ASSIGNMENT AND ASSUMPTION OF EARNEST MONEY CONTRACTAssignment and Assumption Agreement |
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SUNTRON CORP | GSL INDUSTRIALPARTNERS, L.P | GSL 16/VIFGILLINGHAM, L.P. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Exhibit 10.18
ASSIGNMENT
AND ASSUMPTION
OF EARNEST
MONEY CONTRACT
(GILLINGHAM -
SUNTRON GCO)
This ASSIGNMENT AND ASSUMPTION OF EARNEST
MONEY CONTRACT (the
"ASSIGNMENT"), is made and entered into to be effective as of the
_____ day of
___________, 2006 (the "EFFECTIVE DATE"), by and between GSL
INDUSTRIAL
PARTNERS, L.P., a Texas limited partnership ("ASSIGNOR"), and GSL
16/VIF
GILLINGHAM, L.P., a Texas limited partnership ("ASSIGNEE").
WITNESSETH:
WHEREAS, Assignor, as buyer, and
SUNTRON GCO, LP, a Texas limited
partnership ("SELLER"), as seller, executed and entered into that
certain
Earnest Money Contract, dated effective as of December 27, 2005, as amended by
that certain letter agreement dated February 2, 2006 (the "FIRST LETTER
AGREEMENT"), that certain letter agreement dated March 8, 2006 (the
"SECOND
LETTER AGREEMENT"), and that certain letter agreement dated March 17, 2006
(the
"THIRD LETTER AGREEMENT") (collectively, the "CONTRACT"),
relating to the sale
by Sel






