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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> the City grants written consent to transfer the rights. Nor shall the rights of Nexus or Geneva <br /> Commons hereunder be subject to assignment by attachment, execution, or proceedings under <br /> any provision of the Bankruptcy Act, and any such assignment or transfer shall be wholly void <br /> and of no force and effect unless such written consent thereto be obtained from the City Council. <br /> Such transfer or assignment shall not relieve Nexus or Geneva Commons of any duty, obligation <br /> or liability to City without the consent of the City. <br /> During the term of this Agreement, any approved assignee or transferee of the <br /> rights under this Agreement shall observe and perform all of the duties and obligations of Nexus <br /> or Geneva Commons contained in this Agreement as such duties and obligations pertain to the <br /> Nexus or Geneva Commons. Any and all approved successors and assignees of Nexus or <br /> Clepeva Commons shall have all of the same rights, benefits, duties, obligations, and liabilities of <br /> Nexus or Geneva Commons under this Agreement; If the Property is subdivided,' any subdivided <br /> parcel may be sold, mortgaged, hypothecated, assigned, or transferred to persons for <br /> development by them. Capon assignment or transfer of the rights of Nexus or Geneva Commons <br /> under this Agreement, the obligations of the assignor and the transferee or assignee shall be joint <br /> and several. <br /> IN WITNESS WHEREOF, the parties hereto have executed this Agreement the date and <br /> year fuss above written. <br /> <br /> SANDPOINTB NEIGHBORHOOD, <br /> ASSOCIATION, INC. <br /> <br /> <br /> By <br /> Name <br /> Its <br /> <br /> <br /> <br /> NEXUS DEVELOPMENT CORPORATION/ <br /> CRNTRAL DIVISION, INC. <br /> <br /> <br /> By -G~ <br /> Name <br /> Its <br /> <br /> <br /> <br /> Ordinance No. NS-2880 12 <br /> Page 42 of 61 <br /> <br /> <br /> <br /> <br /> 11 A-46 <br />