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PART 5. DEFAULT <br />Section 5.01. Default and Termination for Cause. Either Party may declare a default <br />under this Agreement and may terminate this Agreement if the other: a) refuses, fails or neglects <br />to comply with any of the terms of this Agreement; or b) made or makes any representation <br />relied upon by the other in entering into this Agreement or in any subsequent request or <br />submission relating to this Agreement that is false or misleading in any material respect. <br />Section 5.02. Remedies not Exclusive. Either Party may exercise its remedies for <br />default in conjunction with one another or separately, and together with any other statutory or <br />common law remedies available. Any failure by either Party to enforce this Agreement with <br />respect to one or more defaults will not waive such Party's ability to enforce the Agreement after <br />that time. <br />Section 5.03. Mutual Termination. Either Party may terminate this Agreement for any <br />reason by providing written notice of termination to the other at least 90 days before the date of <br />termination stated therein. If the City terminates under this Section, it agrees to process any <br />applications or requests for financial assistance or incentives for which Qualified Personnel are <br />eligible to apply filed up to and including the effective date of termination of this Agreement. <br />PART 6. MISCELLANEOUS <br />Section 6.01. No Joint Venture. It is understood and agreed between the parties that <br />the City and Seton, in executing this Agreement, and in performing their respective obligations, <br />are acting independently, and not in any form of partnership or joint venture. NEITHER <br />PARTY ASSUMES RESPONSIBILY OR LIABILITY TO ANY THIRD PARTIES IN <br />CONNECTION WITH THIS AGREEMENT. <br />Section 6.02. Notices. All notices required by this Agreement will be delivered to the <br />Page 6 of 8