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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 3 <br />ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY 5 <br />Section 3.1 Project, Site Improvements; and Costs 5 <br />Section 3.2 Limitations on Undertaking of the City 5 <br />Section 3.3 Reimbursement: TIF Note 5 <br />Section 3.4 Prohibition Against Transfer of Project and Assignment of <br />Agreement 6 <br />Section 3.5 Real Property Taxes 6 <br />Section 3.6 Legal and Administrative Expenses 7 <br />Section 3.7 Business Subsidies Law. 7 <br />ARTICLE IV EVENTS OF DEFAULT 9 <br />Section 4.1 Events of Default Defined 9 <br />Section 4.2 Remedies on Default 9 <br />Section 4.3 No Remedy Exclusive 10 <br />Section 4.4 No Implied Waiver 10 <br />Section 4.5 Agreement to Pay Attorney's Fees and Expenses 10 <br />Section 4.6 Indemnification of City 10 <br />ARTICLE V DEVELOPER'S OPTION TO TERMINATE AGREEMENT 12 <br />Section 5.1 The Developer's Option to Terminate 12 <br />Section 5.2 Action to Terminate 12 <br />Section 5.3 Effect of Termination 12 <br />ARTICLE VI ADDITIONAL PROVISIONS 13 <br />Section 6.1 Restrictions on Use 13 <br />Section 6.2 Conflicts of Interest 13 <br />Section 6.3 Titles of Articles and Sections 13 <br />Section 6.4 Notices and Demands 13 <br />Section 6.5 Counterparts 14 <br />Section 6.6 Law Governing 14 <br />Section 6.7 Expiration 14 <br />Section 6.8 Provisions Surviving Rescission or Expiration 14 <br />Section 6.9 Assignability of TIF Note 14 <br />EXHIBIT A DESCRIPTION OF DEVELOPMENT PROPERTY A-1 <br />EXHIBIT B FORM OF TIF NOTE B-1 <br />EXHIBIT C SITE IMPROVEMENTS C-1 <br />i <br />196118333v1 <br />