Subordination and Cross-Default Agreement Sample Contracts

AFFILIATED PARTY SUBORDINATION AND CROSS-DEFAULT AGREEMENT
Subordination and Cross-Default Agreement • November 2nd, 2009 • Cole Credit Property Trust III, Inc. • Real estate investment trusts • Florida

THIS AGREEMENT is made as of the 31 day of August, 2009 by those entities shown on Schedule “A” attached hereto (each a “Borrower” and jointly and severally, “Borrowers”); COLE REIT III OPERATING PARTNERSHIP, LP, a Delaware limited partnership (“Cole REIT”) and JACKSON NATIONAL LIFE INSURANCE COMPANY, a Michigan corporation (“Lender”).

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