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3.18 Severability. If any provision or clause of this Agreement or any application of it <br />to any person, firm, organization, partnership or corporation is held invalid, such invalidity shall <br />not affect any other provision of this Agreement, and the Agreement shall be construed as if such <br />provisions or clauses did not exist. <br />3.19 Time is of the Essence. Time is of the essence in this Agreement. <br />3.20 No Third Party Beneficiaries. This Agreement and the performance of the <br />City's and Owner's obligations hereunder are for the sole and exclusive benefit of the City and <br />Owner. No person or entity who or which is not a signatory to this Agreement shall be deemed <br />to be benefited or intended to be benefited by any provision hereof, and no such person or entity <br />shall acquire any rights or causes of action against either the City or Owner hereunder as a result <br />of the City's or Owner's performance or nonperformance of their respective obligations Linder <br />this Agreement. <br />[Signatures on Following Page] <br />