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XIV. Severability. If any provision(s) of this Development Agreement is (are) held <br />invalid, the remainder of this Development Agreement shall not be affected and <br />shall remain in full force and effect. <br />XV. Entire Agreement. This Development Agreement including the Recitals and <br />Exhibits, constitute the entire understanding and agreement of the parties with <br />regazd to the subject matter contained herein. <br />XVI. Warranty of Capacity to Execute. Each party warrants that the undersigned has <br />the capacity and authority to sign this Development Agreement on its behalf. <br />XVII. Effective Date. This Development Agreement was adopted by the City Council <br />of the City pursuant to Ordinance No. which became effective thirty (30) <br />days thereafter. The effective date of this Development Agreement shall be the <br />date when it has been duly authorized and executed by both parties. <br />XVIII. Buyer Acknowledgement. Concurrently with the execution of this Development <br />Agreement, Property Owner shall obtain from Centex an acknowledgement of <br />this Development Agreement in the form attached as Exhibit F. <br />Revision #2, Draft Lin Development Agreement Page 15 of 17 <br />