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existing industrial district agreements after the 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 />0 <br />The parties agree that this Agreement complies with existing laws <br />pertaining to the subject and that all terms, considerations and <br />conditions seq. .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, 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 jurisdiction to be invalid or unconstitutional for any <br />reason, then the application,'i.nvalidity 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 />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 />To the City of La Porte: City Manager <br />City of La Forte <br />604 West Fairmont Parkway <br />La. Porte, TX 77571 <br />To Company: IWR 1NUVSTA(AL <br />(COMPANY) <br />Attention: CRX(q REYNOLO5 <br />.78O 5XV? fkf< pR. Sul 4fo <br />tp1RR cr GA os05" <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 />