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and any review, inspection or supervision of, or information supplied to, the Developer by the City is for <br />the protection of the City and neither the Developer nor any third party is entitled to rely thereon. <br />8.12 Time of Essence. The parties' timely performance of each of the obligations set <br />forth in this City Loan Agreement is an essential term of this City Loan Agreement. <br />8.13 Survival. The City and the Developer intend that the terms of this City Loan <br />Agreement shall survive the parties' execution of the Development Agreement, Purchase Agreement, the <br />deeds and other documents referenced in the Purchase Agreement, the Loan Documents and none of the <br />terms or conditions of this City Loan Agreement shall be merged into any other documents executed in <br />connection with the transactions contemplated herein. <br />8.14 Interpretation. The City and the Developer agree that this City Loan Agreement <br />shall be interpreted without regard to which party drafted the City Loan Agreement. <br />8.15 No Relationship. The City and the Developer are not, for any purpose, partners <br />or joint ventures with respect to the development contemplated by this City Loan Agreement. <br />2701692v5 <br />of /19/11 <br />[Remainder of page intentionally left blank; <br />Signature page follows] <br />C -14 <br />