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Res 2012-007
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Res 2012-007
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Last modified
11/21/2012 3:11:05 PM
Creation date
1/20/2012 3:58:39 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2012-07
Date
1/17/2012
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ARTICLE V <br />MISCELLANEOUS <br />Section 5.1. Entire Agreement. This Agreement and the attached Exhibits constitutes the <br />entire agreement between the parties regarding this transaction and there are no representations, <br />warranties, agreements or commitments between the parties hereto except as set forth herein. <br />Unless otherwise authorized herein, no amendments or additions to this Agreement shall be <br />binding on the parties hereto unless in writing and signed by the parties. <br />Section 5.2. Non - Waiver. No delay or failure by either party hereto to exercise any right <br />under this Agreement, nor any partial or single exercise of that right, shall constitute a waiver of <br />that or any other right, unless otherwise expressly provided herein. <br />Section 5.3. Headings. Headings in this Agreement are for convenience only and shall <br />not be used to interpret or construe its provisions. <br />Section 5.4. Governing Law, This Agreement shall be construed in accordance with and <br />governed by the laws of the State of Texas. <br />Section 5.5. Counterparts. This Agreement may be executed in two or more <br />counterparts, each of which shall be deemed an original but all of which together shall constitute <br />one and the same instrument. <br />Section 5.6. Binding Effect. The provisions of this Agreement shall be binding upon and <br />inure to the benefit of the parties hereto and their respective successors and assigns; provided, <br />however, that neither party may assign any of its rights nor delegate any of its duties hereunder <br />without the other party's prior written consent, <br />Section 5.7. Validity. The invalidity of any provision or provisions of this Agreement <br />shall not affect any other provision of this Agreement, which shall remain in full force and effect, <br />nor shall the invalidity of a portion of any provision of this Agreement affect the balance of such <br />provision. <br />Section 5.8. Non - Waiver of Immunity. Nothing in this Agreement is intended as any <br />waiver by the Authority or the City of any immunity from suit to which it is entitled under Texas <br />law. <br />Section 5.9. Survival. Termination of this Agreement for breach shall not constitute a <br />waiver of any rights or remedies available at law or in equity to a party to redress such breach. <br />All remedies, either under this Agreement or at law or In equity or otherwise available to a party, <br />are cumulative and not alternative and may be exercised or pursued separately or collectively in <br />any order, sequence or combination. In addition, to these provisions, applicable provisions of <br />this Agreement shall survive any termination of this Agreement. <br />4 <br />1134316v 1 11212;01015 <br />
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