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<br />have all rights under the Existing Water Line Easement and all utility lines and other <br />facilities located therein. <br /> <br />4. Representations and Warranties. La Porte represents and warrants <br />that (i) it is the owner and holder of the easement estates evidenced by the Existing <br />Sanitary Sewer Easements and Existing Access Easements and the owner of the utility <br />lines and utility facilities conveyed hereby, and (ii) it has all requisite power and <br />authority to execute this Termination and has received all necessary consents and <br />approvals of its City Council and other governmental agencies to its execution hereof. <br />Lawrence represents and warrants that he has received all necessary consents and <br />approvals of third parties to its execution hereof. <br /> <br />5. Multiple Counterparts. This Termination may be executed in <br />multiple counterparts, and by Owner and La Porte on separate counterparts, each of <br />which shall be deemed to be an original but all of which shall constitute a single <br />agreement. <br /> <br />6. Successors and Assigns. This Termination shall be binding upon <br />and inure to the benefit of Owner and La Porte and their respective heirs, personal and <br />legal representatives, successors and assigns. <br /> <br />HOU:2702631.7 <br />