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respective successors and assigns (subject to the provisions of this Agreement restricting transfer or <br />assignment). There are no third beneficiaries to tlus Agreement, <br />7.20 Exclusive Remedies, The rights and remedies expressly afforded under the provisions of this <br />Agreement shall not be deemed exclusive, except where otherwise eapressly indicated, and shall be in <br />addition to and cumulative with any and all nghts otherwise available at law or in equity, and the <br />exercise by either party of any one or more of such remedies shall not preclude the exercise by it, at <br />the same or different times, of any other such remedies for the same default or breach or any of its <br />remedies for any other default or breach by the other party. <br />b.21 Nonwalver of Governmeutal Rights, Subject to the tenms and conditions of ~this Agreement, <br />y mak~ng th~s ABreement, County and Transit District are specifically not obligating themselves, or <br />the other or the City, or any other agency with respect to any discredonary acdon relating to <br />development or operation of the improvements to be constructed on the Pro <br />limited to, rezoning, variances, envir~~ntal clearances or any other governmentallagency approvals <br />which are or may be required, exc~pt as expressly set forth herein. In addition, nothing herein is <br />intended, nor shall it be construed, to in any a,ay limit or restrict the ability of the County or the <br />Transit District to exercise their respective legislative powers of general applicabiliry with respect to <br />the Project or the subject matter of this Agreement, and the County and the Transit District shall be <br />entifled to exercise any and all such powers in their sole and absolute discretion to th~same extent <br />and with the same effect as if they were not Pazties to this Agreemettt, and no action taken by the <br />County or the Transit District in the exercise of their respective legislative powers of general <br />applicability shall constitute a default under or breach of ihis Agreement or give nse to any liability <br />on the part of the County or the Transit District hereunder. <br />7.22 Approvals. Where approvals of a Party aze required, that Party will approve or disapprove <br />within fifteen (15) business days after receipt of the material to be rov <br />shorter time period is specificall aPP ~, except where a longer or <br />y pmvided to the contrary in ttus Agreement. Failure by a Party to <br />approve or disapprove within said period of time shall be deemed an approval. Any disapproval shall <br />state in writing the neasons for such disapproval, ppprovals will not be unreasonably withheld, except <br />where rights of approval are reserrred to a Party's sole discretian. <br />7.23 Good Faith and Reasonableness. The Parties intend that the implied obligations of good <br />faith and fair dealing apply to this Agreement generally and that no negative inferences be drawn by <br />the absence of an explicit obligation to be reasonable in any portion of this Agreement. The <br />obligation to be reasunable shall only. be negated if arbitrariness is clearly and explicitly permitted as <br />to the specific item in question, such as in the case of a Party being given "sole discretion" or being <br />allowed to make a decision in its "sole judgment." <br />~ Executed in multiple counterparts as of the day and year first above written. <br />MARION COUNTy <br />BOARD OF COMIVIISSIONERS <br />By: _ "~ <br />Ch ' <br />By- ~,.,. <br />Commissioner <br />SALEM AREA NIqSS TRANSIT DISTRICT <br />By: <br />Courthouse Square <br />Development Agreement <br />Page - 18 <br />