Laserfiche WebLink
(a) any total or partial salc_ assignment. a~nvcyancc_ or Icasc: or <br />(b) anti trust or po~rcr: or <br />(c) anv tt~u~sicr in any other nude or form. with respect to the Contract or the <br />Property or an}• part thercoi~. and' interest therein: or <br />(d) any contract or a~~recment to do any of the abo~c without pri~>r ~~~ritten <br />approval of the Commissioit_ ~t~hich approval shall not be unrcas<~nabl~ <br />~~ithhcld. <br />Phis subsection does not prohibit the Icase or stile of condominium units alter certification oi~ <br />a hart of the propcirty as pro~~ided by Section V. <br />D. ~~proval of Qualifications Prior to Trnnsfcr. l he Commission may rccluirc as <br />conditions precedent to anv approval of transfer ~~r assignment any and all information regarding the <br />qualifications. financial responsibility. legal status. experience, back~sround. and anv and all other <br />information it deems necessary or desirable in order to achieve and safeguard the purposes of the <br />.Act. the Plan. and this Contract. <br />E. Ao Transfer oC Dcyeloper~s Obligations. i~bsent spccitic ~yritten agreement by the <br />Commission to the contrary. no Uansicr or approval by the Commission thereof shall rclie~_e the <br />Developer or any other pally bound in any way by thr Contract or otherwise with respect to the <br />construction <~f the improvements and completion~of the Project from anv omits obligations with <br />respect thereto. <br />F. fntormation as to Interest. The Developer agrees that during the period between <br />execution of this Contract and the Commission=s issuance of the Certificate of Completion. the <br />De~clopcr will promptly notifw the Commission of anv and all changes in the rn~~ncrship of shares or <br />parUicrship interest or any other act or transaction inyol~in~~ or resulting in any ehange in the <br />ownership of such interest in the Developer or the relati~ e distribution thercoi: of which it or anv_ of <br />its ufticers have been notified or otherwise have kno~~~led~e or information. and which results in the <br />ow~na~ship of 50°'0 or more of all outstanding equity of the Developer by persons ~~rho arc not <br />presently shareholders. members or partners of the Developer. <br />6 <br />