ContractMaster Sale-Leaseback Agreement • May 5th, 2020 • Arizona
Contract Type FiledMay 5th, 2020 JurisdictionEX-10.5 6 ex105q32017.htm EXHIBIT 10.5 Exhibit 10.5 MASTER SALE-LEASEBACK AGREEMENT THIS MASTER SALE-LEASEBACK AGREEMENT (this “Agreement”) dated November 3, 2017 (the “Effective Date”), by and between CARVANA, LLC, an Arizona limited liability company, (hereinafter referred to as “Carvana”) and VMRE, LLC, a Delaware limited liability company (hereinafter referred to as “VMRE”) (each a “Party” and, collectively, the “Parties”). R E C I T A L S Carvana owns fee title or has a valid ground lease interest in certain real property (each an “Existing Parcel” and, collectively, the “Existing Parcels”) and, from time to time from and after the Effective Date, Carvana may identify additional real property to be purchased or ground leased pursuant to the terms and conditions set forth in this Agreement (each a “New Parcel” and collectively the “New Parcels”). Carvana has constructed improvements on each Existing Parcel (exclusive of any USTs, the “Existing Improvements”) and intends to construc
MASTER SALE-LEASEBACK AGREEMENTMaster Sale-Leaseback Agreement • November 7th, 2017 • Carvana Co. • Retail-auto dealers & gasoline stations • Arizona
Contract Type FiledNovember 7th, 2017 Company Industry JurisdictionTHIS MASTER SALE-LEASEBACK AGREEMENT (this “Agreement”) dated November 3, 2017 (the “Effective Date”), by and between CARVANA, LLC, an Arizona limited liability company, (hereinafter referred to as “Carvana”) and VMRE, LLC, a Delaware limited liability company (hereinafter referred to as “VMRE”) (each a “Party” and, collectively, the “Parties”).