Extract to table

NOW, THEREFORE, in consideration of the mutual covenants, agreements, and promises herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: ARTICLE 1 — DEFINITIONS As used in this Agreement, the following terms shall have the meanings ascribed to them below

Capitalized terms used but not defined in this Agreement shall have the meanings assigned to them in the PSA, unless the context otherwise requires

as Escrow Agent for the purposes set forth in this Agreement, and Escrow Agent hereby accepts such appointment and agrees to hold, invest, and disburse the Earnest Money Deposit in accordance with and subject to the terms and conditions of this Agreement

(a) Buyer shall deliver the First Deposit in the amount of One Million Four Hundred Sixty-Two Thousand Five Hundred and 00/100 Dollars ($1,462,500

(a) Buyer shall deliver the Second Deposit in the amount of One Million Four Hundred Sixty-Two Thousand Five Hundred and 00/100 Dollars ($1,462,500

(b) If Buyer terminates the PSA during the Due Diligence Period in accordance with its terms, no Second Deposit shall be required, and the obligation of Buyer to deliver the Second Deposit shall be null and void and of no further force or effect