Document:

EX-10.6

 Exhibit 10.6 

AMENDMENT NO. 1, dated as of August 1, 2013 (this “Amendment), to the Loan Agreement, dated as of May 1, 2013 (the
“Loan Agreement”), by and between STOCK-BRIDGE/SBE HOLDINGS, LLC (the “Borrower”), and SLS LENDER, LLC, as lender (the “Lender”). Capitalized terms used and not otherwise defined herein shall have
the meanings assigned to them in the Loan Agreement. 
 WHEREAS, the Loan Parties desire to amend the Loan Agreement on the terms set forth
herein; 
 WHEREAS, Section 10.02(b) of the Loan Agreement provides that the Borrower and the Lender may amend the Loan Agreement; 

NOW, THEREFORE, in consideration of the premises contained herein and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: 
 Section 1. Loan
Agreement Amendment. The Loan Agreement is, effective as of the Amendment No. 1 Effective Date (as defined below), hereby amended as follows: 

(a) The following definitions are added to Section 1.01 of the Loan Agreement in appropriate alphabetical order: 

“Amendment No. 1” means Amendment No. 1 to this Agreement, dated as of August 1, 2013. 

“Amendment No. 1 Effective Date” means August 1, 2013. 

“Initial First Lien Loan Disbursement Date” shall mean the date on which the first disbursement of First Lien
Loans is made under the First Lien Financing Agreement. 
 (b) The definition of “Disbursement Agreement” in Section 1.01 of
the Loan Agreement is amended and restated to read in full as follows: 
 “Disbursement Agreement” shall mean that certain
Master Disbursement Agreement, dated as of May 2, 2012, as amended by (A) Amendment No. 1 dated as of January 31, 2013, (B) that certain Joinder Agreement to the Master Disbursement Agreement dated May 1, 2013 among
Lender, the Disbursement Agent, the First Lien Administrative Agent and the Borrower and (C) Amendment No. 2 dated as of July 25, 2013, among the Borrower, the First Lien Administrative Agent, the First Lien Collateral Agent and the
Disbursement Agent. 
 (c) The definition of “Existing First Lien Financing Agreement” in Section 1.01 of the Loan Agreement
is amended hereby by adding the phrase “and Amendment No. 2, dated as of July 25, 2013” following the phrase “dated as of January 31, 2013”. 

 (d) The definition of “First Lien Escrow and Security Agreement” in Section 1.01
of the Loan Agreement is amended hereby by adding the phrase “as amended by Amendment No. 1, dated as of January 31, 2013 and Amendment No. 2, dated as of July 25, 2013” to the end thereto. 

(e) The definition of “General Construction Agreement” in Section 1.01 of the Loan Agreement is amended by replacing the phrase
“December 21, 2011” with the phrase “February 5, 2013”. 
 (f) The definition of “Total EB-5 Offering Amount
Raised” in Section 1.01 of the Loan Agreement is amended and restated to read in full as follows: 
 ““Total EB-5
Offering Amount Raised” shall mean the aggregate amount of EB-5 capital (i) raised (and in respect of which subscription agreements have been executed and delivered and I-526 petitions have been filed with the U.S. Citizenship and
Immigration Services) by an affiliate of the manager of Lender under the EB-5 Immigrant Investor Program to be loaned under this Agreement to Borrower, the aggregate amount raised under this clause (i) to be no greater than $150,000,000, and
(ii) raised by another party, including Henry Global or its affiliates, under the EB-5 Immigrant Investor Program to be loaned under this Agreement to Borrower, such that the aggregate amount raised under clause (i) and (ii) is
$200,000,000 or less.” 
 (g) Sections 3.05(d), 4.01 and 5.16 of the Loan Agreement are amended by replacing each use of the phrase
“First Lien Escrow Release Date” with “Initial First Lien Loan Disbursement Date”. 
 Section 2.
Effectiveness. The amendments to the Loan Agreement set forth herein shall be effective as of the date set forth above. 

Section 3. Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto on separate
counterparts, each of which when so executed and delivered shall be deemed to be an original, but all of which when taken together shall constitute a single instrument. Delivery of an executed counterpart of a signature page of this Amendment by
facsimile transmission or electronic transmission shall be effective as delivery of a manually executed counterpart hereof. 

Section 4. Applicable Law. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK.
The jurisdiction, service of process and waiver of right to trial by jury provisions set forth in Sections 10.09 and 10.10 of the Loan Agreement are incorporated herein by reference mutatis mutandis. 

Section 5. Headings. The headings of this Amendment are for purposes of reference only and shall not limit or otherwise affect the
meaning hereof. 

  
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 Section 6. Effect of Amendment. Except as expressly set forth herein, this Amendment
shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lender and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or
agreements contained in the Loan Agreement and every term, condition, obligation, covenant and agreement contained in the Loan Agreement is hereby ratified and re-affirmed in all respects and shall continue in full force and effect. Each Loan Party
reaffirms its obligations under the Loan Documents to which it is party and the validity of the Liens granted by it pursuant to the SLS Las Vegas Mortgage. From and after the effective date of this Amendment, all references to the Loan Agreement
shall, unless expressly provided otherwise, refer to the Loan Agreement as amended by this Amendment. 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be duly executed
by their respective authorized officers as of the day and year first above written. 
  

					
	STOCKBRIDGE/SBE HOLDINGS, LLC, as Borrower
		
	BY:	 	STOCKBRIDGE/SBE VOTECO COMPANY, LLC, its manager
		
	By:	 	/s/ Darren Drake
		 	Name:	 	Darren Drake
		 	Title:	 	Authorized Signatory

 [Amendment No. 1 Signature Page] 

 
					
	SLS LENDER, LLC, as Lender
		
	BY:	 	SLS LENDER MANAGER, LLC, its manager
		
	By:	 	/s/ George W. Ekins VI
		 	Name:	 	George W. Ekins
		 	Title:	 	Principal

 [Amendment No. 1 Signature Page]EX-10.7

 Exhibit 10.7 
 EXECUTION VERSION 
 AMENDMENT NO. 2, dated as of September 16,
2014 (this “Amendment), to the Loan Agreement, dated as of May 1, 2013 (as amended by Amendment No. 1, dated as of August 1, 2013, the “Loan Agreement”), by and between STOCKBRIDGE/SBE HOLDINGS, LLC (the
“Borrower”) and SLS LENDER, LLC, as lender (the “Lender”). Capitalized terms used and not otherwise defined herein shall have the meanings assigned to them in the Loan Agreement. 

WHEREAS, the Loan Parties desire to amend the Loan Agreement on the terms set forth herein; and 

WHEREAS, Section 10.02(b) of the Loan Agreement provides that the Borrower and the Lender may amend the Loan Agreement. 

NOW, THEREFORE, in consideration of the premises contained herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: 

Section 1. Loan Agreement Amendment. The Loan Agreement is, effective as of the Amendment No. 2 Effective Date (as
defined below), hereby amended as follows: 
 (a) The following definitions are added to Section 1.01 of the Loan Agreement
in appropriate alphabetical order: 
 “Amendment No. 2” means Amendment No. 2 to this
Agreement, dated as of September 16, 2014. 
 “Amendment No. 2 Effective Date” means
September 16, 2014. 
 “Franchise Guaranty” shall mean that certain Guaranty of Franchise
Agreement, dated on or about September 16, 2014, by Borrower in favor of Hilton World-wide Holdings, Inc. 

“Second Amendment to Borrower LLC Agreement” means that certain Second Amendment to Fourth Amended and
Restated Limited Liability Company Agreement of Stockbridge/SBE Holdings, LLC, dated as of the Amendment No. 2 Effective Date. 
 (b) Section 6.01(f) of the Loan Agreement is hereby amended to read as follows: 
 (f) Indebtedness in respect of one or more revolving credit facilities in an aggregate principal amount not to exceed $65,000,000; provided that such Indebtedness shall not be incurred prior to the
date that, at the time of incurrence and based on the Project Schedule then in effect, is reasonably expected to be six months prior to the Opening Date; provided further that Borrower shall not request a disbursement under any such revolving
credit facility without Lender’s prior written consent if such disbursement would increase the aggregate outstanding principal balance under such revolving credit facilities to an amount in excess of $22,500,000; 

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(c) Section 6.01(g) of the Loan Agreement is amended by deleting the following text: “; provided that in the event that
Borrower enters into the revolving credit facility permitted under Section 6.01(f), such amount shall be reduced to $5,000,000”. 
 (d) Section 6.01 of the Loan Agreement is amended by (i) deleting “and” at the end of Section 6.01(p), (ii) adding “and” at the end of Section 6.01(q), and
(iii) adding the following after Section 6.01(q): 
 (r) the guaranty by Borrower of Indebtedness of
SBE Hotel Group, LLC under the Franchise Guaranty in an amount not to exceed $7,500,000 per fiscal year; 
 (e)
Section 6.10(b) of the Loan Agreement is amended to read as follows: 
 (b) terminate, amend or modify, or
permit the termination, modification of its Organizational Documents other than (i) any such termination, amendments or modifications effected in connection with any transfers permitted by this Agreement, (ii) any such amendments or
modifications or such new agreements which are required by the Gaming Laws and otherwise not adverse in any material respect to the interests of the Lender or in connection with the transactions permitted under Section 6.04, 6.05
or 6.06, and (iii) the Second Amendment to Borrower LLC Agreement; 
 Section 2. Effectiveness. The
amendments to the Loan Agreement set forth herein shall be effective as of the date set forth above. 
 Section 3.
Counterparts. This Amendment may be executed in any number of counterparts and by different parties hereto on separate counterparts, each of which when so executed and delivered shall be deemed to be an original, but all of which when taken
together shall constitute a single instrument. Delivery of an executed counterpart of a signature page of this Amendment by facsimile transmission or electronic transmission shall be effective as delivery of a manually executed counterpart hereof.

 Section 4. Applicable Law. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE
STATE OF NEW YORK. The jurisdiction, service of process and waiver of right to trial by jury provisions set forth in Sections 10.09 and 10.10 of the Loan Agreement are incorporated herein by reference mutatis mutandis. 

Section 5. Headings. The headings of this Amendment are for purposes of reference only and shall not limit or otherwise
affect the meaning hereof. 

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Section 6. Effect of Amendment. Except as expressly set forth herein, this Amendment shall not by implication or otherwise
limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lender and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Loan
Agreement and every term, condition, obligation, covenant and agreement contained in the Loan Agreement is hereby ratified and re-affirmed in all respects and shall continue in full force and effect. Each Loan Party reaffirms its obligations under
the Loan Documents to which it is party and the validity of the Liens granted by it pursuant to the SLS Las Vegas Mortgage. From and after the effective date of this Amendment, all references to the Loan Agreement shall, unless expressly provided
otherwise, refer to the Loan Agreement as amended by this Amendment. 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 2 to be duly
executed by their respective authorized officers as of the day and year first above written. 
  

					
	 STOCKBRIDGE/SBE HOLDINGS, LLC, as Borrower

	
	 BY: STOCKBRIDGE/SBE VOTECO COMPANY, LLC, its manager

		
	By:	 	    /s/ Darren Drake
		 	Name: 	 	Darren Drake
		 	Title:	 	Vice President

  
 [Amendment
No. 2 Signature Page] 

 
					
	 SLS LENDER, LLC, as Lender

	
	 BY: SLS LENDER MANAGER, LLC, its manager

		
	By:	 	    /s/ George W. Ekins
		 	Name: 	 	George W. Ekins
		 	Title:	 	Principal

  
 [Amendment
No. 2 Signature Page]

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