Common use of Cooperation and Records Retention Clause in Contracts

Cooperation and Records Retention. Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 7 contracts

Samples: Asset Purchase Agreement (Humana Trans Services Holding Corp), Asset Purchase Agreement (Amazing Nutritionals Inc), Asset Purchase Agreement (Mobility Electronics Inc)

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Cooperation and Records Retention. The Seller Parties and Buyer shall each (i) each provide the other others with such assistance as may reasonably be requested by any of them in connection with the preparation of any returnReturn, audit, audit or other examination by any taxing authority or judicial or administrative proceedings proceeding relating to liability for Taxes, (ii) each retain and provide the other others with any records or other information that which may be relevant to such returnReturn, audit or examination, proceeding or determination, and (iii) each provide the other others with any final determination of any such audit or examination, proceeding, proceeding or determination that affects any amount required to be shown on any tax return Return of the other others for any period. Without limiting the generality of the foregoing, Buyer and the Seller Parties shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returnsReturns, supporting work schedules, schedules and other records or information, in a timely manner, as and that information which may be relevant to such returns Returns for all tax Tax periods or portions thereof ending on before or before including the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Tangoe Inc), Asset Purchase Agreement (Tangoe Inc), Asset Purchase Agreement (Open Solutions Inc)

Cooperation and Records Retention. Seller The Shareholders and Buyer Nextera shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other others with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other others with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other others for any period. Without limiting the generality of the foregoing, Buyer the Shareholders and Seller Nextera shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party parties with a reasonable opportunity to review and copy the same.

Appears in 2 contracts

Samples: Contribution Agreement (Nextera Enterprises Inc), Contribution Agreement (Nextera Enterprises Inc)

Cooperation and Records Retention. Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any tax return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Vanguard Cellular Systems Inc), Asset Purchase Agreement (Vanguard Cellular Systems Inc)

Cooperation and Records Retention. Seller The Company and Buyer shall the Purchaser will (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any returnTax Return, audit, audit or other examination by any taxing authority Authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that which may be relevant to such returnTax Return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, proceeding or determination that affects any amount required to be shown on any tax return Tax Return of the other for any period. Without limiting the generality of the foregoing, Buyer the Company and Seller shall each the Purchaser will retain, until the applicable statutes of limitations (including any all extensions) have expired, copies of all tax returnsTax Returns, supporting work schedules, schedules and other records or information, in a timely manner, as and that information which may be relevant to such returns Tax Returns for all tax Tax periods or portions thereof ending on or before the Closing Date Closings and shall will not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Veri-Tek International, Corp.), Asset Purchase Agreement (Noble International LTD)

Cooperation and Records Retention. Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information then in the possession of such party that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return Tax Return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returnsTax Returns, supporting work schedules, and other records or information, information used in a timely manner, as and that may be relevant to the preparation of such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Hologic Inc), Asset Purchase Agreement (Fischer Imaging Corp)

Cooperation and Records Retention. Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the sameDate.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Bio Rad Laboratories Inc), Asset Purchase Agreement (Bio Rad Laboratories Inc)

Cooperation and Records Retention. Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing Tax authority or judicial or administrative proceedings Legal Proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding Legal Proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return Tax Returns of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returnsTax Returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax Tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 2 contracts

Samples: Asset Purchase Agreement (GPS Industries, Inc.), Asset Purchase Agreement (Tix CORP)

Cooperation and Records Retention. Seller and Buyer shall (i) --------------------------------- each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any tax return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Price Communications Wireless Inc)

Cooperation and Records Retention. Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until sixty (60) days after the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Tessera Technologies Inc)

Cooperation and Records Retention. Seller and Buyer Purchaser shall (i) --------------------------------- each provide the other with such assistance as may reasonably be requested by any either of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer Purchaser and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mercury General Corp)

Cooperation and Records Retention. Seller and Buyer shall (i) --------------------------------- each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rental Service Corp)

Cooperation and Records Retention. Seller Sellers and Buyer shall --------------------------------- (iI) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller Sellers shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rental Service Corp)

Cooperation and Records Retention. Buyer, Seller and Buyer the --------------------------------- Companies shall (i) each provide the other others with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other others with any records or other information that may be relevant to reasonably requested in connection with such return, audit or examination, proceeding or determination, and (iii) each provide the other others with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other others for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all Company tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date January 1, 1999 and shall not destroy or otherwise dispose of any such records without first providing the other party others with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Purchase Agreement (Coso Power Developers)

Cooperation and Records Retention. Seller Sellers and Buyer shall (i) each --------------------------------- provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer Sellers and Seller the Company shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party parties with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

Cooperation and Records Retention. Buyer, Seller and Buyer the Companies shall (i) each provide the other others with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other others with any records or other information that may be relevant to reasonably requested in connection with such return, audit or examination, proceeding or determination, and (iii) each provide the other others with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other others for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all Company tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date January 1, 1996 and shall not destroy or otherwise dispose of any such records without first providing the other party others with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Calenergy Co Inc)

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Cooperation and Records Retention. Seller and Buyer shall (i) each --------------------------------- provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Whittaker Corp)

Cooperation and Records Retention. Seller and Buyer shall (i) each --------------------------------- provide the other with such assistance as may reasonably be requested by any either of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, determination and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Fays Inc)

Cooperation and Records Retention. Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such -such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nupo Innovations Inc)

Cooperation and Records Retention. Seller and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required A-33 to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ciphergen Biosystems Inc)

Cooperation and Records Retention. Seller Parties and Buyer shall (ia) each provide the other with such assistance as may reasonably be requested by any of them the other in connection with the preparation of any returnTax Returns, audit, or in connection with any audit or other examination by any taxing authority or any judicial or administrative proceedings relating to liability for Taxes, (iib) each retain and provide the other other, with any records or other information that which may be relevant to any such returnTax Return, audit or examination, proceeding or determination, and (iiic) each provide the other with any final determination of any such audit or examination, proceeding, proceeding or determination that affects any amount required to be shown on any tax return Tax Return of the other for any period. Without limiting the generality of the foregoing, Seller Parties and Buyer and Seller shall each use reasonable efforts to retain, until the applicable statutes statute of limitations (including any extensions) have has expired, copies of all tax returnsTax Returns, supporting work schedules, schedules and other records or information, in a timely manner, as and that information which may be relevant to such returns Tax Returns for all tax periods or portions thereof ending on before or before including the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Polymer Solutions Inc)

Cooperation and Records Retention. The Seller Parties and the Buyer Parties shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, the Seller Parties and the Buyer and Seller Parties shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party Parties with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nextera Enterprises Inc)

Cooperation and Records Retention. Seller Sellers and Buyer shall (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer and Seller Sellers shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sports Club Co Inc)

Cooperation and Records Retention. Seller Seller, the Shareholders and Buyer shall (i) each provide the other others with such assistance as may reasonably be requested by any of them in connection with the preparation of any returnTax Return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability Liability for Taxes, (ii) each retain and provide the other others with any records or other information that may be relevant 54 to such returnTax Return, audit or examination, proceeding or determination, and (iii) each provide the other others with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return Tax Return of the other for any period. Without limiting the generality of the foregoing, Seller, the Shareholders and Buyer and Seller shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returnsTax Returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns Tax Returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nextera Enterprises Inc)

Cooperation and Records Retention. Seller Sellers and Buyer shall --------------------------------- (i) each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer Sellers and Seller the Company shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party parties with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

Cooperation and Records Retention. Seller and Buyer shall (i) --------------------------------- each provide the other with such assistance as may reasonably be requested by any of them in connection with the preparation of any return, audit, or other examination by any taxing authority or judicial or administrative proceedings relating to liability for Taxes, (ii) each retain and provide the other with any records or other information that may be relevant to such return, audit or examination, proceeding or determination, and (iii) each provide the other with any final determination of any such audit or examination, proceeding, or determination that affects any amount required to be shown on any tax return of the other for any period. Without limiting the generality of the foregoing, Buyer Seller and Seller the Company shall each retain, until the applicable statutes of limitations (including any extensions) have expired, copies of all tax returns, supporting work schedules, and other records or information, in a timely manner, as and information that may be relevant to such returns for all tax periods or portions thereof ending on or before the Closing Date and shall not destroy or otherwise dispose of any such records without first providing the other party parties with a reasonable opportunity to review and copy the same.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

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