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neither the DEVELOPER nor the OWNER shall not be entitled to any future credit on this <br />property, Building, or Improvement. <br />11. OWNER and DEVELOPER further agree that by the execution of this <br />Agreement, and in consideration of the mutual benefits contained herein, the OWNER and <br />DEVELOPER waive any and all legal claims against the CITY regarding the fire flow demand <br />charge imposed for the Building. <br />12. Notwithstanding other provisions of this Agreement, it is understood by both <br />parties that this Agreement is contingent upon the issuance of a building permit to DEVELOPER <br />by the appropriate governmental authorities of Miami -Dade County and/or other governmental <br />authorities and DEVELOPER's commencement of construction of the Building. Should said <br />building permit not be obtained or construction of the Building not be commenced within 120 <br />days from the date hereof, this Agreement may be terminated by CITY at any time thereafter <br />upon written notice to the OWNER, provided that OWNER and/or DEVELOPER shall pay all <br />engineering, legal or other costs, other than routine administrative costs which may have been <br />incurred by the CITY in relation to this Agreement, up to the time of receipt of such written <br />notice by the CITY. <br />13. OWNER and DEVELOPER shall hold the CITY and its officers, agents and <br />employees harmless from all suits, claims or liabilities of any nature, including attorney's fees, <br />costs and expenses for or on account of injuries or damages sustained by any persons or property <br />resulting from activities or omissions of the OWNER and DEVELOPER, its agents, employees, <br />guests or invitees related in any way to the use, maintenance, repair, or failure of operation of the <br />services; and if judgment be rendered or settlement made requiring payment of damages by <br />CITY, which damages are based on the activities or omissions of OWNER and DEVELOPER, <br />its agents, employees, guests or invitees, the OWNER and DEVELOPER shall pay the same. <br />14. OWNER and DEVELOPER shall indemnify and hold CITY and CITY'S <br />directors, officers, employees and agents harmless from any and all claims, including but not <br />limited to claims for damage to property or personal injury, resulting from or in connection with <br />the work performed or the services provided under this Agreement. Where the CITY seeks <br />indemnification from DEVELOPER under the terms of this provision, DEVELOPER shall be <br />responsible for any compensable damages as well as attorney's fees and court costs, except that <br />which is the result of the gross negligence of the CITY. <br />15. By signing this Agreement, DEVELOPER warrants that it is a limited liability <br />company in good standing in the State of Florida, that the person signing on DEVELOPER's <br />behalf is authorized to do so and shall bind DEVELOPER and that execution of this Agreement <br />shall not put DEVELOPER in breach of any other agreement, including, but not limited to, <br />financing or security arrangements. <br />Page 4 of 7 <br />