Common use of AMENDMENT OF THE DEVELOPMENT AGREEMENT Clause in Contracts

AMENDMENT OF THE DEVELOPMENT AGREEMENT. Assignor shall not request, process or consent to any amendment to the Development Agreement that would affect the Transferred Property or the Assigned Interests without Assignee’s prior written consent, in Assignee’s sole and absolute discretion. The foregoing notwithstanding, Assignor may process any amendment that does not affect the Transferred Property, and, if necessary, Assignee shall consent thereto and execute all documents necessary to accomplish said amendment, provided that said amendment does not affect the Transferred Property or any of the Assigned Interests. Assignee shall not request, process or consent to any amendment to the Development Agreement that would affect the Assignor Property or the Assignor’s remaining rights and obligations pursuant to the Development Agreement without Assignor’s prior written consent, in Assignor’s sole and absolute discretion. The foregoing notwithstanding, Assignee may process any amendment that does not affect the Assignor Property, and, if necessary, Assignor shall consent thereto and execute all documents necessary to accomplish said amendment, provided that said amendment does not affect the Assignor Property or any of Assignor’s remaining rights and obligations pursuant to the Development Agreement.