ASSIGNMENT OF PURCHASE AGREEMENT

Exhibit 10.3

ASSIGNMENT OF PURCHASE AGREEMENT

THIS ASSIGNMENT OF PURCHASE AGREEMENT is made and entered into as of this 31st day of December, 2014, by and between ▇▇▇▇▇▇ VALIDUS PROPERTIES II, LLC, a Delaware limited liability company (“Assignor”), and ▇▇▇▇-▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇, a Delaware limited liability company (“Assignee”).

RECITALS

A. Assignor is the Purchaser under that certain Amended and Restated Purchase Agreement made by and between Fort Worth Hospital Real Estate, LP, a Texas limited partnership as Seller, and Assignor as Purchaser, having an effective date of November 14, 2014 ( the “Agreement”) relative to certain Real Property, together with Improvements, Intangible Property and Personal Property (as defined in the Agreement) located or necessary for the operations at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ (the “ Property”).

B. Assignor wishes to assign to Assignee all of its rights under the Agreement in return for Assignee’s agreement to assume all of Assignor’s obligations under the Agreement.

NOW, THEREFORE, for valuable consideration to Assignor in hand paid by Assignee, the receipt and sufficiency of which are hereby acknowledged by Assignor, the parties agree as follows:

Assignor does hereby sell, assign, transfer and deliver unto Assignee all of Assignor’s right, title and interest in and to the Agreement (including, without limitation, the rights of Assignor in all deposit monies paid by Assignor under the Agreement) regarding and relating to the Property which is the subject of the Agreement.

Assignee, by the acceptance hereof, hereby assumes all rights and obligations of Assignor as Purchaser under the Agreement and agrees to be bound by all of the terms and conditions of the Agreement.

[Signature page follows]

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IN WITNESS WHEREOF, the parties have executed this Assignment as of the day and year first above written.

 

WITNESSES:

ASSIGNOR:

▇▇▇▇▇▇ Validus Properties II, LLC, a Delaware limited liability company

/s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇

By:

/s/ ▇▇▇▇ ▇▇▇▇▇▇▇

Print Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇

/s/ Miles ▇▇▇▇▇▇▇▇

Date:

Print Name: Miles ▇▇▇▇▇▇▇▇

WITNESSES:

ASSIGNEE:

HCII-1800 PARK PLACE AVENUE, LLC, a Delaware limited liability company

By:

▇▇▇▇▇▇ Validus Operating Partnership II, LP, a Delaware limited partnership, Its Sole Member

/s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Print Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇

By:

▇▇▇▇▇▇ Validus Mission Critical REIT II, Inc., a Maryland corporation, Its General Partner

/s/ Miles ▇▇▇▇▇▇▇▇

By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇

Print Name: Miles ▇▇▇▇▇▇▇▇

Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇

Its: CEO

 

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