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<br />Section 6.04. Effect of Headings. The Article and Section headings herein <br />are for convenience only and shall not affect the construction hereof. <br /> <br />Section 6.05. Successors and Assigns. All covenants and agreements herein <br />by the Issuer shall bind its successors and assigns, whether so expressed or not. <br /> <br />Section 6.06. Separability. In case any provision herein shall be invalid, <br />iUegal or unenforceable, the validity, legality and enforceability of the remaining <br />provisions shall not in any way be affected or impaired thereby. <br /> <br />Section 6.07. Benefits of Agreement. Nothing herein, express or implied, <br />shall give to any Person, other than the parties hereto and their successors <br />hereunder, any benefit or any legal or equitable right, remedy or claim hereunder. <br /> <br />Section 6.08. Entire Agreement. This Agreement and the Bond Resolution <br />constitute the entire agreement between the parties hereto relative to the Bank <br />acting as Paying Agent/Registrar and if any conflict exists between this Agreement <br />and the Bond Resolution, the Bond Resolution shall govern. <br /> <br />Section 6.09. Counterparts. This Agreement may be executed in any number <br />of counterparts, each which shall be deemed an original and all of which shall <br />constitute one and the same Agreement. <br /> <br />Section 6.10. Termination. (a) This Agreement wiU terminate on the date of <br />final payment by the Bank issuing its checks for the final payment of principal and <br />interest of the Bonds. <br /> <br />(b) This Agreement may be earlier terminated upon 60 days written <br />notice by either party. <br /> <br />(c) The provisions of Section 1.02 and of Article Five shall survive, and <br />remain in full force and effect following the termination of this Agreement. <br /> <br />Section 6.11. Governing Law. This Agreement shall be construed in <br />accordance with and governed by the laws of the State of Texas. <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this Agreement as <br />of the , 1986. <br /> <br />-9- <br />