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11 . 13 1031 Exchange . Either party hereto may structure this transaction as a like kind exchange <br /> pursuant to Section 1031 of the Internal Revenue Code . If a party elects to structure this transaction as a <br /> like kind exchange pursuant to Section 1031 , the other party shall cooperate in effecting such exchange . <br /> The 1031 party will make all necessary arrangements for the exchange, pay all costs associated with the <br /> exchange and bear all other expenses and risks necessary to accomplish the exchange . The 1031 parry ' s <br /> exchange shall be accomplished through a qualified intermediary, Escrow Agent, exchange agent or similar <br /> third party . The 1031 parry ' s structuring the acquisition of the Property as an exchange shall not extend or <br /> delay the Closing of the Property . <br /> 11 . 14 Sovereign Immunity . Notwithstanding any other term or provision in the Contract, <br /> nothing herein is intended nor shall be interpreted as waiving any claim or defense based on the principle <br /> of sovereign immunity or other State or federal constitutional provision or principle that otherwise would <br /> be available to the Buyer under Applicable Law . <br /> [ SIGNATURE PAGE FOLLOWS ] <br /> 15 <br />