Common use of No Assignment or Conveyance Clause in Contracts

No Assignment or Conveyance. Developer shall not convey, assign or transfer the Premises, the Project or any interest therein prior to the termination of the 15 year period commencing on the effective date specified in the Section 3.01 hereof, without the prior written consent of the Agency, which the Agency shall grant or deny within fifteen (15) days of receipt of written request from Developer, which consent shall not be unreasonably withheld, and which the Agency may make subject to any terms or conditions it deems appropriate, except for the following conveyances, which shall be permitted without consent of Agency:

Appears in 6 contracts

Samples: Redevelopment Contract, Redevelopment Contract, Redevelopment Contract

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