; (B) such covenant shall be held by the coastal state or a qualified holder designated under paragraph (2); (C) if the coastal state determines, on the record after an opportunity for a hearing, that the working waterfront covenant has been violated— (i) all right, title, and interest in and to the working waterfront covered by such covenant shall, except as provided in subparagraph (D), revert to the coastal state; and (ii) the coastal state shall have the right of immediate entry onto the working waterfront; (D) if a coastal state makes a determination under subparagraph (C), the coastal state may convey or authorize the qualified holder to convey the working waterfront or interest in working waterfront to another qualified holder