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<br /> - MANAGER'S CONSENT AND SUBORDINATION
<br /> • "'w OF MAN�AGEMLNT AGREEMENT ��
<br /> �� � �?-�os4so -
<br /> THIS MANAGER'S CONSENT A1�D SUBORDINATION OF
<br /> MANAGEMENT AGREEMENT(tMs "Agreement") dated as of January�, 1997 is by � �` "_�
<br /> ,�..T.
<br /> and among SVi� COMNiERCIAL MANAGEMENT U.S., INC., a Texas corporation, ;`:��
<br /> � having an office at 17776 Prestoii Road, Suite 100, Dallas, Texras,75252, Attention: . `���
<br /> � Robert J. Pierson, Jr., Telefax Number(972/931-0�.40) (" ana er"), WILMINCTON ..
<br /> � .� TRUST COMPANY, a Delaware banldng corporation, not in its individual capacity but �� r"��-,�`��_
<br /> solely as trustee of Sunwest N.G Trust, a Delaware business trust (the " o o er"), •"�-�—
<br /> � havin an addTess at Rodne S uare Nortb, 1100 North Market Street, Wilmin on r�:��` �
<br /> � Y 4 b'� � +;•.,.
<br /> Delaware 19890-0001, Telefax Number(30?.) 427-4749, ("Wilmington'; the Borrower � -
<br /> ,��;� �� and/or Owner are referred h�erein,as approprlate as the"Owner"), and NOMURA �E�:::�
<br /> ASSET CAPITAL COI2PORATION, a Delaware corporarion, having an of�ce at �; -�����_
<br /> �� 2 V1�orld Financial Center, Building B,New York, New York 10281-1198,Attention: _��-_°=-
<br /> Gregory Anderson, Telefax Number (21�)667-1022 (together with its successors and �==F
<br /> � � assigns, " nder"). —`"�
<br /> ���
<br /> ,�;�' nr�nrm�t o_ -
<br /> _ , au,�.airia.v-
<br /> A. Qwner is the owner of a lessehold interest in and to the improved
<br /> ;,,. .. `: real property described on ibit A attached hereto (the "Facili ') (to�ether with all
<br /> easements,improvements, rights of way and other property rights appurtenant thereto
<br /> =� � and all Equiprnent attached w located at or otherwise used in connection with the
<br /> - ,� �'�. faregoing, collectively, the "Mort,,,ga¢ed Prap r,�,tv");
<br /> Sa �d.
<br />-;�ti","�,°:, � B. Pursuant to that certain Loan Agrecm�nt dated as of the date
<br /> :{:u�Y�,}•��` h�reof by and between Lender and Borrower (said I.aan Agreement, as modi�ed an�d �
<br /> _;_;��x'�"''s';„� supplemented and in effect fram time to time, the "�.oan A�rccmcn�t"),which Loan
<br /> .;.fir`:-;�,�} Agecrnent provides for a loan (the ".oa ") to be made by I,ender to the Dorrower. The
<br />-�__M�;�;�'� Loan is to be evidenced by� and repayable in accor�ance wIth, a promissory note =
<br /> - -�r��� executed and delivered by Bonower and payable Yo the order of Lender(Borrower's __
<br /> '���'��'����•� note,as�no►ii,fied and su lemented and in effect from tiuie to tune, the " ote" �=-----
<br /> --,:�;.r.. _.,� PP �. )� —
<br /> ��7;�r:�� �
<br /> '=''"��°��y� C. Owner has, int�r alia,also executed s�nd delivered a Leasehold Deed —
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