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05-23-1994 EDA
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05-23-1994 EDA
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Last modified
3/3/2025 6:51:18 AM
Creation date
3/13/2012 12:36:28 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
1/1/1994
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�_ _�� :__-� v - � _ _ - ���. : � �� � <br />�.� � <br />: .� _ - �.— � <br />ARTICLE VII <br />'I'ERMINATION OF AGREEMENT; EXPiRATIOY�T <br />Section 7.1. Termination. The Authority may terminate this <br />Agreement as provided herein, and otherwise this Agreement shall <br />terminate on February 1, 2012, provided that all payments of the <br />EDA Note in accordance with its terms shall have been made and all <br />of the Parties' other respective obligations hereunder shall have <br />been discharged, but no such termination shall terminate any <br />indemnification or other rights or remedies arising hereunder due <br />to any Event of Default which occurred prior to such termination. <br />Section 7.2. Sections to Survive Termination. Section 4.2 <br />shall, in addition to the other surviving provisions referenced in <br />Section 7.1, survive the termination of this Agreement. <br />IN WITNESS WHEREOF, the Authority has caused this Agreement to <br />be duly executed in its name and behalf by its duly authorized <br />representatives, and the Developer has caused this Agreement to be <br />duly executed in its name and behalf by its duly authorized <br />representatives on or as of the date first above written. <br />MOUNDS VIEW ECONOMIC <br />DEVELOPMENT AUTHORITY <br />By <br />President <br />By <br />Executive Director <br />[NAME OF COMPANY] <br />By <br />Its <br />By <br />Its <br />[Execution page of Development Assistance Agreement with the Mounds <br />View Economic Development Authority.] <br />263418.1 7' 1 <br />
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