EX-10.25 18 afco-ex1025_911.htm EX-10.25 ISAAK, COLEMAN, AND PORTER RANCHES PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONSRanches Purchase and Sale Agreement and Joint Escrow Instructions • May 5th, 2020 • California
Contract Type FiledMay 5th, 2020 JurisdictionThis Purchase and Sale Agreement and Joint Escrow Instructions (the “Agreement”) dated December 9, 2015 (the “Reference Date”), to be effective on the date when all parties have executed it, which date shall be noted on the signature page hereto (the “Effective Date”), is made and entered into by and between CACTUS CORNER, LLC, a California limited liability company (“Seller”), and WATERMAN (CA) LLC, a Delaware limited liability company (“Waterman”) and STONEMAN (CA) LLC, a Delaware limited liability company (“Stoneman”), or their Authorized Assignees as herein provided (collectively, “Buyer”). For convenience, Buyer and Seller are sometimes referred to herein collectively as the “Parties” and individually as a “Party.” This Agreement is made with respect to the following facts and circumstances which the Parties affirm as true and accurate: