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<br />I <br /> <br />and if payment is so made, .the User IS obligations under <br />this Agreement, except for its liability under paragraph 9 <br />hereof which shall not terminate, shall terminate from and <br />after the date of such notification. <br /> <br />11. The User may, without the consent of the Corpora- <br />tion, transfer or assign this Agreement or transfer or <br />assign any or all of its rights and delegate any or all of <br />its duties hereunder to any of its subsidiaries or affil- <br />iates currently existing or hereafter created, but no such <br />transfer, assignment or delegation shall, without the <br />written consent and approval of the Corporation, relieve <br />the User of its liability for payment of Project Costs <br />under paragraphs 3 and 10 hereof or indemnification under <br />paragraph 9 hereof. <br /> <br />This Agreement and accompanying authorizing resolution <br />shall be deemed and construed a resolution authorizing the <br />issuance of the Bonds and other similar official action of <br />the Corporation, acting by and through its Board of.. Direc- <br />tors, toward the issuance of the .Bonds as herein contemplated. <br /> <br />I <br /> <br />IN WITNESS THEREOF, the City of San Marcos Industrial <br />Development Corporation acting pursuant to a resolution of its <br />Board of Directors, and Butler Nanufacturing Company have caused <br />this Agreement to be executed and attested by their duly auth- <br />orized officers as of the year and date first above written. <br /> <br />BY <br /> <br /> <br />~#~ <br /> <br />~ecretary, Board of Directors <br /> <br />CITY OF SAN 11ARCOS INDUSTRIAL <br />DEVELOPMENT CORPORATION <br /> <br />(pfltflc~. <br /> <br />(SEAL) <br /> <br />ATTEST: <br /> <br />BUTLER 11ANUFACTURING COMPANY <br /> <br />BY t~t!,(;~ <br /> <br />Trea . rer I <br /> <br />I ~~~ <br />Assistant Secretary <br /> <br />(CORPORATE SEAL) <br /> <br />- 9 - <br />