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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
n against or affecting the Premises (collec- tively, the "Violations") through the date of closing of title and any Violations caused by Purchaser's Renovation Work (as hereinafter defined). Notwithstanding anything to the contrary set forth in this subparagraph 3(1) hereof, Seller shall be obligated to cure (
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
ncture the walls or ceil- ings, drill into same or otherwise invade the spaces bounded thereby. In connection with Purchaser's preparations for the Renovation Work, the Seller shall cooperate with Purchaser in (i) the obtaining of any and all permits, approvals and certif- icates required by any governmental or
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
ncture the walls or ceil- ings, drill into same or otherwise invade the spaces bounded thereby. In connection with Purchaser's preparations for the Renovation Work, the Seller shall cooperate with Purchaser in (i) the obtaining of any and all permits, approvals and certif- icates required by any governmental or
Entities connected to both the Letter of Credit and Renovation Work

Jeffrey Epstein
PERSON
Les Wexner
PERSONSoutherly
LOCATIONthe State of New York
LOCATIONCity, County
LOCATIONthe Title Company
ORGANIZATIONMaker
ORGANIZATIONPermits
LOCATIONBIRCH WATHEN SCHOOL, INC.
ORGANIZATION
Eric Holder
PERSONNo Off-Set
ORGANIZATIONthe New York Tax Law
ORGANIZATIONNon-Waiver
ORGANIZATIONthe United States Post Office
LOCATIONthe Real Property
ORGANIZATIONLouis XIV
PERSONThe Wexner-Heritage Foundation
ORGANIZATIONthe Event of Default
ORGANIZATION