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920. Time of the Essence. Time is of the essence under this Agreement and in the <br /> <br /> performance of every term, covenant, and obligation contained herein. <br /> 921. Conflict of Interest. No member, official or employee of the City shall have any <br /> direct or indirect interest in this Agreement, nor participate in any decision relating to the <br /> Agreement which is prohibited by law. <br /> 922. Warranty Against Payment of Consideration. Developer warrants that it has not <br /> paid or given, and will not pay or give, any third person any money or other consideration for <br /> obtaining this Agreement. <br /> 923. Nonliability of City Officials and Employees. No member, official or employee <br /> of City shall be personally liable to Developer, or any successor in interest, in the event of any <br /> default or breach by City or for any amount which may become due to Developer or successor, <br /> or on any obligation under the terms of this Agreement. <br /> 924. Authority to Enter Agreement. Each undersigned represents and warrants that its <br /> signature hereinbelow has the power, authority and right to bind their respective parties to each of <br /> the terms of this Agreement, and shall indemnify the City fully, including reasonable costs and <br /> attorney's fees, for any injuries or damages to City in the event that such authority or power is not, <br /> in fact, held by the signatory or is withdrawn. <br /> 24 <br /> 25K-60 <br /> <br />