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<br />2 <br /> <br />NOW, THEREFORE, in consideration of the mutual covenants made herein and for other <br />valuable consideration, the receipt of which is hereby acknowledged, the Authority and the County <br />agree as follows: <br /> <br />ARTICLE I. <br />DEFINITIONS AND INTERPRETATION <br /> <br />Section 1.01 DEFINITIONS. All capitalized terms used and not otherwise defined in this <br />Agreement will have the meanings given to them in this Agreement and as defined in this section <br />unless a different meaning clearly applies from the context. <br /> <br />“AMMP” means the Fargo-Moorhead Metropolitan Area Flood Risk Management Project <br />Draft Adaptive Management and Mitigation Plan, authored by USACE, which will be periodically <br />updated and amended and incorporated herein. <br /> <br />“Applicable Law” means, collectively, the Constitutions of the United States and of the <br />State, all common law and principles of equity, and all Federal, State, and local laws including, <br />without limitation, all environmental laws, statutes, treaties, codes, acts, rules, regulations, <br />guidelines, ordinances, resolutions, orders, judgments, decrees, injunctions, and administrative or <br />judicial precedents or authorities, including the interpretation or administration thereof by any <br />governmental authority charged with the enforcement, interpretation, or administration thereof, all <br />governmental approvals, and all administrative orders, awards, directed duties, requests, licenses, <br />certificates, authorizations, and permits of, and agreements with, any governmental authority, and, <br />with respect to any Person, the articles of incorporation, bylaws, or other organizational or <br />governing documents of such Person, in each case whether or not having the force of law, that are <br />applicable now or are applicable at any time hereafter to the Authority, the County, the AMMP, <br />the Section 404 Permit, or the Forest Mitigation Plan. <br /> <br />“Authority” means the Metro Flood Diversion Authority, a political subdivision of the <br />State of North Dakota and a permanent joint powers entity formed through the Joint Powers <br />Agreement to provide the Fargo-Moorhead metropolitan area with permanent and comprehensive <br />flood protection. <br /> <br />“Authority Representative” means the individual identified in Section 8.06. <br /> <br />“Best Efforts” means that a Party will act in Good Faith, act in accordance with generally <br />accepted commercial practices, and use reasonable due diligence to undertake all action <br />contemplated by this Agreement, in accordance with Applicable Law. <br /> <br />“Business Day” means any day that is not a Saturday, a Sunday, or a federal public <br />holiday. <br /> <br />“Comprehensive Project” means the Fargo-Moorhead Metropolitan Area Flood Risk <br />Management Project authorized by Section 7002(2) of the Water Resources Reform and <br />Development Act of 2014, as generally described in the Final Feasibility Report and <br />Environmental Impact Statement, Fargo Moorhead Metropolitan Area Flood Risk Management,