Transferee Party Work Product Clause Samples

Transferee Party Work Product. In the event the Closing does not occur and this Agreement is terminated as a result of the default by Transferee Party under this Agreement, Transferor Party may elect that Transferee Party deliver to Transferor Party copies, at no charge to Transferor Party, of Transferee Party's Work Product. Transferor Party acknowledges that Transferee Party's only obligation is to make copies of Transferee Party's Work Product and that Transferor Party may not be able to legally rely on any of the same. As used herein, Transferee Party Work Product shall mean the following, and only the following: a copy of any architectural review which has been performed for Transferee Party by an third party consultant, a copy of any environmental review which has been performed for Transferee Party by an third party consultant, and copy of any survey which has been performed for Transferee Party by a third party surveyor.