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collateral assignment or pledge of amounts payable to Company <br />hereunder. Company may also assign this Agreement to any purchaser of <br />the Project Location without the consent or authorization of the City <br />Council of the City, provided such assignment is of the Agreement in its <br />entirety to a single entity. In the event of any assignment pursuant to the <br />preceding sentence, Company shall remain liable for the payment to City <br />of the amounts described in Section 11 that were actual received, by <br />Company in the event a Conversion occurs within the time period set forth <br />in said Section 11 and any successor -in- interest to Company shall remain <br />liable for the payment to City of the amounts described in Section 11 that <br />were actually received by such successor -in- interest in the event a <br />Conversion occurs within the time period set forth in said Section 11. <br />Company (and any successor -in- interest) shall promptly provide to the <br />City written notiCe.of any eseignmerrt of this Agreement Ai}y essignment <br />of this Agreement other than as described above Shall require the prior <br />written consent and authorization of the City Council of the City, and any <br />such purported assignment made without such prior authorization shall be <br />void. <br />17. No Joint Venture. Nothing in this Agreement is intended or shall be <br />Cott t tQ cfe* a lett 11,Ptktre between; the City and Company and the <br />City shall never be liable or responsible for any debt or obligation of <br />Company. <br />(00174494.DOC:4} <br />Signature page follows. <br />Page 5 of 6 <br />