Laserfiche WebLink
ii <br />DOCSOPEN\MU205\50\716385.v4-4/22/21 <br />PAGE <br />ARTICLE V <br />Insurance <br />Section 5.1. Required Insurance ..................................................................................................... 12 <br />Section 5.2 Evidence of Insurance ................................................................................................ 12 <br />ARTICLE VI <br />Collection of Taxes <br />Section 6.1. Right to Collect Delinquent Taxes ............................................................................. 13 <br />ARTICLE VII <br />Prohibition Against Sale; Encumbrances; Indemnification <br />Section 7.1. Prohibition Against Sale of Minimum Improvements ............................................... 13 <br />Section 7.2. Limitation Upon Encumbrance of Development Property ........................................ 14 <br />Section 7.3. Release and Indemnification Covenants .................................................................... 14 <br />ARTICLE VIII <br />Events of Default <br />Section 8.1. Events of Default Defined .......................................................................................... 15 <br />Section 8.2. Remedies on Default .................................................................................................. 15 <br />Section 8.3. Revesting Interest in the EDA Upon Happening of Event of Default <br />Subsequent to Conveyance to Developer ................................................................... 16 <br />Section 8.4. Resale of Reacquired Development Property; Disposition of Proceeds ................... 16 <br />Section 8.5. No Remedy Exclusive ................................................................................................ 17 <br />Section 8.6. No Additional Waiver Implied by One Waiver ......................................................... 17 <br />ARTICLE IX <br />Additional Provisions <br />Section 9.1. Conflict of Interests; Representatives Not Individually Liable ................................. 18 <br />Section 9.2. Equal Employment Opportunity ................................................................................ 18 <br />Section 9.3. Restrictions on Use ..................................................................................................... 18 <br />Section 9.4. Provisions Not Merged With Deed; No Merger of Representations, Warranties ..... 18 <br />Section 9.5. Notices and Demands ................................................................................................. 18 <br />Section 9.6. Counterparts ................................................................................................................ 19 <br />Section 9.7. Disclaimer of Relationships ....................................................................................... 19 <br />Section 9.8 Release of Claims ....................................................................................................... 19 <br />Section 9.9. Modifications and Waivers ........................................................................................ 19 <br />Section 9.10. Restrictions on Use ..................................................................................................... 19 <br />Section 9.11. Titles of Articles and Sections .................................................................................... 20 <br />Section 9.12. Attorneys’ Fees ........................................................................................................... 20 <br />Section 9.13. Governing Law; Venue .............................................................................................. 20