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<br />eXp~Ft 'opinion, ~nd ,s'l!all render its written decision as
<br />promptly, as, pJ:acticable. ,That decision shall then be
<br />final and binding upon the parties, subject only to
<br />judie.fal revlew as may be available under the Texas
<br />Genera.l Arbitration Act (Chapter 171" "General
<br />Arbitrationn, Texas civil Practice and Remedies Code).
<br />Costs of the arbitration shall be shared equally by the
<br />Company and the city/provided that each party shall bear
<br />its own attorneys fees.
<br />
<br />VII.
<br />
<br />city shall be entitled to a tax lien on Company/s above described
<br />property, all imp,rovements thereon, and all tangible personal
<br />property thereo.n, in the event of default in payment of n in lieu of
<br />ta~es" payments hereunder , which shall accrue pe'nalty and inte1:est
<br />;tn like' manner as delinquent taxes, and which shall be co:llecti.ble
<br />ay C':i.ty in the same manner as provided by law fo.r delinquent taxes.
<br />
<br />VIII.
<br />
<br />Thi.sAgreement, shall inure to the benefit of and be binding upon
<br />eity . and Company, and upon Company's successors and ass.i.gns,
<br />af:f':L]~~~e,s and subsidia-ries, and shall remain ,in force whe:ther
<br />c;l?IJlP~ys,elIs, assigns:, or in any o'the:r: manne,r dispo:ses o.f, either
<br />!o;~~~tar~:nY or by opera:tion of law, al~ or any part of the p.roperty
<br />}))~:h:f?~!:Iii~g to i t withi~ the territory hereinabove des:cribed, and the
<br />a9iit~~iI1t!nts: herein. contained sbaIlbeheld to be oovenants running
<br />w;dt~~t:~~:.land 'owned by' Company sdd;uated within sa,ia territo.ry, for
<br />s6:_1qp;g as this Agreement or any extension thereof remains: in
<br />fq-#~e~ .'Comp,any snal.lgive City written notice within ni~ety' (90)
<br />~~ts,.~f;th full particulars as to p,roperty as:signed and. i.dienti~y of
<br />~~~:~~~,E!~, o.fany dispo'sition of the. Land, and assignment o'f'/this
<br />-Igir'eemen:t .
<br />~; '.,','
<br />*f IX.
<br />
<br />~~'-C:i.-t;y eI1te:r:s,~nto an Ag'reement with any otbe'r lan40wner with
<br />p~l:i.pec,ttto .an industrial d:.istrict or enters into a rEi:newal o.f any
<br />~~l~~t;i.*g" inqp,s:trii;1.1 d;;ltrictagreementsafter the effeceive date
<br />lttfa;X:~~,f..~ti:.~Jili;lethis ~,rt!~ment is' inef.f.e:ct" which contains: terms
<br />~~:R':r;ov~si..Qn~-m()%"ef.a~Q.rable t:othe l~downer thanthos:e in this
<br />tlg(t~~~~t,:, 'E:!()JD,panya~d its: asslgns'I3'hal1bave: the, right to amend
<br />~'~~'_~'Jtfl~ll\E!llt' alld City ~grE!E!s.' toaniehld sam.e 'to- embrace the more
<br />favq.r,,~1:@!' terms o.f such. ~greement or':re~ewa1. agreement.
<br />
<br />x.
<br />
<br />'l.l1~<!i~~ti.es aogree that ,t.his Agree.lttent complies with ,exis,t'ing' laws
<br />p.'e;~t;,~;~i_~g, ~(), tJ:;.e s~':j:.~ct 'and tha.ta.ll te.rms.,cons'iaerations a.nd
<br />P'E>raclt,t;9"Ds ,s~:t fo:r~h~ere.in a:re law#.til" reasonabJ:~,. approp'riate,
<br />~~".,.,';t9t ."und.~ly r~'stric,tive o.f Company's businessactivitie.s.
<br />t~t::'1.I(:)~t. such a9ree~ent neither party hereto would. ,enter into this
<br />A~~~:f!:~~~t. In th~ event anyone or more words, phrases, 'clauses,
<br />S(;t~~f!.I1C~~, parag:r;-ap.hs, sections,. articles or other parts of this
<br />Agreement Or the application thereof' to any pe.rson, firm,
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