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7.2 Termination of Limitations on Transfer. The provisions of • Section 7.1 shall terminate at such time as the Certificate of Completion has been issued by the HRA under Section 4.3 of this Agreement with respect to the Project. ARTICLE 8 Events of Default Section 8.1- Events of Default. The following shall be "Events of Default" under this Agreement and the term "Event of Default" shall mean, whenever it is this in this Agreement (unless the context otherwise provides), any one or_ more of the following events which occurs and continues for more than 30 days after notice by the HRA to Redeveloper of such default (and the term "default" shall mean any event which would with the passage of time or giving of notice, or both, be an "Event of Default" hereunder): (a) Failure of Redeveloper to complete the Project as required hereunder. (b) Failure of Redeveloper to furnish the Construction Plans as required hereunder. (c) Failure of Redeveloper to observe and perform any other covenant, • condition, obligation or agreement on his part to be observed or performed hereunder or under the Restrictions. (e) If Redeveloper shall admit in writing his inability to pay its debts generally as th::y become due, or shall file, a petition in bankruptcy, or shall make an assignment for the benefit of his creditors, or shall consent to the appointment of a receiver of itself or of the whole or any substantial part of the Redevelopment Property. Section 8.2 Remedies on Default. Whenever any Event of Default referred to in Section 8.1 occurs, the HRA may take any one or more of the following actions: (a) Suspend its performance under this Agreement until it receives assurances from Redeveloper, deemed adequate by the HRA, that Redeveloper will cure its default and continue its performance under this Agreement. (b) Terminate all rights of Redeveloper under this Agreement. (c) Withhold the Certificate of Completion. -11-