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(c)
<br />(ii) Any proposed transferee, by instrument in writing satisfactory to the City
<br />and in form recordable among the land records shall, for itself and its
<br />successors and assigns, and specifically for the benefit of the City, have
<br />expressly assumed all of the obligations of the Developer under this
<br />Agreement and agreed to be subject to such obligations, restnctions and
<br />conditions or, in the event the transfer is, of, or relates to, part of the
<br />Development Property, such obligations, conditions, and restnctions to the
<br />extent that they relate to such part; provided, that the fact that any
<br />transferee of, or any other successor in, interest whatsoever to, the
<br />Development Property or any part thereof, shall, for whatever reason, not
<br />have assumed such obligations or agreed to do so, shall not, unless and
<br />only to the extent otherwise specifically provided in the Agreement or
<br />agreed to in wntmg by the City, relieve or except such transferee 01
<br />successor from such obligations, conditions, or restrictions, or deprive or
<br />limit the City of, or with respect to, any rights or remedies or controls with
<br />respect to the Development Property or the construction of the Minimum
<br />Improvements, it being the intent of this Section, together with other
<br />provisions of this Agreement, that to the fullest extent permitted by law
<br />and equity and excepting only in the manner and to the extent specifically
<br />provided otherwise in the Agreement, no transfer of, or change with
<br />respect to, ownership in the Development Property or any part thereof, or
<br />any interest therein, however, consummated or occurring, whether
<br />voluntary or involuntary, shall operate, legally or practically, to depnve or
<br />limit the City of any rights or remedies with respect to the Development
<br />Property and the construction of the Minimum Improvements that the City
<br />would have had, had there been no such transfer or change
<br />(in) There shall be submitted to the City, for review, all instruments and other
<br />legal documents involved in effecting transfers descnbed herein, and if
<br />approved by the City, its approval shall be indicated to the Developer in
<br />writing
<br />In the absence of specific written agreement by the City to the contrary, no
<br />such transfer or approval by the City thereof shall be deemed to relieve the
<br />Developer from any of its obligations with respect thereto
<br />Notwithstanding the limitations set forth in this Article VI the City approves and
<br />consents that Developer may lease the Development Property provided that the
<br />Developer retains all obligations of the Developer under this Agreement in the
<br />manner set forth in Section 6 2 (b)(n) herein Absent specific written agreement
<br />by the City to the contrary, such action shall not be deemed to relieve the
<br />Developer from any of its obligations under this Agreement
<br />(d) No provision of Section 6 2 shall be construed or interpreted to prohibit the
<br />Developer from transferring the Development Property and/or Developers rights
<br />undei this agreement to a partnership or limited liability company in which the
<br />Developer is the owner of 51 % or more of the partnership or membership
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