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ARTICLE 17 <br /> DEFAULT AND REMEDIES <br /> <br /> Section 17.01. Default. If any Member shall default on an covenant contained in this <br />Agreement, such default shah not' excuse the defaulting Member ~om fulfilling its obligations <br />under this Agreement and aH Members shah continue to be liable for the performance of aH <br />conditions and covenants of the Agreement. <br /> <br /> Section 17.02. EnforCement of Agreement. The Members declare that this Agreement is <br />entered into for the benefit'of the East Bay-Delta Housing & Finance Agency and grant to the <br />Agency the right to enforce, by whatever lawful means the Agency deems appropriate, aH of the <br />obligations of each of the Members. <br /> <br /> Section 17.03. Remedies Cumulative. Each and all of the remedies given to the Agency <br />by this Agreement or by any law now or hereafter enacted are cumulative, and the exercise of <br />one right or remedy shah not impair the right of the Agency to exercise any or all other remedies. <br /> <br /> ARTICLE 18 <br /> .. DEBTS AND LIABILITIES, INSURANCE AND INDEMNIFICATION <br /> <br /> Section 18.01. Debts and Liabilities. No Member shall be liable for any indebtedness <br />of the Agency except that which is consented to by his or her City Council or Board of <br />Supervisors. All persons dealing with or having a claim against the Agency are hereby notified <br />that no Member is liable for the debts of the Agency. <br /> <br /> Section 18.02. Insurance. The Board shall maintain appropriate insurance to protect <br />the Members from such liabilities and obligations. The cost of such insurance shall be paid by <br />the Agency to the extent sufficient funds are available therefor. To the extent that the Agency <br />does not have sufficient funds available to maintain such insurance, the cost thereof shah be <br />borne equally by the Members. <br /> <br /> Section 18.03. Indemnification. Each of the Members shah defend, Indemnify and hold <br />each of the other Members and the Agency harmless from any and all claims, losses, suits, <br />injuries, deaths, damages, costs and expenses (each, a "Claim"), inducting reasonable attorney <br />fees, arising from or as a result of (in whole or in l~art), any acts, errors or omissions of the <br />inde ' ' g Member or its officers, agents, servants, employees or contractors during the <br />cou~~~fing out this Agreement, to the extent of sud't indemnifying Member's negligence or <br />willful misconduct. The Agency shall defend, indemnify and hold harmless each of the <br />Members from any and aH Claims, including reasonable attorney fees, arising from or as a result <br />of (in whole or in part), any acts, errors or omissions of the Agency or its officers, agents, <br />servants, employees or contractors, to the extent of the Agency's negligence or willful <br />misconduct. The indemnities granted under this Section shah extend to the officers, agents, <br />servants, employees and contractors of each indemnified party. <br /> <br /> ARTICLE 19 <br /> MISCELLANEOUS PROVISIONS <br /> <br /> Section 19.01. Severability. If any part, term, or provision of this Agreement is <br /> determined by a court of law to be illegal or in conflict with any law of the State of California or <br /> otherwise unenforceable, the validity of the remaining parts, terms or provisions shah not be <br /> affected. <br /> <br /> 9 <br /> <br /> <br />