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06-11-2018
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1/29/2025 9:15:36 AM
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8/6/2018 5:54:14 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
6/11/2018
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
6/11/2018
EDA Document Type
Council Packets
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12 <br />518333v7 DTA MU205-47 <br />d. Wherever possible, each provision of this Agreement and each related document <br />shall be interpreted so that it is valid under applicable law. If any provision of this <br />Agreement or any related document is to any extent found invalid by a court or other <br />governmental entity of competent jurisdiction, that provision shall be ineffective <br />only to the extent of such invalidity, without invalidating the remainder of such <br />provision or the remaining provisions of this Agreement or any other related <br />document. <br /> <br />e. No failure by any party to insist upon the strict performance of any covenant, <br />duty, agreement, or condition of this Agreement or to exercise any right or <br />remedy consequent upon a breach thereof, shall constitute a waiver of any such <br />breach of any other covenant, agreement, term, or condition, nor does it imply <br />that such covenant, agreement, term or condition may be waived again. The <br />action or inaction of the Authority shall not constitute a waiver or amendment to <br />the provisions of this Agreement. To be binding, amendments or waivers shall be <br />in writing and signed by the parties. The Authority’s failure to promptly take <br />legal action to enforce this Agreement shall not be a waiver or release. <br /> <br />f. Each right, power or remedy herein conferred upon the Authority is cumulative <br />and in addition to every other right, power or remedy, express or implied, now or <br />hereafter arising, available to the Authority, at law or in equity, or under any other <br />agreement, and each and every right, power and remedy herein set forth or <br />otherwise so exciting may be exercised from time to time as often and in such <br />order as may be deemed expedient by the Authority and shall not be a waiver of <br />the right to exercise at any time thereafter any other right, power or remedy. <br /> <br />g. This Agreement, together with the exhibits hereto, which are incorporated by <br />reference, constitutes the complete and exclusive statement of all mutual <br />understandings between the parties with respect to this Agreement, superseding all <br />prior or contemporaneous proposals, communications, and understandings, whether <br />oral or written, pertaining to the subject matter of this Agreement. <br /> <br />h. Data provided to the Developer or received from the Developer under this <br />Agreement shall be administered in accordance with the Minnesota Government <br />Data Practices Act, Minnesota Statutes, Chapter 13. <br /> <br />24. Assignment. The Developer may not assign any of its obligations under this Agreement <br />without the prior written consent of the Authority. <br /> <br />25. No Additional Waiver Implied by One Waiver. In the event any covenant or agreement <br />contained in this Agreement should be breached by either party and thereafter waived by the <br />other party, such waiver shall be limited to the particular breach so waived and shall not be <br />deemed to waive any other concurrent, previous or subsequent breach hereunder. <br /> <br />26. Conflict of Interests; Representatives Not Individually Liable. No officer, official, or <br />employee of the Authority shall have any personal financial interest, direct or indirect, in
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