Common use of Approved Transfers Prior to Issuance of Certificate of Completion Clause in Contracts

Approved Transfers Prior to Issuance of Certificate of Completion. Notwithstanding Section 9.1 above, and provided, that Developer provides PHB with copies of all agreements and any other information reasonably necessary for PHB to determine whether such transfer complies with the requirements of this Agreement at least ten (10) Business Days prior to the effective date of the proposed transfer, PHB hereby consents to: 9.2.1. An assignment of ▇▇▇▇▇▇▇▇▇’s rights in this Agreement and/or a transfer of the Developer’s fee interest in the Property to the Partnership pursuant to the Lease (which interest will remain subject to the terms and conditions of this Agreement) . In furtherance and not in limitation of the foregoing, the lease by the Developer of the Property to the Partnership pursuant to the Lease will not be subject to the ten

Appears in 1 contract

Sources: Agreement for Disposition and Development of Property

Approved Transfers Prior to Issuance of Certificate of Completion. Notwithstanding Section 9.1 above, and provided, that Developer provides PHB with copies of all agreements and any other information reasonably necessary for PHB to determine whether such transfer complies with the requirements of this Agreement at least ten (10) Business Days prior to the effective date of the proposed transfer, PHB hereby consents to: 9.2.1. An assignment of ▇▇▇▇▇▇▇▇▇Developer’s rights in this Agreement and/or a transfer of the Developer’s fee interest in the Property to the Partnership pursuant to the Lease (which interest will remain subject to the terms and conditions of this Agreement) . In furtherance and not in limitation of the foregoing, the lease by the Developer of the Property to the Partnership pursuant to the Lease will not be subject to the ten

Appears in 1 contract

Sources: Agreement for Disposition and Development of Property