AGREEMENT FOR SALE AND PURCHASEAgreement for Sale and Purchase • July 6th, 2006 • Carey W P & Co LLC • Real estate • New York
THIS AGREEMENT FOR SALE AND PURCHASE (“Agreement”) made and entered into by and among Corporate Property Associates 12 Incorporated, a Maryland corporation (“CPA:12”), and the entities listed on Schedule 1 attached hereto and incorporated herein (individually, a “Seller”, and together, the “Sellers”), each of whose address for purposes of this Agreement is c/o Corporate Property Associates 12 Incorporated, 50 Rockefeller Plaza, New York City, NY 10020, CAREY ASSET MANAGEMENT CORP., a Delaware corporation (“CAM”), and W.P. CAREY & CO. LLC, a Delaware limited liability company, (the “Buyer”) on behalf of single purpose entities to be formed for the purpose of acquiring the Properties (as defined below) and assuming the Assumable Loans (as defined below) (collectively, the “SPV Purchasers” and individually, a “SPV Purchaser”) whose address is 50 Rockefeller Plaza, New York City, NY 10020.
