Common Contracts
1 similar Agreement of Sale contracts
ContractAgreement of Sale • May 5th, 2020
<DOCUMENT> <TYPE>EX-99 <SEQUENCE>2 <FILENAME>k92367exv99.txt <DESCRIPTION>AGREEMENT OF SALE <TEXT> <PAGE> EXHIBIT 99 AGREEMENT OF SALE THIS AGREEMENT OF SALE (the "AGREEMENT") is dated as of the "Effective Date" (defined below) between GIBRALTAR 1031 RESTAURANTS, LLC, a Delaware limited liability company, of P.O. Box 235169, Encinitas, California 92023 ("PURCHASER"), and CAPTEC FRANCHISE CAPITAL PARTNERS L.P. III, a Delaware limited partnership, of 24 Frank Lloyd Wright Drive, Lobby L, Fourth Floor, Ann Arbor, Michigan 48106 ("SELLER"). RECITALS Seller is the owner of certain real property and improvements thereon located at the address set forth in the Fundamental Sale Provisions below. Purchaser desires to purchase, and Seller is willing to sell said property upon the terms and conditions set out hereinafter. NOW, THEREFORE, in consideration of the terms, covenants and conditions set forth in this Agreement, Seller and Purchaser hereby agree as follows: 1. FUNDAMENTAL SALE PROVISIONS
