Assignment by the Client. Notwithstanding anything to the contrary contained in this Agreement, in case of Developer Default, the Client may, after giving 60 (sixty) days’ notice to the Developer, assign and/ or transfer any of its rights and benefits and/or obligations under this Agreement to an assignee who is, in the reasonable opinion of the Client, capable of fulfilling all of the Client’s then outstanding obligations under this Agreement.
Appears in 2 contracts
Sources: Development Agreement, Development Agreement