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del aqi ent taxes. : <br />VIII <br />This Agreement shall inure to the benefit of and be: _bindng upon:.:. <br />City -and.-,Company, and upon Company's successors and assigns, <br />affiliates and subsidiaries; and shall remain in force.:-hether <br />Company sells, assigns; or in any other -manner disposes .of, either <br />voluntarily or by operation of law' all .or any part of the::.: <br />propertybelonging tto it within: the territory hereinab;ove <br />described, and the: agreements herein contained shall be held to be. <br />covenants running with the band owned by Company situated within..:. <br />said territory; :for so long as this Agreement or .ary:: extension <br />thereof remains in force: Company shall give City written notice <br />within ninety (90) days, with. full: particulars as to property <br />assigned and identity of assignee, of .any .d'isposition:of the Land,... <br />and. assignment of ... this Agreement. <br />IX <br />.. If City :enters :into an Agreement .with any _.other landowner .with. <br />respect to an industrial district or .enter-s into a renewal of any <br />existing :industrial district agreementa after the .effective date <br />hereof ;and while:this Agreement is in effect, which contains 'terms <br />and: prgvis ions: :more...favorable to..the. landowner than those in. this <br />Agreement,:. Company and: is assigns shall have the: right to amend <br />this,Agreeme'nt, and City agrees. to amend. same to embrace the more <br />favorable terms of such agreement or renewal: agreement <br />X <br />Th`e parties agree that this Agreement complies with exi_st:ing laws <br />pertaining to the, subject and that all terms; corisiderat ons .and <br />conditions set forth herein are lawful, reasonable, approprzat.e; <br />and. not unduly:restrictive of Com an '. <br />p y s business activities <br />Without ,. such.agreement neither :party hereto would enter ..into this <br />... .. <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-ilsdiction to be invalid or unconsttutional:for:.::any <br />.. . <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 riot be <br />affected thereby: <br />Xi. <br />Upon ,the commencement of the term .of this: Agreement.,. all other <br />previously exiSting.ildustr al district agreements with respect. to <br />said Land shall terminate-. ... <br />:XII. <br />