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4. GENERAL PROVISIONS. <br />M <br />m M.-I x <br />4.2 Assignment. Owner shall have the right to transfer or assign the <br />Property, in whole or in part, to any person, entity (public or private), <br />partnership, joint venture, firm or corporation at any time during the term of <br />this F__ixst..Ani.ended and Restated Dovegig.p lent Agreement; provided, <br />however, the rights of Owner under this First Amended arid..ResWW <br />Pavelanment Agreement may not be transferred or assigned unless the <br />written consent of the Council is first obtained and any transfer or <br />assignment of the rights under this First Ame _ wand —Rsstated <br />Develanm -at Agreement shall include in writing the assumption of the <br />duties, obligations, and liabilities arising from this Ejm .Amended and <br />Restated Develonmen Agreement if the City grants written consent to <br />transfer the rights. Nor shall the rights of the Owner hereunder be subject <br />to assignment by attachment, execution, or proceedings under any <br />provision of the Bankruptcy Act, and any such assignment or transfer of <br />the rights under this Etrst�A oc p __- and- ..Restatr-cL l .nor_►.t <br />Agreement shall be wholly void and of no force and effect unless such <br />written consent thereto be obtained from the Council. A transfer or <br />assignment of the rights tinder this First Amended and Restated <br />DQY-QLQ Agreement without the consent of the City shall not relieve <br />Owner of any accrued duty, obligation or liability to City. No consent shall <br />be required for sale of units to condominium unit buyers. <br />During the term of this Eirst Amended anti Re4atett_Deve a <br />Agreement, any approved assignee or transferee of the rights under this <br />First Amended and Rertated.._Lsvelonment Agreement shall observe <br />and perform all of the duties and obligations of Owner contained in this <br />First Amended and Restated Deyetar pmont Agreement as such duties <br />and obligations pertain to the portion of the Property transferred or <br />assigned. Any and all approved successors and assignees of Owner shall <br />O.W(4006.0\423701454.,18832Y25. _8_ <br />75A -64 <br />