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<br />TABLE OF CONTENTS <br /> <br />Page <br /> <br />ARTICLE I DEFINITIONS.................... ............................................................................. I <br /> <br />Section 1.1 Definitions............................................................................................ 1 <br /> <br />ARTICLE II REPRESENTATIONS AND WARRANTIES................................................ 3 <br />Section 2.1 Representations and Warranties ofthe City......................................... 3 <br />Section 2.2 Representations and Warranties of the Developer............................... 3 <br /> <br />ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITy....................................... 5 <br />Section 3.1 Construction of Project and ReimbursemeIltm!ilf..i'lax Abatement <br /> <br />Property Cost ........................................ .;.~:~F::':...... .~:.......................... ... 5 <br /> <br />Limitations on Undertaking ofthe Ci~::::~~;..................................... 5 <br />Commencement and Completion o.~::V(ms~p................................ 5 <br />D d D. ............ ~.>,~~.... 5 <br />amage an estructlOn...... ':;;j~~0;;.:;::'::""""'" ::~!~!il's:.'..""""""""""""" <br />Change in Use of Project .. ..;:~:;;.~. ..:~..,...~............... :;.;;j!?:......................... 5 <br />Prohibition Against Tra~siirofProj~:t and Assig~~~!::~,:..: <br /> <br />Agreement................. .:Ff*Ff*;~'~;,.,.......... .'1;':;;;..................... .~.::~j?::;~:............. 5 <br />Real Property Taxes........... :;~:.-..;...... "'~~"';;:""""""""'" '.;.77$.................. 6 <br />Business Subsidies Act .........:.:~~;:~::......... ................................. ....... 6 <br />Duration of AQatement Program::;:::!:::~.................................................. 7 <br /> <br />Section 3.2 <br />Section 3.3 <br />Section 3.4 <br />Section 3.5 <br />Section 3.6 <br /> <br />Section 3.7 <br />Section 3.8 <br />Section 3.9 <br /> <br />ARTICLE IV EVENTS OF DEF A~5,,''":;u..;;....:.............. ..':':~i~~~i~;"";:""'''''''''''''''''''''' .......... 8 <br />Section 4.1 Events ofDefau~~~:i0::...................:..:~~;;~...................................... 8 <br />Section 4.2 Remedies on Defau.lt........ .M'.:.::;;;........... ...::........................................... 8 <br />Section 4.3 ~~~~11ledy Exclusi~~;.;.I,,;!:i::.. ..:::::i;~!!j~!;:::;:..................................... ......... 8 <br />Section 4.4 ~o....i:!f!#,ed Waiver .. .,:{;.;::....... .......;.r..................................................... 8 <br />Section 4.5..AgreeIij1ilt to Pay Att6~ey's Fees and Expenses ............................... 9 <br />Section 4. 6 ,.;;;;:~jj~t:!!...B.elease&d Indemnifidiio!hCovenants.............................................. 9 <br />ARTICLE V ADDITiSNA1i;g~~SIONS . ;:~:;...... ............................................ ............... 10 <br />..................~.,;;..w.;'".~~...:::;;,' <br />SeCtIglrii;K;~ Co~ts ofIn'~~....................................................................... 10 <br />S~~ti()jf5;:2 ::;j~::.Jit1e~e";A rticles ancfSections .......................................... ................. 10 <br />,S'Ction 5 .3ilotices~lDemands .................................................................... .... 10 <br />;:;~~on 5.4 ;:~~~nterp~~;~:::.................................................................................. 10 <br />Seeiin 5.5 Liij:poveriilng ............................ ...................................................... 10 <br /> <br />SectiOij5..6 Driiiiion . ...................................................................................... ...... 11 <br /> <br />Section5:~ Pr~isions Surviving Rescission or Expiration.................................. II <br /> <br />2045533v2 <br /> <br />-1- <br />