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NNRHA Board of Commissioners meeting package — April 2026

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4 10. Interpretation of Scope of Assignment. The scope of this Assignment of the rights and obligations of the Transaction Documents by Assignor to Assignee and the reference to the Bonds, Bond Documents, Project Assets and Transaction Documents shall be broadly construed. 11. Consent Agreement of the Trustee. Upon execution of this Assignment by the Trustee, the Trustee hereby agrees and acknowledges that, if required by any Transaction Document, it has or will provide its consent to the Purchaser’s acquisition of the James River Flats Apartments and all of the related assets that have been acquired by Assignor on or before the Effective Date.
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