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TABLE OF CONTENTS <br /> Page <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 /> ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY 5 <br /> Section 3.1 Construction of Project and Reimbursement of Tax Abatement <br /> Property Cost 5 <br /> Section 3.2 Limitations on Undertaking of the City 5 <br /> Section 3.3 Commencement and Completion of Construction 5 <br /> Section 3.4 Damage and Destruction 5 <br /> Section 3.5 Change in Use of Project 5 <br /> Section 3.6 Prohibition Against Transfer of Project and Assignment of <br /> Agreement 5 <br /> Section 3.7 Real Property Taxes 6 <br /> Section 3.8 Business Subsidies Act 6 <br /> Section 3.9 Duration of Abatement Program 8 <br /> ARTICLE IV EVENTS OF DEFAULT 9 <br /> Section 4.1 Events of Default Defined 9 <br /> Section 4.2 Remedies on Default 9 <br /> Section 4.3 No Remedy Exclusive 9 <br /> Section 4.4 No Implied Waiver 9 <br /> Section 4.5 Agreement to Pay Attorney's Fees and Expenses 10 <br /> Section 4.6 Release and Indemnification Covenants 10 <br /> ARTICLE V ADDITIONAL PROVISIONS 11 <br /> Section 5.1 Conflicts of Interest 11 <br /> Section 5.2 Titles of Articles and Sections 11 <br /> Section 5.3 Notices and Demands 11 <br /> Section 5.4 Counterparts 11 <br /> Section 5.5 Law Governing 11 <br /> Section 5.6 Duration 12 <br /> Section 5.7 Provisions Surviving Rescission or Expiration 12 <br /> -i- <br /> 464427v2 JSB EL185-33 <br />