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' ~u~.~0~s · ¢9.69) ~. .~d. so, for the fore~oin~ reasons the ~edeveloper represents ~nd ~a) Except only (1) by way of security for, and only for, (l). the purpose of obtaining financing necessary to enable the Redeveloper or any successor in interest to the Property, or any part thereof~ to perform its obligations with respect to making the Improvements under the Asreement, and (ii) any other purpose authorized by the A~reeaent, and (2) as to any individual parts or parcels of 'the Property on' which the Improvements to be constructed thereon have been completed, and which, by the terms of the P4~reement, the Redeveloper is authorized to convey or lease as such Improvements are completed, the Redeveloper (except as so authorized) has not made or created, and that it will not, prior to the proper completion off the Improvements as certified by the ~&ency, make or create, or suffer to be made or created, any total or partial sale, assignment, conveyance, or lease, or any trust or power, or transfer in any other mode or form of or with respect to the '~reement Or the Property, or any part thereof or any interest therein, or any contract or agreement to do any off the same, without the prior written approval of the Agency: Provided, That, prior to the issuance by the A~ency of the certificate prov--~d~d for in Section 30? hereof es' to completion off construction of the Improvements, the Redeveloper may enter into any agreement to sell, lease, or otherwise transfer, after the issuance of such certificate, the Property or any part thereof or interest therein, which agreement shall not provide for paymen~ of'or on account of the purchase price or rent for the Property, or the part thereof or the interest therein to be so transferred, prior to the issuance of such certificate. (b) The Agency shall be entitled to require, except as otherwise provided in the A~reement, as conditions to' any such approval that: Any proposed transferee shall have t~e qualifications and financial responsibility, as determined by the A~ency, necessary and adequate to fulfill the obligatfons undertaken in the Agreement by the Redeveloper (or, in the event the transfer is of or relates to part of the Property, such obligations to the extent.that they relate to such part). (2) Any proposed transferee, by instrument in writing satisfactory to the Agency e. nd in form recordable ~mong the land records, shall, for itself and its successors and assigns, and. expressly for the benefit of the A~ency, have expressly assumed all of ~he obligations of the Redeveloper ' IO