ASSIGNMENT OF AGREEMENT OF SALE
This Assignment Agreement of Sale (this "ASSIGNMENT") is made to be
effective as of December 21, 2005, by HARVARD PROPERTY TRUST, LLC, a Delaware
limited liability company ("ASSIGNOR"), and BEHRINGER HARVARD OPERATING
PARTNERSHIP I LP, a Texas limited partnership ("ASSIGNEE
BACKGROUND
A. Assignor, as Purchaser, has entered into that certain Agreement
of Sale dated as of December 20, 2005 (the "AGREEMENT"), with Woodcrest Road
Associates, L.P., a Pennsylvania limited partnership ("WRAAP"), Woodcrest Road
Urban Renewal, LLC, a New Jersey limited liability company ("WRUR"), and the
other Owners specified in the Agreement collectively as Seller, in respect of
the purchase of all of the limited partnership interest in WRAAP and all of the
limited liability company membership interests of WRUR as the owners of Unit B,
111 Woodcrest Condominium located in Cherry Hill, New Jersey, as more
particularly described in the Agreement.
B. Assignor desires to assign all of its interest in the Agreement
to Assignee and Assignee desires to accept the assignment.
AGREEMENT
For good and valuable consideration, receipt of which is acknowledged,
Assignor assigns to Assignee all of Assignor's interest in the Agreement.
Assignee accepts the assignment and assumes and shall perform all of Assignor's
duties as Purchaser under the Agreement.
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EXHIBIT A
EXECUTED to be effective as of the day and year first above written.
ASSIGNOR:
HARVARD PROPERTY TRUST, LLC,
a Delaware limited liability company
By:
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Name: Xxxxxx X. Xxxxxxx, III
Title: Executive Vice President
ASSIGNEE:
BEHRINGER HARVARD OPERATING
PARTNERSHIP I LP,
a Texas limited partnership
By: Behringer Harvard REIT I,
Inc., its general partner
By:
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Name: Xxxxxx X. Xxxxxxx, III
Title: Secretary
EXHIBIT A
