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GENERAL50753
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GENERAL50753
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Last modified
8/24/2016 8:37:18 PM
Creation date
11/23/2007 6:13:33 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981037
IBM Index Class Name
General Documents
Doc Date
3/16/1994
From
CORLEY CO
To
DMG
Permit Index Doc Type
GENERAL CORRESPONDENCE
Media Type
D
Archive
No
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<br />their successors and assigns, but no assignment or subletting hereof by the <br />said GEC st-iall be valid until GEC has complied with the following provision: <br />In the event GEC desires to sell or assign the within lease, it shall give <br />Corley the first right of refusal ~ purchase GEC's interest hereunder and <br />the equipment owned by GEC and used in its operations on the leased pro- <br />perty on the same terms and conditions as are contained in any bona fide <br />written offer received 6y GEC. GEC shall convey such bona fide written <br />offer to Corley on receipt thereof and Corley shall have thirty (30) days <br />from the date that such written offer is sent to Corley to either accept or <br />reject the terms of said offer. If accepted by Corley, Corley shall have <br />thirty (30) days from acceptance to close or complete the transaction. In <br />the event Corley rejects the terms contained in said bona fide written offer, <br />GEC shall then be free to consummate the sale and assignment of this lease <br />on the terms and conditions contained in the offer conveyed to Corley. <br />Sales or assignments Crom or to other corporations owned by <br />the same stockholders shall be allowed, without written consent by Corley, <br />and shall not be subject to the first right of refusal granted Corley above, <br />provided, however, that in said event, the original lessee hereunder and ~ <br />any original guarantor hereunder shall remain fully responsible under this ; <br />lease. <br />i <br />16. MAPS AND RECOR US. Corley will make available to GEC all , <br />maps, drill hole records, State and Federal Bureau of Mines inspection <br />notices, rights of way leases, haulage contract permits and any other <br />documents relative to surface usage and mining on date of execution of these <br />presents. <br />17. PARTIES TO COOPERATE. By these presents, parties shall <br />use their beat efforts to further the expeditious, orderly and equitable transi- <br />lion in management on the subject premises. <br />18. FORCE MAJEURE. Neither party shall be deemed in default of <br />12 <br />~.i <br />
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