Exhibit 10.6
Fifth Amendment to
Purchase and Sale Contract
(Serramonte Plaza)
This Fifth Amendment To Purchase and Sale Contract (this "Amendment") is
entered into as of December 15, 1999, by and between SERRAMONTE PLAZA, a
California limited partnership ("Seller") and STRATEGIC ACQUISITION CORPORATION,
a Delaware corporation ("Purchaser"), with respect to an escrow established with
Fidelity National Title Insurance Company.
Reference is made to that certain Purchase and Sale Contract dated as of
July 6, 1999 between Purchaser and Seller, as amended by that certain First
Amendment to Purchase and Sale Contract dated as of August 13, 1999; that
certain Second Amendment to Purchase and Sale Contract dated as of September 13,
1999; that certain Third Amendment to Purchase and Sale Contract dated as of
November 12, 1999; and that certain Fourth Amendment to Purchase and Sale
Contract dated as of November 30, 1999 (as so amended, the "Contract").
Capitalized terms not otherwise defined herein shall have the meanings ascribed
to them in the Contract.
Purchaser and Seller desire to amend the Contract pursuant to the terms set
forth below.
NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Contract is hereby amended as follows:
1. Closing Date. The Closing Date is hereby extended from December 15,
1999 to December 16, 1999.
2. Counterparts. This Amendment may be executed in counterparts, each of
which when compiled together shall constitute one and the same original.
3. No Other Modifications. Except as expressly modified hereby, all
terms and conditions of the Contract remain unmodified and in full force and
effect.
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IN WITNESS WHEREOF, Seller and Purchaser have entered into this Amendment
as of the date written above.
"Seller"
SERRAMONTE PLAZA, a California limited partnership
By: GP Services XVII, Inc., a South Carolina corporation, Its General Partner
By:
Its:
"Purchaser"
STRATEGIC ACQUISITION CORPORATION, a Delaware corporation
By:
Its:
