Assignment and Assumption of Purchase Agreement Sample Contracts

July 3rd, 2007 · Common Contracts · 2 similar
KBS Real Estate Investment Trust, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (“Assignment”) is entered into between KBS CAPITAL ADVISORS LLC, a Delaware limited liability company (“Assignor”) and KBS INDUSTRIAL PORTFOLIO (MI), LLC (“Assignee”), as of June 29, 2007 (“Effective Date”).

November 14th, 2013
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR CARRINGTON CHAMPION, LLC, a Delaware limited liability company (“Assignee”), that portion of Assignor’s rights and obligations under and in regard to that certain Real Estate Purchase and Sale Agreement dated August 23, 2012 (as may have been or may hereafter be amended, the “Purchase Agreement”), by and among TEL-LA Villas Kingwood, LLC, TEL-LA Champion Forest, LLC, TEL-LA Carrington Huffmeister, LLC, TEL-LA Villas Huffmeister, LLC, TEL-LA Riata Ranch, LLC and TEL-LA Carrington Place Apartments, LLC, each a Delaware limited liability company, and Assignor for the purchase and sale of that certain portfolio of real properties located in the Houston, Texas area (“Portfolio”).

December 22nd, 2005
Aei Income & Growth Fund 25 LLCASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT
July 15th, 2016
KBS Strategic Opportunity REIT II, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement ("Assignment") is entered into between KBS Capital Advisors LLC, a Delaware limited liability company ("Assignor"), and KBS SOR II Lincoln Court, LLC, a Delaware limited liability company ("Assignee") , as of

March 29th, 2007
KBS Real Estate Investment Trust, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (“Assignment”) is entered into between KBS REALTY ADVISORS, LLC, a Delaware limited liability company (“Assignor”), and KBS CAPITAL ADVISORS LLC, a Delaware limited liability company (“Assignee”), as of December 27, 2006 (“Effective Date”).

September 1st, 2015
Steadfast Apartment REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to STAR DELANO, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated June 29, 2015, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between AP WP North Richland Hills REIT LLC, a Delaware limited liability company (“Seller”) and Assignor for the purchase and sale of that certain real property located in North Richland Hills, Texas, as more particularly described in Exhibit A attached hereto (the “Property”).

October 3rd, 2007
KBS Real Estate Investment Trust, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (“Assignment”) is entered into between KBS CAPITAL ADVISORS LLC, a Delaware limited liability company (“Assignor”) and KBS ADP PLAZA, LLC, a Delaware limited liability company (“Assignee”), as of August 7, 2007 (“Effective Date”).

June 17th, 2011
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR CLARION PARK, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated May 3, 2011, as amended to the date hereof (as amended, the “Purchase Agreement”), between Olathe Housing Associates Limited Partnership (“Seller”) and Assignor for the purchase and sale of that certain real property located in Olathe, Kansas, as more particularly described in Exhibit A attached hereto (the “Property”).

December 7th, 2011
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR TRUMAN FARM, LLC, a Delaware limited liability company (“Assignee”), all of Assignor's rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated November 3, 2011, as amended to the date hereof (as amended, the “Purchase Agreement”), between Truman Farm Villas, L.P. (“Seller”) and Assignor for the purchase and sale of that certain real property located in Grandview, Missouri, as more particularly described in Exhibit A attached hereto (the “Property”).

August 19th, 2011
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR COOPER CREEK, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase Agreement dated as of June 24, 2011, as amended, between COOPER CREEK VILLAGE, LLC, a Kentucky limited liability company (“Seller”) and Assignor (as amended, the “Purchase Agreement”) for the purchase and sale of that certain real property located at 4807 Cooper Village Terrace, Louisville, KY 40219, as more particularly described in Exhibit A attached hereto (the “Property”).

January 4th, 2007
KBS Real Estate Investment Trust, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (“Assignment”) is entered into between KBS CAPITAL ADVISORS LLC, a Delaware limited liability company (“Assignor”), and KBS CRESCENT GREEN, LLC, a Delaware limited liability company (“Assignee”), as of December 21, 2006 (“Effective Date”).

October 4th, 2012
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR HILLIARD PARK, LLC, a Delaware limited liability company (“Assignee”), all of Assignor's rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated August 8, 2012 (as may be amended, the “Purchase Agreement”), between Gary L. Schottenstein, an individual (“Seller”) and Assignor for the purchase and sale of that membership interest relating to that certain real property located in Columbus, Ohio, as more particularly described in Exhibit A attached hereto (the “Property”).

December 23rd, 2014
Steadfast Apartment REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to STAR OASIS, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated September 9, 2014, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between Oasis Apartments, LLC, a Colorado limited liability company (“Seller”) and Assignor for the purchase and sale of that certain real property located in Colorado Springs, Colorado, as more particularly described in Exhibit A attached hereto (the “Property”).

September 23rd, 2011
KBS Real Estate Investment Trust III, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (“Assignment”) is entered into between KBS CAPITAL ADVISORS LLC, a Delaware limited liability company (“Assignor”), and KBSIII DOMAIN GATEWAY, LLC, a Delaware limited liability company (“Assignee”), as of September 14, 2011 (“Effective Date”).

April 9th, 2012
Wells Core Office Income Reit IncASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT (this “Agreement”) is made as of the 8th day of February, 2012, by and between AREP SOUTH LAKE AT DULLES CORNER LLC, a Delaware limited liability company (“Assignor”), and WELLS CORE REIT – SOUTH LAKE AT DULLES, LLC, a Delaware limited liability company (“Assignee”).

September 6th, 2017
Steadfast Apartment REIT III, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to STAR III PRINCETON LAKES, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated June 20, 2017, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between Ansley NC LLC, a Delaware limited liability company and US Diversified Residential 2, LLC, a Delaware limited liability company (collectively, the “Seller”) and Assignor for the purchase and sale of that certain real property located in Atlanta, Georgia, as more particularly described in Exhibit A attached hereto (the “Property”).

December 20th, 2017
Steadfast Apartment REIT III, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to STAR III AVERY POINT, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated October 30, 2017, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between TEG Avery Point, LLC, an Indiana limited liability company (“Seller”) and Assignor for the purchase and sale of that certain real property located in Indianapolis, Indiana, as more particularly described in Exhibit A attached hereto (the “Property”).

December 22nd, 2011
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR PRAIRIE WALK, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Agreement of Purchase and Sale dated November 30, 2011 (as may be amended, the “Purchase Agreement”), between Prairie Walk, LLC (“Seller”) and Assignor for the purchase and sale of that certain real property located in Kansas City, Missouri, as more particularly described in Exhibit A attached hereto (the “Property”).

August 23rd, 2016
SemiLEDs CorpASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT (this “Assignment”) is made as of August 4, 2016, between PETER CHIOU, an individual (the “Assignor”), and WELL THRIVE LIMITED, a Samoa international company (the “Assignee”).

January 3rd, 2013
Inland Real Estate Income Trust, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT LETTER

For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the undersigned Highwood Investments, LLC, an Illinois limited liablility company (“Assignor”) hereby assigns to Inland Real Estate Acquisitions, Inc., an Illinois corporation (“Assignee”) all of Assignor’s right, title and interest to purchase those properties leased to Dolgencorp, LLC which are located at (i) 2956 Hamilton Road, LaGrange, Georgia, (ii) 112 Wares Cross Road, LaGrange, Georgia, (iii) 7768 Newnan Road, Brooks, Georgia, (iv) 109 Sam Houston School Road, Maryville, Tennessee, (v) 4919 Lee Road 270, Valley, Alabama, (vi) 501 E. Main Street, Daleville, Alabama and (vii) 5475 Moffett Road, Mobile, Alabama (“Properties”) pursuant to that certain Purchase Agreement Letter between Assignor, as purchaser, and The Broadway Group, LLC, as seller, dated July 30, 2012 (the “Purchase Agreement Letter”).

April 16th, 2012
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR MONTCLAIR PARC, LLC, a Delaware limited liability company (“Assignee”), all of Assignor's rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated January 27, 2012, (as may be amended, the “Purchase Agreement”), between Montclair Parc Apartments Limited Partnership (“Seller”) and Assignor for the purchase and sale of that certain real property located in Oklahoma City, Oklahoma, as more particularly described in Exhibit A attached hereto (the “Property”).

June 15th, 2018
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to SIR JEFFERSON, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated March 26, 2018, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between BRE Jefferson St. Andrews Owner LLC, a Delaware limited liability company (“Seller”) and Assignor for the purchase and sale of that certain real property located in Plainfield, Indiana, as more particularly described in Exhibit A attached hereto (the “Property”).

July 17th, 2002
Republic Airways Holdings IncExhibit 10.13(a) PARTIAL ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT GCT-025/98 This Partial Assignment and Assumption of Purchase Agreement GCT-025/98 ("Agreement") dated April 7, 2002, is an agreement between SOLITAIR CORP. ("Assignor") a...
August 12th, 2016
KBS Strategic Opportunity REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (“Assignment”) is entered into between KBS Capital Advisors LLC, a Delaware limited liability company (“Assignor”), and KBS SOR Westpark Portfolio, LLC, a Delaware limited liability company (“Assignee”), as of April 21, 2016 (“Effective Date”).

May 20th, 2002
Republic Airways Holdings Inca) all its rights and obligations under the Purchase Agreement and Letter Agreement DCT-026/98, dated as of June 17, 1998 between Solitair and Embraer, as amended (the "Letter Agreement"), in regard to the Assigned Aircraft; and (b) all its remaining...
October 4th, 2007
NNN Healthcare/Office REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT (this “Assignment”) dated as of September 28, 2007, is made and entered into by and between TRIPLE NET PROPERTIES, LLC, a Virginia limited liability company (“Assignor”), and NNN HEALTHCARE/OFFICE REIT E FLORIDA LTC, LLC, a Delaware limited liability company (“Assignee”), with reference to the following Recitals:

October 3rd, 2007
KBS Real Estate Investment Trust, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (“Assignment”) is entered into between KBS CAPITAL ADVISORS LLC, a Delaware limited liability company (“Assignor”) and KBS WOODFIELD PRESERVE, LLC (“Assignee”), as of September 25, 2007 (“Effective Date”).

June 3rd, 2015
Steadfast Apartment REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to STAR RIDGE CROSSINGS, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement dated April 7, 2015, as amended by that certain First Amendment to Purchase and Sale Agreement dated May 15, 2015 (collectively, the “Purchase Agreement”), between Ridge Crossing Apartments LLC, a Delaware limited liability company (“Seller”) and Assignor for the purchase and sale of that certain real property located in Hoover, Alabama, as more particularly described in Exhibit A attached hereto (the “Property”).

January 16th, 2004
Gladstone Commercial CorpASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT (this “Assignment”) is made as of the 23 day of December, 2003 by GLADSTONE COMMERCIAL LIMITED PARTNERSHIP, a Delaware limited partnership (“Assignor”), in favor of ELSTER ELECTRICITY, 208 SOUTH ROGERS LANE, RALEIGH, NC LLC, a Delaware limited liability company (“Assignee”).

November 19th, 2007
KBS Real Estate Investment Trust, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (“Assignment”) is entered into between KBS CAPITAL ADVISORS LLC, a Delaware limited liability company (“Assignor”) and KBS SOUTH TOWNE, LLC, a Delaware limited liability company (“Assignee”), as of October 9, 2007 (“Effective Date”).

January 18th, 2017
Steadfast Apartment REIT III, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to STAR III SWEETWATER, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated December 2, 2016 (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between VR Sweetwater Limited Partnership, a Delaware limited partnership (“Seller”) and Assignor for the purchase and sale of that certain real property located in Lawrenceville, Georgia, as more particularly described in Exhibit A attached hereto (the “Property”).

July 6th, 2012
Steadfast Income REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation ("Assignor"), hereby assigns to SIR ESTANCIA, LLC, a Delaware limited liability company ("Assignee"), all of Assignor's rights and obligations under and in regard to that certain Purchase and Sale Agreement dated February 15,2012 (as may be amended, the "Purchase Agreement"), between Estancia Tulsa, LLC, a Delaware limited liability company ("Seller") and Assignor for the purchase and sale of that certain real property located in Tulsa, Oklahoma, as more particularly described in Exhibit A attached hereto (the "Property").

November 8th, 2016
Bluerock Residential Growth REIT, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT (this "Assignment") is entered into as of October 13, 2016 by and between CARROLL ACQUISITIONS, LLC, a Georgia limited liability company ("Assignor"), and BR CARROLL GLENRIDGE, LLC, a Delaware limited liability company ("Assignee").

May 13th, 2014
Cole Credit Property Trust V, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT

This Assignment and Assumption of Purchase Agreement (this "Assignment") is made to be effective as of February 17, 2014 (the “Effective Date”) by and between AR CAPITAL, LLC ("Assignor") and Series C, LLC, an Arizona limited liability company ("Assignee").

December 17th, 2010
Behringer Harvard Opportunity REIT II, Inc.ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT AND DESIGNATION OF NOMINEES

THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT AND DESIGNATION OF NOMINEES is made to be effective as of this 8th day of October, 2010 (this “Assignment and Assumption”) between Applefield Waxman Capital, Inc., a Florida corporation (“Assignor”), and BH-AW Florida MOB Venture, LLC, a Delaware limited liability company (“Assignee”).