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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 .............. ^ <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 ............................... ~ <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 .......................................................... 7 <br />ARTICLE N EVENTS OF DEFAULT ................................................................................. 8 <br />Section 4.1 Events of Default Defined ................................................................... 8 <br />Section 4.2 Remedies on Default ............................................................................ S <br />Section 4.3 No Remed}r Exclusive .......................................................................... $ <br />Section 4.4 No Implied Waiver .............................................................................. 8 <br />Section 4.5 Agreement to Pay Attorney's Fees and Expenses ............................... 9 <br />Section 4.6 Release and Indemnification Covenants .............................................. 9 <br />ARTICLE V ADDITIONAL PROVISIONS ...................................................................... 10 <br />Section 5.1 Conflicts of Interest ............................................................................ 10 <br />Section 5.2 Titles of Articles and Sections ........................................................... 10 <br />Section 5.3 Notices and Demands ........................................................................ 10 <br />Section 5.4 Counterparts ............................. <br />.......................................................... 10 <br />Section 5.5 Law Governing .................................................................................. 10 <br />Section 5.6 Duration ............................................................................................. 11 <br />Section 5.7 Provisions Surviving Rescission or Expiration .................................. 1 l <br />20~55~33vA <br />-i- <br />