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UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK In re: INNKEEPERS USA TRUST, et al.,1 Debtors. ) ) ) ) ) ) ) Chapter 11 Case No. 10-13800 (SCC) Jointly Administered

FINAL DECREE CLOSING THE CHAPTER 11 CASES OF FIXED/FLOATING, ANAHEIM HOTEL, AND ONTARIO HOTEL DEBTORS PURSUANT TO SECTION 350(a) OF THE BANKRUPTCY CODE AND BANKRUPTCY RULE 3022 Upon the application (the Application)1 of the Disbursing Agent for entry of a final decree closing the chapter 11 cases of the Closing Debtors pursuant to section 350(a) of the Bankruptcy Code and Bankruptcy Rule 3022, all as more fully described in the Application; and the Court having found that the Court has jurisdiction over this matter pursuant to 28 U.S.C. 1334; and consideration of the Application and the relief requested therein being a core proceeding pursuant to 28 U.S.C. 157(b)(2); and the Court having found that venue of this proceeding in this district is proper pursuant to 28 U.S.C. 1408 and 1409 and the Confirmation Order; and the Court having reviewed the Application; and there being no timely objections to the requested relief, after due notice; and the Court hereby finding and determining that (a) the relief sought in the Application and granted herein is in the best interests of the Closing Debtors, their estates and creditors, and all parties in interest, (b) due and proper notice of the Application has been given, and (c) the legal and factual bases set forth in the Application demonstrate sufficient and just cause for the relief granted herein; therefore, it is HEREBY ORDERED THAT:

All capitalized terms used but otherwise not defined herein shall have the meanings set forth in the Application.

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1. 2.

The Application is granted to the extent set forth herein. Pursuant to section 350(a) of the Bankruptcy Code and Rule 3022 of the Federal

Rules of Bankruptcy Procedure, the Closing Debtors Chapter 11 Cases, identified on Exhibit 1 attached to this Order, are hereby closed; provided, however, that the Court shall retain such jurisdiction as is provided in Article XI of the Plan, which provides for the retention of the Bankruptcy Courts exclusive jurisdiction over all matters arising out of, or related to, the Chapter 11 Cases and the Plan, and the entry of this Final Decree is without prejudice to the rights of the Closing Debtors or any party in interest to seek to reopen the Chapter 11 Cases for good cause shown. 3. The Closing Debtors shall reserve sufficient funds to pay the United States

Trustee the appropriate amount of any outstanding quarterly fees due pursuant to 28 U.S.C. 1930 and any applicable interest due pursuant to 31 U.S.C. 3717, which fees and interest, if any, shall be paid within twenty (20) days of the entry of this Final Decree. Upon the payment of such quarterly fees, the Closing Debtors simultaneously shall provide to the United States Trustee a signed statement indicating cash disbursements, if any, for the quarter in which this Final Decree is entered. 4. The Closing Debtors are authorized to take all actions necessary to effectuate the

relief granted pursuant to this order in accordance with the Application.

Dated: September 24, 2012 New York, New York

/s/ Shelley C. Chapman HONORABLE SHELLEY C. CHAPMAN UNITED STATES BANKRUPTCY JUDGE

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EXHIBIT 1 List of Closing Debtors

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Closing Debtors
Debtor Name Fixed/Floating Debtors Grand Prix Mezz Borrower Floating 2, LLC Grand Prix Mezz Borrower Floating, LLC GP AC Sublessee LLC Grand Prix Addison (RI) LLC Grand Prix Addison (SS) LLC Grand Prix Albany LLC Grand Prix Altamonte LLC Grand Prix Arlington LLC Grand Prix Atlanta (Peachtree Corners) LLC Grand Prix Atlanta LLC Grand Prix Atlantic City LLC Grand Prix Bellevue LLC Grand Prix Belmont LLC Grand Prix Binghamton LLC Grand Prix Bothell LLC Grand Prix Bulfinch LLC Grand Prix Campbell / San Jose LLC Grand Prix Cherry Hill LLC Grand Prix Chicago LLC Grand Prix Columbia LLC Grand Prix Denver LLC Grand Prix East Lansing LLC Grand Prix El Segundo LLC Grand Prix Englewood / Denver South LLC Grand Prix Fixed Lessee LLC Grand Prix Floating Lessee LLC Grand Prix Fremont LLC Grand Prix Ft. Lauderdale LLC Grand Prix Ft. Wayne LLC Grand Prix Gaithersburg LLC Grand Prix Germantown LLC Grand Prix Grand Rapids LLC Grand Prix Harrisburg LLC Grand Prix Horsham LLC Grand Prix Indianapolis LLC Grand Prix Islandia LLC Grand Prix Las Colinas LLC Grand Prix Lexington LLC Grand Prix Livonia LLC Case No. 10-13796 10-13798 10-13801 10-13803 10-13804 10-13805 10-13806 10-13808 10-13809 10-13810 10-13811 10-13812 10-13813 10-13814 10-13815 10-13816 10-13817 10-13818 10-13819 10-13820 10-13821 10-13822 10-13823 10-13824 10-13825 10-13826 10-13827 10-13828 10-13829 10-13830 10-13832 10-13833 10-13834 10-13835 10-13838 10-13839 10-13840 10-13841 10-13843 Debtor Name Fixed/Floating Debtors (contd) Grand Prix Lombard LLC Grand Prix Louisville (RI) LLC Grand Prix Lynnwood LLC Grand Prix Mezz Borrower Fixed, LLC Grand Prix Montvale LLC Grand Prix Morristown LLC Grand Prix Mountain View LLC Grand Prix Mt. Laurel LLC Grand Prix Naples LLC Grand Prix Ontario LLC Grand Prix Portland LLC Grand Prix Richmond (Northwest) LLC Grand Prix Richmond LLC Grand Prix Rockville LLC Grand Prix Saddle River LLC Grand Prix San Jose LLC Grand Prix San Mateo LLC Grand Prix Schaumburg LLC Grand Prix Shelton LLC Grand Prix Sili I LLC Grand Prix Sili II LLC Grand Prix Troy (Central) LLC Grand Prix Troy (SE) LLC Grand Prix Tukwila LLC Grand Prix West Palm Beach LLC Grand Prix Westchester LLC Grand Prix Willow Grove LLC Grand Prix Windsor LLC Grand Prix Woburn LLC KPA/GP Fort Walton, LLC KPA/GP Louisville (HI) LLC KPA/GP Valencia LLC Anaheim Hotel Debtors Grand Prix Ontario Lessee, LLC KPA HI Ontario LLC Ontario Hotel Debtors Grand Prix Anaheim Orange Lessee LLC Grand Prix Mezz Borrower Term LLC KPA HS Anaheim, LLC Case No. 10-13844 10-13845 10-13846 10-13847 10-13849 10-13850 10-13851 10-13852 10-13853 10-13855 10-13856 10-13857 10-13858 10-13862 10-13864 10-13865 10-13866 10-13867 10-13868 10-13869 10-13870 10-13871 10-13872 10-13874 10-13875 10-13876 10-13877 10-13878 10-13879 10-13890 10-13892 10-13893 10-13854 10-13881 10-13807 10-13848 10-13882

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