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Friday, July 15� 2005 any claim or cause arising out of or occasioned by the discontinuance of such acquisition activities, (ii) any claims for relocation benefits relating to Parcels, whether or not con- demnation of such Parcels was commenced, and (iii) any appeals for condemnation awards or relocation benefits (whether or not such appeals have been commenced at the time of discontinuance). ��3'7 Title to any Parcels as to which the Redeveloper has been required to pay the damage award pursuant to this Section and as to which the City has been required to take title shall be conveyedto the Redeveloper. YYSk�YYYr��xx ■��ri■■*��r�■��r��■■��i ARTICLE VIII EVENTS OF DEFAULT Section 8.1. Redeveloper Events of Default. Subject to Unavoidable Delays, the following are Events of Default of the Redeveloper: �a� Failure to submit the Concept Plan in accordance with Section 5.6, �b� Failure to commence or complete construction of the Public, Site or Minimum Improvements pursuant to t�ie terms, conditions and limitai�o�.s of Article V, �� Failure to substantially observe or perform any other covenant, condition, obligation or agreement of the Redeveloper hereunder, or �d� Prior to completion of the Proj ect, the Redeveloper sha1L• (i) file any peti- tion in bankruptcy or for any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under the United States Bankruptcy Code or un- der any similar federal or state law; (ii} make an assignment for the benefit of its credi- tors; (iii} admit in writing its inability to pay its debts generally as they become due; or (iv) be adjudicated as bankrupt or insolvent, or if a petition or answer proposing the adju- dication of the Redeveloper as a bankrupt or proposing its reorganization under any pre- sent or future federal bankruptcy act or any similar federal or State law shall be filed in any court and such petition or answer shall not be discharged or denied within ninety (90) days after the filing thereof, or a receiver, trustee or liquidator of the Redeveloper or of the Redevelopment Property, or part thereof shall he appointed in any proceeding brought against tlie Redeveloper and shall not he dischargedwithin ninety (90) days after such appointment, or if the Redeveloper shall consent to or acquiesce in such appointment. � �� {:�• R:k•h�#�•�#�� Section 8.3. Citv Remedies on Default. Whenever any Event of Default referred to in Section 8.1 occurs, �ie City may take any one or more of the following actions after providing thirty (30) days' written notice to the Redeveloper of the Event of Default (��- .