Common use of Access to and use of information Clause in Contracts

Access to and use of information. From the date hereof to the Closing Date, Buyer and its officers, directors, employees, auditors, counsel and advisors shall have the right at reasonable times during normal business hours (in a manner that does not unreasonably interfere with J&L’s business operations), with reasonable advance notice of at least 48 hours, to visit and inspect the Facilities and to examine and make excerpts from its books, contracts, accounts and records, and to request and receive from Kennametal, Seller and J&L information concerning J&L’s business, assets, operations and financial condition. All information received from Kennametal, Seller and J&L shall be held in confidence by Buyer in accordance with the terms of the Confidentiality Agreement. No investigation pursuant to this Section 8.01 shall affect any of the representations or warranties of the parties herein or the conditions to the obligations of the parties hereto.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Kennametal Inc), Stock Purchase Agreement (MSC Industrial Direct Co Inc)