Common Contracts

ASSIGNMENT AND ASSUMPTION OF FEE IN LIEU OF TAX AND INCENTIVE AGREEMENT

Assignment and Assumption • November 23rd, 2021 • South Carolina

• Contract Type
  Assignment and Assumption
• Filed
  November 23rd, 2021
• Jurisdiction
  South Carolina

AGREEMENT (this “Assignment and Assumption Agreement”) is made and entered into as of December 7, 2021 by and between GREENVILLE COUNTY, SOUTH CAROLINA (the “County”), a body politic and corporate and a political subdivision of the State of South Carolina (the “State”), acting by and through the Greenville County Council (the “County Council”) as the governing body of the County, NHT AUGUSTA GROVE 17, LLC, a limited liability company organized and existing under the laws of the State of Delaware (“Assignor”), and STAG INDUSTRIAL HOLDINGS, LLC, a limited liability company organized and existing under the laws of the State of Delaware (“Assignee”), to be effective as of the Conveyance Date (as defined below).