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E. No Transfer of Developer's Obligations. Absent specific written agreement by the Commission to the contrary, no transfer or approval by the Commission thereof shall relieve the Developer or any other party bound in any way by the Contract or otherwise with respect to the construction of the improvements and completion of the Project from any of its obligations with respect thereto. F. Information as to Interest. The Developer agrees that during the period between execution of this Contract and the Commission's issuance of the Certificate of Completion. the Developer will promptly notify the Commission of any and all changes in the ownership ofshares or partnership interest, or any other act or transaction involving or resulting in any change in the ownership of such interest in the Developer or the relative distribution thereof, of which it or any of its officers have been notified or otherwise have knowledge or information, and which results in the ownership of 50% or more of all outstanding equity of the Developer by persons who are not presently shareholders, members or partners of the Developer. SECTION VUL RESERVED. SECTION IX. REMEDIES. A. In General. Except as otherwise provided in the Contract, upon any default in or breach of the Contract by either party or any successor to such party, such party (or successor), upon written notice from the other, shall proceed immediately to cure or remedy such default or breach within thirty (30) days after receiving the notice. If action is not taken or not diligently pursued or the default or breach is not cured or remedied within a reasonable time; the aggrieved party may institute proceedings necessary or desirable in its opinion to cure and remedy the default or breach, including, but not limited to, proceedings to compel specific performance by the party in default or breach of its obligations. B. Termination by Developer Prior to Conveyance. If the Commission does not tender conveyance or possession of the Property in the manner and condition and by the date provided in the Contract, and any such failure is not cured within forty-five (45) days after the date of written demand by the Developer, the Contract shall be terminated at the option of the Developer, by written notice to the Commission, and, except for return of any Deposit, neither the Commission nor the Developer shall have any further rights against or liability to the other under the Contract: C. Termination by Commission Prior to Conveyance. In the event that: prior to conveyance of the Property to the Developer and in violation of the Contract: