Berkeley County Facility Improvements Sample Clauses

Berkeley County Facility Improvements. Prior to Closing, Sellers, at the expense of Purchaser, shall perform the improvements and purchase the equipment for the Berkeley County Facility described in the capital expenditures budget attached hereto as Schedule 4.10 (the “Berkeley County Facility Improvements”) to the reasonable satisfaction of Purchaser and in accordance with such budget, such expense not to exceed Ninety Thousand Dollars ($90,000). At Closing, Sellers shall receive a credit against the Closing Purchase Price Payment in the amount of Ninety Thousand Dollars ($90,000) pursuant to this Section 4.10 related to the Berkeley County Facility Improvements. In the event this Agreement is terminated and the Closing does not occur, the Seller Representative shall within six months after the termination date reimburse Purchaser, by wire transfer of immediately available funds to an account specified by Purchaser, the amount of all costs incurred or paid by Purchaser for the Berkeley County Facility Improvements up to, but not exceeding, Ninety Thousand Dollars ($90,000).