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Section 7.02 Severability. If any provision of this Agreement is illegal, invalid, or <br />unenforceable, under present or future laws, it is the intention of the Parties that the remainder of <br />this Agreement not be affected, and, in lieu of each illegal, invalid, or unenforceable provision, <br />that a provision be added to this Agreement which is legal, valid, and enforceable and is similar <br />in terms to the illegal, invalid or unenforceable provision as is possible. <br />Section 7.03 Waiver. Any failure by a Party to insist upon strict performance by another Party <br />of any material provision of this Agreement shall not be deemed a waiver thereof or of any other <br />provision, and such Party may at any time thereafter insist upon strict performance of any and all <br />of the provisions of this Agreement. <br />Section 7.04 Applicable Law and Venue. THE CONSTRUCTION AND VALIDITY OF <br />THIS AGREEMENT SHALL BE GOVERNED BY THE LAWS OF THE STATE OF <br />TEXAS. Venue will be in a court of appropriate jurisdiction in the Hays County, Texas. <br />Section 7.05 Attorneys' Fees and Court Costs. In the event that any matter relating to this <br />Agreement results in the institution of legal proceedings by any Party to this Agreement, the <br />prevailing Party in such proceeding shall be entitled to recover all costs and expenses incurred by <br />it in connection with such proceedings, including, without limitation, reasonable court costs and <br />attorneys' fees. <br />Section 7.06 Entire Agreement. This Agreement, including all attachments and exhibits <br />hereto, contains the entire agreement of the Parties. With the exception of the Development <br />Agreement, the Strategic Partnership Agreement, and the Utility Agreement, there are no other <br />agreements or promises, oral or written, between the Parties regarding the subject matter of this <br />Agreement. This Agreement can be amended only by written agreement signed by the City, <br />Owners, and the District (after its joinder). This Agreement and the agreements between the <br />Parties referenced in this Agreement supersede all prior agreements between the Parties <br />concerning the subject matter of this Agreement. <br />Section 7.07 Recitals, Exhibits, Headings, Construction, and Counterparts. The recitals <br />and all schedules and exhibits referenced in or attached to this Agreement are incorporated into <br />and made a part of this Agreement for all purposes. The paragraph headings contained in this <br />Agreement are for convenience only and do not enlarge or limit the scope or meaning of the <br />paragraphs. Wherever appropriate, words of the masculine gender may include the feminine or <br />neuter, and the singular may include the plural, and vice -versa. The Parties acknowledge that <br />each of them has been actively and equally involved in the negotiation of this Agreement. <br />Accordingly, the rule of construction that any ambiguities are to be resolved against the drafting <br />party will not be employed in interpreting this Agreement or any exhibits hereto. if there is any <br />conflict or inconsistency between the provisions of this Agreement and otherwise applicable City <br />ordinances, rules, or regulations, the terms of this Agreement control. This Agreement may be <br />executed in any number of counterparts, each of which shall be deemed an original and all of <br />which will together constitute the same instrument. <br />Section 7.08 Time. Time is of the essence of this Agreement. In computing the number of <br />days for purposes of this Agreement, all days will be counted, including Saturdays, Sundays, and <br />7 <br />964507_3 <br />