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. <br /> (b) For Convenience. This Agreement may be terminated,in whole or in part,by the Authority whenever,for any <br /> reason, the Authority determines that such termination is in the best interest of the Authority. Termination <br /> shall be effected by delivery to the Recipient of a Termination Notice, specifying the extent to which such <br /> termination becomes effective. The Recipient shall be compensated for completion of activities properly <br /> performed prior to the effective date of termination. The Authority will not be liable for activities performed <br /> after the effective date of termination. <br /> (c) Funding Cancellation. When the Executive Director of IHCDA or the Director of the State Budget Agency <br /> makes a written determination that funds are not available to support continuation of performance of this <br /> Agreement, the Agreement shall automatically terminate. Any determination by the Executive Director of <br /> IHCDA or the Director of the State Budget Agency that funds are not appropriated or otherwise available to <br /> support continuation of performance shall be final and conclusive. <br /> (d) Cross-Default. This Agreement may be suspended and/or terminated immediately if the Recipient has <br /> committed fraud or has misused or misappropriated funds received under this Agreement or another agreement <br /> between the Recipient and IHCDA. In this event IHCDA may de-obligate and/or re-distribute all or any <br /> portion of this award to another recipient. This section shall survive the termination or expiration of this <br /> Agreement. Further,Recipient's breach or default of other agreements or obligations related to the Project <br /> shall constitute a material breach of this Agreement. <br /> (e) Effect of Termination. Upon expiration or termination of this Agreement for any reason,the Recipient shall <br /> transfer to the Authority any unexpended funds on hand and any accounts receivable attributable to the use of <br /> the Award. <br /> 8. Insurance and Indemnification. <br /> (a) Insurance. During the Term,the Recipient shall obtain and maintain,at its expense,with an insurer acceptable <br /> to IHCDA, comprehensive general liability coverage,including contractual coverage,with minimum liability <br /> limits of$500,000 per occurrence and$1,000,000 in the aggregate unless additional coverage is required by <br /> IHCDA. The Recipient shall deliver to the IHCDA a certificate of insurance as soon as practicable upon <br /> execution of this Agreement evidencing coverage or the IHCDA shall have the right to terminate this <br /> Agreement immediately. <br /> (b) Indemnification. The Recipient shall indemnify,defend,and hold harmless the IHCDA,its directors,officers, <br /> employees, and agents of and from any and all claims, losses, damages, or expenses (including reasonable <br /> attorneys'fees)arising out of or in any way related to(a)any breach or alleged breach by the Recipient of any <br /> provision of this Agreement or the Application or any material inaccuracy of any representation or warrant <br /> made by it herein,(b)any act or omission by the Recipient,its employees,agents,representatives or affiliates, <br /> directly or indirectly, related to its performance of this Agreement constituting negligence, recklessness or <br /> willful misconduct; and (c) any alleged failure on the part of the Recipient, its employees, agents, <br /> representatives or affiliates to comply with any federal, state and local laws and regulations. The Authority <br /> shall not provide such indemnification to the Recipient. This subsection shall survive the termination or <br /> expiration of this Agreement. <br /> 9. Notice to Parties. Notice shall be deemed to have been given under this Agreement whenever any notice, <br /> statement,or other communication shall be delivered in person,or sent via overnight delivery service maintaining <br /> records of receipt to the address below,unless otherwise requested in writing: <br /> (a) Notices to the Recipient shall be sent to: <br /> City of South Bend <br /> 227 West Jefferson Avenue-Suite 1400 N <br /> South Bend,IN 46601 <br /> Attention: IHCDA Award Administrator <br /> (b) Notices to the IHCDA shall be sent to: <br /> LEAD-CITY of SOUTH BEND LD-018-003 <br /> Recapture Page 5 of 23 <br />