Status of Redevelopment Plan: Agency & City Covenants to Defend Redevelopment Plan and Agreement Sample Clauses

Status of Redevelopment Plan: Agency & City Covenants to Defend Redevelopment Plan and Agreement. The Agency (and the City as to its actions relating to same) represent to Redeveloper that the Redevelopment Plan and the Agreement have been duly and validly reviewed, approved and adopted by all requisite action on the part of the Agency and the Common Council and by any and all other local Governmental Authorities having jurisdiction thereof. The only effect of a breach of this representation of the Agency and the City will be that the Agency (and the City as to its actions relating to same) will be required, at the request of Redeveloper, at their sole cost and expense, to take any and all actions necessary or appropriate to re-approve, re-adopt, re-authorize and/or re-execute the Redevelopment Plan, and to defend the Redevelopment Plan and/or this Agreement and the validity thereof, and the validity of any and all approvals thereof and of any and all actions taken in pursuit of the implementation of the Redevelopment Plan and/or this Agreement, against Legal Challenges of any nature by any and all Persons whatsoever, and, to the extent not prohibited by law, to allow the Redeveloper’s legal counsel to have Meaningful Participation in the City’s and Agency’s defenses of such Legal Challenges (and the Redeveloper shall have no action for damages as a result of such a breach). The Redeveloper covenants and agrees, at its cost, to assist and to cooperate with the City and the Agency in the defense of any and all Legal Challenges to the Redevelopment Plan and/or this Agreement and/or the approvals thereof and/or the actions taken hereunder. In the event that any Legal Challenge to the Redevelopment Plan and/or this Agreement and the validity thereof, and/or the validity of any and all approvals thereof and of any and all actions taken in pursuit of the implementation of the Redevelopment Plan and/or this Agreement shall result in a final decision, by a court of competent jurisdiction, after all appeals, adversely to the interests of the City, the Agency and the Redeveloper and invalidating the Redevelopment Plan and/or this Agreement and/or any essential actions taken in pursuit of the implementation of it, and if there shall be no other legal, political or other action or proceeding available to re-approve, re-adopt, re-authorize and/or re-execute the Redevelopment Plan and/or this Agreement and/or such implementing action in a manner which will shield it from the adverse effect of such final, judicial decision, then either the Redeveloper or the City and...
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Related to Status of Redevelopment Plan: Agency & City Covenants to Defend Redevelopment Plan and Agreement

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