Common use of Further Claims Clause in Contracts

Further Claims. 8.1 With effect from the transfer of possession, the Seller assigns to the accepting Buyer any and all warranty or guarantee claims with regard to the Object of Purchase. 1. The Seller is obliged to submit them to the Buyer within 10 days after the date of transfer of the beneficial ownership (Tag des wirtschaftlichen Übergangs). The Buyer is responsible for the return of the bonds after the relevant lease agreement has expired, insofar as the Buyer has received the bonds from the Seller. The Seller shall support the Buyer in the assertion of the warranty claims vis-à-vis contractors. 8.2 The Seller transfers with effect of the transfer of possession any rights of use regarding the Object of Purchase and/or the building plans to which it is entitled in existing copyrights, including the right to alter and demolish the buildings without the architects, planners, engineers to the Buyer to the extent and insofar that the Seller is the holder of such rights. The Buyer accepts such transfer. 8.3 As from the date of recording of this Purchase Agreement, the Buyer shall be entitled to have the financial information related to the property audited pursuant to the US Securities ▇▇▇ ▇▇▇▇ and the US Securities Exchange Act of 1934, as amended from time to time, at its own expense. As from the date of recording of this Purchase Agreement, the Seller undertakes to reasonably cooperate upon reasonable request by the Buyer in the procurement of data and information that is necessary for the audit and to assist the Buyer in this regard (including any request for data and information to the property manager). The Seller shall further grant the Buyer’s auditors reasonable access to such data and information.