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Any addressee may designate a different address for communications by notice given under this <br /> subsection to the other. <br /> 7 . 06 This Agreement is executed as to form only until all parties have fully signed and executed <br /> the same . The effective date of this Agreement shall be the date upon which all parties have fully <br /> signed and executed this Agreement . When the last party fully signs and executes this <br /> Agreement , that party shall add the date of his signature to the very first paragraph of this <br /> Agreement and such date shall become the effective date of the Agreement . <br /> 7 . 07 The parties shall , to the greatest extent possible , fully cooperate to develop and approve <br /> an agreement and means of sales tax recapture . The process for sales tax recapture may be <br /> accomplished in any lawful manner . No Project may proceed until a sales tax recapture <br /> agreement is adopted for the specific Project or for all Projects inclusively . <br /> ARTICLE Vill <br /> DEFAULTS REMEDIES COSTS AND PERSONAL LIABILITY <br /> 8 . 01 A party is in default under this Agreement ( i ) if it fails to observe and perform any covenant , <br /> condition or agreement on its part to be observed or performed for a period of 30 days after notice <br /> specifying the failure and requesting that it be remedied has been given by the other party , or ( ii) if <br /> any representation or warranty provided in this Agreement is found to be incorrect or incomplete in <br /> any material respect as of the Effective Date , <br /> 8 . 02 Whenever any default is continuing , the non-defaulting party may take any or all of the <br /> following remedial steps : <br /> ( i ) At its option , cure the default by paying money or taking any other appropriate <br /> action , in which case the defaulting party must reimburse the non-defaulting party for <br /> all costs and expenses reasonably incurred in curing the default , including legal costs . <br /> ( ii ) Take whatever action at law or in equity may appear necessary or desirable to <br /> collect the amounts then due and thereafter to become due , or to enforce performance <br /> and observance of any obligation , agreement or covenant of a party under this <br /> Agreement . <br /> 1 <br /> ( iii ) Where the default is a failure to enter into a sales tax recapture agreement , <br /> each party is entitled to the remedy of specific performance . <br /> I <br /> 8 . 03 No remedy conferred or reserved in this Agreement is intended to be exclusive , but instead <br /> is intended to be cumulative . No delay or omission to exercise any right or power accruing upon <br /> any default constitutes a waiver of that right or power . A waiver of any default is limited to the <br /> default so waived and does not waive any other default . If a party incurs legal or other costs and <br /> expenses to collect any payments due under this Agreement , or to enforce the performance or <br /> observance of any obligation or covenant under this Agreement , then to the extent permitted by <br />