Laserfiche WebLink
[DRAFT} <br /> <br />Developer's defense obligation under Section 13. t above, the City must give the Formal Notice <br />of an), such matter in reasonable detail to the Developer. <br /> <br /> ARTICLE 14 <br />SUCCESSORS IN TITLE AND ASSIGNMENT <br /> <br /> ' <br /> <br />.............. ~, ...................... s ........ T~NSFERS OF TITLE AND ASSIGNMENT. <br />The Deve}oper may not transfer title to all or any portion of the Subiect ProperD, or assi~ <br />an[ of its ~hts or obligations under this Master A~reement withouf the consent of the <br />CiD'~Foy__p~oses of this Master A~.reemenR a transfer of shares, pa~nership interes~ <br />membership, interest or other ownership interest in a Developer which results ~ a transfer <br />in control of the Developer entiB' constitutes an assignment-of the Developer's rights under <br />this Master Agreement. The Ci~, may ~rant or withhold its consent in the Ci~)'s sole and <br />absolute discretion except as follows: <br /> <br />If the Developer conveys a portion of the Subject Property, to a Secondary <br />Develop_er, the City's approval of Final Plans for the Secondary Development <br />and execution of a Secondary Development A~reement with the Secondary <br />Developer constitutes the City's consent to Developer's conveyance of the <br /> <br />project__B, that 'is the subject Of the Secondary Development to the Secondary <br />Developer; and <br /> <br />if the Developer conveys all of its remainins interest in the Subject Proper .~ <br />to a successor developer, the Cit~: must consent to the conveyance of the real <br /> <br />1555730.red <br />V8 tp V6; <br />8/2 9/0 3 <br /> <br />37 <br /> <br /> <br />