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Section 6.9. Assignability of Agreement and Tax Increment Note. This <br />Agreement and the Tax Increment Note may not be assigned by the Developer without <br />the prior written consent of the City, which consent the City agrees will not be <br />unreasonably withheld. Notwithstanding the foregoing, the Developer may assign this <br />Agreement and /or the Tax Increment Note to the Developer's successor or to any ground <br />lessee or purchaser of the Development Property, provided that no such assignment shall <br />be permitted until and unless the assignee shall execute and deliver to the City an <br />assumption agreement in form and substance acceptable to the City pursuant to which <br />said assignee agrees to be bound by and perform all terms and provisions of this <br />Agreement. Notwithstanding that any such assignment is made, the Developer shall not <br />be released from personal liability under this Agreement. <br />1058683.RED <br />V5 to V4; 7/14/99 <br />23 <br />PAGE 40 <br />