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Developer's request for County consent to the proposed sale, assignment or transfer. The County <br /> shall, have thirty(30)days from the date of receipt of such request to approve or deny the <br /> requested sale, transfer or assignment based on the standards set forth in Section 1.6.4., above. <br /> Failure of the County to act within such thirty(30)day period shall be deemed an approval of the <br /> request; provided the Developer has included the statement to that effect as required herein in its <br /> notice to the County and has provided in a timely manner all other information required in <br /> connection with said request, including,but not limited to, an executed Assumption Agreement <br /> as required by Section 1.6.4.13. hereof. A denial by the County of the request based on late, <br /> inaccurate or insufficient information furnished by Developer shall not be deemed unreasonable; <br /> provided the County has notified the Developer in writing, within fifteen (15) days of receipt of <br /> the request from the Developer, that the information was late,inaccurate or insufficient. If a <br /> denial is based upon such grounds, Developer may cure such deficiency and reinstate its request <br /> by providing such information, thereby starting the thirty(30)day period anew. <br /> 1.7. Notices. With respect to both Permitted Assignments and sales, assignments or <br /> transfers not subject to the requirements of Section 1.6., the Developer shall give written notice <br /> to the County,in the manner specified in Section 10. hereof within ten(10) days after the close <br /> of escrow, of any such sale, assignment or transfer of any portion of the Property in which the <br /> Developer holds an interest and any assignment of this Agreement, specifying the name or <br /> names and mailing address of the purchaser, assignee or transferee, the amount and location of <br /> the land sold, assigned or transferred, and the name and address of a single person or entity to <br /> whom any notice relating to this Agreement shall be given. With respect to the Permitted <br /> Assignment, Developer shall submit to County with such notice a fully executed and <br /> acknowledged Assumption Agreement (in substantially the form of Exhibit D hereto as approved <br /> by the County Counsel), with evidence of its recordation. Notices to Mortgagees shall be <br /> governed by the provisions of Section 1.6.5. hereof. <br /> 1.8. County Approval of Parcelization or Resubdivision. Developer contemplates filing <br /> preliminary parcelization or subdivisions of the Property as permitted by the Master Plan <br /> pursuant to a preliminary map (as referred to in the Master Plan) for purposes of creating logical <br /> parcels but not intended for immediate development. Nothing in Section 1.6. of this Agreement <br /> shall be deemed to constitute or require County consent to or approval of any parcelization or <br /> subdivision of the Property, or any portion thereof, it being recognized that any such actions <br /> must comply with applicable County laws and regulations and be consistent with the Existing <br /> Approvals and this Agreement. <br /> 1.9. Amendment of Agreement. <br /> 1.9.1. This Agreement may be amended from time to time by mutual consent of <br /> the County and Developer,with County costs payable by Developer or other amendment <br /> applicants, provided that the procedure and findings required for consideration and approval by <br /> the County of an amendment to this Agreement, including an extension of the Term (other than <br /> as provided in Section 1.5.2. hereof) shall be the same as those specified in the Development <br /> Agreement Regulations for consideration and approval of this Agreement in the first instance, <br /> including compliance with CEQA. In addition, as provided by Government Code Section <br /> 65869.5, in the event that subsequent state or federal regulations prevent compliance with one or <br /> W02-SF:FPDW 1481145.2 -22- <br />