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Section 19.02. Bindine Effect. This Agreement shall be binding upon and shall inure to <br />the benefit of the successors of the parties. <br />Section 19.03. Assienment and Delegation. Except to the extent expressly provided in <br />this Agreement, a Member ray not assign any right or delegate any obligation hereunder <br />without the consent of the Board. <br />Section 19.04. Amendment and Modification of the Agreement. This Agreement may <br />be amended by a supplemental agreement executed by all Members at any time (1) prior to the <br />issuance of Bonds, or (2). after the issuance of Bonds but subject to the conditions and <br />restrictions set forth in the resolution or resolutions authorizing the issuance of Bonds and in <br />any indenture. Additional Members may be added as parties to this Agreement by the <br />appropriate execution of a signature page, and no formal amendment or modification of this <br />Agreement shall be required to accomplish such purpose. <br />Section 19.05. Approvals. Whenever an approval is required by this Agreement, <br />unless the context specifies otherwise, it shall be given by resolution duly and regularly adopted <br />by the City or County whose consent is required. Whenever an approval is required by the <br />Agency, it shall be by resolution duly and regularly adopted by the Board unless such approval <br />can be given the administrative entity. <br />Section 19.06. Governing Law. This Agreement shall be govemed by, and construed <br />under and in accordance with, the laws of the State of California. <br />Section 19.07. Counterparts. This Agreement may be executed in one or mote <br />counterparts, and such counterparts, taken together, shall constitute but one and the same <br />Agreement. <br />10 <br />