Agmt 2006 Mercy Housing California XXXIII (3)

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the Project or the Improvements, as the same may be amended or modified from time to time, which Contractor may own or have the right to use and to grant others the right to use. Contractor further agrees that, upon the written request of Agency (whether or not any Event of Default has occurred), it will execute and deliver a certification confirming Agency's rights with respect to such Reports, Plans, and Specifications as Agency from time to time may reasonably request. Contractor agrees that for so long as the Assignment Agreement is effective, if Assignor defaults in making any required payment or in performing any other obligation under any Assigned Document to which Contractor is a party, Contractor shall give prompt written notice thereof to Agency. Unless and until such notice is given to Agency, and for a period of 15 business days thereafter, Contractor shall not exercise any of its rights or remedies against Assignor under the Assigned Documents (including, without limitation, the right to terminate any Assigned Document or to stop work thereunder). After such notice is given and for a period of 15 business days thereafter, Agency may, at its option, cure (but shall have no obligation to cure) any such default by Assignor and, if such default is so cured during such notice period, Contractor shall continue performance under the Assigned Documents to which such Contractor is a party. Contractor represents and warrants that (i) the Assigned Documents to which Contractor is a party are in full force and effect, and to Contractor's knowledge there are no defaults thereunder by any party thereto; (ii) Contractor has made no assignment of any Assigned Document to which Contractor is a party or of its rights thereunder (other than to Agency); and (iii) there presently exists no unpaid claims presently due to Contractor, except as disclosed in writing to the Agency, arising in connection with the performance of Contractor's obligations under the Assigned Documents to which Contractor is a party. Contractor agrees that for so long as the Assignment Agreement is effective, Contractor shall not assign its rights or interest in any of the Assigned Documents (absent the prior written consent of Agency) to any entity other than a lender whose loan is secured by the Property, the Project or the Improvements with the prior written approval of the Agency. IN WITNESS WHEREOF, Contractor has duly executed this Consent as of the date first written above. I1C . .~~~'H ~\~\~ -k- ~l-\~\oJ\~y:>~~ Contractor's Address: tc:::Aa-v~ 'r' ~ ~S,S" \ H Its: ~.\~ Telephone: Facsimile: 2't:i2s0 N\~ ~(. 1&~~ ~ ~4=l\O ~ \ Q,) CoG\4 - t C!:> "t.b (CS;L-b) \044 - ,~-z..~ 812544.2 9