City can Sell Vessel Sample Clauses

City can Sell Vessel. If the Pen Holder fails to claim the Vessel within the period of three months after the Termination Date, the City of Mandurah may sell the Vessel by auction and the proceeds of sale may be applied in payment of all expenses as may be incurred in the disposal or sale of the Vessel, all costs of termination, all costs incurred for removal and storage of the Vessel, all outstanding fees and costs and any other damages or other money Payable to the City of Mandurah pursuant to this Licence. Any balance then remaining from the proceeds of sale will be paid to the Pen Holder. The City of Mandurah reserves the right to dispose of the Vessel by means other than sale, including but not limited to demolition and scrapping.
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