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Item 8h: Attachment <br />If the Public Entity does not repay the amounts required to be paid under this Section oi- <br />under any other provision contained in this A�reement �vithin 30 d�ys of demand by the <br />Commissioner of M�VIB, or any amount ordered by a court of compet�nt jurisdiction �vithin 30 <br />days of entiy of jud�ment against the Public Entity and in favor of the State Entity and/or the <br />Commissioner of MMB, then such amount may, unless prectuded by la���, be taken from or off- <br />set against any aids or other monies that the Public Entity is entitled to receive from the State of <br />1Vlinnesota. <br />Section 2.09 Notification of Event of Default. The Public Entity shall furnish to the <br />State Entity and the Commissioner of UI�IB, as soon as possibl� and in any event within 7 days <br />after it has obtained knowled�e of the occur-rence of each Event of Default or each event which <br />with the �ivin� of notice or lapse of time or both would constitute an Event of �Default, a <br />statement settin� forth details of each Event of Default or event �vhich �� ith the �ivin� of notice <br />or upon the lapse of time or both would constitute an Event of Default a�zd the action which the <br />Public Entity pr•oposes to take with respect thereto. <br />Section 2.10 Survival of Event of Defauit. This A,reement sha11 survive any and all <br />Events of Default and remain in full force and effect e�-en upon the pay�nent of any amounts due <br />undzr this A�reement, and shall only terminate in accordance ���ith the provisions contained in <br />Section ?.12 and at the end of its teim in accordance �vith th;, provi�ion� contained in Section <br />2.11. <br />Section 2.11 Term of Grant �areement. This AUreement shall, unless earlier <br />terminated in accordance �vith any of the provisions contained herein, r�main in fu11 force and <br />effzct for the time period startin� on the effecti�-e data hereof and �rdina on the date that <br />eorr�sponds to the date establisheci bv addin� a time period ec�ual to 12>°0 of Useful Life of the <br />Real Property and, if applicable, Facility to the date on ���hich the Real Property and, if <br />applieable, Facility is tirst used for the operaTion of the Statz Pro�ram after such effecti�-e date. <br />If there are no uncured Events of Default as of such date this A�7reement shall teiminate and no <br />lon�er be of any force or effect, and the Commissioner of MMB shall eYecute whatever <br />documents are needed to release the Rea1 Property and, if applicable, Facility from Che effect of <br />this A�reement and the Declaration. <br />Section ?.12 NIodificadon and/or Earlv Termination of Grant. If the full amount of <br />the Pro�-am Grant has not been disbursed on or beFore the date that is � y�ears from the effective <br />date of this A�reement, or such later date to which the Public Entity and the State Entity may <br />agrez in ���ritina, theu the State Entity's obliaation to fund the Pro�am Grant shall terminate. In <br />such event, (i) if none of the Pro�ram Grant has been disbursed by such date then the State <br />Entity's obligation to ftind any portion of the Pro�rain Grant shall terminate and this Aareement <br />shall terminate and no longer be of any force or effect, and (ii) if some but not a11 of the Pro�-am <br />Grant has been disbursed by such date then the State Entity shall have no further obli�ation to <br />provide any additional funding for the Pro�ram Grant and this A;reemenT shall remain in full <br />force and effect but shall be modified and amended to reflect the amot�nt of the Program Grant <br />that �vas actually disbursed as of such date. <br />Generic GO Bond Proceeds I S <br />Grant A�reement for Pro�ram End Grant, <br />Ver-6;30/I� <br />