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<br />Page 6 <br /> <br />5. <br />TERM; TERMINATION <br />A. The term of this Agreement shall be from October 1, 1992 <br />through September 30, 1993. It is expressly agreed that either <br />party may cancel this Agreement by tendering written notice to the <br />other. Upon expiration of thirty (30) days from the date of the <br />written notice or any date specified after thirty (30) days from <br />the date of the notice, this Agreement shall be terminated. <br />B. Any funds allocated to the Chamber by the City which are <br />unencumbered or unexpended on the effective date of the termination <br />of this Agreement shall be remitted to City on or before the <br />expiration of thirty (30) days from the date of the termination. <br />6. <br />CONSTRUCTION <br />This Agreement shall be construed in accordance with the laws <br />of the State of Texas, and in particular Chapter 351 of the Texas <br />Tax Code, and with Article II of Chapter 26 of the San Marcos Code <br />of Ordinances. <br /> <br />7. <br />The Chamber shall keep its equipment, supplies, vehicles and <br />other assets separate from those purchased with hotel occupancy tax <br />funds and to be used in the performance of this Agreement.. The <br />latter shall be inventoried and identified as property of the <br />Convention and Visitors Bureau. Inventory lists shall be provided <br />by the Chamber to the Council and the City. Subsequently acquired <br />