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43-95 HOME Program
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1995
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43-95 HOME Program
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Last modified
5/14/2013 3:12:22 PM
Creation date
10/17/2007 10:01:34 AM
Metadata
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Template:
Office Of Council
Document Type
Ordinances
Date
10/17/2007
Date Adopted
5/1/1995
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<br />SECTION 10. <br /> <br />GENERAL PROVISIONS. <br /> <br />A. Entire Understanding. This Agreement constitutes the entire understanding <br />and agreement of the parties and shall not be altered or amended except by a writing executed <br />by the parties hereto. <br /> <br />B. Term of Agreement. Notwithstanding any other provlSlon of this <br />Agreement to the contrary, this Agreement shall remain in full force and effect until the later <br />of (i) the expiration of the Affordability Term or (ii) all obligations of the parties hereto to each <br />other have been fully satisfied. <br /> <br />C. Binding Agreement. This Agreement is binding upon and inures to the <br />benefit of the parties hereto, their respective successors, and assigns. <br /> <br />D. Assignment. The Eligible Borrower shall not assign this Agreement to any <br />other party without the written consent of the City on behalf of the Consortium. <br /> <br />E. Execution Counten;>arts. This Agreement may be executed in several <br />counterparts, each of which shall be regarded as an original and all of which shall constitute but <br />one and the same Agreement. <br /> <br />F. Severability. In case any section or provision of the Agreement, or any <br />covenant, stipulation, obligation, agreement, act, or action, or part thereof made, assumed, <br />entered into, or taken thereunder or any application thereof, is for any reason held to be illegal <br />or invalid, such illegality or invalidity shall not affect the remainder thereof or any other section <br />or provision thereof or any other covenant, stipulation, obligation, agreement, act, or action, or <br />part thereof made, assumed, entered into, or taken thereunder, which shall be construed and <br />enforced as if such illegal or invalid portion were not contained therein; nor shall such illegality <br />or invalidity nor any application thereof affect any legal and valid application thereof, and each <br />such section, provision, covenant, stipulation, obligation, agreement, act, or action, or part <br />thereof shall be deemed to be effective, operative, made, entered into or taken in the manner and <br />to the full extent permitted by law. <br /> <br />G. Cautions. The captions or headings in the Agreement are for convenience <br />only and in no way define, limit or describe the scope or intent of any provisions or sections of <br />this Agreement. <br /> <br />H. Laws of State Govern. This Agreement shall be deemed to be an <br />Agreement made under the laws of the State of Ohio and for all purposes shall be governed by <br />and construed in accordance with the laws of the State of Ohio. <br /> <br />12 <br />
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