Extract to table

NOW, THEREFORE, in consideration of the foregoing Recitals (which are incorporated herein by reference and made a part of this Agreement), the mutual covenants and agreements set forth below, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: ARTICLE I — DEFINITIONS As used in this Agreement, the following terms shall have the meanings set forth below

Capitalized terms not otherwise defined in this Article I shall have the meanings ascribed to them elsewhere in this Agreement, including in the Recitals

In consideration of the releases and other covenants set forth herein, Meridian shall pay to SLG the total sum of Four Million Five Hundred Thousand Dollars ($4,500,000) (the "Settlement Payment")

Meridian shall pay the Settlement Payment by wire transfer of immediately available United States funds within five (5) business days following the Effective Date

Meridian shall provide SLG with written confirmation of the wire transfer upon completion thereof

No Party shall issue an Internal Revenue Service Form 1099 or any other information return with respect to the Settlement Payment unless required to do so by applicable law or regulation, and each Party agrees to cooperate with the other in good faith with respect to any tax reporting obligations that may arise in connection with the Settlement Payment