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Owner shall be exempt from the provisions of Se~ion~ 14.122 and 14.123 of ~e <br /> Ordinan~. <br /> <br /> 8. Chanae gf ~emhla. If, during the te~ her~f, Pa~icipaflng Owner <br /> changes ownemhip, this agreement shall feminine and Pa~icipaflng Owners <br /> suc~ssor owner shall be deemed a non-Pa~cipating Owner under the O~inan~ and <br /> the exemption from ~e provisions of Se~ions 14,122 and 14.123 provided hereunder <br /> shall be null and void. Nothing heroin ~n~in~ shall be d~m~ a limi~tion upon Ci~ <br /> to approve an assignment or other t~na~r of interest hereunder to Pa~cipating <br /> Owners su~ssor or to enter into a new agr~ment wi~ said suc~ssor. For pu~oses <br /> of this paragraph, "change of ownemhip' shall include, b~ not be lim~ to, the tmns~r <br /> of Pa~iclpafing ~ne~s ~ntmlling interest to any pemon, fl~, pa~nemh~p, co~omfion, <br /> association, or other entl~ by ~le, ~nsfer of stock, or other reorganization. <br /> <br /> 9. Nona~lanabill~. Pa~icipatlng ~ner shall n~ assign, mo~gage, hy~the~te, <br /> lien, encumber, or othe~ise ~ans~r ~ls agreemenf or any interest therein witho~ the express <br /> prior wr~en consent of C~. <br /> <br /> 10. ~. PaAIcipating Owner shall defend, prote~, indemni~, and <br />hold hapless Ci~, its Council, boa~s, commissions, commifl~s, offi~m, employes, <br />and agen~ (colle~ively, "lndemn~s") from and against any and all liabili~, losses, <br />damages, claims, demands, ~uses of a~on or a~ions (colle~Jvely, 'Los~s") arising <br />out of, or in any way ~nn~ with, any failure to perform any obligation or du~ of <br />Pa~icipatlng ~ner hereunder or othe~ise adsing out of this agr~ment, ex.pt such <br />loses resuEing ~(bm Ci~'s sole n~ligen~ or willful miscondu~. The du~ of <br /> <br /> $ <br /> <br />DE$:r~ <br />F/slm'e,d~h,a."~dVltm~wood/Cotm~l <br />02J0'7/00; 03/0~,/00;03117/0OR.;03/2 l/'O0 R. <br /> <br /> <br />