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9 Error! Unknown document property name. Section 4.14. Hazardous Waste. Borrower has inspected the Project and, other than as previously disclosed to the Lender in writing, is not aware of, nor has discovered on said Project any hazardous substances, hazardous wastes, pollutants, or contaminants as those terms are defined under any Federal, State of Minnesota, or local statute, ordinance, code, or regulation, and further warrants that it will not, nor cause to be, nor will allow any other person to deposit, store, dispose of, place, or otherwise locate or allow to be located on or within the Project, any of the above referenced hazardous substance, except such hazardous substances as are ordinary and necessary for the construction or operation of the Project, provided that such use is in accordance with all applicable laws, and that in the event any such hazardous substances are found on or within the Project, Borrower will indemnify the Lender as provided in Section 6.03 herein. Section 4.15. Commencement and Completion of Construction. Borrower shall commence construction of the Project Improvements by the Construction Start Date, and shall diligently prosecute completion of the Project by the Completion Date, subject to Unavoidable Delays. Section 4.16. Stormwater Discharge and Water Management Plan Requirements. Borrower shall meet all applicable requirements of Federal and state laws relating to stormwater discharges, including, without limitation, any applicable requirements of Code of Federal Regulations, title 40, parts 122 and 123; and Defaults and Remedies Section 5.01. Events of Default. Any of the following events shall constitute an “Event of Default” under this Agreement if such event shall occur anytime between the date of this Agreement and the date the LCDA Loan is fully repaid and satisfied: (a) Borrower shall default in the performance or observance of any agreements or conditions required to be performed or observed by Borrower under the terms of this Agreement; (b) The occurrence of one of the Events of Default specified Section 2.03(3); (c) Any representation or warranty made by Borrower in this Agreement, the LCDA Loan Documents or in any of the Construction and Other Documents shall prove untrue in any material respect or materially misleading as of the time such representation or warranty was made; (d) Borrower shall be in default under the terms of the LCDA Loan Documents, Ground Lease, Construction and Other Documents, the Other Project Financing Documents, and any conditions governing the payment of any other funds necessary for development of the Project, and such default shall not be cured by Borrower or waived by the appropriate lend er within the period of grace, if any, applicable to such default under the terms of such instruments; (e) Construction of the Project Improvements shall be abandoned, or shall be unreasonably delayed or discontinued for a period of thirty (30) consecutive days or more, for reasons other than Unavoidable Delays; (f) Borrower shall become unable to pay its debts as the same become due, or shall make an assignment for the benefit of creditors or shall be adjudicated a bankrupt; or shall file a voluntary petition in bankruptcy or to effect a plan or other arrangement with creditors, or to liquidate assets under court supervision; or shall have applied for or permitted the appointment of a receiver or trustee or custodian for any of the property or assets of Borrower or a trustee, receiver