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wil use best forts (e) The Redeveloper withall applicable its floral, tstateconstruct federalMinimum- ' Improvements In accordance PPlleable conservation laws or regulations. (f) The Redeveloper will use its best efforts to obtain, in a timely manner, all required permits, licenses and approvals, and will meet, in a timely federal laws and manner, all requirements of all applicable local, state and regulations which must be obtained or met before the Minimum Improvements may be lawfully constructed. (g) Neither the execution and delivery of this Agreement, the consum- mation of the transactions contemplated hereby, nor the fulfillment of or compli- ance with the terms and conditions of this Agreement is prevented, limited by or conflicts with or results in a breach of, the teems, conditions or provisions or any corporate restriction or any evidences of indebtedness, agreement or instrument of whatever nature to which the Redevelopernow a party or by which it is bound, or constitutes a default under any ofthe foregoing. (h) In the event that the Redeveloper fails to proceed with construction of the Minimum Improvements due to an inability to obtain financing for such construction., or for any other reason prior to the City's providing of any financial assistance to the proposed development, the Redeveloper will pay to the City on demand by the City all of the City's out-of-pocket expenses including reasonable attorneys fees, up to a maximum of $20,000, incurred in connection with the transactions contemplated by this Agreement. In the event that this Agreement is terminated as the result of an Event of Default by Redeveloper the above - mentioned $20,000 limit shall not be applicable. If this Agreement is terminated as the result of an Event of Default. by the City, the Redeveloper shall have no obligations under this Section 2.2(h). 0