2019.04.03 EDC Packet - Laserfiche WebLink

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31 ARTICLE XI TERMINATION OF AGREEMENT Section 11.1. Termination. Either party may terminate this Agreement as provided herein, and otherwise this Agreement shall terminate upon its Termination Date and the discharge of all of the parties’ other respective obligations hereunder, but no such termination shall terminate any indemnification or other rights or remedies arising hereunder due to any Event of Default which occurred and was continuing prior to such termination. Section 11.2. Effect of Termination. Upon termination of this Agreement pursuant to this Article XI, this Agreement shall be null and void and neither party shall have any further obligations or liabilities hereunder. Upon such termination the Redeveloper and City shall deliver to each other such documents as may be necessary to evidence the termination of this Agreement. Section 11.3. Sections to Survive Termination. Article II, Section 7.3 and Section 9.7, in addition to any specific reference to surviving provisions herein, survive the termination of this Agreement. In addition, the terms and conditions of the Declaration of Restrictive Covenants and Prohibition Against Tax Exemption shall remain in effect until the dissolution or other termination of the Tax Increment District. Section 11.4. Continuing Obligation. City and Developer agree to cooperate with each other and their representatives regarding any reasonable requests made subsequent to the execution of this Agreement to correct any clerical errors in this Agreement and to provide any and all additional documentation deemed necessary by either party to effectuate the transaction contemplated by this Agreement. IN WITNESS WHEREOF, the City and the Redeveloper have caused this Agreement to be duly executed on or as of the date first above written. (Signatures begin on next page.)