1
EXHIBIT 10.27.2
ASSIGNMENT OF LEASE
OF
VENTURE - AUTOSTYLE LEASE AGREEMENT
This ASSIGNMENT made as of the Ist day of September, 1996, by and among:
Venture Holdings Trust ("Assignor") , whose business address in 33662 ▇▇▇▇▇ ▇.
▇▇▇▇▇ Dr.,
Fraser, Michigan,
and Venture Western Michigan Ltd. ("Assignee"), whose business address is 33662
▇▇▇▇▇ ▇. ▇▇▇▇▇ Dr., Fraser, Michigan;
WITNESS:
1. By this ASSIGNMENT, Assignor does hereby transfer and assign to Assignee,
which is a new Corporation which will be an S Corporation ALL OF VENTURE'S
RIGHT, TITLE, AND INTEREST IN AND TO, AND RELATED OBLIGATIONS (the "Related
Obligations"), those assets acquired as a result of that certain agreement (the
"Venture - AutoStyle Lease Agreement") entered into on and amended as of the
2nd day of June, 1996, by and between Venture and AutoStyle Plastics, Inc.,
whose business address was ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
("AutoStyle") [together, such parties being the "AutoStyle Parties" and such
acquired interest being the "AutoStyle Assets"] and any and all related
obligations in those assets acquired, including, but not limited to, the
following (whether or not Venture's rights to the same arise from the Venture -
AutoStyle Lease Agreement or otherwise:
(i) The Venture - AutoStyle Lease Agreement itself;
(ii) The "Real Estate Lease" between the AutoStyle Parties concerning
certain property in Hopkinsville, Ky. and dated as of June 2, 1996;
(iii) The "Personal Property Lease" between the AutoStyle Parties
concerning certain property owned by AutoStyle and dated as of June 2,
1996;
(iv) The Lease Agreement concerning the ▇▇▇▇▇▇▇-Kentucky Warehouse #2 by
and between Hopkinsville Associates Limited Partnership and AutoStyle
whose last extension date was January 1, 1996;
(v) The Real Estate Lease concerning ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇▇, between ▇▇▇▇ ▇▇▇▇▇, Inc. and AutoStyle;
(vi) The ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇, Inc. Lease concerning premises located at ▇▇▇▇
▇▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ between ▇▇▇▇▇▇-▇▇▇▇▇▇▇▇, Inc. and
Venture;
2
but in any case not including any and all purchase orders and supply agreements
entered into by and between Venture and/or its agent, Venture Grand Rapids
L.L.C. and any customer [together, such interest being assigned is herein
referred to as the "Assigned Interest"].
2. By this ASSIGNMENT, Assignee:
(a) accepts the assignment of such AutoStyle Assets, and
(b) agrees to be liable for the Related Obligations, and
(c) agrees to hold Assignor harmless from any and all costs or
liabilities which arise as a result of Assignee's performance of or
failure to perform such obligations.
3. This ASSIGNMENT shall act as delivery of said property and shall be without
any exception, limitation or reservation of any kind.
IN WITNESS WHEREOF, the parties have set their hands the day and year first
above written.
VENTURE HOLDINGS TRUST
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
-----------------------
Its:
----------------------
VENTURE WESTERN MICHIGAN LTD.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
------------------------
Its:
-----------------------
