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GENERAL38028
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GENERAL38028
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Last modified
8/24/2016 7:57:57 PM
Creation date
11/23/2007 9:26:13 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1987024
IBM Index Class Name
General Documents
Doc Date
11/6/1995
Doc Name
AGREEMENT OF PURCHASE & SALE
Media Type
D
Archive
No
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(~ <br />~•,w J~j,~ ~ acl'~i:J <br />inventory of fish in the same manner as their o~•rn stock of <br />fish during the period such inventory is in Buyer:' posses- <br />sion and Buyers shall be permitted to retain all Burns re- <br />ceived for Sellers' inventory of fish over and above t-lie <br />prices set forth in the above schedule. Buyers shall advise <br />Sellers on a monthly basis of any 'losses of such i~~ventory. <br />16. Adjustments. Insurance premiums, ditch assess-- <br />ments and any similar assessments shall be prorated and <br />adjusted to the date of closing hereof. <br />17. Option to Purchase Equipment. As a part of the <br />consideration to Buyers for entering into this transaction, <br />Sellers give and grant to Buyers the right and option to <br />purchase that certain D-6 Caterpillar Bulldozer presently <br />owned by Sellers, at and for a total price of $7,500.00, <br />which option may be exercised by Buyers at any time prior to <br />the date of closing of this transaction by notifying Sellers <br />in writing of Buyers' exercise of option. Payment for said <br />bulldozer shall be made in cash at the time of closing <br />hereof. It is further understood and agreed that Buyers <br />shall have the right to purchase at the time of closing <br />hereof any of the equipment and other personal property <br />listed and described on Exhibit "D" hereto at prices to be <br />negotiated by Sellers and Buyers at such time, and Sellers <br />shall not sell or dispose of any of such property prior i:o <br />closing without first offering the same to Buyers at a price <br />equal to any offer received for purchase thereof. <br />/ 18. Condemnation. In the case of taking of the <br />property or any part thereof by eminent domain, the parties <br />agree as follocas: <br />a. In the event of a taking of a material part of <br />the property (herein deemed to be any taking greater <br />than immaterial as defined below), Buyers shall have <br />the option to declare this agreement null and void (in <br />which event Sellers shall. refund Buyers' eaniest money <br />deposit and neither party shall have any furL-her right <br />or obligation to or against the other) or to accept. the <br />-].4- <br />
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