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a 841 Page 8 Lessee represents that in accordance with the above, it will report this Lease to the Internal Revenue Service by filing form 0038 -G or 0030 -GC, whichever is appropriate. Lessee understands that failure to do so will cause the Lease to love its tax exempt status. Therefore, Lessee agrees that it if fails to file the appropriate form, the interest- rate set forth in the payment schedule will be adjusted to an equivalent- taxable interest rate. Notwithstanding the earlier termination or expiration of this Lease, the obligations provided for in this Section 13 shall survive such earlier termination or expiration. 14. MISCELLANEOUS. (a) Notices. All notices (excluding billings and communications in the ordinary course of business) hereunder shall be in writing, sent by certified mail, return receipts requested, addressed to the other party at its respective address stated on the first page of this Agreement- or at such other address as such party shall from time to time designate in writing to the other party; shall be effective from the date of mailing. (b) Binding Effect-. This Agreement shall inure to the benefit of and oliall be binding upon Lessor and Lcosee and their respective successors and assigns. (c) Applicable Law. This Agreement shall be governed by and construed in accordance with the laws of the County of McLennan, State of Texas. -- (d) Entire Agreement Severability. This Agreement- constitutes the entire Agreement between Lessor and Lessee. No waiver, consent, modification or change of terms of this Agreement- shall bind .either party unless in writing signed by both parties, and then ouch waiver, consent-, modification or change shall be effective only in the specific instance and for the specific purpose given. There are no understandings not specified herein regarding this Agreement- or the Equipment- leased hereunder. Any provision of this Agreement- which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent- of such prohibition or unenforceability withqut- invalidating the remaining provisions hereof, and any such prohibition or unenforceabilit-y in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. To the 'extent permitted by applicable law, Lessee hereby waives any provision of law which renders any provision hereof prohibited or unenforceable in any respect. (e) Lesoor's Right to Perform for Lessee. If Lessee fails to perform or comply with any of its agreements contained herein, Lessor shall have the right-, but shall not be obligated, to effect such performance or compliance, and the amount of any out of pocket- expenses and other reasonable expenses of Lessor incurred in connection with the performance of or compliance with ouch Agreement, together with interest thereon at the rate of twelve percent- (121.) per annum (or such leooer amount- as may be permitted by law) , shall be payable by Lessee upon demand.