Assignment and Charges. The Developer shall not assign in favour of any person this Agreement or the rights, benefits and obligations hereunder save and except with prior consent of the Authority.
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Sources: Project Development and Management Agreement, Project Development and Management Agreement, Project Development and Management Agreement
Assignment and Charges. The Developer shall not assign in favour of any person this Agreement or the rights, benefits and obligations hereunder save and except with prior consent of the Authority. The Developer shall also not create nor shall permit to subsist any Encumbrance over the Project except with prior consent in writing of the Authority, which consent the Authority be entitled to decline without assigning any reason whatsoever.
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Assignment and Charges. The Developer shall not assign in favour of any person this Agreement or the rights, benefits and obligations hereunder save and except with prior consent of the Authorityobligations.
Appears in 1 contract
Sources: Lease Cum Development Agreement
Assignment and Charges. The Developer shall not assign in favour of any person this Agreement or the rights, benefits and obligations hereunder save and except with prior consent of the Authority. The Developer shall also not create nor permit to subsist any Encumbrance over the Project except with prior consent in writing of the Authority, which consent the Authority shall be entitled to decline without assigning any reason whatsoever.
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