PURCHASE AND SALE AGREEMENT dated as of October 31, 2005 by and among KSL RECREATION HOLDINGS I, LLC KSL RECREATION MANAGEMENT OPERATIONS, LLC as Sellers and SHC DEL CORONADO, L.L.C. as PurchaserPurchase and Sale Agreement • November 3rd, 2005 • Strategic Hotel Capital Inc • Real estate investment trusts • California
THIS PURCHASE AND SALE AGREEMENT (this "Agreement") is made as of October 31, 2005 (the "Effective Date"), by and among KSL Recreation Holdings I, LLC, a Delaware limited liability company ("KSL"), KSL Recreation Management Operations, LLC, a Delaware limited liability company ("KSL Management") (KSL and KSL Management, each a "Seller" and collectively, the "Sellers"), and SHC Del Coronado, L.L.C., a Delaware limited liability company ("Purchaser").
