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TABLE OF CONTENTS <br /> <br />Page <br /> <br />ARTICLE I DEFINITIONS...'. ............................................................................................. 1 <br /> Section 1.1 Definitions ............................................................................................ 1 <br />ARTICLE II REPRESENTATIONS AND WARRANTIES ................................................ 3 <br /> Section 2.1 Representations and Warranties of the City ......................................... 3 <br /> Section 2.2 Representations and Warranties of the Developer ............................... 3 <br /> <br />ARTICLE III <br /> Section <br /> <br />Section <br />Section <br />Section <br />Section <br />Section <br /> <br /> Section 3.7 <br /> Section 3.8 <br /> Section 3.9 <br /> <br />ARTICLE IV <br /> Section 4.1 <br /> Section 4.2 <br /> Section 4.3 <br /> Section 4.4 <br /> Section 4.5 <br /> Section 4.6 <br /> <br />ARTICLE V <br /> Section 5.1 <br /> Section 5.2 <br /> Section 5.3 <br /> Section 5.4 <br /> Section 5.5 <br /> Section 5.6 <br /> Section 5.7 <br /> <br /> UNDERTAKINGS BY DEVELOPER AND CITY ....................................... 5 <br />3.1 Construction of Project and Conveyance of Tax Abatement <br /> Property ................................................................................................ 5 <br />3.2 Limitations on Undertaking of the City ............................................... 5 <br />3.3 Commencement and Completion of Construction ............................... 5 <br />3.4 Damage and Destruction ...................................................................... 5 <br />3.5 No Change in Use of Project ............................................................... 6 <br />3.6 Prohibition Against Transfer of Project and Assignment of <br /> Agreement ............................................................................................ 6 <br /> Minimum Market Value and Real Property Taxes .............................. 6 <br /> Business Subsidies Act ........................................................................ 7 <br /> Duration of Abatement Program .......................................................... 8 <br /> EVENTS OF DEFAULT ................................................................................. 9 <br /> Events of Default Defined ................................................................... 9 <br /> Remedies on Default ................................................................. i .......... 9 <br /> No Remedy Exclusive .......................................................................... 9 <br /> No Implied Waiver .............................................................................. 9 <br /> Agreement to Pay Attorney's Fees and Expenses .............................. 10 <br /> Release and Indemnification Covenants ............................................ 10 <br /> <br /> ADDITIONAL PROVISIONS ...................................................................... 11 <br /> <br />Conflicts of Interest ............................................................................ 11 <br />Titles of Articles and Sections ........................................................... 11 <br />Notices and Demands ........................................................................ 11 <br />Counterparts ....................................................................................... 11 <br />Law Governing .................................................................................. ! 1 <br />Duration ............................................................................................. 12 <br />Provisions Surviving Rescission or Expiration .................................. 12 <br /> <br />1623869vl -i- <br /> <br /> <br />