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20 & 21-APPROVE ABATEMENT REQUEST AS PRESENTED
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10 October
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10.08.12
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20 & 21-APPROVE ABATEMENT REQUEST AS PRESENTED
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CITY CLERK
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C. If to the Department, to: <br />Texas Department of Transportation <br />125 East l lth Street <br />Austin, Texas 78701-2483 <br />Attention: Chief Financial Officer, State Infrastructure Bank <br />The parties hereto shall have the right from time to time and at any time to change their <br />respective addresses and each shall have the right to specify as its address any other address by at <br />least ten (10) days' written notice to the other parties hereto. <br />SECTION 9: Covenants. The Participants and the Authority covenant that they will <br />faithfully perform at all times any and all covenants, undertakings, stipulations, and provisions <br />contained in this Agreement. The Participants and the Authority covenant that they are duly <br />authorized under the laws of the State of Texas to execute and deliver this Agreement, that all <br />actions on their part as provided herein and the execution and delivery of this Agreement have <br />been duly and effectively taken according to the import thereof as provided in this Agreement. <br />SECTION 10: Venue. Any damages for the breach of this Agreement shall be paid and <br />be due in Travis County, Texas, which is the county in which the principal administrative offices <br />of the Department are located, recognizing the importance of the Department's third party <br />benefciary status of this Agreement. It is specifically agreed among the parties to this <br />Agreement that Travis County, Texas, is the place of performance of this Agreement; and in the <br />event that any legal proceeding is brought to enforce this Agreement or any provision hereof, the <br />same shall be brought in Travis County, Texas. <br />SECTION 11: Le ag 1 Fees. In the event it is necessary for any party to commence legal <br />action of any kind to enforce its rights hereunder, the prevailing party in such litigation shall be <br />entitled to collect all court costs and reasonable attorney's fees and expenses incurred in <br />connection therewith. <br />SECTION 12: Force Majeure. In the event that the performance of any of the parties of <br />any obligations or undertakings hereunder shall be interrupted or delayed by any occurrence and <br />not occasioned by the conduct of such party hereto, whether such occurrence be an act of God or <br />the common enemy or the result of war, riot, civil commotion, sovereign conduct, or the act or <br />conduct of any person or persons not party or privy hereto, then it shall be excused from such <br />performance for such period of time as is reasonably necessary after such occurrence to remedy <br />the effects thereof. <br />SECTION 13: Holidav. If the date for making any payment or the last date for <br />performance of any act or the exercising of any right, as provided in this Agreement, is not a <br />business day, such payment may be made or act performed or right exercised on the next <br />succeeding business day with the same force and effect as if done on the date provided therefor <br />herein. <br />SECTION 14: Counterparts. This Agreement may be executed in any number of <br />counterparts, each of such counterparts shall for all purposes be deemed to be an original, and all <br />such counterparts shall together constitute one and the same instrument. <br />95422970.15 - 9 - <br />
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