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Home My WebLink About0880 ( ! ) ih~• . I,. ..1~ ,11 t.,• c lc ~.~•d ~~:ithir? t.i~irty . ~.~y~. ,t r, : f~-1 iv,•iy c:i n~.,ilinc~ oi the .~c~r~~~•inc~nt E:~u ~.li.a,~~•, t,l ~~E;c~~i L1~~• <:l.~i.~ :li~~ly[lvtc.`d lfl tflc: .ii~..~, F ~c v,•,i t_~>,~~? 1.~,.t ,•::l~ici~~~v~~r ~i.:t~: sh~ll later. ( : ) ~.•~i ' i : i ~ tl~•~ r:.sccl.~ ti~~n ~.~xecuttd ~r?y c t i t~. c~! : i~:~•r~, in r~ecc~r:i.ible f orm shall be . . : . ~r~•:! !.c. E•~~t ,:l?~t`. ; . i t s.},,• ~,,.~.c>~:i.::.ir~n ~1i~11 f ~il to E~urchdse „r ~;r~~vi~i,_ ~,~,.rcl?,~~.t•i uE~e~n d~m~~nci of the ~,El:~rtment i~, tt,~~ ;;~.s~~~~~-r E,r~;vi~l4c:l. c~r if the puichaser ! tII;.L`.:~lt~tj l.tl~ tt'.;~(il:.l.~Ll~)R ~~ldjl C~E3fFllJit lll fll$ .:~~~.•~•rn~~r?t tc~ ~.ur;:t?.~_.~-, th~• prcpos~d transaction :1?.il~ l~~ cic~E•in.r~i tc~ t~~~v~ t~ec~n ~~pproved, dnd the :{:.:~~„_i,~tic,n ~i?~11 Furnish c~rtificate of approval ~:~h~~r~~ ~.rc,vi.i~:~l, in rc.~c~rdable f orm. ( l~ ) 1_~-:, . I f ! t«• pr-oposE d transac tion i ~ lease, tt~?e ~~~~.:i~r;~~~•nL c.~~m~r st?::11 t,~ ~cfvised of the disa~~roval i~: ti•rritiny, ~n~i th~ 1~-~+~~.~ ~i~all not b~ made. ( c; i~i_ f t :l~~vi~:c~ c,r inh~•ri t~~r?c,.r • other tran~sf~rs. If i.h~~ :sE~.lrt~n~~nt o~•m~r ~_~ivinc~ nc.tzc~ as acquired is title 1,y <~i t!, ~1~: vi or- i nl~~-r i t:~ni, c, or in any other manner, Lt~~n ~•:i thi.r~? tiiirty (:3~)~ ~f~y~ ~f ter receipt frorn the Up.:+rt~n~~r~t c;4•mc-r c:f thc- n~ticc ~nd information required to be t u r ni ~h ~•<i ~ th~- ~i~ ~.~c i.~ f ion 5h~~11 deliver or mail by r~yi ~t~~rc~:i r~wil tc: tt~~ <~~;,,rt,nent ~wner an agreem~nt to pur~:t?~~ ~t'i~• ~~p.=rLn~c•nL c~~n: erne~ by ~ purchaser approved ; k~y Li~~~ ;~~ci.~ ~i~n ~.t~u :•:iI l E:urch~::c and to vrhorn the i ~,c,;,rt nt c,~;:,-,.-•r ~;su~~ ..t~l l th~:~ .~p.~rtm~nt upon the ~ rcll:,.:ir~y t~ i:;~~: - I't~~. ~~:~1~. ~,ricr~ shall b~ the fair market v.+lu~: cl~~~~~r;~:i.r<<~ci t~y ~c~r~•~:in~nt b~tween the selle~r and tt<<~ nui~.i~.~~.•r ~::ithin thirty (3U) days frorn th~.~ delivery ' ~:I ifl.f111f1(3 ~1i •~uct~ ,:~~~re~~ment. In the absence of i ,,~~r~•~•;~~~•~?t tu E~ricE., the pricc~ sh~ll be detcrr:ined ~ ~,y .,rhit.r~:tion in ~~ccord~nce vrith ~he then existing ~ i~~lc:~ c~f th~- f,~u~-ric.~n Arbitration Association, except ~ ~t,~~t tt~~ ~rbiLr.tt~~rs shall k~e two appraisers appointed ~ . ?,y c.h~• :+n?~~ric.~n t;rbitr~tion A~sc~ciation ~^~}~o shall base ; +}:~~ir~ .i~ t.~.rrnin~:? ic;i~ upon ~n averayF of their appraisals ~,c Lt~~- .~j,.~rti~~ r: ~n~l ~ ju:igm~_nt of specific perform- ~ ~I~~ ~•i `F1~• v 1~~(iI1 th~• aw~rd r~nderi~:j t~lE.' JUI15- ~ ±i, t,i~ ~i, ;~ti~• ~-x~,,.~~~~,~~ oE tht~ ~rk~itr~~ti~,n shdll be pdid ~ 1,~ i_1,,• E:~~i ~i?~~_.~~i . in any :.u~t, ~ction f c.r s~-,ecific ~ i.,•r i~.. r-;~.~i~c_~~ t~t?.~ ,,r~-v:,il in~~ E;:1:: ty sh:~ll hc~ tntitled to : ' ~ r~~~ ~~v~~~ ~~i~ r~•<~,c~r~~~i~ .~ttc;rr?c.ys' f~es ~nci c~~urt ~ ;.~~~t.~.. incurrc:~~. ~ ) 1i~~• ~ ul ~:ts.~•:•- r~ricc. <.}~~~11 be ~-,aid in cash. ~ ~ ~ i: 1 jt,~ .,<.1.~_ .,t~..il bt clc:~c~d ti~~it1?in thirty (3U) ~ ; ;t-:y=. 1<;ti•:in~~ ;i~~:.«•r:~:ir~~:t ion of the s31~ price. ~ (=i) ~1 c~rtiii.c,-~tc~ of thE.: r'~ssociation executed G t,•r :~~:•r c1: it~ c,t : ic~~i- ~ in recordable rorm shall be a ~.'~~1.i~,..~ ~_~i r_o ti:~: f,ur~h:~st,r. - ir ~h~_~ A:,s~ci.~tion shall fail to provide ;.:.,_,'t,.:~~:r ~~s r~•~~uir~~~ by this instrum~:nt, or i: a - _.;,.:~,t~r furr~i,tl~-~ by ttic ASSOCiation shall default ~ 1-. ~:,c;r~,, nt.~nr tc; r~urchase, tt?en notwithstandinq the ~ ..r: v~~.l .t. r~t:n~_•r~.>F~i~~ sh:~ll b~ de~,~ned ~a have .,~,~;1c,v~:c±, ~r~~i tt?~~ A~~soci~tion st~?all furnish a ~ . . i: i~_.~t~ c,t ,:r:E.rc,v.~l ~l~c~wher~ prcvici~d, i^. _ - : s , :t,l. fc~, , t! • ~ : t_rnF.r~r. cvm~~r g;,: = soc~~~~ ~ ~ . ~ , _ ~ .