Exhibit 10.106
Promenade at Red Cliff
ASSIGNMENT
This Assignment is made as of the 13th day of February 2004 by INLAND REAL
ESTATE ACQUISITIONS, INC., an Illinois corporation ("Assignor") to and for the
benefit of INLAND WESTERN ST. XXXXXX, L.L.C., a Delaware limited liability
company ("Assignee").
Assignor does hereby sell, assign, transfer, set over and convey unto
Assignee all of its right, title and interest as Buyer under that certain
Purchase and Sales Agreement dated December 17, 2003, as amended and entered
into by Promenade at Red Cliff, a California limited partnership, as seller, and
Assignor, as Buyer (collectively, the "Agreement"), for the sale and purchase of
the property commonly known as Promenade at Red Cliff Shopping Center, located
in St. Xxxxxx, Utah.
Assignor represents and warrants that it is the Buyer under the Agreement,
and that it has not sold, assigned, transferred, or encumbered such interest in
any way to any other person or entity. By acceptance hereof, Assignee accepts
the foregoing assignment and agrees, from and after the date hereof, to (i)
perform all of the obligations of Buyer under the Agreement, and (ii) indemnify,
defend, protect and hold Assignor harmless from and against all claims and
liabilities arising under the Agreement.
IN WITNESS WHEREOF, Assignor and Assignee have executed this instrument as
of the date first written above.
ASSIGNOR:
INLAND REAL ESTATE ACQUISITIONS, INC.
an Illinois corporation
By: /s/ Xxxxxx Xxxxxxxx-Xxx
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Name: Xxxxxx Xxxxxxxx-Xxx
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As Its: Authorized Agent
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ASSIGNEE:
INLAND WESTERN ST. XXXXXX, L.L.C.,
a Delaware limited liability company
By: Inland Western Retail Real Estate Trust, Inc.,
a Maryland corporation
By: /s/ Xxxxxxx Xxxxxxxxxx
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Name: Xxxxxxx Xxxxxxxxxx
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As Its: Authorized Agent
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