I think it is very confusing language.However it says the marrat plan will be implemented on

the earliest of three dates where the conditions are not fulfilled.And it appears that the second condition

is contingent on the first and the third is contingent on the second.So if there is no letter of intent by

FEB 28 the marrat plan can proceed.I dont know if this helps or not.  Any other opinions out there?

I am still not sure if I have this correct.But it is a very important point in regards to selling out or not.