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between the Hotel Association of New York City, Inc. ("HANYC") and the Associated Hotels and Motels of Greater New York ("AHMGNY"), as employer and The New York Hotel and Motels Trade Council, AFL-CIO (the "Union"), as amended and extended pursuant to that certain Memorandum of Understanding, dated as of June ,

for Purchaser; 24 513950-2-W EFTA00805238 7.2.3 Purchaser shall execute, acknowledge and deliver to Seller counterparts of the Assignment and Assumption of Service Contracts, Assignment and Assumption of Equipment Leases, Assignment and Assumption of Collective Bargaining Agreement and the Holdback Escrow Agreement. 7.

TA00807916 Hotel Association of New York City, Inc. ("HANYC") and the Associated Hotels and Motels of Greater New York ("AHMGNY"), as employer and The New York Hotel and Motels Trade Council, AFL-CIO (the "Union"), as amended and extended pursuant to that certain Memorandum of Understanding, dated as of June ,

the authority of the signatory for Purchaser; 7.2.3 Purchaser shall execute, acknowledge and deliver to Seller counterparts of the Assignment and Assumption of Service Contracts, Assignment and Assumption of Equipment Leases, Assignment and Assumption of Collective Bargaining Agreement, (if applicable) the Assignment and As

between the Hotel Association of New York City, Inc. ("HANYC") and the Associated Hotels and Motels of Greater New York ("AHMGNY"), as employer and The New York Hotel and Motels Trade Council, AFL-CIO (the "Union"), as amended and extended pursuant to that certain Memorandum of Understanding, dated as of June ,

the authority of the signatory for Purchaser; 7.2.3 Purchaser shall execute, acknowledge and deliver to Seller counterparts of the Assignment and Assumption of Service Contracts, Assignment and Assumption of Equipment Leases, Assignment and Assumption of Collective Bargaining Agreement and (-if-applicable) the Assignmera-an