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provisions of this Agreement. <br />Company agrees that if the Texas Local Government Code Section Chapter <br />42.044 "Creation of Industrial District in Extraterritorial Jurisdiction", <br />or Texas Local Government Code Chapter 43 "Municipal Annexation", is <br />amended, or any new legislation is thereafter enacted by the Legislature <br />of the State of Texas which imposes greater restrictions on the right of <br />City to annex land belonging to Company or imposes further obligations on <br />City in connection therewith after the annexation of such land, Company <br />will waive the right to require City to comply with any such additional <br />restrictions or obligations and the rights of the parties shall be then <br />determined in accordance with the provisions of said laws as the same <br />existed on January 1, 2019. <br />V. <br />This Agreement may be extended for an additional period or periods by <br />agreement between City and Company and/or its assigns even though it is <br />not extended by agreement between City and all of the owners of all land <br />within the District of which it is a part. <br />VI. <br />A. In the event Company elects to protest the valuation for tax purposes <br />set on its said properties by City or by the Harris County Appraisal <br />District for any year or years during the terms hereof, nothing in <br />this Agreement shall preclude such protest and Company shall have <br />the right to take all legal steps desired by it to reduce the same. <br />Notwithstanding such protest by Company, and except as otherwise <br />provided in Article VI(B), Company agrees to pay to City on or <br />before the date therefore hereinabove provided, at least the <br />total of (a) the total amount of ad valorem taxes on the annexed <br />portions, plus (b) the total amount of the "in lieu of taxes" on the <br />unannexed portions of Company's hereinabove described property which <br />would be due to City in accordance with the foregoing provisions of <br />this Agreement on the basis of renditions which shall be filed by <br />Company. <br />When the City or Harris County Appraisal District (as the case may <br />be) valuation on said property of Company has been so finally <br />determined, either as the result of final judgment of a court of <br />competent jurisdiction or as the result of other final conclusion <br />of the controversy, then within thirty (30) days thereafter Company <br />shall make payment to City of any additional payment due hereunder, <br />or City shall make payment to Company of any refund due, as the case <br />may be, based on such final valuation, together with applicable <br />penalties, interests, and costs. <br />B. `Should Company disagree with any appraisal made by the independent <br />appraiser selected by City pursuant to Article II above (which shall <br />be given in writing to Company), Company shall, within twenty (20) <br />calendar days of receiving City's invoice, give written notice to <br />the City of such disagreement. In the event <br />7 <br />