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Feasibility Period

Buyer shall have a period of ________ days from the Opening of Escrow (the "Feasibility Period") in which to conduct pre-marketing studies, engineering, environmental, feasibility and/or land plan studies, inspections, investigations and reviews of the Property, and review of information and documents as set forth in ________, and Buyer and its employees, agents and/or independent contractors may come upon The Property at any time during the Feasibility Period in connection with the Buyer's review of The Property (provided that Buyer shall indemnify and hold harmless Seller from and against any and all liability, responsibility or damages incurred or sustained by Seller as a result of the actions of Buyer, its employees, agents or independent contractors in connection therewith).

Prior to the expiration of the Feasibility Period, the Buyer shall provide the Seller and the Escrow Agent with written notice that either (i) The Property is acceptable and Buyer desires to consummate the transaction contemplated hereby or (ii) The Property is not acceptable and the Buyer desires to terminate this Agreement. (Buyer's election to close the transaction contemplated with respect to The Property shall constitute Buyer's election that The Property is acceptable.)


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