HomeMy WebLinkAbout2668 waterwav and such seawalls, hulkheads, piers, docks and mooring
facilities as mati• be constructed in conjunction therewith.
5. t.'aste shall be passed into the rtarine Science
Center system when established or into other treatment or dis-
posal racilities permitted b~~ law, nisposal of such wastes
shall be at the expense of the ~rantee.
n. In the event the '=rantee desires to convev the
property to anv person, firm or corporation other than the parties
' to this Deed, their respective successors or assigns, Grantee
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shall notif~~ the Grantor in writin.~ and deliver to him a copv of
the written proposal setting forth the name and location of the
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; proposed Grantee, the terms, conditions and considera~ion of
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the proposed con~,=evance. Grantor shall have thirtv davs from the
- sending of suc~ notice bv Crantee (certified mail, return receipt
_ requested) to exercise its right of first refusal and require
: convevance to Grantor, its successors or assigns upon the same
~ terms, conditions and consideration set forth in the proposal of
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= which it was notified. Said right of first refusal ~hall be
_ exercised ~'rantor sending written notice to Grantee within the
_ thirt~~-dav period (certifiec~ mail, return receipt requested~ and
_ depositing with ~rantee an~~ deposit required in the terms, con-
- ditions and consideration of the proposal of w hich it was notified.
= ttpon such exercise, the convevance shall be cor.~pleted in accordance
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with the te rn~s, conditions and consideration of such oroposal.
I;~ the event the ~'rantor, its successors or assigns fails to
exercise it~ rig`~t of first refusal within the period prescribed,
the Grantee shall be entitled to convev the propertv ir
accordance wit~-: the proposal of which the (;rantor was ~notified.
T!~is is a co~tinuing right of first refusal; the waiver of the
rig~t h~~ the c;rantor shall nat extinguish the ri~ht ef first
refusal in the event the convevance is not concluded and the
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