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23 <br />confidentiality of information provided by actual or potential Program Loan borrowers. <br />7.4. Nonliability_ Qf Ban sM The relationship between the Company and the <br />Banks is, and shall at all times remain, solely that of borrower and lenders. The Banks do <br />not undertake or assume any responsibility or duty to the Company to review, inspect, <br />supervise, pass judgment upon, or inform the Company in connection with any phase of <br />the Company's operations, Program Loans, or otherwise. <br />7.5. S?~~iaations S,~veral. Unless otherwise expressly provided for herein, each <br />Bank's obligations under this Agreement are several, and not joint. No Bank shall be <br />responsible for the obligations of any other Bank, nor will the failure of any Bank to <br />perform any of its obligations under this Agreement relieve any other Bank from the <br />performance of its respective obligations. <br />7.6. 'ca a The parties intend that North Cazolina law shall govern <br />all matters pertauung to this Agreement. <br />7.7. Notices. (a) All notices, requests, approvals, demands and other <br />communications given or made in connection with the terms and provisions of this <br />Agreement shall be in writing (unless otherwise provided for in this Agreement) and shall <br />be deemed to have been given or made when either delivered by hand or shown as <br />delivered by a receipt for delivery from the United States Postal Service, and sent as <br />follows: <br />(1) If to the Company, addressed as follows: President, Orange County <br />Small Business Loan Program Company, Post Office Box 1177, Hillsborough, NC <br />27278; or, <br />(2) If to the County, to Orange County Manager, Attn: Small Business <br />Loan Progrram Notice, 200 South Cameron St., Hillsborough, NC 2727$; or <br />(3) If to the Banks, as indicated on each Bank's respective signature <br />page to this Agreement. <br />(c) Any addressee may designate additional or different addresses for <br />communications. by notice given under this Section to each of the others. <br />7.8. a ili The provisions of this Agreement . are declared to be <br />severable. If any court of competent jurisdiction shall hold any provision of this <br />Agreement to be invalid and unenforceable, such holding shall not invalidate any other <br />provision hereof. <br />7.9. Definitions. Capitalized terms used in this Agreement and not otherwise <br /> <br />