Common use of Transfers to Exempt Transferees Clause in Contracts

Transfers to Exempt Transferees. Transfers to the following Transferees shall not require City's prior consent (collectively "Exempt Transferees"): (a) Affiliates (provided that, for purposes of (i) Phase I (the BART Garage), Affiliates shall be limited to Affiliates of MPI or BUILD or any entity comprised of MPI and BUILD or comprised of Affiliates of MPI and BUILD; (ii) Phase 2 (the affordable rental project), Affiliates shall be limited to BRIDGE Housing Corporation or Affiliates of BRIDGE Housing Corporation;