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O-2007-2992
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O-2007-2992
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Last modified
11/2/2016 3:39:22 PM
Creation date
6/28/2007 3:22:34 PM
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Legislative Records
Legislative Type
Ordinance
Date
5/21/2007
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<br />4. Agreement Does Not Affect Other Rights. Obligations or Agreements. This <br />Agreement does not supersede, modify or affect any other agreement that has <br />been or may be entered into between Company and any other taxing jurisdiction <br />or any other person or entity. <br /> <br />5. Modification of Agreement. This Agreement may be modified only by written <br />consent of all parties. <br /> <br />6. Further Assurances. The parties covenant and agree that they will execute such <br />other and further documents as are or may become necessary or convenient to <br />effectuate and carry out the purpose of this Agreement, including specifically all <br />payment in lieu of tax agreements sought by Users. <br /> <br />7. Severability. To the extent permitted by law, a holding by any court that any part <br />or any provision in this Agreement is invalid, illegal or unenforceable in any <br />respect, shall not affect any other provision, and this Agreement shall be <br />construed as if the invalid, illegal or unenforceable provision had never been a <br />part of the Agreement. <br /> <br />8. Notices. Any notice permitted or required to be given must be in wntmg <br />delivered in person or by certified U.S. Mail, return receipt requested, to the <br />applicable party addressed as follows: <br /> <br />Underwood Distribution Center, L.P. <br />c/o Mr. Robert Clay <br />Vice President <br />Clay Development & Construction Inc. <br />800 Gessner, Suite 850 <br />Houston, Texas 77024 <br /> <br />City of La Porte, Texas <br />604 W. Fairmont <br />La Porte, Texas 77571 <br />Attention: City Manager <br /> <br />9. Term of Agreement. This Agreement shall terminate upon the revocation or <br />termination of the grant of foreign trade zone status by the Foreign Trade Zone <br />Board with regard to the Facility. <br /> <br />10. Counterparts. This Agreement may be executed in multiple identical counterparts <br />and when taken together shall constitute one and the same instrument. A facsimile <br />or similar transmission of a counterpart signed by a party hereto or a copy of a <br />counterpart signed by a party hereto will be regarded as an original signed by such <br />party for purposes hereof. <br />
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