Common use of Plans and Reports Clause in Contracts

Plans and Reports. If, for any reason whatsoever, Buyer ----------------- terminates this Agreement, Seller may elect to have Buyer assign to Seller all of Buyer' rights, title and interests to feasibility studies, including audits prepared by Coopers & ▇▇▇▇▇▇▇, Buyer's financial models, analyses, economic reports, marketing studies, maps, surveys, environmental reports, civil and soil engineering reports, site plans, plans and specifications relating to the Improvements on all of the Properties and any and all other plans, reports and other documents or work relating to any and all of the Properties including but not limited to, Latitude 33's ALTA surveys of the Property, and the physical inspection reports and environmental reports prepared by Building Analytics prepared by or for Buyer, including all land use and other governmental approvals and applications therefor ("Plans and Reports"), completed to Buyer's reasonable satisfaction, with all costs and fees relating thereto fully paid (i.e., at no cost or expense to Seller). Seller agrees that Buyer makes no warranty to Seller as to the accuracy of such Plans and Reports, and Seller agrees to indemnify Buyer for all costs, expenses, claims, liabilities, losses, damages, arising out of or in connection with Seller, its agents or successors using or relying on the Plans and Reports if Seller elects to have Buyer assign them to Seller. Buyer agrees to deliver any and all such Plans and Reports, paid for in full, to Seller within three (3) days after Buyer's receipt of Seller's written notice regarding Seller's election to have Buyer deliver the same. Buyer agrees to execute any reasonable assignment documents prepared by Seller within five (5) days of Seller's request. In addition, Buyer agrees to return any and all of the Documents and Materials to Seller within five (5) days of termination.

Plans and Reports. If, for any reason whatsoever, Buyer terminates ----------------- terminates this Agreement, Seller may elect to have Buyer assign to Seller all of Buyer' rights, title and interests to feasibility studies, including audits prepared by Coopers & ▇▇▇▇▇▇▇, Buyer's financial models, analyses, economic reports, marketing studies, maps, surveys, environmental reports, civil and soil engineering reports, site plans, plans and specifications relating to the Improvements on all of the Properties and any and all other plans, reports and other documents or work relating to any and all of the Properties including but not limited to, Latitude 33's ALTA surveys of the Property, and the physical inspection reports and environmental reports prepared by Building Analytics prepared by or for Buyer, including all land use and other governmental approvals and applications therefor ("Plans and Reports"), completed to Buyer's reasonable satisfaction, with all costs and fees relating thereto fully paid (i.e., at no cost or expense to Seller). Seller agrees that Buyer makes no warranty to Seller as to the accuracy of such Plans and Reports, and Seller agrees to indemnify Buyer for all costs, expenses, claims, liabilities, losses, damages, arising out of or in connection with Seller, its agents or successors using or relying on the Plans and Reports if Seller elects to have Buyer assign them to Seller. Buyer agrees to deliver any and all such Plans and Reports, paid for in full, to Seller within three (3) days after Buyer's receipt of Seller's written notice regarding Seller's election to have Buyer deliver the same. Buyer agrees to execute any reasonable assignment documents prepared by Seller within five (5) days of Seller's request. In addition, Buyer agrees to return any and all of the Documents and Materials to Seller within five (5) days of termination.