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• Redevelopment Property or Minimum Improvements, or any portion <br /> thereof shall terminate with respect to the Minimum <br /> Improvements or individual townhouse units at such time as a <br /> Certificate of Completion has been issued by the HRA under <br /> Section 4 . 4 of this Agreement with respect to all of the <br /> Minimum Improvement or the particular unit in question. All <br /> provisions contained in this Article 8 with respect to <br /> limitations on the Redeveloper making changes in its ownership <br /> structure shall terminate at such time as a Certificate of <br /> Completion has been issued pursuant to Section 4 . 4 with respect <br /> to all Minimum Improvements . <br /> ARTICLE 9 <br /> Events of Default <br /> Section 9 . 1 Events of Default . The following shall <br /> be "Events of Default" under this Agreement and the term "Event <br /> of Default" shall mean, whenever it is used in this Agreement <br /> (unless the context otherwise provides) , any one or more of the <br /> following events which occu-- - prior to the issuance of the <br /> Certificate of Completion by the HRA under Section 4 . 4 of this <br /> Agreement with respect to all of the Minimum Improvements and <br /> continues for more than 30 days after notice by the HRA to <br /> Redeveloper of such default (and the term "default" shall mean <br /> any event which would with the passage of time or giving of <br /> notice, or both, . be an "Event of Default" hereunder) : <br /> (a) Failure of Redeveloper to construct or <br /> reconstruct the Minimum Improvements as required hereunder . <br /> (b) Failure of Redeveloper to furnish the <br /> Construction Plans as required hereunder . <br /> (c) Failure of Redeveloper to pay real estate taxes <br /> as required hereunder . <br /> (d) Failure of Redeveloper to observe and perform any <br /> other covenant, condition, obligation or agreement on its part <br /> to be observed or performed hereunder . <br /> (e) If Redeveloper shall admit in writing its <br /> inability to pay its debts generally as they become due, or <br /> shall file a petition in bankruptcy, or shall make an <br /> assignment for the benefit of its creditors, ,or shall consent <br /> to the appointment of a receiver of itself or of the whole or <br /> any substantial part of the Redevelopment Property. <br /> (f) If Redeveloper shall file a petition or answer <br /> seeking reorganization or arrangement under the federal <br /> • bankruptcy laws . <br /> -14- <br />