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2006-02-22 CC Packet
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2006-02-22 CC Packet
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5/9/2006 2:36:15 PM
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2/17/2006 1:58:55 PM
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<br />intended use of the Property, provided that Sellers incur no cost and provided that no <br /> <br />governmental approvals are effective until Buyer's purchase of the Property. <br /> <br />13. NOTICE. Any notice required or permitted under this Agreement shall be <br /> <br />deemed given if delivered by personal delivery upon a party or its authorized representative; or if <br /> <br />deposited in the United States mail, postage pre-paid and sent certified mail, return receipt <br /> <br />requested; or if deposited with a nationally recognized overnight courier, with costs pre-paid. <br /> <br />Notices shall be addressed as follows: <br /> <br />If to Sellers: <br /> <br />LGL, LLC .L. )J ,.. <br />~~~1 ~/fwyf>#r/ <br /> <br />/ ; <br /> <br />City of Centerville <br />Attn: Dallas Larson <br />1880 Main Street <br />Centerville, MN 55038 <br /> <br />If to Buyer: <br /> <br />Any party or its representative may change its address by giving written notice of such <br /> <br />change, in the same manner as provided above, and said notice shall be effective ten (10) days <br /> <br />from the date notice is given. For the purposes of this Agreement, notice shall be deemed given <br /> <br />on the date notice is deposited in the United States mail, deposited with a national recognized <br /> <br />overnight courier or personally delivered upon a party or its authorized representative, all as <br /> <br />provided above. <br /> <br />14. ASSIGNMENT. Buyer shall have the right to assign this Option to an entity <br /> <br />controlled by Buyer. Any other assignment shall require the written consent of Sellers, which <br /> <br />consent shall not be unreasonably withheld or delayed. Sellers may not assign or transfer their <br /> <br />interest in the Option without the prior written consent of Buyer, which consent shall not be <br /> <br />unreasonably withheld or delayed. Upon such assignment, both the assignee and assignor shall <br /> <br />be subject to the terms and conditions of this Option, unless the parties agree otherwise. <br /> <br />6 <br /> <br />if) <br />
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