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existing industrial district agreements after the effective date <br />hereof and while this Agreement is in effect, which coxztains terms <br />and provisions mare favorable to the landowner than those in this <br />Agreement, Company and its assigns shall. have the right to amend <br />tha.s Agreement and City agrees to amend same to embrace the more <br />favorable terms of such agreement or renewal agreement. <br />x. <br />The parties agree that this Agreement complies with existing laws <br />pertaining to the subject and that all terms, considerations and <br />conditions set forth herein are lawful, reasonable, appropriate, <br />arzd net unduly restrictive of Company~s business activities. <br />Without such agreement neither party hereto would enter into this <br />Agreement. In the event any one or more words, phrases, clauses, <br />sentences, paragraphs, sections, articles or other parts of this <br />Agreement or the application thereof to any person, firm, <br />corporation or circumstances shall be held by any court of <br />competent jur~.sdiction to be invalid or unconstitutional for any <br />reason, then the application, invalidity or unconstitutionality of <br />such words,, phrase, clause, sentence, paragraph, section, article <br />or other part of the Agreement shall be deemed to be independent <br />of and separable from the remainder of this Agreement and the <br />validity of the remaining parts of this Agreement. shall not be <br />affected thereby. <br />xr. <br />Upon the corr~mencement of the term of this Agreement, all other <br />previously existing industrial district agreements with respect to <br />said T,and shall terminate_ <br />xza. <br />Notices by a party to the other party hereto, shall be mailed or <br />delivered as follows:. <br />To the City of La Porte; <br />'lo Cat~pany <br />City Manager <br />City of La Porte <br />504 Wast Fairmont Parkway <br />La Fort , ~x 7757. <br />~ ~ ~~~~ <br />Attezztion: E~.iL~epa t~nt <br />p~g ... .. <br />Company shall promptly notify City of any change of ownership of <br />Froperty, any assignment of this Agreement, and of any charge of <br />billing address. <br />Company shall notify City annually, on nr before June 1, of any <br />changes to the following information: <br />