2008-07-02_PERMIT FILE - C1996083A ‎(2)‎

• Permit No: C1996083A
• IBM Index Class Name: Permit File
• Doc Date: 7/2/2008
• Section_Exhibit Name: Exhibit 14 Letters
• Media Type: D
• Archive: Yes

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Adjustments
ADJUSTMENT TYPE AUTHORIT`I AMOUNT
AAMINISTRATIVE FEE -GENERAL 34i CFR 22$.43 B $50
CREDIT $-1x42.4
Determination by the Authorized Officer of the quantity of materials taken is binding on Purchaser subject to
appeal only as provided in Sec. 14. AI I ma#erials in the contract area in excess of the estimated quantity
listed above are reserved by Government.
Sec. 3. Payments. passage of title, and risk of loss. Ttle to materials sold hereunder passes to Purchaser
immediately before excavation and upon proper payment for such materials. Na purl of the material sold
hereunder maybe severed, extracted. or removed by Purchaser until payment for such materials has been
made in accordance with the following:
Unless materials sold under this contract are aid for in full in advance, payment for materials must be
made In installments of not less than rya each. The first installment must be paid upon
approval of this contract.
b. Eaeh additional installment is due and payable as billed by the Authorized Officer in advance of
removal of the remaining material. The first installment wilt be retained as additional security for t#ie full and
faithful performance of this contract by Purchaser, and will be applied in whale or in part to the payment of
the fast installment required hereunder to make the total paypnent equal the total price set forth in Sec. 2,
above.
The total purchase price must equal the sum of the total quantities severed, extracted, or designated
therefor, multiplied by their respective unit prices. The balance due where less than a foil installment
nemalns to be paid upon the total price will be the value of malaria! remaining #o be severed or extracted.
Each installment will be held in suspense until file quantity of material covered thereby has been
determined. The total purchase price must be paid at feast 60 days before the expiration date of the
contract.
Upon termination, if the total payments made under the contract exceed the total value of the actual
materials removed, the excess will be returned to Purchaser. except as noted in 36 CFR 228.66.
c. Risk of loss shalt be borne by the party holding title to the mineral material at fhe time of loss except
#hat nothing herein shall be construed to relieve either party from liability for breach of contract or any
wrongful or negligent act.
Sec. 4. Stipulailon and rese~nred items. The rights of Purchaser are subject to the regulations in 36 CFR
228, Subpart C, which are made a part of this contrac#, and to the stipufafion, if any, which are attached
hereto and made a part hereof as Exhibit A.
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