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6.2 The abatement granted herein shall be subject to and governed by the Criteria <br />and Guidelines for Tax Abatement, a copy of which is attached hereto as %·§¨¡¨³ 3 and <br />incorporated herein by reference, save and except that, in the event of a conflict between the <br />requirements of %·§¨¡¨³ 3 and this Agreement, this Agreement shall control. <br />6.3 Owner covenants and agrees that subsequent to the date of this Agreement, <br />any application by Owner for a new tax abatement for equipment or real property located <br />within the Property and the Enterprise Zone applicable to this Agreement shall be subject to <br />and governed by the City’s Criteria and Guidelines for Tax Abatement in effect at the time of <br />the new application. <br />VII. <br />.® #®­¥«¨¢³ ®¥ )­³¤±¤²³ <br />7.1 The Owner represents and warrants that the Property does not include any <br />Property that is owned or leased by a member of the Planning and Zoning Commission of the <br />City of Paris, nor by a member of the City Council approving, or having responsibility for the <br />approval of, this Agreement. <br />VIII. <br />Conditions <br />8.1 The terms and conditions of this Agreement are binding upon and enforceable <br />against and with respect to the successors and assigns of all parties hereto. <br /> <br /> 8.2 It is understood and agreed between the parties that the Owner, in performing <br />its obligations hereunder, is acting independently; the City assumes no responsibility or <br />liability in connection therewith to third parties; and Owner agrees to indemnify and hold <br />the City harmless therefrom. It is further understood and agreed among the parties that the <br />City, in performing its obligations hereunder, is acting independently; the Owner assumes <br />no responsibility or liability in connection therewith to third parties; and, to the extent <br />permissible by law, the City agrees to indemnify and hold harmless the Owner therefrom. <br /> <br />IX. <br />#®¬¯«¨ ­¢¤ 0±®µ¨²¨®­² <br /> <br />9.1 #¨³¸Ȍ² 2¨¦§³ ®¥ !¢¢¤²² ³® 2¤¢®±£²: The Owner agrees that the City, its agents <br />and employees, shall have the reasonable right to review records concerning the Owner’s <br />investment in the Improvements for the purpose of conducting an audit of the Project <br />Improvements and Project costs. Any such audit shall be made only after giving the Owner <br />at least fourteen (14) days advance written notice and will be conducted in such a manner <br />as to not unreasonably interfere with the operation of the facility. Upon request, the Owner <br />will provide the City with a detailed Asset Report with an itemized list of assets placed into <br />service from the date of execution of this Agreement to the date of completion. The Asset <br />Report will provide for each asset a unique serial and/or other identification number (if <br />available), the date on which the asset was capitalized, the acquisition amount, and the <br />5 <br /> <br />