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separato a?vnersl?ip of tl?e Phases, a Default undet? this Aree??ent relating to ol?e Phase, t??e
<br />applicable Phase regulatory ?g?;eet??ent, ap?l?cal?le Pl??se P??ariso?iy Note ot• A,er?c? Deed of
<br />`???ust shall gat be col?sidet?ed a Defar?lt rotating to at?y other Phase; its other wards, there shall be
<br />Ira crass-defaults bet?vee?? Phases at? between the o?vx?etil?ip entities fait each Phase, ?f s?tch
<br />separtiat? occurs, the o?vnet? of Phase R- shall be solely and exclusively responsible fot? the
<br />Phase R? 1 rights acid obligations under this Agreelet?t, the owner of P??ase ?- shall be solely
<br />at?d exclusively responsible for the Phase R?2 Nights and obligations under this Agreement, at?d
<br />tl?e owner of Phase P shall be solely a??d exclusively respanible foci the Phase ?' rights and
<br />abliat?ans ?tndet? tits Agreeme?lt,
<br />??0. ?lII1lIl? p? Age??Cy ??]j1??lUII, kith respect to tl?e Segura Parcels, the Aget?ey
<br />shall, ?vitl?in one l?t???dred t?vellty ??20? days of acquisition of each s?tch parcels, ca??se each of
<br />tl?e falla?vir?g to acc??r ?collec?ively, tine "Agenc?? Site Obl?gattons"?: ?a? relocate all tenants and
<br />other inhabitants tl?et?eof in accarda?icc 4vltl? all existing federal, stag and local 1.??rs, fib} cause
<br />such parcel to be free of all Site ?n?pt•overne?its, acid ?c? catnpletc ret?ediation of any ?-?a?ardo??s
<br />Materials it is required to retnediate in accordance ?vitl? the ?ern?s of this Areetr?etl?. itl?
<br />respect to the Agency Pat?cels, the Age??cy shall initiate the Agency Situ ?bligatiot7s ?vitlait? thirty
<br />??o}days of the earlier to occ?u; of {?? expiration of tl?e thirty ?Q} d?.y period falla?vi??g t??e Date
<br />of Agreel?nent ?vitl?in ?vl?icl? a CEA Challenge nay be initiated ar ?y} resolution of any CEA
<br />Challenge and, thereafter, cause tl?e Agency Site ?bligatiot?s to occur ?vitlait? sixty ??0} days
<br />thereafter, itl? ?•espect to tl?e Additional Pat?cels, tl?e Agency shall, 1f1?1I? ogle ll?t?7dted fi?y
<br />?150? days of acq?tisitiax? of each of such Additional Properties, cause each of the Agency Site
<br />??bligations to occur,
<br />X00, DE'?L?3PME?' ??` THE P???E?',
<br />0?? ?]eve?oper's ?li?#ia?? to onstl??tc? Developer Ylnp??ovex?ter?ts; co??e of
<br />I?eve?oplr?e??t, ?'l?e Developer shall contr?tct each Phase of tl?e Developer It?provemet?t
<br />substantially in accordance ?vitl? the hand Use Approvals, tl?e Scope of Development and. the
<br />plans, drawings at?d docume?its submitted by the Developer at?d approved by tl?e Agency as set
<br />forth herein,
<br />?? ?e?1?II Revle?',
<br />3?i? CoIY?e?}?ll?? ,??? Pj?tl. Ca??ct?rrently with approval of this Agreement, tl?e
<br />Developer has s?rb?rtitted at?d the Agency has approved cancept??al dra?Tings for tl?e Developer
<br />?n?pt"ovetne?lts, specifically sl?o?ving a site plan, external facade improvements, and elevations of
<br />all four sides ofthe Developer ?t?lpt?ovet??et?ts ?callectively, the "Conceptual Site 'Ian"?.
<br />0,2 revisions, ?f tl?e Developer desires to propose any revisions to tl?e
<br />Agency approved. Ca??cept?tal Site Plan, It shall s?tbzntt s«cl? proposed changes to the Agency
<br />at?d shall also proceed in accordat?ee with any and all State and local laws and regl?lations
<br />rega?•ding such revisions. At the sole discretion of the Age??cy? if any material change in the
<br />basic ?xses ofar?y Phase ofthe Site is proposed its tl?e Concept??al Site Plan ft•om the basic uses of
<br />s€?ch Phase of tl?e Site as provided fot• its this Agreement, then this Aree?r?ent is s??bect to
<br />reneatiat?o?l of all tertt?s and conditial?s, including without litnitatiot?, the ecot?amic tet•t?s of
<br />this Agt?eetr?ent with respect to s??ch Phase afthe Site, ?fthe Conceptual Site Pla?? for a Phase, as
<br />??
<br />D? ? ??II ???73 ?? 1 ?12?027?-??O l
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