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TABLE OF CONTENTS <br /> Page <br /> ARTICLEI. DEFINITIONS................................................................................................. 2 <br /> Section1.1 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 Project and Development Property and Payment of Costs.................. 7 <br /> Section 3.2 Reimbursement: Tax Increment Note.................................................. 7 <br /> Section 3.3 Business Subsidies Act........................................................................ 8 <br /> Section 3.4 Execution of Assessment Agreement.................................................. 9 <br /> Section 3.5 Real Property Taxes.......................................... <br /> Section3.6 Upfront Fees....................................................................................... 10 <br /> ARTICLE IV. EVENTS OF DEFAULT............................................................................... 11 <br /> Section 4.1 Events of Default Defined ................................................................. 11 <br /> Section 4.2 Remedies on Default.......................................................................... 12 <br /> Section 4.3 No Remedy Exclusive........................................................................ 12 <br /> Section 4.4 No Implied Waiver............................................................................ 12 <br /> Section 4.5 Agreement to Pay Attorney's Fees and Expenses ............................. 12 <br /> Section 4.6 Indemnification of City...................................................................... 12 <br /> ARTICLE V. ADDITIONAL PROVISIONS...................................................................... 14 <br /> Section 5.1 Restrictions on Use............................................................................ 14 <br /> Section 5.2 Conflicts of Interest............................................................................ 14 <br /> Section 5.3 Titles of Articles and Sections........................................................... 14 <br /> Section 5.4 Notices and Demands ........................................................................ 14 <br /> Section5.5 Counterparts....................................................................................... 15 <br /> Section5.6 Law Governing.................................................................................. 15 <br /> Section5.7 Expiration........................................................................................... 15 <br /> Section 5.8 Provisions Surviving Rescission or Expiration...................... <br /> Section 5.9 Assignability of Agreement and Tax Increment Note....................... 15 <br /> EXHIBIT A Description of Development Property..................................................................A-1 <br /> EXHIBIT B Form of Tax Increment Note.................................................................................B-1 <br /> EXHIBIT C Assessment Agreement......................................................................................... C-1 <br /> 2055837v2 <br /> -1- <br />