Common use of Parallel agreements Clause in Contracts

Parallel agreements. A separate affiliate of Seller and Purchaser have entered into four additional separate Purchase and Sale Agreements as of the Effective Date (collectively, the "Parallel Agreements" and each, a "Parallel Agreement") relating to the sale of certain real and personal property commonly known as: Regency at North Richland Hills in North Richland Hills, Texas ("North Hills"), Regency by the Vineyard in Euless, Texas ("Vineyard"), Foundations by the Vineyard in Euless, Texas ("Foundation"), and Regency by the Lake in Coppell, Texas ("Lake"). The Parallel Agreements for North Hills and Lake and this Contract are collectively referenced as the "Tranche A Contracts". The Parallel Agreements for Vineyard and Foundation are collectively referenced as the "Tranche B Contracts" Seller and Purchaser agree as follows with regard to the Parallel Agreements: Purchase and Sale Agreement15233083_2 2

Parallel agreements. A separate affiliate of Seller and Purchaser have entered into four additional separate Purchase and Sale Agreements as of the Effective Date (collectively, the "Parallel Agreements" and each, a "Parallel Agreement") relating to the sale of certain real and personal property commonly known as: Regency at North Richland Hills in on the Green, North Richland Hills, Texas ("North HillsGreen"), Regency by the Vineyard in Euless, Texas ("Vineyard"), Foundations by the Vineyard in Euless, Texas ("Foundation"), and Regency by the Lake in Coppell, Texas ("Lake"). The Parallel Agreements for North Hills Green and Lake and this Contract are collectively referenced as the "Tranche A Contracts". The Parallel Agreements for Vineyard and Foundation are collectively referenced as the "Tranche B Contracts" Seller and Purchaser agree as follows with regard to the Parallel Agreements: Purchase and Sale Agreement15233083_2 Agreement15233094_2 2

Parallel agreements. A separate affiliate of Seller and Purchaser have entered into four additional separate Purchase and Sale Agreements as of the Effective Date (collectively, the "Parallel Agreements" and each, a "Parallel Agreement") relating to the sale of certain real and personal property commonly known as: Regency at North Richland Hills in North Richland Hills, Texas ("North Hills"), Regency by on the Vineyard in EulessGreen, North Richland Hills, Texas ("VineyardGreen"), Foundations by the Vineyard in Euless, Texas ("Foundation"), and Regency by the Lake in Coppell, Texas ("Lake"). The Parallel Agreements for North Hills and Hills, Lake and this Contract Green are collectively referenced as the "Tranche A Contracts". The Parallel Agreements for Vineyard this Contract and Foundation are collectively referenced as the "Tranche B Contracts" Seller and Purchaser agree as follows with regard to the Parallel Agreements: Purchase and Sale Agreement15233083_2 Agreement15233085_2 2

Parallel agreements. A separate affiliate of Seller and Purchaser have entered into four additional separate Purchase and Sale Agreements as of the Effective Date (collectively, the "Parallel Agreements" and each, a "Parallel Agreement") relating to the sale of certain real and personal property commonly known as: Regency at North Richland Hills in on the Green, North Richland Hills, Texas ("North HillsGreen"), Regency by the Vineyard in Euless, Texas ("Vineyard"), Foundations by the Vineyard in Euless, Texas ("Foundation"), and Regency by the Lake in Coppell, Texas ("Lake"). The Parallel Agreements for North Hills Green and Lake and this Contract are collectively referenced as the "Tranche A Contracts". The Parallel Agreements for Vineyard and Foundation are collectively referenced as the "Tranche B Contracts" Seller and Purchaser agree as follows with regard to the Parallel Agreements: Purchase and Sale Agreement15233083_2 Agreement 15233094_2 2

Parallel agreements. A separate affiliate of Seller and Purchaser have entered into four additional separate Purchase and Sale Agreements as of the Effective Date (collectively, the "Parallel Agreements" and each, a "Parallel Agreement") relating to the sale of certain real and personal property commonly known as: Regency at North Richland Hills in North Richland Hills, Texas ("North Hills"), Regency on the Green, North Richland Hills, Texas ("Green"), Regency by the Vineyard in Euless, Texas ("Vineyard"), and Foundations by the Vineyard in Euless, Texas ("Foundation"), and Regency by the Lake in Coppell, Texas ("Lake"). The Parallel Agreements for North Hills and Lake Green and this Contract are collectively referenced as the "Tranche A Contracts". The Parallel Agreements for Vineyard and Foundation are collectively referenced as the "Tranche B Contracts" Seller and Purchaser agree as follows with regard to the Parallel Agreements: Purchase and Sale Agreement15233083_2 2:

Parallel agreements. A separate affiliate of Seller and Purchaser have entered into four additional separate Purchase and Sale Agreements as of the Effective Date (collectively, the "Parallel Agreements" and each, a "Parallel Agreement") relating to the sale of certain real and personal property commonly known as: Regency at North Richland Hills in North Richland Hills, Texas ("North Hills"), Regency on the Green, North Richland Hills, Texas ("Green"), Regency by the Vineyard in Euless, Texas ("Vineyard"), Foundations by the Vineyard in Euless, Texas ("Foundation"), and Regency by the Lake in Coppell, Texas ("Lake"). The Parallel Agreements for North Hills and Hills, Lake and this Contract Green are collectively referenced as the "Tranche A Contracts". The Parallel Agreements for Vineyard and Foundation this Contract are collectively referenced as the "Tranche B Contracts" Seller and Purchaser agree as follows with regard to the Parallel Agreements: Purchase and Sale Agreement15233083_2 2: