, through or under the Lessor or the Lessee) or any other persons and any other notice
(including, without limitation, any notice of acceleration of, or intent to accelerate, the unpaid Lease Balance) is expressly waived. 

        The
provisions of this section with respect to posting, serving, filing and giving notices of sale are intended to comply with the provisions of Section 51.002 of the Property Code of
the State of Texas (such Section 51.002 being referred to as the "Subject Statute"). In the event the requirement for any notice, or the posting,
serving, filing or giving thereof, under the Subject Statute shall be eliminated or the prescribed manner of posting, serving, filing or giving same is modified by future amendment to the Subject
Statute, the requirement for such particular notice shall be stricken from, or the manner of posting, serving, filing or giving any notice hereunder modified in, this Deed of Trust in conformity with
such amendment. The manner herein prescribed for posting, serving, filing or giving any notice, other than that to be posted and filed or caused to be posted or filed by the Deed of Trust Trustee,
shall not be deemed exclusive but such notice or notices may be posted, served, filed or given in any other manner which may be permitted by applicable law. Further, in relation to this Deed of Trust
and the exercise of any power of sale by the Deed of Trust Trustee hereunder, if the Subject Statute shall be amended or modified to require any other notice or the posting, filing, serving or giving
thereof or any
statute hereafter enacted shall require any other notice or the posting, filing, serving or giving thereof, the Deed of Trust Trustee or the person selected by him is hereby authorized and empowered
by the Lessee and the Lessor to give such notice or make such posting, filing, serving or giving thereof; provided however, each of the Lessor and the
Lessee waives such other notice or the posting, filing, service or giving thereof to the full extent the Lessor may lawfully so do. Any provisions of this paragraph, or any amendments to or
modifications of the Subject Statute to the contrary notwithstanding, the time periods provided for in the immediately preceding paragraph in respect of which the notices provided for in said
paragraph are to be given shall not be shortened or eliminated as a result of any such amendment or modification. 

        In
addition to any other remedies granted in this Deed of Trust to the Beneficiary or the Deed of Trust Trustee (including specifically, but not limited to, the right to proceed against
all the Mortgaged Property in accordance with the rights and remedies in respect to those portions of the Mortgaged Property which are real property pursuant to Section 9.604(a) of the Uniform
Commercial Code, the Beneficiary may proceed under the Uniform Commercial Code as to all or any part of the personal property (tangible or intangible) and fixtures included with the Mortgaged Property
(such portion of the Mortgaged Property being referred to herein as the "Personalty") and shall have and may exercise with respect to the Personalty all
the rights, remedies and powers of a secured party under the Uniform Commercial Code, including, without limitation, the right and power to sell, at one or more public or private sales, or otherwise
dispose of, lease or utilize the Personalty and any part or parts thereof in any manner authorized or permitted under the Uniform Commercial Code after default by a debtor, and to apply the proceeds
thereof toward payment of any costs and expenses and attorney's fees and legal expenses thereby incurred by the Beneficiary, and toward payment of the Subject Obligations in such order or manner as
provided herein. Any requirement of said Code for reasonable notification shall be met by mailing written notice to each of the Lessee and the Lessor at their respective addresses set forth in the
first paragraph hereof at least ten (10) days prior to the sale or other event for which such notice is required. 

        Each
of the Lessor and the Lessee waives and surrenders for itself and all persons or entities claiming by, through, and under it, including creditors of all kinds: (A) any right and
privilege which it or any of them has under any present or future constitution, statute, or rule of law to redeem the Property, or to have a continuance of this Deed of Trust for the Lease Term after 

7

 

termination
of the Lessor's or the Lessee's right of occupancy by order or judgment of any court or by any legal process or writ, or under the terms of this Deed of Trust, (B) the benefits of any
present or future constitution, statute, or rule of law that exempts property from liability for debt or for distress for Rent, (C) any provision of law relating to notice or delay in levy of
execution in case of eviction of a tenant for nonpayment of Rent and (D) any rights, privileges and liens set out under Sections 91.004 and 93.003 of the Texas Property Code (as amended). 

        (d)   Appointment of Receiver. The Deed of Trust Trustee or the Beneficiary shall, as a matter of right, without notice and
without giving bond to the Lessor, the Lessee or anyone claiming by, under or through it, and without regard to the solvency or insolvency of the Lessor, the Lessee or the then value of the Mortgaged
Property, be entitled to have a receiver appointed of all of the Mortgaged Property
and the rents, issues and profits thereof, with such power as the court making such appointment shall confer, and the Lessor and the Lessee each hereby consents to the appointment of such receiver and
shall not oppose any such appointment. Any such receiver may, to the extent permitted under applicable law, without notice, enter upon and take possession of the Mortgaged Property by force, summary
proceedings, ejectment or otherwise, and may remove the Lessor, the Lessee or other persons and any and all property therefrom, and may hold, operate and manage the same and receive all earnings,
income, rents, issues and proceeds accruing with respect thereto or any part thereof, whether during the pendency of any foreclosure or until any right of redemption shall expire or otherwise. 

        (e)   Taking Possession, Collecting Rents, Etc. The Deed of Trust Trustee or the Beneficiary or their agent may enter and take
possession of the Mortgaged Property and manage, operate, insure, repair and improve the same and take any action which, in the Deed of Trust Trustee's or the Beneficiary's judgment, is necessary or
proper to conserve the value of the Mortgaged Property. The Deed of Trust Trustee or the Beneficiary may also take possession of, and for these purposes use, any and all personal property contained in
the Mortgaged Property and used in the operation, rental or leasing thereof or any part thereof. The Deed of Trust Trustee or the Beneficiary or their agent shall be entitled to collect and receive
all earnings, revenues, rents, issues and profits of the Mortgaged Property or any part thereof (and for such purpose the Lessor and the Lessee each does hereby irrevocably constitute and appoint the
Deed of Trust Trustee and the Beneficiary its true and lawful attorneys-in-fact for it and in its name, place and stead to receive, collect and receipt for all of the foregoing, each of the Lessor and
the Lessee irrevocably acknowledging that any payment made to the Deed of Trust Trustee or the Beneficiary hereunder shall be a good receipt and acquittance against the Lessor and the Lessee to the
extent so made) and to apply same to the reduction of the Indebtedness Hereby Secured. The right to enter and take possession of the Mortgaged Property and use any personal property therein, to
manage, operate and conserve the same, and to collect the rents, issues and profits thereof, shall be in addition to all other rights or remedies of the Deed of Trust Trustee or the Beneficiary
hereunder or afforded by law, and may be exercised concurrently therewith or independently thereof. The expenses (including any receiver's fees, counsels' fees, costs and the Deed of Trust Trustee's
or agent's compensation) incurred pursuant to the powers herein contained shall be so much additional Indebtedness Hereby Secured which the Lessee promises to pay upon demand together with interest at
the Overdue Rate. Neither the Deed of Trust Trustee nor the Beneficiary shall be liable to account to the Lessor or the Lessee for any action taken pursuant hereto other than to account for any rents
actually received by the Deed of Trust Trustee or the Beneficiary. Without taking possession of the Mortgaged Property, the Deed of Trust Trustee or the Beneficiary may, in the event the Mortgaged
Property becomes vacant or is abandoned, take such steps as it deems appropriate to protect and secure the Mortgaged Property (including hiring watchmen therefor) and all costs incurred in so doing
shall constitute so much additional Indebtedness Hereby Secured payable upon demand with interest thereon at the Overdue Rate. 

8

 

        13.    Waiver of Right to Redeem From Sale—Waiver of Appraisement, Valuation, Etc.    To the extent
permitted by applicable law, the Lessor and the Lessee shall not and will not apply for or avail itself of any appraisement, valuation, stay, extension or exemption laws, or any so-called  "Moratorium Laws," now existing or hereafter enacted in order to prevent or hinder the enforcement or foreclosure of this Deed of Trust, but hereby
waives the benefit of such laws. To the extent permitted by applicable law, the Lessor and the Lessee, each for itself and all who may claim through or under it waives any
and all right to have the property and estates comprising the Mortgaged Property marshalled upon any foreclosure of the lien hereof and agrees that any court having jurisdiction to foreclose such lien
may order the Mortgaged Property sold as an entirety. In the event of any sale made under or by virtue of this Deed of Trust, the whole of the Mortgaged Property may be sold in one parcel as an
entirety or in separate lots or parcels at the same or different times, all as the Beneficiary may determine. The Beneficiary or any Purchaser shall have the right to become the purchaser at any sale
made under or by virtue of this Deed of Trust and the Beneficiary or any Purchaser so purchasing at any such sale shall have the right to be credited upon the amount of the bid made therefor by the
Beneficiary or any Purchaser with the amount payable to the Beneficiary or any Purchaser out of the net proceeds of such sale. In the event of any such sale, the Notes and the other Indebtedness
Hereby Secured, if not previously due, shall be and become immediately due and payable without demand or notice of any kind. Each of the Lessor and the Lessee hereby waives any and all rights of
redemption prior to or from sale under any order or decree of foreclosure pursuant to rights herein granted, on behalf of itself, and each and every person acquiring any interest in, or title to the
Mortgaged Property described herein subsequent to the date of this Deed of Trust, and on behalf of all other persons to the extent permitted by applicable law. 

        14.    Costs and Expenses of Foreclosure.    In any suit to foreclose the lien hereof there shall be allowed and
included as additional indebtedness in the decree for sale all expenditures and expenses which may be paid or incurred by or on behalf of the Beneficiary for attorneys' fees, appraisers' fees,
environmental auditors' fees, outlays for documentary and expert evidence, stenographic charges, publication costs and costs (which may be estimated as the items to be expended after the entry of the
decree) of procuring all such abstracts of title, title searches and examination, guarantee policies and similar data and assurances with respect to title as the Beneficiary may deem to be reasonably
necessary either to prosecute any foreclosure action or to evidence to the bidder at any sale pursuant thereto the true condition of the title to or the value of the Mortgaged Property, all of which
expenditures shall become so much additional Indebtedness Hereby Secured which the Lessee agrees to pay and all of such shall be immediately due and payable with interest thereon from the date of
expenditure until paid at the Overdue Rate. 

        15.    Application of Proceeds.    The proceeds of any foreclosure or other sale of the Mortgaged Property or of any
other sale of property pursuant to this Deed of Trust shall be distributed as provided in Article VII of the Participation Agreement. 

        16.    Beneficiary's and Purchasers' Remedies Cumulative—No Waiver.    No remedy or right of the Deed of
Trust Trustee, the Beneficiary or any Purchaser shall be exclusive of but shall be cumulative and in addition to every other remedy or right now or hereafter existing at law or in equity or by statute
or otherwise. No delay in the exercise or omission to exercise any remedy or right accruing on any default shall impair any such remedy or right or be construed to be a waiver of any such default or
acquiescence therein, nor shall it affect any subsequent default of the same or a different nature. Every such remedy or right may be exercised concurrently or independently, and when and as often as
may be deemed expedient by the Beneficiary. 

        17.    Beneficiary Party to Suits.    If the Deed of Trust Trustee or the Beneficiary shall be made a party to or
shall intervene in any action or proceeding affecting the Mortgaged Property or the title thereto or the interest of the Deed of Trust Trustee or the Beneficiary under this Deed of Trust (including
probate and bankruptcy proceedings), or if the Deed of Trust Trustee or the Beneficiary 

9

 

employs
an attorney to collect any or all of the Indebtedness Hereby Secured or to enforce any of the terms hereof or realize hereupon or to protect the lien hereof, or if the Deed of Trust Trustee or
the Beneficiary shall incur any costs or expenses in preparation for the commencement of any foreclosure or sale proceedings or for the defense of any threatened suit or proceeding which might affect
the Mortgaged Property or the security hereof, whether or not any such foreclosure or other suit or proceeding shall be actually commenced, then in any such case, the Lessee agrees to pay to the Deed
of Trust Trustee or the Beneficiary, within five (5) Business Days after demand, all reasonable costs, charges, expenses and attorney's fees incurred by the Deed of Trust Trustee or the Beneficiary in
any such case, and the same shall constitute so much additional Indebtedness Hereby Secured payable upon demand with interest at the Overdue Rate. 

        18.    Modifications Not to Affect Lien.    The Deed of Trust Trustee and the Beneficiary, without notice to anyone,
and without regard to the consideration, if any, paid therefor, or the presence of other liens on the Mortgaged Property, may in their discretion release any part of the Mortgaged Property or any
person liable for any of the Indebtedness Hereby Secured, may extend the time of payment of any of the Indebtedness Hereby Secured and may grant waivers or other indulgences with respect hereto and
thereto, and may agree with the Lessor and the Lessee to modifications to the terms and conditions contained herein or otherwise applicable to any of the Indebtedness Hereby Secured (including
modifications in the rates of interest applicable thereto), without in any way affecting or impairing the liability of any party liable upon any of the Indebtedness Hereby Secured or the priority of
the lien of this Deed of Trust upon all of the Mortgaged Property not expressly released, and any party acquiring any direct or indirect interest in the Mortgaged Property shall take same subject to
all of the provisions hereof. 

        19.    Notices.    All communications provided for herein shall be in writing and shall be deemed to have been given
when delivered in accordance with the terms and provisions of the Participation Agreement. 

        20.    Liens Absolute, Etc.    The Lessor and the Lessee each acknowledges and agrees that the liens and security
interests hereby created are absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of the Deed of Trust Trustee, the Beneficiary or any
other holders of any of the Indebtedness Hereby Secured, and without limiting the generality of the foregoing, the lien and security hereof shall not be impaired by any acceptance by the Deed of Trust
Trustee, the Beneficiary or any other holder of any of the Indebtedness Hereby Secured of any other security for or guarantees upon any of the Indebtedness Hereby Secured or by any failure, neglect or
omission on the part of the Deed of Trust Trustee, the Beneficiary or any other holder of any of the Indebtedness Hereby Secured to realize upon or to protect any of the Indebtedness Hereby Secured or
any collateral security therefor. The lien and security hereof shall not in any manner be impaired or affected by any sale, pledge, surrender, compromise, settlement, release, renewal, extension,
indulgence, alteration, substitution, exchange, change in, modification or disposition of any of
the Indebtedness Hereby Secured, or of any collateral security therefor, or of any guaranty thereof, or of any loan agreement executed in connection therewith. In order to realize hereon and to
exercise the rights granted the Deed of Trust Trustee and the Beneficiary hereby and under applicable law, there shall be no obligation on the part of the Deed of Trust Trustee, the Beneficiary or any
other holder of any of the Indebtedness Hereby Secured at any time to first resort for payment to the obligor on any note evidencing any of the Indebtedness Hereby Secured or to any guaranty of any of
the Indebtedness Hereby Secured or any part thereof or to resort to any other collateral security, property, liens or any other rights or remedies whatsoever, and the Deed of Trust Trustee and the
Beneficiary shall have the right to enforce this instrument irrespective of whether or not other proceedings or steps are pending seeking resort to or realization upon or from any of the foregoing. 

        21.    Direct and Primary Security—No Subrogation.    The lien and security herein created and provided
for stands as direct and primary security for the Notes as well as for any of the other 

10

 

Indebtedness
Hereby Secured. No application of any sums received by the Deed of Trust Trustee or the Beneficiary in respect of the Mortgaged Property or any disposition thereof to the reduction of the
Indebtedness Hereby Secured or any part thereof shall in any manner entitle the Lessor or the Lessee to any right, title or interest in or to the Indebtedness Hereby Secured or any collateral security
therefor, whether by subrogation or otherwise, unless and until all Indebtedness Hereby Secured has been fully paid and satisfied. 

        22.    GOVERNING LAW.    THE CREATION AND THE PERFECTION OF THE LIEN OR SECURITY INTEREST IN
THE MORTGAGED PROPERTY, AND THE RIGHTS AND REMEDIES OF THE DEED OF TRUST TRUSTEE AND BENEFICIARY WITH RESPECT TO THE MORTGAGED PROPERTY, AS PROVIDED HEREIN AND BY THE LAWS OF THE STATE OF TEXAS, SHALL
BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF TEXAS WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. OTHERWISE, THE PARTICIPATION AGREEMENT, THE INDENTURE AND ALL
OTHER OBLIGATIONS OF THE LESSOR AND THE LESSEE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF
LAWS.

        23.    Agent.    The Beneficiary has been appointed as agent pursuant to the Indenture. In acting under or by virtue
of this Deed of Trust, the Beneficiary shall be entitled to all the rights, authority, privileges and immunities provided in Article VIII of the Indenture, all of which provisions of said Article VIII
are incorporated by reference herein with the same force and effect as if set forth herein. The Beneficiary hereby disclaims any representation or warranty to the Purchasers concerning the perfection
of the security interest granted hereunder or the value of the Mortgaged Property. 

        24.    Fixtures Filing.    Certain of the personal property covered by this Deed of Trust is or will become fixtures
on the real property which is a part of the Mortgaged Property described on Exhibit A, and this Deed of Trust upon being filed for record in the real
estate records of the county wherein such fixtures are situated shall operate also as a financing statement filed as a fixture filing in accordance with the
applicable provisions of the Uniform Commercial Code of the State upon such of the properties which are or may become fixtures. The mailing addresses of the Lessor and the Lessee and the address of
the Beneficiary from which information may be obtained are set forth in the introductory paragraph of this Deed of Trust. Each of the Lessor and the Lessee has an interest of record in such real
property. 

        25.    Partial Invalidity.    All rights, powers and remedies provided herein are intended to be limited to the extent
necessary so that they will not render this Deed of Trust invalid, unenforceable or not entitled to be recorded, registered or filed under any applicable law. If any term of this Deed of Trust shall
be held to be invalid, illegal or unenforceable, the validity and enforceability of the other terms of this Deed of Trust shall in no way be affected thereby. 

        26.    Successors and Assigns.    Whenever any of the parties hereto is referred to, such reference shall be deemed to
include the successors and assigns of such party; and all the covenants, promises and agreements in this Deed of Trust contained by or on behalf of the Lessor, the Lessee, or by or on behalf of the
Deed of Trust Trustee or the Beneficiary, shall bind and inure to the benefit of the respective successors and assigns of such parties, whether so expressed or not. 

        27.    Headings.    The headings in this instrument are for convenience of reference only and shall not limit or
otherwise affect the meaning of any provision hereof. 

        28.    Changes, Etc.    This instrument and the provisions hereof may be changed, waived, discharged or terminated
only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought and only as permitted by the Participation Agreement. 

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        29.    Final Agreement.    THIS DEED OF TRUST, TOGETHER WITH THE OTHER OPERATIVE DOCUMENTS
REPRESENTS THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS
AMONG THE PARTIES.

        30.    The Deed of Trust Trustee.    The Deed of Trust Trustee shall at all times be under the control of, and act
pursuant to the directions of, the Beneficiary and neither the Lessor nor the Lessee shall have any power to control or direct the Deed of Trust Trustee. The Deed of Trust Trustee may be removed or
replaced in the discretion of the Beneficiary. The Lessee shall pay all fees and expenses of the Deed of Trust Trustee in connection with this Deed of Trust and the transactions contemplated hereby,
including all fees and expenses incurred in the exercise of any remedies hereunder. 

        31.    Limitation on Interest; Usury.    All agreements between or among the Lessor, the Lessee and/or any Purchaser,
whether now existing or hereafter arising and whether written or oral, are hereby expressly limited so that in no contingency or event whatsoever, whether by reason of acceleration of the maturity of
the Notes or the Lease Balance or otherwise, shall the amount paid, or agreed to be paid to any party for the use, forbearance, or detention of the money or for the payment or performance of any
covenant or obligation contained herein or in the Operative Documents, exceed the maximum amount permissible under applicable law now or as hereafter amended. If from any circumstances whatsoever
fulfillment of any provision hereof or of other Operative Documents, at the time performance of such provisions shall be due, shall involve transcending the limit of validity prescribed by applicable
usury law, ipso facto, the obligation to be fulfilled shall be reduced to the limit of such validity, and if from any such circumstance, any party shall
have ever received interest or anything which might be deemed interest under applicable law which would exceed the highest lawful rate, such amount which would be excessive interest shall be applied
to the reduction of the principal amount owing on account of the Notes, the Lease Balance or the amounts owing on other obligations under the Operative Documents and not to the payment of interest, or
if such excessive interest exceeds the unpaid balance of the principal of the Notes, the Lease Balance and the amounts owing on other obligations under the Operative Documents, as the case may be,
such excess shall be refunded. All sums paid or agreed to be paid for the use, forbearance or detention of the Lessor Balance or the Note Balance shall, to the extent permitted by Applicable Law, (i)
be amortized, prorated, allocated and spread throughout the full term of the Lessor Balance or Note Balance (as applicable) until payment in full so that the actual rate of interest on account of the
Lessor Balance or Note Balance (as applicable) does not exceed the maximum amount permissible under Applicable Law now or as hereinafter amended, throughout the term thereof, (ii) be characterized as
a fee, expense or other charge other than interest, and/or (iii) exclude any voluntary prepayments and the effects thereof. 

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        IN
WITNESS WHEREOF, the Lessor has caused these presents to be signed the day and year first above written. 

	 	 	CSL LEASING INC., as Lessor
	

 	
 	

By	
 	

 
	 	 	 	 	
 Name:

Its:
	

 	
 	

SABRE INC., as Lessee
	

 	
 	

By	
 	

 
	 	 	 	 	
 Name:

Its:

13

 
 

ACKNOWLEDGMENTS

	STATE OF TEXAS	 	)	 	 
	 	 	)	 	SS
	COUNTY OF                         	 	)	 	 

        This
instrument was acknowledged before me on this the            day of June, 2003, by [            ], the
[            ] of  CSL LEASING INC., a Delaware corporation, on behalf of said corporation. 

	(SEAL)	 	  

	 	 	    Notary Public, State of                         

    My Commission expires:                     

 
 

ACKNOWLEDGMENTS

	STATE OF TEXAS	 	)	 	 
	 	 	)	 	SS
	COUNTY OF                         	 	)	 	 

        This
instrument was acknowledged before me on this the            day of June, 2003, by [            ], the
[            ] of  SABRE INC., a Delaware corporation, on behalf of said corporation. 

	(SEAL)	 	  

	 	 	    Notary Public, State of                         

    My Commission expires:                     

QuickLinks

Exhibit 10.1(f)

DEED OF TRUST AND SECURITY AGREEMENT WITH ASSIGNMENT OF RENTS

WITNESSETH

GRANTING CLAUSE I

GRANTING CLAUSE II

GRANTING CLAUSE III

GRANTING CLAUSE IV

GRANTING CLAUSE V

GRANTING CLAUSE VI

GRANTING CLAUSE VII

ACKNOWLEDGMENTS

ACKNOWLEDGMENTS

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00055-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00055-of-00352.parquet"}]]