Laserfiche WebLink
15. Effect of Invalidity. If any portion of this Lease is held invalid or <br /> unenforceable for any reason by a court of competent jurisdiction as to either party or as <br /> to both parties,the parties will immediately negotiate valid alternative portions that as <br /> near as possible give effect to any stricken portions. <br /> 16.Successors and Assigns. This Lease and the rights and obligations created <br /> hereby shall be binding upon and inure to the benefit of the parties hereto and their <br /> respective successors and assigns in the event assignment is allowed. <br /> 17. Waiver or Breach. Waiver or breach of any of the provisions of this Lease by <br /> either party shall not constitute a continuing waiver of any subsequent breach by said <br /> party of either the same or any other provision of this Lease. <br /> 18. Multiple Originals. This Lease may be simultaneously executed in any <br /> number of counterparts, each one of which shall be deemed an original,but all of which <br /> constitute one and the same Lease. <br /> . 19.Headings for Convenience. Headings and titles contained herein are intended <br /> for the convenience and reference of the parties only and are not intended to define, limit, <br /> or describe the scope of intent of any provision of this Lease. <br /> 20. Recordation. Following the execution of this Lease,the Lessee may cause <br /> this Lease,or a memorandum of the same,to be recorded with the Clerk and Recorder's <br /> Office of any Colorado County,as it may desire. Upon termination of this Lease,Lessee <br /> shall execute and record such additional documents as Lessor may reasonably may <br /> require to provide notice of termination. <br /> 21.Survival of Representations. Each and every covenant,promise, and <br /> payment contained in this Lease shall not merge in any deed, assignment, covenant, <br /> escrow agreement,easement lease or any other document,but shall survive each <br /> nevertheless, and be binding and obligatory upon each of the parties hereto. <br /> 22. Sole Obligation of Water Enterprise. The parties agree that any and all <br /> obligations of Lessee under this Lease are the sole obligations of the Lower Arkansas <br /> Valley Water Conservancy District, acting by and through its Water Enterprise, and as <br /> such, shall not constitute a general obligation or other indebtedness of the Lower <br /> Arkansas Valley Water Conservancy District, or a multiple fiscal year direct,or indirect <br /> or other financial obligation whatsoever of the Lower Arkansas Valley Water <br /> Conservancy District,within the meaning of any Constitutional, statutory, or other <br /> limitation. The parties also agree that Lessor shall not have any recourse against any of <br /> the properties or revenues of the Lower Arkansas Valley Water Conservancy District, <br /> except that in order to satisfy any non-appealable judgment against Lessee, Lessor shall <br /> have recourse against the net revenues of the Lower Arkansas Valley Water Conservancy <br /> District Water Enterprise, that are available therefor in the Lower Arkansas Valley Water <br /> Conservancy District Water Enterprise Fund,or any successor enterprise fund, after <br />