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existing industrial district agreements after tine effective date <br />hereof and while this Agreement is in effect, which contains terms <br />and provisions more favorable to the landowner than those in this <br />Agreement,. Company and its assigns shall: have the right to: amend. <br />this 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 ghat all terms:, considerations and <br />conditions set forth herein are lawful, reasonable, appropriate,. <br />and not 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, rases, c7.ause:s, <br />sentences, paragraphs, sections, articles or other parts of this <br />,Agreement or the application thereof to any person, firm, <br />corporation or circumst-ances shall be held by any court of <br />competent Jurisdiction to be invalid or unconstitutional for any <br />reason, then the application, invalidity or unconstitutionality of <br />such words, phrase, clause, sentence,.paragrraph, section <br />e, article <br />r other part :of the Agreement shall. be deemed to be independent <br />of and separable from the ;remainder of this Agreement and the <br />va-lidity of the remaining parts of this Agreement shall not be <br />affected thereby. <br />Xi.. <br />Upon the commencement ,of the term of this Agreement, all other <br />previously existing industrial district agreements with respect. to <br />said:Land shall terminate. <br />XII <br />Notices by a party to the other party hereto; shall be mailed or <br />delivered as follows <br />Company shall. promptly notify City of any change of ownership of <br />Property, any assignment of this Agreement, and of any change of <br />billing address. <br />Company shall notify City annually, on or before June 1, of any <br />changes to the following information.: <br />9 <br />