OFFICE LEASE AGREEMENT BY AND BETWEEN THE WELLS FUND XI – FUND XII – REIT JOINT VENTURE AND BLUE CROSS AND BLUE SHIELD OF KANSAS CITY 20/20 BUILDINGOffice Lease Agreement • March 28th, 2007 • Wells Real Estate Fund Xi L P • Real estate dealers (for their own account)
THIS OFFICE LEASE AGREEMENT (this “Lease”) is dated as of the 18th day of December, 2006, by and between The Wells Fund XI – Fund XII – REIT Joint Venture (“Landlord”), and Blue Cross and Blue Shield of Kansas City, a Missouri health services corporation (“Tenant”).
GUARANTYWells Real Estate Fund Xi L P • March 28th, 2007 • Real estate dealers (for their own account)
As a material inducement to Landlord to enter into the Lease dated December 18, 2006 (the “Lease”), between The EPOCH Group, L.C., as Tenant, and The Wells Fund XI – Fund XII – REIT Joint Venture, as Landlord, Blue Cross and Blue Shield of Kansas City, a Missouri health services corporation (“Guarantor”), hereby unconditionally and irrevocably guarantees the complete and timely payment and performance of each obligation of Tenant (and any assignee) under the Lease and any extensions or renewals of and amendments to the Lease. This Guaranty is an absolute, primary, and continuing, guaranty of payment and performance and is independent of Tenant’s obligations under the Lease. Guarantor shall be primarily liable, jointly and severally, with Tenant and any other guarantor of Tenant’s obligations. Guarantor waives any right to require Landlord to (a) join Tenant with Guarantor in any suit arising under this Guaranty, (b) proceed against or exhaust any security given to secure Tenant’s oblig
