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ARTICLE VI DAMAGE, DESTRUCTION AND EMINENT DOMAIN; USE OF NET PROCEEDS Section 6.1. Eminent Domain...................................................................................................... 14 Section 6.2. Application of Net Proceeds.................................................................................... 14 Section 6.3. Abatement of Lease Payments in the Event of Damage or Destruction ...................... 14 ARTICLE VII DISCLAIMER OF WARRANTIES; ACCESS, INDEMNIFICATION Section 7.1. Disclaimer of Warranties.......................................................................................... 16 Section 7.2. Access to the Property............................................................................................. 16 Section 7.3. Release and InderruZification Covenants................................................................... 16 ARTICLE VIII ASSIGNMENT, SUBLEASING AND AMENDMENT Section 8.1. Assignment by the Authority................................................................................... 17 Section 8.2. Assignment and Subleasing by the City....................................................................17 Section 8.3. Amendment of Lease Agreement ................................ . 17 ............................................ ARTICLE IX EVENTS OF DEFAULT AND REMEDIES Section 9.1. Events of Default Defined......................................................................................... 18 Section 9.2. Remedies on Default.. ... - .................................................................. ............ 18 Section 9.3. Waiver of Statutory Remedies.................................................................................. 20 Section 9.4. No Remedy Exclusive.............................................................................................. 20 Section 9.5. Agreement to Pay Attorneys' Fees and Expenses...................................................... 20 Section 9.6. No Additional Waiver Implied by One Waiver........................................................ 20 Section 9.7. Application of Proceeds........................................................................................... 20 Section 9.8. Assignee to Exercise Rights...................................................................................... 20 ARTICLE X PREPAYMENT OF LEASE PAYMENTS Section 10.1. Prepayment Option.................................................................................................. 21 Section 10.2. Mandatory Prepayment From Net Proceeds of Insurance, Title Insurance or EminentDomain...................................................................................................... 21 ARTICLE XI MISCELLANEOUS Section11.1. Notices............................................................................ Section 11.2. Binding Effect.................................................................. Section 11.3. Severability...................................................................... Section 11.4. Net -net -net Lease............................................................. Section 11.5. Further Assurances and Corrective Instruments ................ Section 11.6. Execution in Counterparts ................................................ Section 11.7. Applicable Law............................................................... Section 11.8. Authority and City Representatives .................................. Section11.9. Captions.......................................................................... EXHIBIT A: DEFINITIONS EXHIBIT B: DESCRIPTION OF THE SITE EXHIBIT C: DESCRIPTION OF THE IMPROVEMENTS EXHIBIT D: LEASE PAYMENT SCHEDULE EXHIBIT E: FORM OF DISBURSEMENT CERTIFICATE ........................................ 22 ........................................ 22 ........................................ 22 ........................................ 22 ........................................ 23 ........................................ 23 ........................................ 23 .............. I......................... 23 ........................................ 23