Common Contracts

1 similar Agreement contracts

AGREEMENT BETWEEN MICHIGAN MAGNET FUND, PNC COMMUNITY PARTNERS, INC., PNC NEW MARKETS INVESTMENT PARTNERS, LLC, AND WHIRLPOOL
Agreement • November 16th, 2010
  • Contract Type
  • Filed
    November 16th, 2010

This term sheet does not constitute a binding commitment on the part of (a) PNCNMIP or the CDEs to provide financing; or (b) the Borrower to incur any obligation (except with regard to the PNCNMIP Deposit), in connection with the transactions contemplated by this term sheet. No such rights or obligations shall arise until definitive agreements, satisfactory to all of the parties, are fully-executed, until which time any party may determine whether or not to proceed with this transaction in its sole discretion without penalty. Notwithstanding the foregoing, the parties have agreed to the terms and conditions described next to the headings "Termination Date" and "Deposit" below.

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