Strategic Realty Trust, Inc. - FORM 8-K - EX-10.5 - ASSIGNMENT OF SALE AGREEMENT, DATED OCTOBER 31, 2012 - November 14, 2012

Attached files

file filename
8-K - FORM 8-K - Strategic Realty Trust, Inc.d439085d8k.htm
EX-10.7 - PROMISSORY NOTE, DATED AS OF NOVEMBER 9, 2012 - Strategic Realty Trust, Inc.d439085dex107.htm
EX-99.1 - PRESS RELEASE DATED NOVEMBER 9, 2012 - Strategic Realty Trust, Inc.d439085dex991.htm
EX-10.8 - LOAN AGREEMENT, DATED AS OF NOVEMBER 9, 2012 - Strategic Realty Trust, Inc.d439085dex108.htm
EX-10.2 - AMENDMENT AND RESTATEMENT OF SALE AGREEMENT, DATED OCTOBER 9, 2012 - Strategic Realty Trust, Inc.d439085dex102.htm
EX-10.3 - SECOND AMENDMENT TO SALE AGREEMENT, DATED OCTOBER 29, 2012 - Strategic Realty Trust, Inc.d439085dex103.htm
EX-10.6 - PROPERTY AND ASSET MANAGEMENT AGREEMENT, DATED AS OF NOVEMBER 9, 2012 - Strategic Realty Trust, Inc.d439085dex106.htm
EX-10.4 - THIRD AMENDMENT TO SALE AGREEMENT, DATED NOVEMBER 7, 2012 - Strategic Realty Trust, Inc.d439085dex104.htm
EX-10.9 - LEASEHOLD MORTGAGE, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT - Strategic Realty Trust, Inc.d439085dex109.htm
EX-10.1 - SALE AGREEMENT, DATED AS OF JUNE 14, 2012 - Strategic Realty Trust, Inc.d439085dex101.htm
EX-10.11 - ASSIGNMENT, SUBORDINATION AND CONSENT TO MANAGEMENT AGREEMENT - Strategic Realty Trust, Inc.d439085dex1011.htm
EX-10.12 - ENVIRONMENTAL INDEMNIFICATION AGREEMENT, DATED AS OF NOVEMBER 9, 2012 - Strategic Realty Trust, Inc.d439085dex1012.htm
EX-10.10 - GUARANTY OF RECOURSE OBLIGATIONS, DATED NOVEMBER 9, 2012 - Strategic Realty Trust, Inc.d439085dex1010.htm

EXHIBIT 10-5

ASSIGNMENT OF SALE AGREEMENT

THIS ASSIGNMENT OF SALE AGREEMENT is made this 31st day of October, 2012, by and between TNP ACQUISITIONS, LLC, a Delaware limited liability company (“Assignor”), and TNP SRT LAHAINA GATEWAY, LLC, a Delaware limited liability company (“Assignee”).

W I T N E S S E T H:

THAT, for and in consideration of the sum of ten dollars ($10.00) cash in hand paid and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor does hereby transfer and assign to Assignee all of Assignor’s rights, title, and interest in, to, and under that certain Sale Agreement (the “Agreement”) dated June 14, 2012, as amended, by and between Central Pacific Bank, a Hawaii corporation as sellers, and Assignor, as purchaser, in connection with the acquisition of the property described in the Agreement.

Assignee, as evidenced by its signature hereto, agrees to assume and perform the obligations of Assignor under the Agreement.

[SIGNATURES FOLLOW]

WITNESS the following signatures:

 

ASSIGNOR:   TNP ACQUISITIONS, LLC,  
  a Delaware limited liability company  
  By:  

Thompson National Properties, LLC

Its Sole Member

       
    By:  

/s/ Stephen Corea

  
    Name:   Stephen Corea  
    Its:   SVP Acquisitions  
ASSIGNEE:   TNP SRT LAHAINA GATEWAY, LLC,
  a Delaware limited liability company
  By:  

TNP SRT Lahaina Gateway Mezz, LLC, a Delaware

limited liability company

Its Sole Member

  By:  

TNP SRT Lahaina Gateway Mezz Holdings, LLC, a

Delaware limited liability company

Its Sole Member

    By:   TNP SRT Lahaina Gateway Holdings, LLC,
     

a Delaware limited liability company,

its Sole Member

      By:  

TNP Strategic Retail Operating

Partnership, LP, a Delaware limited

partnership

its Sole Member

    By:  

TNP Strategic Retail Trust,

Inc., a Maryland corporation,

its general partner

    By:  

/s/ Dee Balch

  
    Name:   Dee Balch  
    Its:   CFO  

 

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