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obligations (Including runvrovm d and remediation), losses, clairns (including third panty <br />Claims), :suit:, ludpvrt;r7ls, Vr,a1-ailities, penalties, damages (indudiig c:carasacp1 ntirnl rrracl <br />puntive damage,), masts and cxpMascs (including consarltaalts, and attorney"', Y'ies) of <br />vwha'teven kind or n,itUrC WItatsoever that may at arty time he Incurred by, Imposed on, or <br />asserted against the hnelennnitces directly or indirectly based on, or arising or restrltirn'g <br />from the ac;tu d or alleged presarncc of Hazardous Materials (nr tlit� Property other tlnaul <br />arising bran the gross tn0ghgence, Willl'tal rrnsctrndrrct and/or illegal actions cal' any <br />l odemn i tee. <br />15. {)'1'lli{:R AIT'TRNI 4I°I'G'E COVENANTS <br />Wll le aarny obligation of Developer Linder the City Loan Name or Deed of`I'rust <br />remain outstanding. the following, provisions shale apply. except to the extent that <br />t xecutive Director othcrvvise consents ua writing: <br />15.1 Existence. Developer's ckme al Partner shall rorailntaaira its <br />existence in good Mending undea the knvs of fire State of California. and <br />Developer shall provide clacuanenttrtion ofstuc}r matus annaaally to thr City. <br />15.E Protection of Lien. Developer shall mainudn the ties of the City <br />Decal of" rust as, za valid second priority deed of trust or) the l'rul)erty and wke all <br />uchons, and execute mid deliver to City all docanncnts, ruasaaarahly reequircd by <br />City from tImc to trove in eaaanne,ction thcreavith. <br />15,3 Notice of Certain Matters. Develop0r shall give notice to City, vaiIhirn ten <br />(10) (lays of Dev =elopers 'learning thereof', ofeach of the following: <br />(aa) any filed lrtiga Lion or chair of lbcring or r0latting to the <br />Property and involving an amount in excess of $5,000l and arany litigation or claorn thatt <br />might .sub�jcc t. Duveloper ov array geraeral partner to liability in e wess of $5,00 O., whether <br />covered by insurance or not., <br />(Ia) Amy divprate between Dcvelopes, and a i iovernmentaal <br />Atrthnrity relating to 1110 Property, tlnc adverse detunvnirnaliorn of which might materially <br />uIfect tlr0 Property; <br />(a) any clraange in Developer's lnancipal place ofbusine,; s; <br />(at) sail} aspect of tore laraprovements that is mart irn <br />suhvtarntiaal eonf% rmily with the prlanns of uo(k; <br />(c') any Event of Defatdl or eVur5t Whiell, vvitll the giVing cif` <br />notice or the passage of tam0 or heath, vv'uuld co nstitute an Fvent of l)eftault; <br />(f) any maIcr ial default by Developer or any other party urnder. <br />any Senior Loan docuolcnt, or rlre receipt by Developer eloper oi' any notice of default under <br />any Sailor Loan CtOCnrnent, <br />25a -37 <br />