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APPCOR10796
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APPCOR10796
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Entry Properties
Last modified
8/24/2016 6:31:19 PM
Creation date
11/19/2007 2:13:39 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981047
IBM Index Class Name
Application Correspondence
Doc Date
11/15/1976
Doc Name
DECISION
From
BLM
Media Type
D
Archive
No
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<br /> <br /> <br /> <br /> <br />and effect. It is further understood and agreed that in <br />compliance with applicable federal regulations and the terms <br />of Paragraph 5 of the above-mentioned Agreement of Sale, if <br />the duly authorized officials of the federal government require <br />as a condition to approval of this sublease that any bond or <br />bonds be furnished by SECOND PARTY, SECOND PARTY will be solely <br />responsible for costs and expenses incurred in obtaining and <br />maintaining such bond or bonds. <br />6. It is further understood and agreed that this <br />sublease may be terminated in the following manner or upon <br />the happening of any of the following events, to-wit: <br />(a) By SECOND PARTY by the voluntary surrender of <br />possession of said premises by SECOND PARTY prior to the <br />expiration of the term hereby demised, or any extension or <br />renewal thereof; <br />(b) By the expiration of the term hereby demised, or <br />any extension or renewal of such term; provided, however, that <br />if and in the event FIRST PARTY should decide to permit such <br />term, or any extension or renewal thereof, to expire for any <br />reason, it will give SECOND PARTY written notice of that fact <br />at least thirty (30) days in advance of the effective date of <br />that decison; <br />(c) By FIRST PARTY f.or failure, refusal or neglect of <br />SECOND PARTY to pay the rents and royalties hereinbefore pro- <br />vided, when due; <br />(d) By declaration of forfeiture by FIRST PARTY based <br />upon the failure of SECOND PARTY to keep, observe and perform <br />any of the covenants and agreements herein expressed or other- <br />wise contained; it being understood and agreed that if a for- <br />feiture be claimed for any reason not hereinabove mentioned, <br />written notice thereof shall be given SECOND PARTY setting <br />forth the basis of such claim of forfeiture, which notice shall <br />7 <br />
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