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the remainder of the Subcontract or the application of such tern or provision to other person or entity or <br />circumstances, shall not be affected thereby, and each tern and provision of the Subcontract shall be <br />valid and enforced to the fullest extent permitted by law. <br />4.4 The Subcontract shall be binding on the DB and Subcontractor, their sub - subcontractors and <br />suppliers, their representatives, heirs, successors and assigns, in respect to all covenants and obligations <br />contained in the Contract Documents, but the Subcontractor may not assign the Subcontract without the <br />prior written consent of the DB and the City. <br />ARTICLE 5 - EFFECTIVENESS <br />5.1 The Subcontract shall become binding and effective upon execution by the DB. <br />5.2 This Subcontract has been executed in several counterparts, each of which shall constitute a <br />complete original Subcontract, which may be introduced in evidence or used for any other purpose <br />without production of any other counterparts. <br />5.3 Any signatory may deliver a copy of its counterpart signature page to this Subcontract via fax or e- <br />mail. Each signatory shall be entitled to rely upon a signature of any other signatory delivered in such a <br />manner as if such signature were an original. <br />ARTICLE 6 - REPRESENTATIONS <br />6.1 Contingent Assignment. The DB's contingent assignment of this Subcontract to the City, as <br />provided in the Design/Build Contract and the Contract Documents, is effective after termination of the <br />DB by the City and the City's acceptance of the assignment in writing to the Subcontractor. The <br />Subcontractor consents to the assignment to the City of all rights and privileges of the DB and shall be <br />bound at the same price and terms as in this Subcontract to the City. Unless the City takes assignment of <br />the Subcontract (which assignment the City may elect or reject in its sole discretion), the Subcontractor <br />will not have any contractual rights or shall be entitled to assert any claims against the City, directly or <br />indirectly. Provided further, in the event of assignment, the Subcontractor acknowledges and agrees that <br />the City assumes no obligations in existence and enforceable preceding the date of assignment of this <br />Subcontract to the City. <br />6.2 Intended Third -Parry Beneficiary. The City is an intended third party beneficiary of the Subcontract, <br />entitled to enforce and /or otherwise entitled to exercise any rights hereunder for its benefit. <br />6.3 Insurance. The Subcontractor shall maintain insurance in accordance with the Contract Documents. <br />The Insurance Requirements of the City as attached hereto as Exhibit B which sets forth the minimum <br />limits of liability for the insurance required in the Contract Documents, <br />6.4 Right to Audit. The Subcontractor agrees that the City, the City Engineer, the City Authorized <br />Representative as well as any other representatives or agents designated by the City have access to and <br />the right to audit and the right to copy at the City's cost all of the Subcontractor's books, records, <br />321Page __ <br />