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waiver of any rights or remedies that either party hereto may have or a waiver of any subsequent breach or default in any of such agreements, terms, covenants and conditions. 11.3. Notices. Any notice, demand, request, offer, consent, approval or communication to be provided under this Agreement shall be in writing and sent by one of the methods hereinafter described and shall be deemed received: (i) three (3) business days after it is deposited, postage prepaid, in the United States mail, certified or registered mail with a return receipt requested, addressed (as the case may be) to Seller at Seller's address shown herein, or to Purchaser at the address of Purchaser shown herein; (ii) the next delivery day after it is deposited for overnight delivery with a nationally recognized and reputable air courier (with electronic tracking requested) addressed (as the case may be) to Seller at Seller's address shown herein, or to Purchaser at the address of Purchaser shown herein; (iii) the same day it is personally delivered (as the case may be) to Seller at Seller's address shown herein, or to Purchaser at the address of Purchaser shown herein; or (iv) upon confirmation of receipt of electronic transmission if sent by facsimile or telecopier transmission to Seller at Seller's facsimile number set forth below, or to Purchaser at Purchaser's facsimile number set forth below (as the case may be); and in such case of facsimile transmission, a copy is also contemporaneously sent by one of the methods described in the preceding clause (i), (ii) or (iii) of this Section (it being understood and agreed, however, that such notice shall be deemed received upon receipt of electronic transmission). Notwithstanding the foregoing, in the event any notice or other communication as described in this Section is sent to either party by the other via overnight delivery, personal delivery or by facsimile/telecopy transmission and it is received by the recipient party during non -business hours (i.e., other than during 8:30 a.m. to 5:00 p.m. [EST/EDT] Monday through Friday, excluding holidays), then such notice or other communication shall not be deemed to have been received until the next business day. Either party may designate a different address for receiving notices hereunder by notice to the other party in accordance with the provisions of this Section. Further notwithstanding the foregoing, if any notice or other communication described in this Section is sent by either party hereto to the other and such notice or other communication is in fact actually received by the other party, then such notice or other communication shall be deemed to have been duly given by the sending party and received by the recipient party effective as of such date of actual receipt (irrespective of whether such notice or other communication was sent in accordance with the foregoing terms of this Section). If to Seller: Walt Disney World Hospitality & Recreation Corporation c/o WDI Real Estate Development Post Office Box 10321 Lake Buena Vista, Florida 32830-0321 for FedEx or 700 Celebration Avenue (2nd Floor) hand delivery Celebration, Florida 34747 Attention: Matt E. Kelly (or current VP) Fax: (407) 566-4223 with a copy to: Walt Disney World Co. P.O. Box 10000 1375 Buena Vista Drive Lake Buena Vista, Florida 32830 Attention: Thomas Katheder, Vice President — Legal Fax: (407) 828-6015 Ianuuv 8, 2008 14