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JOINT POWERS AGMT
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SANTA ANA FINANCING AUTHORITY
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JOINT POWERS AGMT
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1/3/2012 1:11:26 PM
Creation date
10/11/2005 4:20:36 PM
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<br />. <br /> <br />. <br /> <br />. <br /> <br />~ <br /> <br />\ <br /> <br />SECTION 14. SEVERABILITY <br /> <br />Should any part, term"or provision of this Agreement be <br />/ <br />decided by a court of competent jurisdiction to be illegal or in <br /> <br />conflict with any law of the State of California, or otherwise be <br />~ -- ~ <br /> <br />rendered unenforceable or ineffectual, the validity of the <br /> <br />remaining parts, terms or provisions hereof shall not be affected <br /> <br />thereby. <br /> <br />SECTION 15. SUCCESSORS; ASSIGNMENT <br /> <br />This Agreement shall be binding upon and shall inure to <br /> <br />the benefit of the successors of the parties. Except to the extent <br /> <br />expressly provided herein, neither party may assign any right or <br /> <br />obligation hereunder without the consent of the other. <br /> <br />SECTION 16. AMENDMENT OF AGREEMENT <br /> <br />This Agreement may be amended, and the Authority may be <br /> <br />terminated or its powers may be changed, restricted or eliminated <br /> <br />by supplemental agreement executed by the City and the Agency at <br /> <br />any time; provided, that such supplemental agreement shall be <br /> <br />subject to any obligations and restrictions contained in any Bonds <br /> <br />or documents related to any Bonds to which the Authority is a <br /> <br />party. <br /> <br />SECTION 17. FORM OF APPROVALS <br /> <br />Whenever an approval is required in this Agreement, <br /> <br />unless the context specifies otherwise, it shall be given, in the <br /> <br />case of the Agency, by resolution duly adopted by the members of <br /> <br />the Agency, and, in the case of the City, by resolution duly <br /> <br />adopted by the City Council of the City, and, in the case of the <br /> <br />LAI-45527.2 <br /> <br />13 <br />
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