FOURTH AMENDMENT TO AGREEMENT OF PURCHASE AND SALE
DATED OCTOBER 10, 1996
BY AND BETWEEN
VESTAR DEVELOPMENT CO., an Arizona corporation, ("PURCHASER")
and
GLENDALE FASHION CENTER LIMITED PARTNERSHIP,
an Illinois limited partnership ("SELLER")
RECITALS
A. The parties have entered into the above-described Agreement of
Purchase and Sale, amended by a First Amendment and Second Amendment
("Agreement").
B. The parties now wish to further amend their agreement in the manner
set forth below.
NOW, THEREFORE, the parties agree as follows:
1. The reference to "4:00 p.m. Chicago time on December 18, 1996" in the
second line of Section 7.1 of the Agreement is deleted and "4:00 p.m. Chicago
time on December 20, 1996" is substituted therefor.
2. Except as modified herein, the Agreement, as amended by this
Amendment, shall remain in full force and effect.
3. The effective date of this Amendment is December 13, 1996.
SELLER: GLENDALE FASHION CENTER LIMITED
PARTNERSHIP, an Illinois limited partnership
By: Glendale Fashion Center Partners, Inc., an
Illinois corporation, its general partner
By: /s/ John K. Powell, Jr.
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Name: John K. Powell, Jr.
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Its:
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PURCHASER: VESTAR DEVELOPMENT CO.,
an Arizona corporation
By: /s/ Lee T. Hanley
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Name: Lee T. Hanley
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Its: President
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