The owner is the beneficial and registered proprietor of the international 5-star hotel trading as W Koh Samui (referred to as “WKS”). The owner has appointed W International Hotel Management, Inc., a Delaware corporation, having its principal office at 1111 Westchester Avenue, White Plains, New York 10604, United States of America. (the “Managing Agent”), as its agent with exclusive authority and responsibility for the management and operation of the Hotel, and any reference to the “Owner” herein shall be deemed to include, where the context so permits, a reference to the Owner acting through the Manager.