Common use of Sale and Purchase of Property Clause in Contracts

Sale and Purchase of Property. Seller agrees to sell and convey to Purchaser, and Purchaser agrees to purchase from Seller, at the price and upon the terms, provisions and conditions set forth in this Agreement all those certain plots, pieces and parcels of land located in Jacksonville, Florida, as more particularly described in Exhibit A attached hereto and made a part hereof (the "Land"), together with (i) all buildings and other improvements situated on the Land (collectively, the "Buildings"), (ii) all right, title and interest of Seller in and to all easements, rights of way, reservations, privileges, appurtenances, and other estates pertaining to the Land and the Buildings, (iii) all right, title and interest of Seller, if any, in and to the fixtures, machinery, equipment, supplies and other articles of personal property attached or appurtenant to the Land or the Buildings, (collectively, the "Personal Property"), (iv) all oil, gas and mineral rights of Seller, if any, in and to the Land, (v) all right, title and interest of Seller, if any, in and to the trade name(s) of the Buildings, and (vi) all right, title and interest of Seller, if any, in and to all strips and gores, all alleys adjoining the Land to the center line thereof, and all right, title and interest of Seller, if any, in and to any award made or to be made in lieu thereof and in and to any unpaid award for any taking by condemnation or any damages to the Land or the Buildings by reason of a change of grade of any street, road or avenue and (vii) all right, title and interest of Seller, if any, in and to the Leases (the Land, the Buildings and all of the foregoing items listed in clauses (i) - (vii) above being hereinafter sometimes collectively referred to as the "Premises").

Sale and Purchase of Property. 1.1 Seller agrees to sell and convey to Purchaser, and Purchaser agrees to pay the Purchase Price (hereinafter defined) and to purchase and take from Seller, at subject to the price and upon the terms, provisions terms and conditions set forth in this Agreement all those certain plots, pieces and herein contained: (i) three parcels of land real property located at 00000 Xxxxxxxxxx Xxxxxxxxx; 00000 Xxxxxxxxxx Xxxxxxxxxx Xxxxxxxxx and 00000 Xxxxxxxxxx Xxxxxxxxxx Xxxxxxxxx, in Jacksonvillethe City of Minnetonka, FloridaCounty of Hennepin, as more particularly State of Minnesota, legally described in on Exhibit A attached hereto and hereby made a part hereof (the hereinafter called "Land"); (ii) three office/warehouse buildings thereon, together with (i) all other buildings and other improvements situated on the Land located thereon (collectively, the hereinafter collectively called "Buildings"), ; (iiiii) all right, title and interest of Seller in and to all easements, rights of way, reservations, privileges, appurtenances, hereditaments, privileges and other estates pertaining easements belonging to the Land and the Buildings, ; (iiiiv) all right, title and interest of Seller, if any, in and to the fixtures, machinery, equipment, supplies furnishings, appliances and other articles items of tangible and intangible personal property attached which are owned by Seller, are now or appurtenant to hereafter located in the Buildings or on the Land and are used in connection with the maintenance or the Buildings, operation thereof (collectively, the "Personal Property"), (iv) all oil, gas and mineral rights of Seller, if any, in and to the Land, ; (v) all rightleases, title licenses and interest of Sellerother occupancy agreements as set forth on the Rent Roll attached as Exhibit C (collectively, if anythe "Leases") covering space situated at or within the Land and Buildings and any claim or right to claim against a tenant or occupant (collectively, in the "Tenants") under any Lease and all security deposits paid or deposited by and owed to Tenants under the trade name(s) of the Buildings, and Leases; (vi) all right, title and interest of Seller, if any, 's rights in and to all strips contractual rights and goresintangibles with respect to the operation, maintenance, repair and improvement of the Land and Buildings, including service and maintenance agreements, construction, material and labor contracts, utility agreements and other contractual arrangements, all alleys adjoining the Land to the center line thereofextent designated by the provisions of this Agreement as set forth on the list of contracts attached as Exhibit D (collectively, and all right, title and interest of Seller, if any, in and to any award made or to be made in lieu thereof and in and to any unpaid award for any taking by condemnation or any damages to the Land or the Buildings by reason of a change of grade of any street, road or avenue "Contracts") and (vii) all rightgovernmental permits, title licenses, certificates and interest approvals in connection with the ownership and use of Seller, if any, in and to the Leases Property (the Landcollectively, the Buildings "Licenses") and warranties of any contractor, manufacturer or materialman (all of the foregoing items listed property in clauses (i) - (vii) above this Section 1.1 being hereinafter sometimes all collectively referred to as the "PremisesProperty").

Sale and Purchase of Property. 1.1 Seller agrees to sell and convey to Purchaser, and Purchaser agrees to pay the Purchase Price (hereinafter defined) and to purchase and take from Seller, at subject to the price and upon the terms, provisions terms and conditions set forth herein contained: (i) one parcel of real property located at 0000 Xxxxxxxx Xxxxxx North, in this Agreement all those certain plotsthe City of New Hope, pieces and parcels County of land located in JacksonvilleHennepin, FloridaState of Minnesota, as more particularly legally described in on Exhibit A attached hereto and hereby made a part hereof (the hereinafter called "Land"); (ii) one office/warehouse building thereon, together with (i) all other buildings and other improvements situated on the Land located thereon (collectively, the hereinafter collectively called "Buildings"), ; (iiiii) all right, title and interest of Seller in and to all easements, rights of way, reservations, privileges, appurtenances, hereditaments, privileges and other estates pertaining easements belonging to the Land and the Buildings, ; (iiiiv) all right, title and interest of Seller, if any, in and to the fixtures, machinery, equipment, supplies furnishings, appliances and other articles items of tangible and intangible personal property attached which are owned by Seller, are now or appurtenant to hereafter located in the Buildings or on the Land and are used in connection with the maintenance or the Buildings, operation thereof (collectively, the "Personal Property"), (iv) all oil, gas and mineral rights of Seller, if any, in and to the Land, ; (v) all rightleases, title licenses and interest of Sellerother occupancy agreements as set forth on the Rent Roll attached as Exhibit C (collectively, if anythe "Leases") covering space situated at or within the Land and Buildings and any claim or right to claim against a tenant or occupant (collectively, in the "Tenants") under any Lease and all security deposits paid or deposited by and owed to Tenants under the trade name(s) of the Buildings, and Leases; (vi) all right, title and interest of Seller, if any, 's rights in and to all strips contractual rights and goresintangibles with respect to the operation, maintenance, repair and improvement of the Land and Buildings, including service and maintenance agreements, construction, material and labor contracts, utility agreements and other contractual arrangements, all alleys adjoining the Land to the center line thereofextent designated by the provisions of this Agreement as set forth on the list of contracts attached as Exhibit D (collectively, and all right, title and interest of Seller, if any, in and to any award made or to be made in lieu thereof and in and to any unpaid award for any taking by condemnation or any damages to the Land or the Buildings by reason of a change of grade of any street, road or avenue "Contracts") and (vii) all rightgovernmental permits, title licenses, certificates and interest approvals in connection with the ownership and use of Seller, if any, in and to the Leases Property (the Landcollectively, the Buildings "Licenses") and warranties of any contractor, manufacturer or materialman (all of the foregoing items listed property in clauses (i) - (vii) above this Section 1.1 being hereinafter sometimes all collectively referred to as the "PremisesProperty").

Sale and Purchase of Property. Seller agrees to sell and convey to ----------------------------- Purchaser, and Purchaser agrees to purchase from Seller, at the price and upon the terms, provisions and conditions set forth in this Agreement all those Agreement, that certain plots, pieces and parcels tract or parcel of land located in JacksonvilleXxx County, Ft. Xxxxx, Florida, as more particularly described in Exhibit A "A" attached hereto and made a part hereof (the "Land"), together with (i) all buildings and other improvements situated on ---- the Land (collectively, the "BuildingsImprovements"), (ii) all oil, gas and mineral ------------ rights of Seller, if any, in and to the Land, (iii) all right, title and interest of Seller in and to all easements, rights of way, reservations, privileges, appurtenances, and other estates pertaining to the Land and or the BuildingsImprovements, (iiiiv) all right, title and interest of Seller, if any, in and to the fixtures, machinery, equipment, . supplies and other articles of personal property attached or appurtenant to the Land or the BuildingsImprovements, (collectively, the "Personal -------- Property"), (iv) all oil, gas and mineral rights of Seller, if any, in and to the Land, (v) all right, title and interest of Seller, if any, in and to all -------- intangible assets relating to the Improvements, including, without limitation, any warranties or guaranties relating to the Improvements and the trade name(s) of the BuildingsImprovements, and (vi) all right, title and interest of Seller, if any, in and to all strips and gores, all alleys adjoining the Land to the center line thereof, and all right, title and interest of Seller, if any, in and to any award made or to be made in lieu thereof and in and to any unpaid award for any taking by condemnation or any damages to the Land or the Buildings Improvements by reason of a change of grade of any street, road or avenue avenue, and (vii) all right, title and interest of Seller, if any, Seller in and to the Leases Lease (the Land, the Buildings Improvements and all of the foregoing items listed in clauses (i) - (viii)-(vii) above being hereinafter sometimes collectively referred to as the "Premises"). Anything contained in -------- this Paragraph 3 to the contrary notwithstanding and provided that Purchaser enters into a separate Development Agreement with The Xxxxx Group on or before the end of the Inspection Period, wherein The Xxxxx Group shall construct the building pursuant to terms and conditions satisfactory to Purchaser and The Xxxxx Group. Seller is also selling or conveying to Purchaser, and Purchaser is also purchasing or receiving from Seller, Seller's right, title and interest in and to (A) that certain Short Form Option Agreement dated July 31, 1997 and recorded in O.R. Book 2851, Page 3789 of the Public Records of Xxx County, Florida ("Option on Option Property 1"); (B) that certain Short Form Option --------------------------- Agreement dated July 31, 1997 and recorded in O.R. Book 2851, Page 3795 of the Public Records of Xxx County, Florida ("Option on Option Property 2"); and (C) --------------------------- the real property identified in the Option on Option Property 1, and the Option on Option Property 2.

Sale and Purchase of Property. Upon transfer of all of Seller’s right title and interest in the Properties to SPE, Seller agrees will sell to sell Buyer and convey to Purchaser, and Purchaser agrees to Buyer will purchase from Seller, at the price and upon the terms, provisions terms and conditions hereinafter set forth forth, all of Seller’s right, title and interest in and to the SPE. The term “Property” as used in this Agreement all those certain plots, pieces and parcels of land located in Jacksonville, Florida, as more particularly described in Exhibit A attached hereto and made a part hereof shall mean the following: (a) the "Land"), together with ; (i) all buildings and other improvements situated on the Land (collectively, the "Buildings"), (iib) all right, title and interest of each Seller in and to any buildings or other improvements situate on its Land (the “Improvements”), except as set forth in Article 19 below; (c) all right, title and interest of each Seller in and to all easements, rights of way, reservationsdevelopment rights, riparian rights, privileges, appurtenances, appurtenances and other estates rights pertaining to the its Land and the Buildings, Improvements; (iiid) all right, title and interest of each Seller, if any, in and to the fixtures, machinery, equipment, supplies articles of personal property and other articles improvements in the nature of personal property attached or appurtenant to to, or located on or used in connection with the use or operation of its Land or the BuildingsImprovements (the “Personal Property”), except as set forth in Article 19 below; (e) each Seller’s interest as landlord under the leases, and any other agreements to occupy all or a portion of its Property, which are listed on Exhibits “C-1” through “C-3”, attached hereto (collectively, the "Personal Property"“Leases”), ; (iv) all oil, gas and mineral rights of Seller, if any, in and to the Land, (vf) all right, title and interest of Seller, if any, in and to the trade name(s) of the Buildings, and (vi) all right, title and interest of Seller, if any, in and to all strips and gores, all alleys adjoining the Land to the center line thereof, and all right, title and interest of each Seller, if any, in and to any award made warranties, guarantees, service contracts and permits to which each Seller is a party or as to which it has the benefit, relating to its Property, to the extent assignable; and (g) an easement to maintain signage at the northeast corner of the intersection of Aircenter Drive and Xxxxxxx Road to be made transferred at Closing as set forth in lieu thereof and in and to any unpaid award for any taking by condemnation or any damages Article 20 below. Seller is not transferring to the Land SPE any rights of ingress and egress to and from the Properties over and across any easement areas on the adjacent property of Seller or on the Buildings by reason property of a change of grade of any street, road or avenue and (vii) all right, title and interest of Seller, if any, in and the Columbus Regional Airport Authority other than the one taxiway adjacent to the Leases (the Land, the Buildings and all of the foregoing items listed in clauses (i) - (vii) above being hereinafter sometimes collectively referred to as the "Premises")Trailer Lot.