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Originally Posted by betts
Here's the link to the purchase contract. Look at the last document, #21, I believe. The three sections that jumped out at me, although I have no idea precisely what they mean, were 5.3, 7.3 and 9.6. I wondered if 7.3 was a blanket statement covering any other written materials between the buyer and seller, and I had no idea was 9.6 meant. 5.3 sounded like it was giving the buyer a lot of discretion on what he could do regarding accepting a lease or other offer. What do you lawyer types think?
http://www.king5.com/sharedcontent/n...-exhibits3.pdf
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betts, did you happen to read exhibit #19 4(G) dated 11/1/06 on page 7 of the document? What are (would be) your thoughts, or opinions? Would that constitute a breach of the contract under 7.3(A), or (B) of exhibit #21? Based upon any of the e-mails and/or A.M. statement? I'm not saying there was or was not a breach. I'm no Lawyer, just curious if you think #19 may be a factor. I see now what made Stern mad enough to slap A.M. with that $250,000. fine.