ASSET SALE AND PURCHASE AGREEMENTAsset Sale and Purchase Agreement • February 1st, 2012 • GTJ REIT, Inc. • Real estate investment trusts • New York
THIS ASSET SALE AND PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of December 27, 2011 by and among Purchaser, Seller and Parent. The term “Purchaser” shall be construed to mean and include any Affiliate or Subsidiary of Triangle Services, Inc. to which it, in its sole and absolute discretion, assigns its rights hereunder on or before the Closing Date, provided that Triangle Services, Inc. shall remain liable for the performance of the obligations of the Purchaser hereunder. The Purchaser, Seller and Parent are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”
