Common use of Transfer of Documentation Clause in Contracts

Transfer of Documentation. Within ten (10) business days after the Opening Date of Escrow, Seller shall provide Purchaser with (and shall transfer upon Closing as part of the purchase herein contemplated) copies of any and all final existing building plans, preliminary or as- built surveys, Phase I environmental and engineering and soils reports, and similar non-privileged documents in the possession of Seller (as specified in the Letter of Intent between the parties dated March 30, 1999) and which relate to the Properties (collectively, the "Properties Documents"). The date upon which all of the Property's Documents have been delivered to Purchaser shall be referred to as the "Properties Documents Delivery Date". In any event, Purchaser shall have not less than 20 business days after the Properties Documents Delivery Date to inspect and approve or reject such documents. If after the Properties Documents Delivery Date Seller supplies (and if the same shall come to the attention of Seller, the Seller shall so supply) any amendments, updates or corrections to the Properties Documents, Purchaser shall have an additional five (5) business days after the expiration of the 20-day review period, or after the delivery of such amendments, updates or corrections supplied by Seller, to review and approve any such amendments, updates or corrections.