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TABLE OF CONTENTS <br /> <br />Page <br /> <br />ARTICLE I DEFINITIONS ................................................................................................. <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 <br />Section <br />Section <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 <br /> Section <br /> Section <br /> Section <br /> Section <br /> Section <br /> Section <br /> <br />Exhibit <br /> <br /> UNDERTAKINGS BY DEVELOPER AND CITY ....................................... 5 <br /> 3.1 Construction of Project and Reimbursement of Tax Abatement <br /> Property Cost ....................................................................................... 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 ............................................................... 5 <br /> 3.6 Prohibition Against Transfer of Project and Assignment of <br /> Agreement ............................................................................................ 5 <br /> 3.7 Real Property Taxes ............................................................................. 6 <br /> 3.8 Business Subsidies Act ........................................................................ 6 <br /> 3.9 Duration of Abatement Program .......................................................... 7 <br /> EVENTS OF DEFAULT ................................................................................. 8 <br /> Events of Default Defined ................................................................... 8 <br /> Remedies on Default ............................................................................ 8 <br /> No Remedy Exclusive .......................................................................... 8 <br /> No Implied Waiver .............................................................................. 8 <br /> Agreement to Pay Attorney's Fees and Expenses ................................ 9 <br /> Release and Indemnification Covenants .............................................. 9 <br /> <br /> ADDITIONAL PROVISIONS ...................................................................... 10 <br /> 5.1 Conflicts of Interest ............................................................................ 10 <br /> 5.2 Titles of Articles and Sections ........................................................... 10 <br /> 5.3 Notices and Demands ........................................................................ 10 <br /> 5.4 Counterparts ....................................................................................... 10 <br /> 5.5 Law Governing .................................................................................. 10 <br /> 5.6 Duration ............................................................................................. 11 <br /> 5.7 Provisions Surviving Rescission or Expiration .................................. ! 1 <br /> <br />A SUBSIDY AGREEMENT ........................................................................................ A- 1 <br /> <br />1630424v2 -i- <br /> <br /> <br />