ASSET PURCHASE AGREEMENT BETWEEN PARC 7F-OPERATIONS CORPORATION, A FLORIDA CORPORATION, AS SELLER, AND CNL INCOME PROPERTIES, INC., A MARYLAND CORPORATION, AS PURCHASER DATED AS OF JANUARY 10, 2007Asset Purchase Agreement • March 8th, 2007 • CNL Income Properties Inc • Real estate investment trusts • New York
Contract Type FiledMarch 8th, 2007 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (“Agreement”) is made as of January 10, 2007 (the “Effective Date”), by and between Seller and Purchaser (each a “Party” and together the “Parties”).
LOAN AGREEMENTLoan Agreement • March 8th, 2007 • CNL Income Properties Inc • Real estate investment trusts • Florida
Contract Type FiledMarch 8th, 2007 Company Industry JurisdictionBY THIS LOAN AGREEMENT made and entered into as of the 22nd day of December, 2006, by EMERYVILLE MARINA, L.L.C., a Delaware limited liability company, whose address is c/o Marinas International, 11226 Indian Trail, Suite 200, Dallas, Texas 75229; and SCOTT’S MARINAS AT LAKE GRAPEVINE, LTD., a Texas limited partnership, whose address is c/o Marinas International, 11226 Indian Trail, Suite 200, Dallas, Texas 75229 (hereinafter individually a “Borrower” and collectively “Borrowers”); and CNL INCOME PARTNERS, LP, a Delaware limited partnership, whose address is CNL Center at City Commons, 450 South Orange Avenue, Orlando, Florida 32801-3336 (hereinafter called “Lender”), for and in consideration of the recitals and mutual promises contained herein, confirm and agree as follows:
AMENDMENT TO ASSET PURCHASE AGREEMENTAsset Purchase Agreement • March 8th, 2007 • CNL Income Properties Inc • Real estate investment trusts
Contract Type FiledMarch 8th, 2007 Company IndustryTHIS AMENDMENT TO ASSET PURCHASE AGREEMENT (this “Amendment”) is made and entered into as of January 9, 2007, by and among Trimont Land Company, a California corporation, Ski Lifts, Inc., a Washington corporation, DRE, L.L.C., a Delaware limited liability company, Loon Mountain Recreation Corporation, a New Hampshire corporation, Loon Realty Corp., a New Hampshire corporation, Sierra-at-Tahoe, Inc., a Delaware corporation, Booth Creek Resort Properties LLC, a Delaware limited liability company (“Newco”), CNL Income Partners, LP, a Delaware limited partnership, and The Talon Group, Orlando Services Division, a division of First American Title Company. Each of the foregoing parties shall hereinafter be collectively referred to as the “Parties.” Capitalized terms used herein but not otherwise defined herein have the meanings ascribed to them in the Asset Purchase Agreement.
SECOND AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • March 8th, 2007 • CNL Income Properties Inc • Real estate investment trusts • Delaware
Contract Type FiledMarch 8th, 2007 Company Industry JurisdictionBY THIS SECOND AMENDED AND RESTATED LOAN AGREEMENT made and entered into as of the 9th day of February, 2007, by CNL INCOME PALMETTO, LLC, a Delaware limited liability company, CNL INCOME SOUTH MOUNTAIN, LLC, a Delaware limited liability company, CNL INCOME BEAR CREEK, LLC, a Delaware limited liability company, CNL INCOME VALENCIA, LLC, a Delaware limited liability company, CNL INCOME WESTON HILLS, LLC, a Delaware limited liability company, CNL INCOME TALEGA, LLC, a Delaware limited liability company, CNL INCOME MANSFIELD, LLC, a Delaware limited liability company, CNL INCOME PLANTATION, LLC, a Delaware limited liability company, CNL INCOME FOSSIL CREEK, LLC, a Delaware limited liability company, CNL INCOME CANYON SPRINGS, LLC, a Delaware limited liability company, and CNL INCOME CINCO RANCH, LLC, a Delaware limited liability company, each with an address of 450 S. Orange Avenue, Orlando Florida 32801 (hereinafter individually a “Borrower” and collectively “Borrowers”), and SUN LIFE AS
CNL Income Properties, Inc. Schedule of Omitted AgreementsLease Agreement • March 8th, 2007 • CNL Income Properties Inc • Real estate investment trusts
Contract Type FiledMarch 8th, 2007 Company IndustryThe following lease agreements have not been filed as exhibits to this Post-Effective Amendment No. Five to the Registration Statement pursuant to Instruction 2 of Item 601 of Regulation S-K: