INTEREST PURCHASE AGREEMENT by and among ERP OPERATING LIMITED PARTNERSHIP and THE SELLERS THAT ARE PARTIES HERETO May 24, 2012Interest Purchase Agreement • May 25th, 2012 • Erp Operating LTD Partnership • Real estate investment trusts • Delaware
This Interest Purchase Agreement (this “Agreement”) is made effective as of May 24, 2012, by and among ERP Operating Limited Partnership, an Illinois limited partnership (“Buyer”), and each of BIH ASN LLC (“BIH”), Archstone Equity Holdings Inc. (“AEH” and, collectively with BIH, “Barclays”), Bank of America, N.A. (“BANA”) and Banc of America Strategic Ventures, Inc. (“BofA Strategic”, and, collectively with BANA, “Bank of America”). Barclays and Bank of America are sometimes referred to herein as “Sellers” and, each, a “Seller.” Buyer and Sellers are sometimes referred to herein as the “Parties” and each, a “Party.”
