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RE-BID ITB # 23-10-01 JOINT PROCUREMENT CENTRAL ISLAND
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(23-10-01) Re-Bid Joint Procurement with NMB Central Island Drainage Improvements
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RE-BID ITB # 23-10-01 JOINT PROCUREMENT CENTRAL ISLAND
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10/13/2023 1:29:03 PM
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Documents shall be personally liable on this Agreement or such other WIFIA Loan Documents by <br />reason of the issuance, delivery or execution hereof or thereof. <br />Section 20.No Third Party Rights. The parties hereby agree that this Agreement creates <br />no third party rights against the Borrower, the Government, or the WIFIA Lender, solely by virtue <br />of the WIFIA Loan, and the Borrower agrees to indemnify and hold the WIFIA Lender, the <br />Servicer (if any), the Administrator, and the Government harmless, to the extent permitted by law <br />and in accordance with Section 32 (Indemnification), from any lawsuit or claim arising in law or <br />equity solely by reason of the WIFIA Loan, and that no third party creditor of the Borrower shall <br />have any right against the WIFIA Lender with respect to the WIFIA Loan made pursuant to this <br />Agreement. <br />Section 21.Borrower’s Authorized Representative. The Borrower shall at all times <br />have appointed a Borrower’s Authorized Representative by designating such Person or Persons <br />from time to time to act on the Borrower’s behalf pursuant to a written certificate furnished to the <br />WIFIA Lender and the Servicer, if any, containing the specimen signature or signatures of such <br />Person or Persons and signed by the Borrower. <br />Section 22.WIFIA Lender’s Authorized Representative. The WIFIA Lender hereby <br />appoints the Director of the WIFIA Program, whose notice details are set forth below in Section <br />31 (Notices), to serve as the WIFIA Lender’s Authorized Representative under this Agreement <br />until such time as a successor or successors shall have been appointed. Thereafter, the successor <br />in office shall serve as the WIFIA Lender’s Authorized Representative. The WIFIA Lender shall <br />provide notice to the Borrower within a reasonable time period following the succession. <br />Section 23.Servicer. The WIFIA Lender may from time to time designate another <br />entity or entities to perform, or assist the WIFIA Lender in performing, the duties of the Servicer <br />or specified duties of the WIFIA Lender under this Agreement and the WIFIA Bond. The WIFIA <br />Lender shall give the Borrower written notice of the appointment of any successor or additional <br />Servicer and shall enumerate the duties or any change in duties to be performed by any Servicer. <br />Any references in this Agreement to the WIFIA Lender shall be deemed to be a reference to the <br />Servicer with respect to any duties which the WIFIA Lender shall have delegated to such Servicer. <br />The WIFIA Lender may at any time assume the duties of any Servicer under this Agreement and <br />the WIFIA Bond. The Borrower shall cooperate and respond to any reasonable request of the <br />Servicer for information, documentation or other items reasonably necessary for the performance <br />by the Servicer of its duties hereunder. <br />Section 24.Amendments and Waivers. No amendment, modification, termination, or <br />waiver of any provision of this Agreement shall in any event be effective without the written <br />consent of each of the parties hereto. <br />Section 25.Governing Law. This Agreement shall be governed by the federal laws of <br />the United States of America if and to the extent such federal laws are applicable and the internal <br />laws of the State, if and to the extent such federal laws are not applicable. <br />Section 26.Severability. In case any provision in or obligation under this Agreement <br />shall be invalid, illegal, or unenforceable in any jurisdiction, the validity, legality and <br />54 <br /> <br />
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