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10.7 Inaction Not a Waiver of Default. No failure or delay by either Party in asserting <br /> any of its rights and remedies as to any default shall operate as a waiver of such default or of any <br /> such rights or remedies, nor deprive either Party of its rights to institute and maintain any action <br /> or proceeding which it may deem necessary to protect, assert or enforce any such rights or <br /> remedies in the same or any subsequent default. <br /> 10.8 Rights of Mortgagees. Any rights of the City under this Article X shall not <br /> defeat, limit or render invalid any mortgage or deed of trust permitted by this Agreement or any <br /> rights provided for in this Agreement for the protection of holders of such instruments. <br /> 10.9 Rights of Limited Partners. Whenever City delivers any notice of default <br /> hereunder, City shall concurrently deliver a copy of such notice to the limited partner(s) in <br /> accordance with Section 12.3. The limited partner(s) shall have the same right as Developer to <br /> cure or remedy any default hereunder within the cure period provided to Developer;provided <br /> however, if the default is of such nature that the limited partners reasonably determine that it is <br /> necessary to replace the general partner of Developer in order to cure such default,then the cure <br /> period shall be extended by an additional sixty(60)days after the removal and replacement of <br /> such general partner,provided that the limited partners have promptly commenced and diligently <br /> proceeded with all requisite actions to effect such removal and replacement. <br /> 10.10 Construction Plans. If this Agreement is terminated by mutual agreement of the <br /> Parties or by City as a result of an Event of Developer Default, the Developer, at no cost to the <br /> City, shall deliver to the City copies of all construction plans and studies in the Developer's <br /> • possession or in the possession of the Developer' s consultants related to development of the <br /> Project on the Property, including without limitation, the Construction Plans, subject only to the <br /> rights of senior lenders identified in the Financing Plan as it may be updated with City approval. <br /> If the City utilizes the Construction Plans or studies, the City shall indemnify the Developer for <br /> any claims arising from such use. <br /> ARTICLE XI <br /> INDEMNITY AND INSURANCE. <br /> 1 1.1 Indemnity. To the greatest extent allowed by law, Developer shall indemnify, <br /> defend(with counsel approved by City) and hold the Indemnitees harmless from and against any <br /> and all Claims arising directly or indirectly, in whole or in part, as a result of or in connection <br /> with the development,construction, improvement, operation,ownership or maintenance of the <br /> Project or the Property, or any part thereof or interest therein, by Developer or Developer's <br /> contractors, subcontractors, agents, employees or any other party acting for or on behalf of <br /> Developer, or otherwise arising out of or in connection with Developer's performance or failure <br /> to perform under this Agreement, including without limitation, Claims arising or alleged to have <br /> arisen in connection with any violation of Applicable Laws in connection with the development, <br /> operation or management of the Project. Developer's indemnification obligations under this <br /> Section 11.1 shall not extend to Claims to the extent resulting from the gross negligence or <br /> willful misconduct of Indemnitees and are subject to the additional terms set forth in Section <br /> OAK#4822-6539-6013 v3 33 <br />