Epstein Secrets

Section 11. Governing Law. This Agreement shall be governed and construed exclusively by the provisions hereof and in accordance with the laws of the State of New York applicable to contracts to be performed therein, as the same may from time to time exist. Section 12. Notices. Any consent, waiver, notice, demand

tified check payable to the order of Seller on the Closing Date (as hereinafter defined). In the event Escrow EFTA00313025 Agent does not receive the Letter of Credit by 5 a on June 29, 1988, Purchaser shall be in default herealirer and Seller may resort to any available legal and equitable remedies on account

ure or refusal to so comply. 38. This Contract shall be governed by, interpreted under, and construed and enforced in accordance with, the laws of the State of New York. 39. The Letter of Credit shall be held by Battle Fowler (the 'Escrow Agent") in escrow upon the following terms and conditions: A. If the closin

Paragraph 26, neither party shall have any liability whatsoever to the other hereunder except that Purchaser shall be entitled to (i) a return of the Letter of Credit or the proceeds thereof, as the case may be, and (ii) reimbursement for the net charges for -18- EFTA00312958 surveys and examination of title ac

rnmental or quasi-governmental entity with jurisdiction over the Prem- ises or Seller, including, without limitation, the United States of America, the State of New York or any political sub- division of either of the foregoing, or any decision or ruling of any arbitrator to which Seller is a party or by which Seller

Paragraph 26, neither party shall have any liability whatsoever to the other hereunder except that Purchaser shall be entitled to (i) a return of the Letter of Credit or the proceeds thereof, as the case may be, and (ii) reimbursement for the net charges for -18- EFTA00313042 surveys and examination of title ac