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(4) The award of the arbitrator shall be accompanied by a statement of the reasons <br /> upon which the award is based. The arbitrator shall not have the power to modify this <br /> Declaration. The award may not include, and the parties specifically waive, any award of <br /> punitive damages. The fees and costs of the arbitrator shall be borne equally by the parties. <br /> (5) The arbitrator may consolidate proceedings with respect to any dispute or claim <br /> under this Declaration with proceedings with respect to any related controversy, provided that <br /> any parties to such controversy who are not parties to this Declaration consent to such <br /> consolidation. <br /> (6) The parties will cooperate in the exchange of documents relevant to any dispute <br /> or claim. Deposition or interrogatory discovery may be conducted only by agreement of the <br /> parties or if ordered by the arbitrator. In considering a request for such deposition or <br /> interrogatory discovery, the arbitrator shall take into account that the parties are seeking to avoid <br /> protracted discovery in connection with any arbitration proceeding hereunder. <br /> (7) If a party determines that a dispute or claim presents such party with an <br /> extraordinary situation that requires it to seek emergency provisional relief prior to the <br /> appointment of the arbitrator who will determine such dispute cr claim, it may seek such <br /> emergency provisional relief from any court having jurisdiction; provided, however, that (a) in <br /> order to obtain any such relief, the court shall determine that such party has met any applicable <br /> standards imposed by the law applicable to the relief requested with respect to such party's rights <br /> to such relief and (b) such relief may only be sought and obtained on the condition that any order <br /> entered by the court will expire ten (10) days after the appointment of the arbitrator unless the <br /> party that sought the order renews its application for emergency provisional relief to the <br /> arbitrator within such ten (10) day period, which arbitrator shall then make de novo any findings <br /> of fact that may be required in ruling on such renewed application. <br /> Section 8. Term <br /> The covenants, conditions, easements, and restrictions of this Declaration shall run with and bind <br /> the properties covered hereby, and shall inure to the benefit of the parties hereto, and their respective <br /> successors and assigns, until an instrument terminating this Declaration has been executed by the parties <br /> hereto (or their respective successors or assigns, as the case may be) and recorded. <br /> Section 9. Estoppel Certificates <br /> At any time, within fifteen (15) days after a request by either party, the other party shall certify in <br /> writing to the requesting party, or any person specified by the requesting party, (1) whether this <br /> Declaration is unmodified and in full force and effect (or if it has been modified, that the same is in full <br /> force and effect as modified and setting forth such modification); (2) whether to the best of the other <br /> party's knowledge, the requesting party is in default under this Declaration (and if there are known <br /> defaults, specifying with reasonable detail the nature thereof), and (3) any other information which the <br /> requesting party may reasonably request to be confirmed. <br /> 726decla.doc <br /> Page 6 of 13 <br />