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e - expert opinion, and shall render its written decision.as promptly as practicable. That decision shall then be final and binding upon the parties, subj-ect only to judicial review as may be available under the Texas General Arbitration Act (Chapter 171, "General Arbitration", Texas civil P:J:'actice and Remedies Code). Costs of the arbitration shall be shared equally by the Company a.nd the city; provided. that each party shall bear its own attorneys fees. VII. City shall be entitled to a tax lien on Company's above described property, all improvements thereon, i:t.nd all tangible personal. property thereon, in the event of default in, payment of "in lieu of taxes" payments hereunder, which shall i:t.ccrue penal:ty and interest in like manner as delinquent taxes, and which shall be collectible by City in the same manner as p~ovided by law for delinquent taxes. VIII. This Agreement shall inure to ~he benefit of and be binding upon ci ty and Company, and upon Company's. successors and assigns, affiliates and SUbsidiaries, and shall remain in force whether Company sells, assigns, or in any other manner disposes of, either voluntarily or by operation of law, all l~r any part of the property belonging to it within the territory hereinabove described, and the agreements herein contained shall be held to be covenants running with the land Qwned by Company situated within said territory, for so long as this Agreement or any extE!nsion thereof remains in force. Company shall give City written notice within ninety (90) days, with full particulars as to proper1:y assigned and identity of assignee, of any disposition of the Land, and assignment of this Agreement. '. ,., ' IX.. If City enters into an Agreement with any other landowner with respect to an industrial" district or enters into a renewal of any existing industrial district agreements after :the effective date hereof and while this Agreement is. in effect~ which contains terms and provisions.more favorable to the landowner than those in this Agreement, Company and its assigns shall have the right to amend this Agreement and city agrees to amend same to embrace the more favorable terms of such agreement or renewal agreement. x. The parties agree that this Agreement complies with existing laws pertaining to the. subject and that all terms, considerations and conditions set .forth herein are lawful, reasonable, appropriate, and not unduly restrictive of Company's business activities. without such agreement neither party her,eto would enter into this Agreement. In the' event anyone or more words, phrases, clauses, sentences, paragraphs, sections, articles or other parts of this Agreement or the application thereof to any person, firm, 7 ,