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<br />, . <br /> <br />8.11 Legal Actions. <br /> <br />In the event any legal action is commenced to interpret or to enforce the terms of this <br />Agreement or to collect damages as a result of any breach thereof, the Party prevailing in any <br />such action shall be entitled to recover against the Party not prevailing all reasonable attorneys' <br />fees and costs incurred in such action. <br /> <br />8.12 Bindin2 Effect Due Authorization. <br /> <br />This Agreement shall be binding upon and inure to the benefit of the heirs, <br />administrators, executors, successors in interest and assigns of each of the Parties hereto. Any <br />reference in this Agreement to a specifically named Party shall be deemed to apply to any <br />successor, heir, administrator, executor or assign of such Party who has acquired interest. <br />Developer hereby represents and warrants that all actions necessary on the part of Developer to <br />authorize the execution of this Agreement and to undertake the actions contemplated hereby <br />have been undertaken, and the person(s) executing this Agreement on behalf of Developer have <br />been duly authorized to do so. <br /> <br />8.13 Parties Not Co-Venturers. <br /> <br />Nothing in this Agreement is intended to or does establish the Parties as partners, co- <br />venturers, or principal and agent with one another. <br /> <br />8.14 Time is of the Essence. <br /> <br />In all matters under this Agreement, the Parties agree that time is of the essence. <br /> <br />8.15 Complete Understanding of the Parties. <br /> <br />This Agreement, constitutes the entire understanding and agreement of the Parties with <br />respect to the subject matter hereof, and supersedes all prior negotiations, documents and <br />discussions pertaining thereto. This Agreement, together with the attached Exhibits, constitutes <br />the final and exclusive understanding and agreement of the Parties and supersedes all <br />negotiations or previous agreements of the Parties with respect to all or any part of the subject <br />matter hereof. The Exhibits attached to this Agreement are incorporated herein for all purposes. <br /> <br />8.16 Good Faith. <br /> <br />The Parties recognize that it is impractical in this Agreement to provide for every <br />contingency which may arise during the life of the Agreement, and the Parties hereby agree that <br />it is their intention that this Agreement shall operate fairly between them and without detriment <br />to the interests of any of them, and that, if during the term of this Agreement any Party believes <br />that this Agreement is operating unfairly, the Parties will use their best efforts to agree on such <br />action as may be necessary to remove the cause or causes of such unfairness. <br /> <br />A TTY IAGRJ2008.013 <br />022708 <br /> <br />21 <br />