Common use of Notification to City of Transfer Clause in Contracts

Notification to City of Transfer. Assignee shall notify City in writing of any proposed sale or other transfer of any or all of the real property constituting the Subject Proeprty. Such notice shall be provided not less than thirty (30) days prior to the proposed effective date of the sale or other transfer and, if a Declaration of Restrictive Covenants has not yet been recorded in satisfaction of all of the requirements of this Section, then such notice shall include a copy of a draft deed of such sale or other disposition to enable City to confirm that the requirements set forth above in this Section have been fulfilled.

Appears in 3 contracts

Samples: Tax Increment Financing Redevelopment Agreement, Tax Increment Financing Redevelopment Agreement, Tax Increment Financing Redevelopment Agreement

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Notification to City of Transfer. Assignee Company shall notify City in writing of any proposed sale or other transfer of any or all of the real property constituting in the Subject ProeprtyRedevelopment Area or any interest therein. Such notice shall be provided not less than thirty (30) days prior to the proposed effective date of the sale or other transfer and, if a Declaration of Restrictive Covenants has not yet been recorded in satisfaction of all of the requirements of this SectionSection 25.D, then such notice shall include a copy of a draft deed of such sale or other disposition to enable City to confirm that the requirements set forth above in this Section 25 have been fulfilled.

Appears in 2 contracts

Samples: Tax Increment Financing Redevelopment Agreement, Tax Increment Financing Redevelopment Agreement

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