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Section 8.07. Applicable Law and Venue. This Agreement is made, and shall be <br />construed and interpreted under the laws of the State of Texas. Venue for any legal proceedings <br />shall lie in State courts located in Hays County, Texas. Venue for any matters in federal court <br />will be in the United States District Court for the Western District of Texas. <br />Section 8.08. Severability. In the event any provision of this Agreement is illegal, <br />invalid, or unenforceability under the applicable present or future laws, then, and in that event, it <br />is the intention of the parties hereto that the remainder of this Agreement shall not be affected <br />thereby, and it is also the intention of the parties to this Agreement that in lieu of each clause or <br />provision that is found to be illegal, invalid, or unenforceable a provision be added to this <br />Agreement which is legal, valid and enforceability and is a similar in terms as possible to the <br />provision found to be illegal, invalid or unenforceable. <br />Section 8.09. Third Parties. The City and the Owner intend that this Agreement shall <br />not benefit or create any right or cause of action in or on behalf of any third -party beneficiary, or <br />any individual or entity other than the City and the Owner or permitted assignees of the City and <br />Owner, except that the indemnification and hold harmless obligations by the Owner provided for <br />in this Agreement shall inure to the benefit of the indemnitees named therein. <br />Section 8.10. No Joint Venture. Nothing contained in this Agreement is intended by <br />the parties to create a partnership or joint venture between the Parties, and any implication to the <br />contrary is hereby expressly disavowed. It is understood and agreed that this Agreement does <br />not create a joint enterprise, nor does it appoint either party as an agent of the other for any <br />purpose whatsoever. Except as otherwise specifically provided herein, neither party shall in any <br />way assume any of the liability of the other for acts of the other or obligations of the other. <br />Section 8.11. Counterparts. This Agreement may be executed in multiple counterparts, <br />