Laserfiche WebLink
TABLE OF CONTENTS <br /> <br /> <br />Page <br /> <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 />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 />