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man000205 107

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man000205-107
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1 tic© this agreement shall be of no force or effect* If this agree- 2 ment shall not have been terminated as hereinbefore provided in 3 this paragraph, and if the District shall have held an ©lection and 4 shall have been authorized at said election to issue bonds for the 5 purchase of the property herein mentioned and the creation of said 6 Relocation Fund, but shall have failed to sell said bonds by Decern- 7 ber 31, 1953* then at any time after December 31, 1953# this agree- 8 ment may be terminated either by the First Parties or by the Dis- 9 trlct after having given the other party hereto not less than nine- 10 ty (90) calendar days’ notice of intention to terminate. 11 When prior to the time this agreement shall have terrain- 12 ated as hereinabove provided, the District shall have sold and re- 13 ceived the proceeds of duly authorized bonds sufficient in amount 14 to enable the District to pay the purchase price herein provided 15 and to make the deposit for the Relocation Fund required by Section 1® 5» the obligation of First Parties to sell the properties referred 1? to in Section 1 h e r e o f , and of the District to purchase the same 18 for the purchase price herein provided, shall become fixed and un- 19 conditional; and any notice theretofore given by any party hereto 20 0f intention to terminate this agreement shall be of no force and effect. 22 Section 19. Provided that this agreement has not been 23 terminated pursuant to the provisions of Section Ik hereof, each 24 of the parties hereto agree that in completing said escrow, or at 25 any time after the close of said escrow and upon written request 26 of any other party to this agreement, the party upon whom said re- 27 28 k5.