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pursuant to Section 5.6 herein and litigation is instituted that results in a final decision that such <br />termination was improper, then this Agreement shall immediately be reinstated as though it had <br />never been terminated. <br />5.4. Legal Action by Parties. <br />5.4.1. Remedies. Either Party may, in addition to any other rights or remedies, <br />institute legal action to cure, correct or remedy any default, enforce any covenant or agreement <br />herein, enjoin any threatened or attempted violation thereof, enforce by specific performance the <br />obligations and rights of the Parties hereto or to obtain any remedies consistent with the purpose <br />of this Agreement. All remedies shall be cumulative and not exclusive of one another, and the <br />exercise of any one or more of these remedies shall not constitute a waiver or election with <br />respect to any other available remedy. <br />5.4.2. No Damages. In no event shall either Party, or its boards, commissions, <br />officers, agents or employees, be liable in damages for any default under this Agreement, it being <br />expressly understood and agreed that the sole legal remedy available to either Party for a breach <br />or violation of this Agreement by the other Party shall be an action in mandamus, specific <br />performance or other injunctive or declaratory relief to enforce the provisions of this Agreement <br />by the other Party, or to terminate this Agreement. This limitation on damages shall not preclude <br />actions by a Party to enforce payments of monies or the performance of obligations requiring an <br />obligation of money from the other Party under the terms of this Agreement including, but not <br />limited to obligations to pay attorneys' fees and obligations to advance monies or reimburse <br />monies. In connection with the foregoing provisions, each Party acknowledges, warrants and <br />represents that it has been fully informed with respect to, and represented by counsel of such <br />Party's choice in connection with, the rights and remedies of such Party hereunder and the <br />waivers herein contained, and after such advice and consultation has presently and actually <br />intended, with full knowledge of such Parry's rights and remedies otherwise available at law or <br />in equity, to waive and relinquish such rights and remedies to the extent specified herein, and to <br />rely to the extent herein specified solely on the remedies provided for herein with respect to any <br />breach of this Agreement by the other Party. <br />5.5. Remedies in Conveyance Agreements. Nothing in this Agreement shall modify <br />any rights or remedies the Parties may have under the Single Family Purchase and Sale <br />Agreement, Developer Hotel Ground Lease, Multifamily Ground Lease, Developer Restaurant <br />Ground Lease, Market Ground Lease, Public Improvements Agreement, or any other agreements <br />entered into between the Parties to carry out and implement this Agreement. <br />5.6. Termination. <br />5.6.1. Expiration of Term. Except as otherwise provided in this Agreement, this <br />Agreement shall be deemed terminated and of no further effect upon the expiration of the Term <br />of this Agreement as set forth in Section 1.3. <br />5.6.2. Survival of Obli _ atg ions. Upon the termination or expiration of this <br />Agreement as provided herein, neither Parry shall have any further right or obligation with <br />respect to the Property under this Agreement except with respect to any obligation that is <br />37 <br />