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Item Sh: Attachment The Public Entity may participate in any public atiction of its o�vnership interest in Che Real Property and, if applicable, Facility and bid thereon; provided that the Public Entity a�rees that if it is the successful p�irchaser it �vill not use any part of the Real Property or, if applicable, Facility for the State Program. Section 4.02 Proceeds of a Sale. Upon the sale of the Public Entity's ownership interest in the Real Property and, if applicable, Facility the proceeds thereof after the deduction of all costs directly associated and incurred in conjunction with such sale and such other costs that are approved, in writina, by the Cotnmissioner of NINIB, but not including the repayment of any debt associated with the Public Entity's o�vnership interest in the Real Property and, if applicable, Facility, shall be disbursed in the follo�ving manner and order. A. The first distribution shall be to the Commissioner of MMB in an amount equal to the Outstandin� Balance of the Pro�am Grant, and if the amount of such net proceeds shall be less than the amount of the Outstandin� Balance of the Pro�ram Grant then all of such net proceeds sha11 be disnibuted to the Commissioner of M'�IB. B. The remainin� portion, after the distribution speciFied in Section 4.02.A, shall be distributed to (i) pay in full any outstandin� Approved Debt, (ii) reimburse the Public Entity for its O�vnership Value, and (iii) to pay interested public and private entities, othzr than any such entiry that has already received the fu11 amount of its contribution (such as the State Entity under Section 4.02.A and the holders of Approved Debt paid under this Section 4.02.B), the amount of money that such entity contributed to the Initial Acquisition and Betterment Costs and the Subsequent Betterment Costs. If such remainin� portion is not sufticient to reimbursz interested public and private entities for the full amount that such entities contributed to the acquisition or betterment of the Real Property and, if applicable, Facility, then the amount available shall be distributed as such entities may � a�ree in �vritin�, and if such entities cannot a�ree by an appropriately issued court order. C. The remaining pot-tion, after the distributions specified in Sections 4.0?.A and B, shall be divided and distributed to the State Entity, the Public Entity, and any other public and private entity that contributed funds to the Initial Acquisition and Betteiment Costs and the Subsequent Betterment Costs, other than lenders who supplied any of such funds, in proportion to the contributions that the State Entity, the Public Entity, and such other public and private entities made to the acquisition and betterment of the Real Property and, if applicable, Facility as such amounts are part of the Ownership Value, Initial Acquisition and Betterment Costs, and Subsequent Betterment Costs. The distribution to the State Entity shall be made to the Commissioner of MiVIB, and the Public Entiry may direct its distribution to be made to any other entiry includin�, but not limited to, a Counterparty. All amounts to be disbursed under this Section 4.02 must be consented to, in writing, by the Commissioner of MMB, and no such disbursements shall be made without such consent. � � � ��o; ia (;�n�r!c; C�V 8on�l Pruc;:c�� Grant Aareement for Proaram End Grant�