AGREEMENT AND PLAN OF MERGER among U.S. Restaurant Properties, Inc., Ivanhoe Acquisition XVI, LLC and CNL Income Fund XVI, Ltd. dated as of August 9, 2004Merger Agreement • August 9th, 2004 • CNL Income Fund Xvi LTD • Real estate • Maryland
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of August 9, 2004, is by and among U.S. Restaurant Properties, Inc., a Maryland corporation (the “Company”), Ivanhoe Acquisition XVI, LLC, a Maryland limited liability company (“Acquisition LLC”), and CNL Income Fund XVI, Ltd., a Florida limited partnership (the “Fund”). The Company, Acquisition LLC, and the Fund are referred to collectively herein as the “Parties” and individually as a “Party.”
