CONSENT TO ASSIGNMENT OF GROUND SUBLEASEConsent to Assignment of Ground Sublease • June 1st, 2017
The CITY OF BREA, as landlord (“Landlord”), pursuant to that certain Attornment Agreement, dated as of April 5, 2016, with respect to that certain Ground Sublease dated in March, 1989, with Brea Hotel Joint Venture as initial subtenant, as amended by amendments dated August 20, 1996 and April 17, 2012 (the “Ground Sublease”) subject to and specifically conditioned upon the following terms and conditions, hereby grants its consent (“Consent”) to the assignment of the Ground Sublease described in that certain Assignment and Assumption Agreement entered into, or proposed to be entered into, by and between Nesbitt Partners Brea Ventures, Ltd., a California limited partnership, as assignor (“Assignor”), and Brea PropCo LLC, a Delaware limited liability company, as assignee (“Assignee”), a copy of the form of which is attached hereto as Exhibit “A” (the “Assignment”). Capitalized terms used herein but not defined shall have the meanings ascribed thereto in the Ground Sublease.
