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Table of Contents <br />Page <br />ARTICLE I DEFINITIONS 2 <br />Section 1.1. Definitions 2 <br />ARTICLE II REPRESENTATIONS AND WARRANTIES 5 <br />Section 2.1. Representations and Warranties of the City 5 <br />Section 2.2. Representations and Warranties of the Developer 5 <br />ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY 7 <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 />Section 3.7 <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 />ARTICLE V <br />Project, Site Improvements and Legal and Administrative <br />Expenses 7 <br />Limitations on Undertaking of the City 7 <br />Reimbursement: TIF Note 7 <br />Business Subsidies Act 8 <br />Real Property Taxes 9 <br />Prohibition Against Transfer of Project and Assignment of <br />Agreement 10 <br />Execution of Assessment Agreement 10 <br />EVENTS OF DEFAULT 12 <br />. Events of Default Defined 12 <br />. Remedies on Default 12 <br />. No Remedy Exclusive 13 <br />. No Implied Waiver 13 <br />. Agreement to Pay Attorney's Fees and Expenses 13 <br />. Indemnification of City 13 <br />DEVELOPER'S OPTION TO TERMINATE AGREEMENT 15 <br />Section 5.1. The Developer's Option to Terminate 15 <br />Section 5.2. Action to Terminate 15 <br />Section 5.3. Effect of Termination 15 <br />ARTICLE VI ADDITIONAL PROVISIONS 16 <br />Section 6.1. <br />Section 6.2. <br />Section 6.3. <br />Section 6.4. <br />Section 6.5. <br />Section 6.6. <br />Section 6.7. <br />Section 6.8. <br />Section 6.9. <br />EXHIBIT A Description <br />Restrictions on Use 16 <br />Conflicts of Interest 16 <br />Titles of Articles and Sections 16 <br />Notices and Demands 16 <br />Counterparts 17 <br />Law Governing 17 <br />Expiration 17 <br />Provisions Surviving Rescission or Expiration 17 <br />Assignability of TIF Note 18 <br />of Development Property A-1 <br />EXHIBIT B Form of TIF Note B- 1 <br />76644791v2 <br />