Exhibit 10.43
March 7, 2003
Crescent Real Estate Equities and Vornado Realty Trust (the "Landlord")
acknowledge there will be a need to restructure the existing leases between
Landlord and AmeriCold Logistics LLC (the "Tenant"). As a first step towards a
larger lease restructure, the Landlord will extend the maturity of the current
rent deferral period from December 31, 2003 to December 31, 2004.
ACCEPTED BY LANDLORD - AMERICOLD REALTY
TRUST THROUGH ITS OWNER VORNADO CRESCENT
PORTLAND PARTNERSHIP:
CRESCENT REAL ESTATE EQUITIES
LIMITED PARTNERSHIP - PARTNER
By: Crescent Real Estate Equities, Ltd., its
general partner
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Executive Vice President,
Chief Financial Officer
VORNADO REALTY, L.P. - Partner
By: Vornado Realty Trust, its general partner
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Chief Financial Officer
ACCEPTED BY TENANT - AMERICOLD LOGISTICS, LLC THROUGH ITS
OWNER VORNADO CRESCENT LOGISTICS OPERATING PARTNERSHIP:
CRESCENT OPERATING, INC. - PARTNER
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇
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VORNADO OPERATING COMPANY - PARTNER
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Chief Financial Officer