CCP 09-22-1997 - Laserfiche WebLink

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e by its nature incapable of being cured within said thirty (30) days, the Redeveloper does not provide assurances to the Authority, deemed satisfactory to the Authority in its reasonable discretion, that the Event of Default will be cured and will be cured as soon as reasonably possible: (a) Terminate this Agreement. (b) Withhold the Certificate of Completion. (c) Declare immediately due and payable by the Redeveloper the a:o:iount of the Authority's assistance which has not been recovered by the Authority from Tax Increment, which amount shall be calculated as provided in Section 5. 1 (e) of this Agreement. (d) Take whatever action, including legal, equilable or administrative action, which may appear necessary or desirable to the Authority to collect any payments due under this Agreement, or 10 enforce performance and observance of any obligation, agreement, or covenant of the Redeveloper under this Agreement. (e) If the Eveot of Default consists of the Redeveloper's failure to pay the Assessments as described in Section 6.1, the Authority may also declare due and payable the e outstanding amounl of the Assesmlents as described in Section 6.1, subject to the provisions of , Section 6.1(b). Section 9,3. No Remeily Exclu..~ive No remedy herein conferred upon or reserved to the Authority or Redeveloper is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other. remedy given under this Agreement or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any defaull shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority or the Redeveloper to exercise any remedy reserved to iI, it shall not be necessary to give notice, other than such notice as may be required in this Article IX. 1bis Agreement shall be enforceable only by the Authority, the City, and any public body which is a successor of the Authority. Section 9.4, No Additional Waiver Implied bv One Waiver. In the event any agreement conlained in this Agreemenl should be breached by either party and thereafter waived by the other party, such waiver shall be limited to the particular breach so waived and shall not be deemed to waive any other concurrent, previous or subsequent breach hereunder. Section 9.5. ('.osls of Enmrcemenl. Whenever any Event of Default occurs and, after expiration of the applicable cure period without cure thereof, the Authority shall employ e attorneys or incur other expenses for the collection of payments due or to become due or for the enforcement of perfozmance or observance of any obligation or agreement on the part of the Redeveloper under this Agreement, the Redeveloper agrees that it shall, within thirty (30) days of 30 ~'d 6t>01. lZ6 <:19 'tj'd '3>1130 'll A3latj~a S<::Sl 1.661-61-d3S