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or invitees, or (v) any accident, injury to or death of persons or damage to property whatsoever in <br />or about the Commission Property or any part thereof; and should any claim, action or <br />proceed: ng shall be brought against the Commission by reason of any such claim, damage and/or <br />liability. CHA, upon written notice from such party, shall defend such action or proceeding with <br />counsel acceptable to such party. Notwithstanding the foregoing, while the CHA Property is <br />subject to a mortgage insured or held by the U.S. Department of Housing and Urban <br />Develorment ( "HUD "), any liability of CHA under this Agreement with respect to the <br />Commission Property is limited to "surplus cash" as defined in the Regulatory Agreement for <br />Multifamily Housing Projects by and between CHA and HUD. <br />6.03. Nonliability. The Commission shall not be responsible or liable to CHA, <br />or any Ferson, firm or corporation claiming by, through or under CHA for, or by reason of, (i) <br />any injury or damage to the improvements or any equipment or apparatus or appliances on the <br />Commission Property, (ii) any failure or defect of water, heat, electric light or power supply, or <br />of any , pparatus or appliance in connection therewith, or for any injury or loss or damage to <br />person cr property resulting therefrom, or (iii) any injury, loss or damage to any persons or to the <br />Commission Property, or to any property of CHA or of any other person, contained in or upon <br />the Commission Property, caused by or arising or resulting from the electric wiring, or plumbing, <br />water, steam, sewerage, or other pipes, or by or from any machinery or apparatus, or by or from <br />any defect in or leakage, bursting or breaking of any of the foregoing the same, or by or from, <br />any leakage, running or overflow of water or sewerage in any part of said premises, or by or <br />from any other defect or other cause whatsoever (other than any such injury, failure, defect, loss <br />or damage caused by the willful or negligent act or omission of the Commission or its respective <br />agents, contractors, servants or employees). <br />Events of Default. <br />7.01. Definition. CHA's failure to perform any covenant or obligation herein <br />contained and the continuance of such failure for a period of ninety (90) days after notice in <br />writing :o CHA from the Commission specifying the nature of such failure, and provided the <br />Commission shall not cure said failure as provided in Section 7.03 if not remedied as hereinafter <br />provided, shall be deemed an "Event of Default ". <br />7.02. Extensions. If the Commission gives notice at any time of a default of a <br />nature that cannot be cured with the ninety (90) day period provided in Section 7.01, then such <br />default shall not be deemed an Event of Default so long as CHA, following notice from the <br />Commission, proceeds to cure the default aS soon as reasonably possible and continues to take all <br />reasonable steps necessary to complete the same within a period of time which, under all <br />prevailing circumstances, shall be reasonable. In addition, no Event of Default shall be deemed <br />to have occurred if and so long as CHA shall be delayed in or prevented from curing the same <br />within the applicable cure period by a reason beyond CHA's reasonable control and not <br />avoidable by reasonable diligence. <br />7.03. Remedies. Upon any Event of Default pursuant to Section 7.01, or at any <br />time thereafter so long as the same is not cured, the Commission may cure any such Event of <br />Default ind collect the cost thereof from CHA upon demand. In addition to any other rights that <br />2 <br />