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05-09-1994 EDA WS
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05-09-1994 EDA WS
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Last modified
3/3/2025 6:51:18 AM
Creation date
3/13/2012 12:41:45 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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TABLE OF CONTENTS <br />(This Table of Contents is not part of <br />the Development Assistance Agreement and <br />is only for convenience of reference.) <br />PaQe <br />PARTIES. . . . . . . . . . . . . . . . . . . . . . . . . . . 1-1 <br />ARTICLE I - DEFINITIONS . . . . . . . . . . . . . . . . . . . 1-1 <br />Section 1. 1. Def initions . . . . . . . . . . . . . . . 1-1 <br />ARTICLE II - REPRESENTATIONS, COVENANTS AND WARRANTIES ... 2-1 <br />Section 2.1. Representations and Warranties by the <br />Authority . . . . . . . . . . . . . . . . 2-1 <br />Section 2.2. Representations, Covenants and Warranties <br />by the Developer . . e . . . . . . . . . 2-2 <br />ARTICLE III - THE IMPROVEMENTS . . . . . . . . . . . . . . . 3-1 <br />Section 3.1. Undertakings of the Developer ...... 3-1 <br />Section 3.2. Undertakings of the Authority ...... 3-1 <br />Section 3.3e Construction Plans . . . . . . . . . . 3-3 <br />Section 3.4e Certificate of Completion . . . . . . . . 3-4 <br />ARTICLE IV - PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER; <br />INDEMNIFICATION . . . . . . . . . . . . . . e . 4-1 <br />Section 4.1. Prohibition Against Transfer of Property <br />and Assignment of Agreement . . . . . . . 4-1 <br />Section 4.2. Release and Indemnification Covenants .. 4-2 <br />ARTICLE V - EVENTS OF DEFAULT . . . . . . . . . . . . . . . . 5-1 <br />Section 5.1. Events of Default Defined ........ 5-1 <br />Section 5.2. Remedies on Default . . . . . . . . . . . 5-1 <br />Section 5.3. No Remedy Exclusive . . . . . . . . . . 5-1 <br />Section 5.4. No Additional Waiver Implied by One <br />Waiver . . . . . . . . . e . . . . . . . 5-2 <br />ARTICLE VI - ADDITIONAL PROVISIONS . . . . . . . . . . . . . 6-1 <br />Section 6.1. Titles of Articles and Sections ..... 6-1 <br />Section 6.2. Notices and Demands . . . . . . . . . . . 6-1 <br />Section 6.3. Counterparts . . . . . . . . . . . . . . 6-1 <br />Section 6.4. Law Governing . . . . . . . . . . . . . . 6-1 <br />Section 6.5. Time of the Essence . . . . . . . . . . 6-1 <br />Section 6.6. No Third-Party Beneficiaries ...... 6-1 <br />ARTICLE VII - TERMINATION OF AGREEMENT; EXPIRATION ..... 7-1 <br />Section 7.1. Termination . . . . . . . . . . . . 7-1 <br />Section 702. Sections to Survive Termination ,.... 7-1 <br />262545.1 1 <br />
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