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10.4 Severability. In the event that any one or more of the phrases, sentences, clauses, paragraphs, or <br />sections contained in this contract shall be declared invalid or unenforceable by a valid judgment or decree of a <br />court of competent jurisdiction, such invalidity or unenforceability shall not affect any of the remaining phrases, <br />sentences, clauses, paragraphs, or sections of this contract that are hereby declared as severable and shall be <br />interpreted to carry out the intent of the parties hereunder unless the invalid provision is so material that its invalidity <br />deprives either party of the basic benefit of their bargain or renders this contract meaningless. <br />10.5 Corporate Authority. The persons executing this contract on behalf of the parties hereby warrant <br />that (i) such party is duly organized and existing, (ii) they are duly authorized to execute and deliver this contract on <br />behalf of said party, (iii) by so executing this contract, such party is formally bound to the provisions of this contract, <br />and, (iv) the entering into this contract does not violate any provision of any other agreement to which said party is <br />bound. <br />-12- <br />CDBG Agreement with <br />ECHO Landlord Tenant Counseling Services FYGB-1G <br />