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ARTICLE I <br />Section <br />ARTICLE II <br />Section <br />Section <br />ARTICLE III <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />TABLE OF CONTENTS <br />Page <br />DEFINITIONS 2 <br />1.1 Definitions 2 <br />REPRESENTATIONS AND WARRANTIES 4 <br />2.1 Representations and Warranties of the City 4 <br />2.2 Representations and Warranties of the Developer 4 <br />UNDERTAKINGS BY DEVELOPER AND CITY 6 <br />3.1 Project, Site Improvements; and Costs 6 <br />3.2 Limitations on Undertaking of the City 6 <br />3.3 Reimbursement: TIF Note 6 <br />3.4 Prohibition Against Transfer of Project and Assignment of <br />Agreement 7 <br />3.5 Real Property Taxes 7 <br />3.6 Legal and Administrative Expenses 8 <br />3.7 Business Subsidies Law. 8 <br />ARTICLE IV EVENTS OF DEFAULT 10 <br />Section 4.1 Events of Default Defined 10 <br />Section 4.2 Remedies on Default 10 <br />Section 4.3 No Remedy Exclusive 11 <br />Section 4.4 No Implied Waiver 11 <br />Section 4.5 Agreement to Pay Attorney's Fees and Expenses 11 <br />Section 4.6 Indemnification of City 11 <br />ARTICLE V DEVELOPER'S OPTION TO fERMINA 1'E AGREEMENT 13 <br />Section <br />Section <br />Section <br />ARTICLE VI <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />5.1 The Developer's Option to Terminate 13 <br />5.2 Action to Terminate 13 <br />5.3 Effect of Termination 13 <br />ADDITIONAL PROVISIONS 14 <br />6.1 Restrictions on Use 14 <br />6.2 Conflicts of Interest 14 <br />6.3 Titles of Articles and Sections 14 <br />6.4 Notices and Demands 14 <br />6.5 Counterparts 15 <br />6.6 Law Governing 15 <br />6.7 Expiration 15 <br />6.8 Provisions Surviving Rescission or Expiration 15 <br />6.9 Assignability of TIF Note 15 <br />EXHIBIT A DESCRIPTION OF DEVELOPMENT PROPERTY A-1 <br />EXHIBIT B FORM OF TIF NO"lE B-1 <br />EXHIBIT C SITE IMPROVEMENTS C-1 <br />i <br />17653 1970v1 <br />