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D. Within thirty (30) days after Centennial's r eceip of the <br />title evidence and historic use evidence provide <br />Cooley <br />paragraph 3.C_ above, Centennial shall g Y <br />written notice as t-) whether title to the shares and <br />evidence of historic use of the water etitlepdefects� <br />Centennial. The not.:--e shall specify Y <br />and Cooley shall use reasonable efforts to correct any <br />title defects prior rz) date of closing.. <br />g. If Cooley is unable to provide historic use evidence <br />satisfactory to Cente .vial or to correct any title defect <br />in a manner acceptaf .e to Centennial on or before the <br />date of closing, thi. agreement shall be void and of no <br />effect, whereupon e =•'h party hereto shall be released <br />from all obligations hereunder, and all things of <br />received hereunder :..)y Cooley shall be returned to <br />ded however, that Centennial may waive <br />Centennial; provi <br />any title defect or 1y defect in historic use evidence <br />ce (.:livered to Cooley on or before <br />by written noti <br />closing. <br />F. Closing shall be held .n Februar 10 1997 at 10:00 a.m. <br />at the offices of Centennial unless the parties mutually <br />agree to a different -ate and time for closing. <br />t to: lease augmentation water <br />.G. Centennial's ag reeme ' <br />described above in paragraph 3.B. shall not be effective <br />erred <br />until Cooley's Nevada e �ntth ooks h of e he Nevada <br />to Centennial's ham <br />Folding Company. C'�oley agrees to ((operate wit <br />Centennial in arrangz_g for the transfer of said stock <br />certificates to Centennial's name. <br />H. Time is of the a ns hereof p e r formed no obligation <br />not r satisfied as <br />condition hereunder <br />herein'provided, ther: shall be the following remedies: <br />(1) if Cooley is in d=efault: <br />(a) Centennial may elect to treat this agreement s <br />as *terminated, in which case ooley shags be <br />value received hereunder by <br />returned to Centennial; or <br />(b) Centennial may elect to treat this agreement <br />annd <br />as being shall f <br />have ftheeright tofancacti <br />Centennial on <br />for specific performance. <br />r <br />