ESCROW AGREEMENT (Earn Out Purchase Price – Pick’n Save Center)Escrow Agreement • July 17th, 2014 • Inland Real Estate Income Trust, Inc. • Real estate investment trusts • Wisconsin
This Escrow Agreement (this “Agreement”) is entered into as of the 11th day of July, 2014, by and between SOUTH MAIN CENTER, INC., a Wisconsin corporation (“Seller”), and IREIT WEST BEND MAIN, L.L.C., a Delaware limited liability company (“Purchaser”), and Chicago Title Insurance Company (“Escrow Agent”).
POST CLOSING AND INDEMNITY AGREEMENTPost Closing and Indemnity Agreement • July 17th, 2014 • Inland Real Estate Income Trust, Inc. • Real estate investment trusts
THIS POST CLOSING AND INDEMNITY AGREEMENT (“Agreement”) is dated this 11th of July, 2014 by SOUTH MAIN CENTER, INC., a Wisconsin corporation (“Seller”), and IREIT WEST BEND MAIN, L.L.C., a Delaware limited liability company (“Purchaser”) in connection with the acquisition of the Pick’n Save Center in West Bend, Wisconsin (referred to as the “Property” as defined in that certain Purchase and Sale Agreement dated April 4, 2014 (as amended, “Contract”) by and between Seller and Purchaser’s predecessor-in-interest, Inland Real Estate Acquisitions, Inc. (“Inland”).
ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENTAssignment and Assumption of Purchase and Sale Agreement • July 17th, 2014 • Inland Real Estate Income Trust, Inc. • Real estate investment trusts
For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the undersigned, Inland Real Estate Acquisitions, Inc., an Illinois corporation, (“Assignor”), hereby assigns to IREIT West Bend Main, L.L.C., a Delaware limited liability company (“Assignee”), all of Assignor’s right, title and interest as a party to that certain Purchase and Sale Agreement dated April 4, 2014 (as amended, the “Purchase Agreement”) by and between Assignor, as the buyer, and South Main Center, Inc., a Wisconsin corporation, as the seller, with respect to the purchase and sale of certain real property and improvements listed on Exhibit A attached hereto and as further described in the Purchase Agreement (“Property”).
ASSIGNMENT OF LEASES INTANGIBLE PERSONAL PROPERTY AND SERVICE CONTRACTS AND BILL OF SALEAssignment of Leases, Intangible Personal Property and Service Contracts and Bill of Sale • July 17th, 2014 • Inland Real Estate Income Trust, Inc. • Real estate investment trusts
This instrument is executed and delivered as of the 11th day of July, 2014 pursuant to that certain Purchase and Sale Agreement (as amended, the “Agreement”) dated April 4, 2014, by and between SOUTH MAIN CENTER, INC., a Wisconsin corporation (“Seller”), and IREIT WEST BEND MAIN, L.L.C., a Delaware limited liability company (“Purchaser”), covering the real property described in Exhibit A attached hereto (“Real Property”).
