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07-28-1999 Council Agenda
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07-28-1999 Council Agenda
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Section 7.1. Developer's Agreement to Pay Tax <br />Increment <br />Deficiency. <br />ARTICLE VIII - MORTGAGE FINANCING <br />Section 8.1. <br />Section 8.2. <br />Section 8.3. <br />Section 8.4. <br />Section 8.5. <br />Section 8.6. <br />21 <br />22 <br />Limitation Upon Encumbrance of Property 22 <br />Approval of Mortgage 22 <br />Notice of Default; Copy to Mortgagee 23 <br />Mortgagee's Option to Cure Defaults 23 <br />City's Option to Cure Default on <br />Mortgage 23 <br />Subordination and Modification for the <br />Benefit of Mortgagees 24 <br />ARTICLE IX - PROHIBITIONS AGAINST ASSIGNMENT AND <br />TRANSFER; INDEMNIFICATION 25 <br />Section 9.1. Transfer of Substantially All Assets 25 <br />Section 9.2. Prohibition Against Transfer of Property <br />and Assignment of Agreement 25 <br />Section 9.3. Release and Indemnification Covenants 27 <br />Section 9.4. Approvals 27 <br />ARTICLE X - DEVELOPER EVENTS OF DEFAULT 29 <br />Section 10.1. Events of Default Defined 29 <br />Section 10.2. Remedies on Default 30 <br />Section 10.3. No Remedy Exclusive 30 <br />Section 10.4. No Implied Waiver 31 <br />Section 10.5. Agreement to Pay Attorney's Fees and <br />Expenses 31 <br />ARTICLE XI - <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />Section <br />1054867.2 <br />ADDITIONAL PROVISIONS 32 <br />11.1. Restrictions on Use 32 <br />11.2. Conflicts of Interest 32 <br />11.3. Titles of Articles and Sections 32 <br />11.4. Notices and Demands 32 <br />11.5. Counterparts 33 <br />11.6. Modification 33 <br />11.7. Law Governing 33 <br />11.8. Legal Opinions 33 <br />11.9. Jobs Act 33 <br />Page 46 <br />
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