Common use of Developer Interests Clause in Contracts

Developer Interests. Developer shall not: (i) sell, convey, or transfer to any person any interest in Developer; (ii) otherwise encumber, pledge, or assign any interest in Developer; (iii) grant any security interest in any interest in Developer; or (iv) cause or permit any such sale, conveyance, transfer, encumbrance, pledge, assignment, or grant of security interest.

Developer Interests. Developer shall not: (i) sell, convey, or transfer to any person any interest in DeveloperDeveloper in violation of Subsection 10(e); (ii) otherwise encumber, pledge, or assign any interest in DeveloperDeveloper in violation of Subsection 10(e); (iii) grant any security interest in any interest in Developer; or (iv) cause or permit any such sale, conveyance, transfer, encumbrance, pledge, assignment, or grant of security interest.