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09/04/20UB lb:Z4 b41-I/b-b31d IMU UI1Ll I lczn .+ <br />Commissioners. Promptly upon County's receipt of such funds, the County shall deposit <br />the check and make payment under the pay requests to Dernco and the purchase order to <br />the material suppliers. The County shall provide copies of the County checks and <br />disbursements to Derrico and the material suppliers. <br />S. The Owner acknowledges that the County is affording economies of scale to <br />Owner by structuring the required water facility construction as set forth herein and, <br />therefore, Owner acknowledges the obligation to promptly review and pay all such pay <br />requests, pre -paid application fee, and invoices. <br />6. The Owner acknowledges and agrees that it has the present ability to obtain <br />a loan to provide payment of all of the amounts set forth in this Agreement. <br />7, Merger: Modification, This Agreement incorporates and includes all prior <br />and contemporaneous negotiations, correspondence, conversations, agreements or <br />understandings applicable to the matters contained herein and the parges agree that there <br />are no commitments, agreements, or understandings of any nature whatsoever concerning <br />the subject matter hereof that are not contained in this document. Accordingly, It is agreed <br />that no deviation from the terms hereof shall be predicated upon any prior or <br />contemporaneous representations or agreements, whether oral or written. No alteration, <br />change, or modification of the terms of this Agreement shall be valid unless made in <br />writing and signed by the Owner and the County. <br />9. G venin w' Venue. This Agreement, including all attachments hereto, <br />shall be construed according to the laws of the State of Florida. Venue for any lawsuit <br />brought by either party against the other party or otherwise arising out of this Agreement <br />shall be in Indian River County, Florida, or, in the event of federal jurisdiction, in the United <br />States District Court for the Southern District of Florida. <br />lo. Severabili . If any term or provision of this Agreement, or the application <br />thereof to any person or circumstance shall, to any extent, be held invalid or unenforceable <br />for the remainder of this Agreement, then the application of such term or provision to <br />persons or circumstances other than those as to which it is held invalid or unenforceable <br />shall not be affected, and every other term and provision of this Agreement shall be <br />deemed valid and enforceable to the extent permitted by law. <br />11. Availability of Funds. The obligations of the County under this Agreement <br />are subject to the availability of funds lawfully appropriated for its purpose by the Board of <br />County Commissioners of Indian River County. <br />12. No Pledge of Credit. The Owner shall not pledge the County's credit or <br />make it a guarantor of payment or surety for any contract, debt, obligation, judgment, lien, <br />or any form of indebtedness. <br />13. Counterparts. This Agreement may be executed in one or more <br />counterparts, each of which shall be deemed to be an original copy and all of which shall <br />constitute but one and the same instrument. <br />2 <br />