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(d) of Section Sl and Section 1360 of the Civil Code and subdivisions (n), (o), <br />and (p) of Section 12955 of the Government Code shall apply to paragraph (1)." <br />(c) In Contracts, the following language shall appear: <br />"There shall be no discrimination against or segregation of any person or group of <br />persons on account of any basis listed in subdivision (a) or (d) of Section 12955 <br />of the Government Code, as those bases are defined in Sections l 2926, 12926.1, <br />subdivision (m) and paragraph (1) of subdivision (p) of Section 12955, and <br />Section 129552 of the Government Code, in the sale, lease, sublease, transfer, <br />use, occupancy, tenure or enjoyment of the property nor shall the transferee or <br />any person claiming under or through the transferee establish or permit any such <br />practice or practices of discrimination or segregation with reference to selection, <br />location, number, use or occupancy of tenants, lessee, subtenants, sublessees or <br />vendees of the land." <br />ARTICLE V>< <br />LIMITATIONS ON CHANGE IN OWNERSHIP, MANAGEMENT <br />AND CONTROL OF DEVELOPER <br />6.1 Change Pursuant to this Agreement. Developer and its principals have <br />represented that they possess the necessary expertise, skill and ability to carry out the <br />development of the Project on the Property pursuant to this Agreement. The qualifications, <br />experience, financial capacity and expertise of Developer and its principals are of particular <br />concern to the Agency. It is because of these qualifications, experience, financial capacity and <br />expertise that the Agency has entered into this Agreement with Developer. No voluntary or <br />involuntary successor, assignee or transferee of Developer shall acquire any rights or powers <br />under this Agreement, except as expressly provided herein. <br />6.2 Prohibition on Transfer. Prior to the expiration of the term of the Regulatory <br />Agreement, Developer shall not, except as expressly permitted by this Agreement, directly or <br />indirectly, voluntarily, involuntarily or by operation of law make or attempt any total or partial <br />sale, transfer, conveyance, assignment or lease (collectively, "Transfer") of the whale or any <br />part of Developer's interest in the Property, the Project, the Improvements, or this Agreement, <br />without the prior written approval of Agency, which approval shall not be unreasonably <br />withheld. (The provisions concerning Transfer of the Property, the Project and the <br />Improvements shall apply commencing upon Developer's acquisition of a leasehold interest in <br />the Property.) Any such attempt to assign this Agreement without the Agency's consent shall be <br />null and void and shall confer no rights or privileges upon the purported assignee. ]n addition to <br />the foregoing, prior to the expiration of the term of the Regulatory Agreement, except as <br />expressly permitted by this Agreement, Developer shall not undergo any significant change of <br />ownership without the prior written approval of Agency. For purposes of this Agreement, a <br />"significant change of ownership" shall mean a transfer of the beneficial interest of more than <br />twenty-five percent (25°/0) in aggregate of the present ownership and /or control ofDeveloper, <br />taking all transfers into account on a cumulative basis; provided however, neither the admission <br />of an investor limited partner, nor the transfer by the investor ]imited partner to subsequent <br />> > ~s9s~-R 23 <br />