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<br />'. <br /> <br />7. Term. Unless the context otherwise requires, all initial capitalized terms used but <br />not defined in this amendment, shall have the meaning or meanings given to such <br />terms in the Permit Agreement. This Amendment shall be deemed a part of, but <br />shall take precedence over and supersede any provisions to the contrary contained <br />in, the Permit Agreement. All references in the Permit Agreement or this <br />Amendment to the "Agreement" or the "Permit Agreement" shall be deemed to <br />refer to the Permit Agreement as modified by this Amendment, unless the context <br />otherwise requires. <br /> <br />8. Conflict. In the event there is any conflict between this Amendment and the <br />Permit Agreement the terms and conditions of this Amendment shall control. <br /> <br />EXECUTED as of the date and year set forth above. <br /> <br />"CITY" <br /> <br />"PERMITTEE" <br /> <br />CITY OF SUNNY ISLES BEACH <br /> <br />NEWPORT OPERATING MANAGEMENT <br />CORP. d/b/a NEWPORT BEACHSIDE RESORT <br /> <br />III <br />/ j ~ i <br />By:, It-tl - <br />Robert M. {Co <br /> <br /> <br /> <br />3 <br />