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apply to any successor, heir, administrator, executor or assign of such Party who has acquired an interest in compliance with the terms of this Agreement, or under law. 10.16 Parties Not Co- Venturers. Nothing in this Agreement is intended to or does establish the Parties as partners, co- venturers, or principal and agent with one another. 10.17 City as Third Party Beneficianm. The City shall be a third party beneficiary of this Agreement. Except for the City, there shall be no third party beneficiaries of this Agreement. 10.18 Time is of the Essence. In all matters under this Agreement, the Parties agree that time is of the essence. 10.19 Counterparts. Provided that the written approval of the Executive Director is first obtained, any Project Document, other than the Developer Note, may be executed in counterparts, all of which counterparts, taken together, shall be deemed to be one and the same document. 10.20 Complete Understanding of the Parties. This Agreement contains the entire agreement between the Agency and the Developer with respect to the Property and concerning the development thereof, and all prior negotiations, understandings and agreements with respect to such matters (including without limitation the February Agreement) are superseded by this Agreement and shall hereafter be of no force and effect. No modification of this Agreement (including without limitation waivers of rights and conditions) shall be effective unless in writing and signed by the party against whom enforcement of such modification is sought and then only in the specific instance and for the specific purpose given. This Agreement is executed in three (3) duplicate originals, each of which is deemed to be an original. This Agreement includes page 1 through 40 and Exhibits A through K, which constitutes the entire understanding and agreement of the parties. This Agreement integrates all of the terms and conditions mentioned herein or incidental hereto, an supersedes all negotiations or previous agreements between the parties or their predecessors in interest with respect to all or any part of the subject matter hereof. All waivers of the provisions of this Agreement must be in writing by the appropriate authorities of the Agency and the Developer, and all amendments hereto must be in writing by the appropriate authorities of the Agency and the Developer. 39 DOCS00746041 v4\24258.0002