AGREEMENT AND INSTRUMENT OF ASSIGNMENT AND ASSUMPTION Dated as of May 31, 1997 The parties to this agreement and instrument of assignment and assumption (the "Agreement") are XRC Corp., a Delaware corporation ("LP"), and Pembroke Capital II LLC, a...Agreement and Instrument • June 19th, 1997 • Herrick Feinstein LLP /Fa • Real estate
The parties to this agreement and instrument of assignment and assumption (the "Agreement") are XRC Corp., a Delaware corporation ("LP"), and Pembroke Capital II LLC, a Nevada limited liability company (the "Purchaser").This Agreement is one of the Other Agreements referred to in the agreement and instrument of assignment and assumption dated as of this date among Resources High Cash, Inc., a Delaware corporation ("RHCI"), the Associate GP, the LP and Pembroke HCP LLC, a Nevada limited liability company ("Pembroke") (the "Main Agreement"). Unless the context otherwise requires, each capitalized term used and not defined in this Agreement has the meaning given it in the Main Agreement, LP hereby sells, assigns, conveys and transfers to the Purchaser, free and clear of any Lien, all its right, title and interest in the 8,361 units of limited partnership interest included in the Assets.In consideration for the sale, assignment, conveyance and transfer being effected hereunder, the Purchas
AGREEMENT AND INSTRUMENT OF ASSIGNMENT AND ASSUMPTIONAgreement and Instrument • June 19th, 1997 • Herrick Feinstein LLP /Fa • Real estate • New York
The parties to this agreement and instrument of assignment and assumption dated as of May 31, 1997 (the "Agreement") are Resources High Cash, Inc., a Delaware corporation (the "Managing GP"), Presidio AGP Corp., a Delaware corporation (the "Associate GP"), XRC Corp., a Delaware corporation (the "LP"), and Pembroke HCP LLC, a Nevada limited liability company (the "Purchaser"). The Managing GP and the Associate GP (collectively, the "Old GPs") and the LP wish to, and by this Agreement and certain other agreements and instruments of assignment and assumption executed and delivered simultaneously herewith (including the guaranty of the LP) (the "Other Agreements") do, sell, assign, convey and transfer to the Purchaser and its affiliates, and the Purchaser and its affiliates wish to, and by this Agreement and the Other Agreements do, so purchase and acquire, from the Old GPs and the LP, all their right, title and interest (including, without limitation, their rights to distributions of cash
