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ARTICLE I <br />Section 1.1 <br />ARTICLE II <br />Section 2.1 <br />Section 2.2 <br />Section 2.3 <br />Table of Contents <br />Page <br />DEFINITIONS 2 <br />Definitions 2 <br />REPRESENTATIONS AND WARRANTIES 4 <br />. Representations and Warranties of the City 4 <br />. Representations and Warranties of the Developer 4 <br />. Representations and Warranties of the Owner 5 <br />ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY 6 <br />Section 3.1. <br />Section 3.2. <br />Section 3.3. <br />Section 3.4. <br />Section 3.5. <br />Section 3.6. <br />ARTICLE IV <br />Acquisition of Development Property and Legal and <br />Administrative Expenses 6 <br />Limitations on Undertaking of the City 6 <br />Payment: TIF Note 6 <br />Business Subsidies Act 7 <br />Real Property Taxes 8 <br />Lease of Project 9 <br />EVENTS OF DEFAULT 10 <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 />Events of Default Defined 10 <br />Remedies on Default 10 <br />No Remedy Exclusive 11 <br />No Implied Waiver 11 <br />Agreement to Pay Attorney's Fees and Expenses 11 <br />Indemnification of City 11 <br />ARTICLE V OPTION TO TERMINATE AGREEMENT 13 <br />Section 5.1. Option to Terminate 13 <br />Section 5.2. Action to Terminate 13 <br />Section 5.3. Effect of Termination 13 <br />ARTICLE VI ADDITIONAL PROVISIONS 14 <br />Section 6.1. Restrictions on Use 14 <br />Section 6.2. Conflicts of Interest 14 <br />Section 6.3. Titles of Articles and Sections 14 <br />Section 6.4. Notices and Demands 14 <br />Section 6.5. Counterparts 15 <br />Section 6.6. Law Governing 15 <br />Section 6.7. Expiration 15 <br />Section 6.8. Provisions Surviving Rescission or Expiration 15 <br />Section 6.9. Transfer of Project; Assignability of Agreement 16 <br />EXHIBIT A Description of Development Property A-1 <br />EXHIBIT B Form of TIF Note B-1 <br />13580713v2 <br />