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L ~;m.'°nuh4 <br />. <br />,' <br />(d) THE DONEE AGREES TO THE FOLLOWING TERMS, RESERVATIONS AND RESTRICTIONS: <br />(1) From the date it receives the property listed hereon and through the <br />period(s) of time the conditions imposed by (b) and (c) above remain in effect, <br />the donee shall not sell, trade, lease, lend, bail, cannibalize, encumber, or <br />otherwise dispose of such property, or remove it permanently, for use outside <br />the State, without the prior approval of GSA under (b) or the State Agency <br />under (c). The proceeds from any sale, trade, lease, loan, bailment, encumbrance <br />or other disposal of the property, when such action is authorized by GSA or by <br />the State Agency, shall be remitted promptly by the donee to GSA or the State <br />Agency, as the case may be. <br />(2) In the event any of the property listed hereon is sold, traded, leased, <br />loaned, bailed, cannibalized, encumbered, or otherwise disposed of by the donee <br />from the date it receives the property through the period(s) of time the <br />conditions imposed by (b) and (c) remain in effect, without the prior approval <br />of GSA or the State Agency, the donee, at the option of GSA or the State Agency <br />shall pay to GSA or the State Agency, as the case may be, the proceeds of the. <br />disposal or the fair market value or the fair rental value of the property at <br />the time of such disposal, as determined by GSA or the State Agency. <br />(3) If at any time, from the date it receives the property through the <br />period(s) of time the conditions imposed by (b) and (c) remain in effect, any <br />of the property listed hereon is no longer suitable, usable, or further needed <br />by the donee for the purpose(s) for which acquired, the donee shall promptly <br />notify the State Agency, and shall, as directed by the State Agency, return <br />the property to the State Agency, release the property to another donee or <br />another State Agency, a department or agency of the United States, sell or <br />otherwise dispose of the property. The proceeds from any sale shall be remitted <br />promptly by the donee to the State Agency. <br />