AGREEMENT OF PURCHASE AND SALE OF SHOPPING CENTER (Lakeside Crossing, Lynchburg, Virginia)Purchase and Sale Agreement • May 30th, 2014 • Inland Real Estate Income Trust, Inc. • Real estate investment trusts • Virginia
This Agreement of Purchase and Sale of Shopping Center (the "Agreement") is dated as of the 4th day of October, 2013 (the “Effective Date”) and is entered into by the following parties:
ASSIGNMENT OF LEASESAssignment of Leases • May 30th, 2014 • Inland Real Estate Income Trust, Inc. • Real estate investment trusts
For and in consideration of Ten Dollars ($10.00) in hand paid, and other good and valuable considerations, the receipt and sufficiency of which are hereby acknowledged, LAKESIDE CROSSING LYNCHBURG, LLC, a Georgia limited liability company (“Assignor”), hereby assigns to IREIT LYNCHBURG LAKESIDE, L.L.C., a Delaware limited liability company (“Assignee”), and its successors or assigns, all of Assignor's right, title and interest in, to and under those certain leases described on Exhibit “B” attached hereto and made a part hereof (the “Leases”), which Leases relate to that certain real property legally described on Exhibit “A” attached hereto and made a part hereof (the “Property”). Assignor shall remain responsible and liable for all liabilities and expenses and landlord obligations relating to the Leases which occurred and accrued prior to the date of this Assignment. From and after the date hereof, (a) Assignor agrees to indemnify, protect, defend and hold Assignee, its respective dire
ASSIGNMENT AND ASSUMPTION OF AGREEMENT OF PURCHASE AND SALE OF SHOPPING CENTERAssignment and Assumption of Agreement of Purchase and Sale • May 30th, 2014 • Inland Real Estate Income Trust, Inc. • Real estate investment trusts
INLAND REAL ESTATE ACQUISITIONS, INC., an Illinois corporation (“Assignor”), has entered into the Agreement of Purchase and Sale of Shopping Center with the Lakeside Crossing Lynchburg, LLC, a Georgia limited liability company (“Seller”), dated as of October 4, 2013, for the purchase and sale of real property located in the City of Lynchburg, Virginia; as amended by First Amendment to Agreement of Purchase and Sale of Shopping Center between the same parties, dated as of November 19, 2013; as further amended by Second Amendment to Agreement of Purchase and Sale of Shopping Center, dated as of December 4, 2013; as further amended by Third Amendment to Agreement of Purchase and Sale of Shopping Center dated as of December 17, 2013; as further amended by Fourth Amendment to Agreement of Purchase and Sale of Shopping Center dated as of January 2, 2014; as further amended by Fifth Amendment to Agreement of Purchase and Sale of Shopping Center dated as of January 8, 2014; as further amended
POST CLOSING AGREEMENTPost Closing Agreement • May 30th, 2014 • Inland Real Estate Income Trust, Inc. • Real estate investment trusts
THIS POST CLOSING AGREEMENT (this "Agreement”) is executed as of the 23rd day of May, 2014, by and among LAKESIDE CROSSING LYNCHBURG, LLC, a Georgia limited liability company(“Seller”) and IREIT Lynchburg Lakeside, L.L.C., a Delaware limited liability company (“Buyer”).
