Common use of Employment Records Clause in Contracts

Employment Records. Except as otherwise provided in the Transition Services Agreement and for those records required by law to be maintained by Buyer, Sellers shall use commercially reasonable efforts to remove the Employment Records from the Real Property as soon as practicable after Sellers no longer require the use of such Employment Records. Any Employment Records remaining on the Real Property after Sellers no longer require the use of such Employment Records may be removed, disposed of or destroyed by Buyer; provided, however, that Buyer must give Sellers 30 days written notice before removing, disposing of or destroying such Employment Records, except as otherwise required by law.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Weirton Steel Corp), Asset Purchase Agreement (Weirton Steel Corp), Asset Purchase Agreement (International Steel Group Inc)

AutoNDA by SimpleDocs

Employment Records. Except as otherwise provided in the Transition Services Agreement and for those records required by law to be maintained by Buyer, Sellers shall use commercially reasonable efforts to remove the Employment Records from the Real Property as soon as practicable after Sellers no longer require the use of such Employment Records. Any Employment Records remaining on the Real Property after Sellers no longer require the use of such Employment Records may be removed, disposed of or destroyed by Buyer; provided, however, that Buyer must give Sellers 30 days written and without any notice before removing, disposing of or destroying such Employment Recordsto any Person, except as otherwise required by law.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Bethlehem Steel Corp /De/), Asset Purchase Agreement (International Steel Group Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.