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matter. No amendment or modification to this Agreement shall be valid unless in writing and signed <br />by both Parties. The only relationship between the Parties is that of licensor and licensee with <br />respect to the Licensed Conduit, and otherwise as independent contracting Parties, and specifically, <br />but without limitation, the Parties are not partners in any undertaking. THIS AGREEMENT <br />SHALL BE INTERPRETED AND ENFORCED UNDER THE LAWS OF WASHINGTON <br />WITHOUT REGARD TO CONFLICTS OF LAWS. If any provision of this Agreement is <br />unenforceable, it shall be deemed stricken from this Agreement and shall have no effect on any <br />other provision. This Agreement shall be binding upon and inure to the benefit of Parties and their <br />respective representatives, successors and assigns. Headings are for convenience only and shall <br />not affect the interpretation of this Agreement. This Agreement shall become effective only upon <br />execution by both Parties. Both Parties have been represented by counsel and neither Party shall <br />be deemed to be the drafter of this document for purposes of interpreting an ambiguity against the <br />drafter. There are no third party beneficiaries of this Agreement. "Days" shall mean calendar days, <br />unless otherwise specified. Business days shall mean all days other than Saturdays, Sundays and <br />Federal holidays. No waiver shall be valid unless in writing and signed by the Party against whom <br />enforcement is sought. <br />20. Waiver. No delay or omission by either party to exercise any right or power occurring upon non- <br />compliance or failure of performance by the other parry shall impair that right or power or be <br />construed to be a waiver thereof. A waiver by either party of any of the covenants, conditions or <br />agreements to be performed by the other parry shall not be construed to be a general waiver of any <br />such covenants, conditions or agreements, but the same shall be and remain at all times in full force <br />and effect. <br />21. Severability. In the event any term, covenant or condition of this Agreement, or the application of <br />such term covenant or condition, shall be held invalid as to any person or circumstance by any court <br />having jurisdiction, all other terms, covenants and conditions of this Agreement and their <br />application shall not be affected thereby, but shall remain in force and effect unless a court holds <br />that the invalid term, covenant or condition is not separable from all other terms covenants and <br />conditions of Agreement. <br />IN WITNESS WHEREOF, the Parties have caused this Asset Exchange Agreement to be executed by their <br />respective duly authorized representatives as of the day and year first above written. <br />ZAYO GROUP, LLC <br />By: <br />Print Name: <br />Title: <br />Date: <br />CITY OF TUKWILA <br />By: <br />Print Name: <br />Title: <br />Date: <br />Page 11 of 14 <br />76 <br />