Common use of Examination and Review Clause in Contracts

Examination and Review. (i) After receipt of the proposed True-Up Adjustment, the City shall have thirty (30) days (the “Review Period”) to review the proposed True-Up Adjustment. During the Review Period, the City and the City’s accountants shall have full access to the relevant books and records of Buyer, the personnel of, and work papers prepared by, Xxxxx and/or Buyer’s accountants to the extent that they relate to the True- Up Adjustment and to such historical financial information (to the extent in Buyer’s possession) relating to the True-Up Adjustment as the City may reasonably request for the purpose of reviewing the proposed True-Up Adjustment and to prepare a Statement of Objections (defined below), provided, that such access shall be in a manner that does not unreasonably interfere with the normal business operations of Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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Examination and Review. (i) After receipt of the proposed True-Up Adjustment, the City shall have thirty (30) days (the “Review Period”) to review the proposed True-Up Adjustment. During the Review Period, the City and the City’s accountants shall have full access to the relevant books and records of Buyer, the personnel of, and work papers prepared by, Xxxxx Buyer and/or Buyer’s accountants to the extent that they relate to the True- Up Adjustment and to such historical financial information (to the extent in Buyer’s possession) relating to the True-Up Adjustment as the City may reasonably request for the purpose of reviewing the proposed True-Up Adjustment and to prepare a Statement of Objections (defined below), provided, that such access shall be in a manner that does not unreasonably interfere with the normal business operations of Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

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