Partial Assignment and Assumption of Fee in Lieu of Tax Agreement Sample Contracts

PARTIAL ASSIGNMENT AND ASSUMPTION OF FEE IN LIEU OF TAX AGREEMENT
Partial Assignment and Assumption of Fee in Lieu of Tax Agreement • January 6th, 2022 • South Carolina

AGREEMENT (this “Assignment Agreement”) is made and entered into effective as of the 31st day of December, 2021 (with the partial assignment and assumption of the FILOT Agreement contemplated by this Assignment Agreement having effect as of the Closing Date, as defined herein), by and among SOUTHCHASE WILSON BRIDGE, LLC, a Georgia limited liability company (“Original Owner”), NHT SOUTHCHASE, LLC, a Delaware limited liability company, (“Assignor”), MDH F1 GREENVILLE SOUTHCHASE, LLC, a Delaware limited liability company (“Assignee”), and GREENVILLE COUNTY, SOUTH CAROLINA, a body politic and corporate and political subdivision of the State of South Carolina (the “County”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the FILOT Agreement (as that term is defined below).

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PARTIAL ASSIGNMENT AND ASSUMPTION OF FEE IN LIEU OF TAX AGREEMENT
Partial Assignment and Assumption of Fee in Lieu of Tax Agreement • July 6th, 2022 • South Carolina

, 2022 (with an effective date as of the Closing Date, as defined herein), by and among SOUTHCHASE WILSON BRIDGE, LLC, a Georgia limited liability company (“Assignor”), AE WW LLC, an Oklahoma limited liability company and AE MAGNOLIA LP, a California limited partnership (collectively “Assignee”), and GREENVILLE COUNTY, SOUTH CAROLINA, a body politic and corporate and political subdivision of the State of South Carolina (the “County”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the FILOT Agreement (as that term is defined below).

PARTIAL ASSIGNMENT AND ASSUMPTION OF FEE IN LIEU OF TAX
Partial Assignment and Assumption of Fee in Lieu of Tax Agreement • June 7th, 2023

WHEREAS, pursuant to the authorization granted under Title 12, Chapter 44 (the “FILOT Act”) of the Code of Laws of South Carolina, 1976, as amended (the “Code”), Assignor is a party to that certain Fee in Lieu of Tax Agreement dated December 1, 2013 (the “FILOT Agreement”), originally by and among Assignor as the operating company, BBW Properties, LLC as the landlord, and Greenville County (the “County”), acting by and through its County Council (the “County Council”), which provided for certain benefits and incentives as inducements for economic development within the County;

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