Initial Due Diligence Period. The definition of Initial Due Diligence Period set forth in Section 2.1 is hereby amended to mean the period commencing on the Effective Date and ending at 5:00 p.m. on Friday, July 21, 2017.
Initial Due Diligence Period. In consideration of the Township’s agreement to exclusively negotiate with the Redeveloper for the acquisition of the Township Properties during the Due Diligence Period, on the Effective Date of this Agreement the Redeveloper shall deposit a sum of $200,000 to be held by the Township (“Initial Payment”).
