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GENERAL40571
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GENERAL40571
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Last modified
8/24/2016 7:59:44 PM
Creation date
11/23/2007 10:45:17 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1988081
IBM Index Class Name
General Documents
Doc Date
11/12/1996
From
ASTRID L COVEY
To
EAST WEST MINING CORP INC
Media Type
D
Archive
No
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SECTION FOUR <br />9.1. Taxes. Sellers shall pay all real Property taxes <br />levi~=_d or assessed upon the Property, existing improvements, <br />and any improvements placed thereon by Sellers. However, Sellers <br />shal]. not be liable for taxes on any tools, equipment, machinery, <br />facilities or improvements placed upon the Property by Buyers <br />unless Buyers fails to remove them within the time provided <br />by this agreement in section two 2.5.. <br />SECTION FIVE <br />Termination and Default <br />`.i.1, Termination. Buyers shall have the right to abandon <br />and terminate this agreement at any time. However, upon <br />terminating the agreement, Buyers must give thirty i30) days <br />written notice. Buyers shall thereafter be relieved of all <br />obligation and responsibilities and the agreement shall be <br />terminated. Buyers will provide Sellers with all factual data <br />collecr_ed on the Property. <br />Iii the event of a voluntary termination by Buyers, Buyers <br />shall =_:urrender possession of the Property to Sellers and shall <br />have nc further liability or obligation under this agreement <br />except for its obligation to pay any moneys or royalties them <br />owed to Sellers, and any money owed for materials, labor or :- <br />any cost accrued in the mining operations including the cost <br />of removal of all equipment as stated in section two 2.5. and <br />all responsibilities with regards to the reclamation requirements <br />shall be the duty of Buyers. In the event that Buyers fails <br />P6 <br />;~G <br />r <br />/^~% ,. <br />
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