Common Contracts
1 similar Purchase and Sale Agreement contracts
EXHIBIT B: TERM SHEETPurchase and Sale Agreement • May 5th, 2020
This term sheet (this “Term Sheet”) outlines the general terms and conditions upon which The Port Authority of New York and New Jersey (the “Authority”) and (the “Purchaser”) agree to enter into a purchase and sale agreement (the “Purchase and Sale Agreement”) and related agreements for certain real property and development rights. The Executed Term Sheet must be delivered to the Authority on or by _____________, 2015 or the agreement contemplated in this Term Sheet will be deemed to be automatically rescinded with no further obligations or restrictions on either party hereto.
