Common use of Post Closing Covenants of the Parties Clause in Contracts

Post Closing Covenants of the Parties. (a) Targa shall be responsible for and shall pay when due any land transfer taxes, sales taxes, excise taxes (goods and services taxes) and similar taxes (but not Taxes of the Sellers for the period up to Closing), and any registration fees payable in respect of the sale and transfer of the Purchased Assets to Targa. (b) The Sellers will deliver the Purchased Assets to Targa at Closing. The Sellers may from time to time during normal business hours and upon reasonable notice and without undue interference to the business operations of Targa, inspect and make copies (at its own expense) of the Records, provided that its access to and use of such Records will be limited to legal and regulatory purposes, including preparing tax returns, responding to tax audits, or otherwise dealing with Governmental Authorities. The inspection rights accorded herein to the Sellers shall survive after Closing for such time as the Sellers may be liable to any Government Authorities in relation to the transactions contemplated herein.