FIRST AMENDMENT TO AGREEMENT OF PURCHASE AND SALE
DATED OCTOBER 10, 1996
BY AND BETWEEN
VESTAR DEVELOPMENT CO., an Arizona corporation, ("PURCHASER")
and
GLENDALE FASHION CENTER LIMITED PARTNERSHIP,
an Illinois limited partnership ("SELLER")
RECITALS
A. The parties have entered into the above-described Agreement of
Purchase and Sale ("Agreement").
B. The parties now wish to amend their agreement in the manner set forth
below.
NOW, THEREFORE, the parties agree as follows:
1. The reference to "5:00 p.m. Chicago time on November 8, 1996" in
the second line of Section 7.1 of the Agreement is deleted and "4:00 p.m.
Chicago time on November 26, 1996" is substituted therefor.
2. Except as modified herein, the Agreement, as amended by this
Amendment, shall remain in full force and effect.
3. The effective date of this Amendment is November 8, 1996.
SELLER: GLENDALE FASHION CENTER
LIMITED PARTNERSHIP, an Illinois limited
partnership
By: /s/ Xxxxx X. Xxxxxxxxx
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Name: Xxxxx X. Xxxxxxxxx
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Its: Authorized Representative
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PURCHASER: VESTAR DEVELOPMENT CO.,
an Arizona corporation
By: /s/ Xxxxxxx X. Xxxxx
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Name: Xxxxxxx X. Xxxxx
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Its: Senior Vice President
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