My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
05-22-19 LPRDA/TIRZ
LaPorte
>
Agenda packets
>
La Porte Redevelopment Authorty/TIRZ (CMO) (2)
>
2019
>
05-22-19 LPRDA/TIRZ
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/13/2024 9:33:24 AM
Creation date
3/7/2025 1:22:43 PM
Metadata
Fields
Template:
City Meetings
Meeting Body
La Porte Redevelopment Authority/TIRZ
Meeting Doc Type
Agenda Packet
Date
5/22/2019
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
71
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
delivered in person shall be deemed to be given when receipted for by, or actually received by <br />the Zone, the Authority or the Developer, as the case may be. <br />9.5 Amendments and Waivers. Any provision of this Agreement may be amended or <br />waived if such amendment or waiver is in writing and is signed by the Zone, the Authority and <br />the Developer. No course of dealing on the part of the Developer, nor any failure or delay by the <br />Developer with respect to exercising any right, power or privilege of the Developer under this <br />Agreement shall operate as a waiver thereof, except as otherwise provided in this Section. <br />9.6 Successors and Assi ns. All covenants and agreements contained by or on behalf <br />of the Authority and the Zone in this Agreement shall bind their successors and permitted assigns <br />and shall inure to the benefit of the Developer and its successors and permitted assigns. The <br />Authority and the Zone may assign their rights and obligations under this Agreement or any <br />interest herein with the prior written consent of the Developer. The Developer may sell or <br />otherwise transfer the Project but only with the prior written consent of the Authority and the <br />Zone; provided, however, that Developer shall have the right to assign or pledge all or a portion of <br />the Developer's contractual right to any sum due or to become due under this Agreement to aid and <br />assist the Developer in the financing of its acquisition of the Project Site or to aid in Developer's <br />performance of its obligations hereunder, but only if the Developer provides written notice of such <br />assignment to all Parties hereunder and executes and provides to the Authority a release of its right <br />to receive such amounts in a form acceptable to the Authority and any other documentation <br />necessary, in the opinion of the Authority, to accomplish such assignment. <br />9.7 Exhibits; Titles of„Articles, Sections and Subsections. The exhibits attached to <br />this Agreement are incorporated herein and shall be considered a part of this Agreement for the <br />purposes stated herein, except that in the event of any conflict between any of the provisions of <br />such exhibits and the provisions of this Agreement, the provisions of this Agreement shall <br />prevail. All titles or headings are only for the convenience of the parties and shall not be <br />construed to have any effect or meaning as to the agreement between the parties hereto. Any <br />reference herein to a Section or Subsection shall be considered a reference to such Section or <br />Subsection of this Agreement unless otherwise stated. Any reference herein to an exhibit shall <br />be considered a reference to the applicable exhibit attached hereto unless otherwise stated. <br />9.8 Construction. This Agreement is a contract made under and shall be construed in <br />accordance with and governed by the laws of the United States of America and the State of <br />Texas. <br />9.9 Venue. All parties hereby irrevocably agree that any legal proceeding arising out <br />of or in connection with this Agreement shall only be brought in the District Courts of Harris <br />County, Texas or in the United States District Court for the Southern District of Texas, in <br />Houston, Texas. <br />9.10 Severability. All parties agree that should any provision of this Agreement be <br />determined to be invalid or unenforceable, such determination shall not affect any other term of <br />this Agreement, which shall continue in full force and effect. <br />18 <br />HW US:74002297.3 <br />
The URL can be used to link to this page
Your browser does not support the video tag.