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~,"T µ.. ~ <br />$1-- UU573a <br />wua~axaa <br />ta.n <br />:,~;- - <br />-, with respect to any other defaults by the Redeveloper under this Section or <br />with respect is the *~:rticular default except to the extent specifically <br />waived in writing. <br />SEC. 707. Enforced Aelsy in Performance for Causes Beyond Control of <br />P~~t. For the purposes of any of the provisions of the Agreement, neither <br />the Agency nor the Redeveloper, as the case may be, nor any successor in <br />interest, shall be considered in breach of, or default in, its obligations <br />with respect~to the preparation of the Property Por redevelopment, or the <br />beginning and completion bf construction of the Improvements, or progress in <br />respect thereto; in tihe event of enforced delay in the performance of such <br />' Obligations due to unforeseeable ~~ausea beyond its control and without Sts <br />fault or negligence, including, but not restricted to, acts of God, sets of <br />the public enemy, acts of the Federal Government, acts of the other party, <br />fires, floods, epidemics, quarantine restrictions, strikes, freight, <br />embargoes, and unusually severe weather or delays of subcontrnetors due to <br />such causes; it being the purpose and intent of this grovision that in the <br />event of the occurrence of any such enforced delay, the time or times for <br />performance of the obligations of the Agency with respect to the preparation <br />of the Property for redevelopment or of the Redeveloper with respect to <br />oorstrvttion of the Impro~zmeats, as the case may be, shall be extended for <br />the period of the enforced delay as determined by the Agency: Provided, <br />That the party seeking the benefit of the provisions of this Section shall, <br />within tea (10} days after the beginning oP any such enforced delay, have <br />first notified Lhe other party thereof in writing, and of the cause or <br />causes thereof, sad requested as extension for the period of the enforced delay. <br />SEC. 708. Rights and Remedies Cumulative. The rights and remedies of <br />the parties to the Agreement, whether providtd by law or by the Agreement <br />shall be cumulative, and the exercise by either party of any one or more of <br />such remedies shall net preclude the exercise by it, at the same or <br />different times, of any other such remedies for the same default or breach <br />or of any of its remedies far say other default or breach by the other party. <br />No waiver made by either such party with respect to the performance, or <br />manner ox tia~ thereof, or any obligation of the ether party or any <br />condition to its own obli~,ation under the Agreement shall be considered a <br />waiver of 'any rights of the party making the waiver with respect to the <br />particular obligation of the other gamy or condition to its awn obligation <br />beyond those expressly waived in writing and to the extent thereof, or n <br />giver i any ras,.:.ct is regard to any of her rig:.ta of the party making the <br />+.~iver or-~ other obligations sf the other party. <br />SEC, T09. part 1n Position of Surety With Respect to Obligations. <br />The I~edaveloper, for taelf and its successors and assigns, and for all <br />other persarns who are or who shall became, whether by express or implied <br />assumption or otherwise, liable upon or subject to aay obligation or burled <br />under the Agreement, hereby naives, to the fullest extent permitted by law <br />and equity, any and all claims or defenses otherwise available on the ground <br />of ite (ar their) bring or having become a person in the position of a <br />surety, vt~ether real, personal, or otherwise or whether by agreement or <br />operation of law, including, without limitation on the generality of the <br />faregoing, any and all claims and defenses based upon extension of time, <br />indulgence, or modification of texas of contract. <br />- 19 - <br />} <br />