Without cost to Developer Clause Samples

Without cost to Developer or the Owner and subject to the Lender’s rights under the Direct Agreement, expressly permit assignment to the Owner, the Lender, or either of their respective successors, assignees or designees, of all Developer’s rights under the Key Contract, contingent only upon delivery of written request from the Owner following termination or expiration of this Agreement, allowing the Owner or its successor, assign or designee to assume the benefit of Developer’s rights with liability only for those remaining obligations of Developer accruing after the date of assumption, such assignment to include the benefit of all Key Contractor warranties, indemnities, guarantees and professional responsibility;

Without cost to Developer or IFA, and subject to the rights of the