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Developer in bankruptcy or insolvency or for any of its properties, or(4) directing the winding <br /> up or liquidation of the Developer, in each case if such decree, order, petition, or appointment is <br /> not removed or rescinded within ninety(90) days, <br /> (1) Developer shall have assigned its assets for the benefit of its creditors <br /> (other than pursuant to a mortgage loan) or suffered a sequestration or attachment of or execution <br /> on any substantial part of its property, unless the property so assigned, sequestered, attached or <br /> executed upon shall have been returned or released within ninety(90) days after such event <br /> (unless a lesser time penod is permitted for cure pursuant to paragraphs (h) or(i) above or <br /> pursuant to any other mortgage on the Property, in which event such lesser time period shall <br /> apply under this subsection as well) or pnor to any sooner sale pursuant to such sequestration, <br /> attachment, or execution; <br /> (k) The Developer shall have voluntarily suspended its business or Developer <br /> shall have been dissolved or terminated; <br /> (I) An event of default anses under any City Document and remains uncured <br /> beyond any applicable cure penod, or <br /> (m) Developer defaults in the performance of any term,provision, covenant or <br /> agreement contained in this Agreement other than an obligation enumerated in this Section 10 1 <br /> and unless a shorter cure period is specified for such default, the default continues for ten (10) <br /> days in the event of a monetary default or thirty (30) days in the event of a nonmonetary default <br /> after the date upon which City shall have given written notice of the default to Developer; <br /> provided however, if the default is of a nature that it cannot be cured within thirty(30) days, an <br /> Event of Developer Default shall not anse hereunder if Developer commences to cure the default <br /> within thirty(30) days and thereafter prosecutes the curing of such default with due diligence <br /> and in good faith to completion <br /> 10.2 City Default. An event of default on the part of City ("Event of City Default") <br /> shall anse hereunder if City fails to keep, observe, or perform any of its covenants, duties, or <br /> obligations under this Agreement, and the default continues for a penod of sixty(60) days after <br /> wntten notice thereof from Developer to City, or in the case of a default which cannot with due <br /> diligence be cured within sixty(60) days, City fails to commence to cure the default within sixty <br /> (60) days of such notice and thereafter fails to prosecute the curing of such default with due <br /> diligence and in good faith to completion <br /> 10.3 City's Right to Terminate Agreement If an Event of Developer Default shall <br /> occur and be continuing beyond any applicable cure penod, then City shall, in addition to other <br /> nghts available to it under law or this Agreement, have the nght to terminate this Agreement If <br /> City makes such election, City shall give written notice to Developer and to any mortgagee <br /> entitled to such notice specifying the nature of the default and stating that this Agreement shall <br /> expire and terminate on the date specified in such notice, and upon the date specified in the <br /> notice, this Agreement and all nghts of Developer under this Agreement, shall expire and <br /> terminate <br /> OAK 44822-6539-6013 v5 31 <br />