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<br />ii <br />516911v4 JAE MU205-47 <br />ARTICLE VI <br />Tax Increment; Taxes <br /> <br />Section 6.1. Right to Collect Delinquent Taxes .................................................................................... 15 <br />Section 6.2. Reduction of Taxes ........................................................................................................... 15 <br />Section 6.3. Qualifications .................................................................................................................... 16 <br />Section 6.4. Minimum Assessment Agreement .................................................................................... 16 <br /> <br />ARTICLE VII <br />Financing <br /> <br />Section 7.1. Mortgage Financing .......................................................................................................... 17 <br />Section 7.2. Authority’s Option to Cure Default on Mortgage ............................................................. 17 <br />Section 7.3. Modification; Subordination ............................................................................................. 17 <br /> <br />ARTICLE VIII <br />Prohibitions Against Assignment and Transfer; Indemnification <br /> <br />Section 8.1. Representation as to Development .................................................................................... 18 <br />Section 8.2. Prohibition Against Developer’s Transfer of Property and Assignment of <br />Agreement ......................................................................................................................... 18 <br />Section 8.3. Release and Indemnification Covenants ........................................................................... 19 <br /> <br />ARTICLE IX <br />Events of Default <br /> <br />Section 9.1. Events of Default Defined ................................................................................................ 20 <br />Section 9.2. Remedies on Default ......................................................................................................... 20 <br />Section 9.3. Termination or Suspension of TIF Note ........................................................................... 21 <br />Section 9.4. No Remedy Exclusive ...................................................................................................... 21 <br />Section 9.5. No Additional Waiver Implied by One Waiver ............................................................... 21 <br />Section 9.6 Attorney Fees .................................................................................................................... 21 <br /> <br />ARTICLE X <br />Additional Provisions <br /> <br />Section 10.1. Conflict of Interests; Authority Representatives Not Individually Liable ........................ 23 <br />Section 10.2. Equal Employment Opportunity ....................................................................................... 23 <br />Section 10.3. Restrictions on Use ........................................................................................................... 23 <br />Section 10.4. Provisions Not Merged With Deed ................................................................................... 23 <br />Section 10.5. Titles of Articles and Sections .......................................................................................... 23 <br />Section 10.6. Notices and Demands ....................................................................................................... 23 <br />Section 10.7. Counterparts ...................................................................................................................... 24 <br />Section 10.8. Recording .......................................................................................................................... 24 <br />Section 10.9. Amendment ....................................................................................................................... 24 <br />Section 10.10. Authority Approvals ......................................................................................................... 24 <br />Section 10.11. Termination ....................................................................................................................... 24 <br /> <br />TESTIMONIUM ....................................................................................................................................... S-1 <br />SIGNATURES .......................................................................................................................................... S-1 <br />