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completion of the Improvements . The following shall be <br /> conditions precedent to the Authority' s obligation to execute <br /> the Certificate of Completion: <br /> (i) There shall exist no Event of Default <br /> hereunder, and the Improvements shall have been <br /> completed in substantial conformity to the terms of <br /> this Agreement; <br /> (ii) The City shall have issued a Certificate <br /> of Occupancy for the Improvements . <br /> (b) If the Authority determines that it cannot execute <br /> the Certificate of Completion, it shall, within 20 days after <br /> written request therefor, provide a written statement <br /> indicating in adequate detail why it cannot do so and also <br /> indicating what measures or acts it will be necessary to be <br /> taken or performed in order to permit execution of the <br /> Certificate of Completion. <br /> (c) If the Developer does not substantially complete the <br /> Improvements by December 31, 1999, the Authority may terminate <br /> this Agreement upon 30 days prior written notice to the <br /> Developer. Upon such termination, neither Party shall have <br /> any further right, title, obligation or interest hereunder, <br /> except as provided pursuant to Section 7 . 2 . <br /> 410 <br /> 410 <br /> 334455.4 3-5 <br />