Laserfiche WebLink
the right at any time, without consent, to assign or transfer its rights and interests under this Lease to <br />any entity controlling, controlled by or under common control withthe Company, and the Company <br />shall have the further right, without consent, to assign or transfer its rights and interests under this <br />Lease in connection with the sale or transfer of all or substantially all of its assets in western <br />Colorado to a financially responsible third party. The provisions of this Lease shall extend to and be <br />binding upon the heirs, personal representatives, successors, assigns and sublessees of Lessor and the <br />Company, The Company shall have the right to subcontract with others for the performance of <br />exploration, development and mining work hereunder, subject to all terms of this Lease, but no such <br />subcontract shall relieve the Company of its obligations to Lessor hereunder. <br />19. Notice. Notices of default or of cancellation or temunation of this Lease and all other <br />notices required or permitted hereunder shall be given by personal delivery or by registered or <br />certified mail, postage prepaid, addressed to the parties as follows: <br />If to the Company: <br />Lafarge West, Inc. <br />3794 County Road 109 <br />Glenwood Springs, CO 81601 <br />with a copy to <br />Lafarge West, Inc. <br />Land Department <br />10170 Church Ranch Way, Suite 200 <br />Westminster, CO 80021 <br />If to Lessor: <br />Clifford. Cerise Ranch Co., L.L.L.P. <br />0086 County Road 104 <br />Carbondale, CO 8.1623 <br />20. Condemnation. If the whole or any part of the property shall be taken by any public <br />authority under the power of eminent doinain at anytime during the Term of this Lease, Lessor and <br />the Company shall each be entitled to share in the award to the extent of their respective interests in <br />d if <br />the Property with respect to any taking. In the event only a portion of the Property is taken, an <br />notwithstanding such taking the Company will be able to continue to conduct its business in the <br />remainder of the Property in substantially the manner it was being conducted immediately prior to <br />such taking, this Lease shall cease Only as to the part taken. If, however, by reason of the <br />condemnation there is not sufficient property left in or upon the Property for the Company to conduct <br />its business in substantially the manner in which it was being conducted immediately prior to such <br />taking, then and in such event this Lease shall terminate. All condemnation awards on account of the <br />interest of the Lessor shall be paid to the Lessor and all awards on account of Company's leasehold <br />-15-