Common use of Non-Binding Clause in Contracts

Non-Binding. This letter is solely intended as an expression of interest and shall not be a legally binding agreement (except for the “Confidentiality” and “Exclusivity” provisions). Neither Purchaser nor Seller shall have an obligation to close the transactions described herein until such time as they, in their sole and absolute discretion, enter into appropriate formal legal documentation including the Agreement.

Non-Binding. This letter is solely intended as an expression of interest and shall not be a legally binding agreement (except for Sections 11 & 12 above - the “Confidentiality” and “Exclusivity” provisionsprovisions which are fully-binding). Neither Purchaser nor Seller shall have an obligation to close the transactions transaction described herein until such time as they, in their sole and absolute discretion, enter into appropriate formal legal documentation including the Agreement.

Non-Binding. This letter is solely intended as an expression of interest and shall not be a legally binding agreement (except for the “Confidentiality” and “Exclusivity” provisions). Neither Purchaser nor Seller shall have an obligation to close the transactions described herein until such time as they, in their sole and absolute discretion, enter into appropriate formal legal documentation including the Agreement. OTHER CONTINGENCIES: None. CLOSING COSTS: Customary allocation of closing costs.