SOUTH CRE VENTURE 2010-2 LIMITED LIABILITY COMPANY INTEREST SALE AND ASSIGNMENT AGREEMENT by and among HRC SVC SOUTH 2010 LLC, FEDERAL DEPOSIT INSURANCE CORPORATION, AS RECEIVER WITH RESPECT TO THE SEPARATE RECEIVERSHIPS FOR EACH OF THE VARIOUS FAILED...Interest Sale and Assignment Agreement • May 5th, 2020 • Delaware
Contract Type FiledMay 5th, 2020 JurisdictionTHIS LIMITED LIABILITY COMPANY INTEREST SALE AND ASSIGNMENT AGREEMENT (this "Agreement") is made as of December 2, 2010, by and among HRC SVC SOUTH 20 I 0 LLC , a limited liability company organized and existing under the laws of Delaware (the "Private Owner"), and the Federal Deposit Insurance Corporation (in any capacity, the "FDIC"), in its separate capacities as receiver with respect to the separate receiverships for each ofthe various failed financial institutions listed on Schedule I hereto (including its successors and assigns thereto) (collectively, the "Initial Member"), and South CRE Venture 20 I 0-2, LLC, a limited liability company organized and existing under the laws of Delaware (the "Company"). Capitalized terms used and not defined in this Agreement shall have the respective meanings set forth in the South CRE Venture 2010-2 Structured Transaction-Agreement of Common Definitions entered into on the Closing Date by and among the Private Owner, the Initial Member, the FDI