Extension Agreement to Contract of Sale between TR Hidden Lake Partners, Ltd. and Triple Net Properties, LLC
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Summary
This letter agreement is between TR Hidden Lake Partners, Ltd. (the seller) and Triple Net Properties, LLC (the purchaser). It extends the Feasibility Period under their existing Contract of Sale to June 2, 2006, allowing the purchaser more time to complete due diligence. The extension is confirmed by the seller's signature. No other terms of the original contract are changed by this agreement.
EX-10.3 4 a26231exv10w3.htm EXHIBIT 10.3 exv10w3
Exhibit 10.3
[Hirschler Fleischer letterhead]
May 25, 2006
VIA FACSIMILE — 972 ###-###-####
TR Hidden Lake Partners, Ltd.
c/o Thompson Realty Corporation
2505 N. Plano Road, Suite 3000
Richardson, Texas 75082
Attn: W. T. Field.
c/o Thompson Realty Corporation
2505 N. Plano Road, Suite 3000
Richardson, Texas 75082
Attn: W. T. Field.
| Re: | Contract of Sale Between TR Hidden Lake Partners, Ltd., a Texas limited partnership, as seller and Triple Net Properties, LLC, a Virginia limited liability company, as purchaser |
Dear Mr. Field:
On behalf of our client, Triple Net Properties, LLC, the purchaser under the captioned contract, I hereby request an extension of the Feasibility Period to June 2, 2006. If this extension is acceptable, please sign below.
Very truly yours,
/s/ David F. Belkowitz
David F. Belkowitz
AGREED TO:
| TR HIDDEN LAKE PARTNERS, LTD. | ||||||||
| By: | TRDC Hidden Lake Partners, Ltd., General Partner | |||||||
| By: | Thompson Realty Development Corporation, General Partner | |||||||
| By: | /s/ W. T. Field | |||||||
| Its: President | ||||||||
/ddb
cc: Mr. Gus Remppies
cc: Mr. Gus Remppies
