FIRST ASSET PURCHASE AGREEMENTFirst Asset Purchase Agreement • February 21st, 2012 • Sun Communities Inc • Real estate investment trusts
THIS FIRST ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into this 16th day of February 2012, but effective as of January 1, 2012, by and among GRAND LAKE RV AND GOLF RESORT, LLC, a Delaware limited liability company (“Grand Lake”), THREE LAKES RV PARK, LLC, a Delaware limited liability company (“Three Lakes”),BLUE BERRY HILL RV, LLC, a Delaware limited liability company (“Blueberry”), BLUE BERRY HILL RV SPE, LLC, a Delaware limited liability company (“Blueberry SPE” and, together with Grand Lake, Three Lakes and Blueberry, “Sellers”), and SUN BLUEBERRY HILL LLC, a Michigan limited liability company (“Sun Blueberry”), SUN GRAND LAKE LLC, a Michigan limited liability company (“Sun Grand Lake”), SUN THREE LAKES LLC, a Michigan limited liability company (“Sun Three Lakes” and, together with Sun Blueberry and Sun Grand Lake, “Purchasers”).
