Plaintiff is the ground lessee of a shopping center located in the Village of Fairport, Monroe County. In 1992, plaintiff began searching for new financing for the property and retained First Monroe Corporation to assist it in this regard. Ultimately, by letter dated December 17, 1993 (hereinafter the commitment letter or the agreement), defendant offered to loan plaintiff $2.6 million. Insofar as is relevant to this appeal, paragraph No...
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