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violation. Upon actual receipt of such notice, the Party shall have one hundred eighty (180) days <br />to correct such violation. In the event such violation of this Agreement is not corrected by the <br />expiration of said one hundred eighty (180) days, this Agreement, subject to the applicable <br />regulations of any jurisdictional regulatory authority, may be terminated by giving no less than <br />sixty (60) days written notice, but no other remedy or remedies, available under the law, for such <br />violation shall be limited in any way because of this provision or the exercise of the right <br />conferred hereunder. <br />15.2 The failure of a Party to this Agreement to insist, on any occasion, upon strict <br />performance of this Agreement will not be considered to waive the obligations, rights, or duties <br />imposed upon the Parties by this Agreement. <br />ARTICLE XVI- MISCELLANEOUS PROVISIONS <br />16.1 Any undertaking by a Party to the other Party under this Agreement shall not <br />constitute the dedication of the electrical system or any portion thereof of that Party to the public <br />or to the other Party, and it is understood and agreed that any such undertaking shall cease upon <br />the termination of this Agreement. <br />16.2 The several provisions of this Agreement are not intended to and shall not create <br />rights of any character in, nor be enforceable by, parties other than the signatories to this <br />Agreement and their assigns. <br />16.3 Neither Party shall be liable to the other for any indirect, consequential, <br />incidental, punitive, or exemplary damages. <br />16.4 This Agreement shall not affect the obligations or rights of either Party with <br />respect to other agreements. Both Parties to this Agreement represent that there is no agreement <br />or other obligation binding upon it, which, as such Party is presently aware, would limit the <br />effectiveness or frustrate the purpose of this Agreement. <br />16.5 This Agreement may be amended only upon mutual agreement of the Parties, <br />such amendment will not be effective until reduced in writing and executed by the Parties. <br />16.6 The descriptive headings of the various sections of this Agreement have been <br />inserted for convenience of reference only and are to be afforded no significance in the <br />interpretation or construction of this Agreement. <br />16.7 The invalidity of one or more phrases, sentences, clauses, Sections or Articles <br />contained in this Agreement shall not affect the validity of the remaining portions of this <br />Agreement so long as the material purposes of this Agreement can be determined and carried out. <br />LCRA TSC — San Marcos Electric Utility Page 12 of 39 <br />