to be divided into two (2) equal payments; the 1st being due on 8/1/2018, subject to the school remaining open for the 2018-2019 academic year, and the second being due on 8/1/2019, subject to the school remaining open for the 2019-2020 academic year.
I understand by making this pledge, I fully agree to pay these amounts if the School remains open to fund its general operations.