Assignment of Right of First Refusal. Grantee may assign this Agreement and all of Xxxxxxx’s rights hereunder to a corporation that is tax-exempt under Section 501(c)(3) of the Code and that is qualified to own and operate housing developments for low income persons. Nothing in this Article 6 shall be deemed to waive or modify the terms of Article 1.
Appears in 2 contracts
Samples: First Refusal Agreement, California Tax Credit Allocation Committee
Assignment of Right of First Refusal. Grantee may assign this Agreement and all of XxxxxxxGrantee’s rights hereunder to a corporation that is tax-exempt under Section 501(c)(3) of the Code and that is qualified to own and operate housing developments for low income persons. Nothing in this Article 6 shall be deemed to waive or modify the terms of Article 1.
Appears in 2 contracts
Samples: California Tax Credit Allocation Committee, First Refusal Agreement
