EFTA02635879.pdf
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📄 Extracted Text (308 words)
From: Larry
Sent: Wednesday, April 3, 2019 3:38 PM
To: Je vacation
Cc: Darren Indyke; Rich Kahn
Subject: Fwd: 1085 - LOI
Update from Gary,.
I'll speak w=th Pete and estimate the cost of the 12 month items coming due later this y=ar for the GIV.
From Gary
<=div>
La=ry,
I just hung up with T=omas, he finally has is father stabilized and he wishes to conclude the tra=saction.
Aside from his the other delay has been because they wanted to look fu=ther into the no FDR
situation.
The short version is that if we can amend [hell)] to reflect the fol=owing points, he will sign the LOI and fund escrow by
Friday
1) He wants us to discount the price an=additional $150K for 1/2 the cost of the FDR.
</=pan>
2) He wants Stevens to include the 12 month items, as t=ey are due a couple months from now and he does not want
the immediate down=time after delivery.
I told him that I would not update the princip=e until this was sorted because we are already looking bad.
I will keep you updated on that detail, b=t in the meantime, please let us know how you would like for us to res=ond
regarding the other points.
Richard Laggan
Subject: 1085 -1O1
Larry,
2) He wants Ste=ens to include the 12 month items, as they are due a couple months from now=and he does not want
the immediate down time after delivery.
EFTA_R1_01883628
EFTA02635879
3) He wants t=e veneer repair and LED lights included and spelled out in the LOI
To be=clear - I asked him to define "fund escrow" as the LOI says $900K and we ha= previously discussed $100k non
refundable so what is it?
&nb=p; Sincerely,
= Gary Anzalon=e
&nb=p; <https://docs.google.com/uc?export=download&id==GVcM9h5atidgFkivxuflag3ljYlcANAtf&revid=08-
9vjdWRZbibaDRZaVpCYTBkUlZPU=s4cUSwKlISUWZLTVJBPQ>
= &=bsp; &=bsp;
&nb=p; &nrsp; &=bsp;
<=div>
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EFTA_R1_01863629
EFTA02635880
ℹ️ Document Details
SHA-256
f5c8f77cc7f23725a3cedf9dcfcc472f3a3fd596c76c8965b9c9415caf78c397
Bates Number
EFTA02635879
Dataset
DataSet-11
Type
document
Pages
2
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