Third Amendment to Lease Agreement between 1998 Augustus Partners, L.P. and L.A.T. Sportswear, Inc. (DBA Full Line Distributors)

Contract Categories: Real Estate Lease Agreements
Summary

This amendment extends the lease between 1998 Augustus Partners, L.P. (Landlord) and L.A.T. Sportswear, Inc. (Tenant) for office/warehouse space in Doraville, Georgia. The lease term is extended for two years, starting January 1, 2000, and ending December 31, 2001. All other terms of the original lease remain unchanged, and both parties confirm there are no current defaults. The amendment is binding on both parties and their successors and is governed by Georgia law.

EX-10.32.2 3 g67984ex10-32_2.txt THIRD AMENDMENT TO LEASE AGREEMENT 1 STATE OF GEORGIA EXHIBIT 10.32.2 COUNTY OF GWINNETT THIRD AMENDMENT TO LEASE AGREEMENT THIS THIRD AMENDMENT TO LEASE AGREEMENT (the "Third Amendment") is made as of this 16th day of November, 1999, by and between 1998 AUGUSTUS PARTNERS, L. P. (hereinafter referred to as "Landlord") and L.A.T. SPORTSWEAR, INC. DBA FULL LINE DISTRIBUTORS (hereinafter referred to as "Tenant"). W I T N E S S E T H: WHEREAS, Landlord and Tenant have previously entered into a Lease Agreement (the "Lease") dated October 17, 1994; First Amendment to Lease dated May 26, 1995; and Second Amendment to Lease Agreement dated July 15, 1999, covering premises consisting of 70,000 square feet of office/warehouse space located at 2650 Button Gwinnett Drive, Doraville, Gwinnett County, Georgia (the "Premises"), which Lease is fully incorporated herein and made a part hereof by reference; and WHEREAS, Landlord and Tenant have mutually agreed to amend the Lease to provide that the term of the Lease shall be more specifically and accurately stated: NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants and agreements recited hereinafter, it is agreed as follows: 1. Terms used herein which are defined in the Lease shall have the same meaning ascribed to them in the Lease. 2. Article 2 of the Lease, "Term", shall be amended to provide that the term of the Lease shall be extended for two (2) years commencing on January 1, 2000 and expiring on December 31, 2001. 3. Except as modified hereby, all terms and conditions of the Lease shall continue in full force and effect, and Landlord and Tenant hereby ratify and confirm the Lease, as amended hereby. As of the date of this Third Amendment; Landlord and Tenant acknowledge each to the other that, to the best of their knowledge, no default exists under the Lease. 4. This Third Amendment to Lease shall bind and inure to the benefit of Landlord and Tenant and their respective permitted successors and assigns under the Lease. 5. This Third Amendment is a Georgia contract and shall be interpreted, construed and enforced under the laws of the State of Georgia. 2 IN WITNESS WHEREOF, Landlord and Tenant have executed this Third Amendment to Lease Agreement under seal as of the date first above written. IN WITNESS WHEREOF, the parties herein have hereunto set their hands and seals the day and year first above written. Signed, sealed and delivered as to Landlord on this LANDLORD: ______ day of _______________________, 1999, 1998 AUGUSTUS PARTNERS, L.P. in the presence of: BY: 1998 WINSTON MANAGEMENT COMPANY, LLC, GENERAL PARTNER By: /s/ John W. Rooker - ----------------------------------------------------- -------------------------------------------------- Witness John W. Rooker, Member - ----------------------------------------------------- Notary Public By: /s/ Cynthia W. Rooker --------------------------------------------------- Commission Expires: Cynthia W. Rooker, Member ---------------------------------- Date Signed: ----------------------------------------- Signed, sealed and delivered as to Tenant on this TENANT: ______ day of _______________________, 1999, L.A.T. SPORTSWEAR, INC. DBA in the presence of: FULL LINE DISTRIBUTORS By: /s/ Gina Watson McElroy - ----------------------------------------------------- -------------------------------------------------- Witness Title: Exec. V.P. Operations - ----------------------------------------------------- ----------------------------------------------- Notary Public Commission Expires: (Corporate Seal) ---------------------------------- Date Signed: -----------------------------------------