FIRST AMENDMENT TO SHOPPING CENTER PURCHASE AGREEMENTShopping Center Purchase Agreement • November 12th, 2010 • Phillips Edison - ARC Shopping Center REIT Inc. • Real estate investment trusts
THIS FIRST AMENDMENT TO SHOPPING CENTER PURCHASE AGREEMENT (“Amendment”) is made October 4, 2010 by and between PHILLIPS EDISON GROUP LLC, an Ohio limited liability company (“Purchaser”), and EIG SNOW VIEW PLAZA, LLC, an Indiana limited liability company (“Seller”).
SHOPPING CENTER PURCHASE AGREEMENT (SNOW VIEW PLAZA, PARMA, OHIO)Shopping Center Purchase Agreement • November 12th, 2010 • Phillips Edison - ARC Shopping Center REIT Inc. • Real estate investment trusts
THIS SHOPPING CENTER PURCHASE AGREEMENT (“Agreement”) is made as of the Effective Date (as defined below) by and between EIG SNOW VIEW PLAZA, LLC (“Seller”), and PHILLIPS EDISON GROUP LLC, an Ohio limited liability company (“Purchaser”).
ASSIGNMENT AND ASSUMPTION OF RIGHTS UNDER SHOPPING CENTER PURCHAE AGREEMENTAssignment and Assumption • November 12th, 2010 • Phillips Edison - ARC Shopping Center REIT Inc. • Real estate investment trusts
For good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, PHILLIPS EDISON GROUP LLC, an Ohio limited liability company (“Assignor”), hereby assigns, transfers and sets over to SNOW VIEW STATION LLC (“Assignee”), all of Assignor’s right, title, and interest as Purchaser in and to that certain Shopping Center Purchase Agreement dated August 26, 2010, as amended (“Agreement”) with EIG Snow View Plaza, LLC, an Indiana limited liability company (“Seller”), as seller, with respect to the land and improvements thereon located in Parma, Ohio, more particularly described in the Agreement, including, but not limited to, its right, title and interest in and to the Deposit (as defined in the Agreement).
