RELEASE OF CONTRACT
Vista International Technologies, Inc. 10-K
Exhibit 10.22
RELEASE OF CONTRACT
DATE: | January 18, 2012 | GF NO. 2111-00208 | ||
SELLER: | Vista International Technologies, Inc. | |||
PURCHASER: | Xxxxx-Lewisville Railroad Family First Limited Partnership |
RE: | PURCHASE AND SALE CONTRACT, by and between Vista International Technologies, Inc., (as Seller) and Xxxxx-Lewisville Railroad Family First Limited Partnership(as Purchaser), dated effective February 17, 2011 (the Contract); Property: approximately 26.9 acres, located in Dallas County, Texas |
The undersigned parties to the above described Xxxxxxx Money Contract, do hereby release all parties thereto from said Contract, and do declare said Xxxxxxx Money Contract to be null and void and of no further force and effect, and further declare said Xxxxxxx Money Contract to be in all things canceled.
The undersigned further agree and authorize Chicago Title Insurance Company to release funds all ready deposited as itemized below:
Xxxxxxx Money Deposit | $25,000.00 | ||
Release: | |||
To Seller: | $100.00 | ||
To Purchaser: | $24,900.00 plus accrued interest |
IN SIGNING SAID RELEASE OF CONTRACT PURCHASER WILL NOT BE RESPONSIBLE TO DEPOSIT ANY FURTHER MONEY TO CHICAGO TITLE INSURANCE COMPANY AND IS HEREBY RELEASED OF ANY LIABILITY AND/OR RESPONSIBILITY THEREOF.
PURCHASER: | ||||||
Xxxxx-Lewisville Railroad Family First Limited Partnership | ||||||
By: BLRR Management, LLC | ||||||
Its: General Partner | ||||||
By: | ||||||
Name: | ||||||
Title: | ||||||
SELLER: | ||||||
Vista International Technologies, Inc. | ||||||
By: | ||||||
Name: | ||||||
Title: | ||||||