Section 5
SEC. 5. The purchaser or lessee of the said plant shall be required to take over and assume all existing contracts between the Government and third parties for the supply of ice, water, cold-storage space, and other materials, or service and be subrogated to all the rights, liabilities, and obligations of the Government under said contracts: Provided, That said contracts shall be renewable at the discretion of the party or parties with whom they are now made, upon the existing conditions for a period not exceeding two years from the date or dates now provided for their expiration.