Common use of Public Company Requirements Clause in Contracts

Public Company Requirements. Upon Purchaser’s request, for a period of two (2) years after Closing, Seller shall make any books and records of the Property remaining in possession of Seller available to Purchaser for inspection, copying and audit by Purchaser’s designated accountants, and at Purchaser’s expense. Seller shall provide Purchaser, but without third-party expense to Seller, with copies of, or access to, such factual information in connection with this Agreement and/or the Property as may be reasonably requested by Purchaser, and in the possession or control of Seller, to enable Purchaser to comply with applicable filing requirements of the Securities and Exchange Commission. Purchaser or its designated independent or other accountants may audit the operating statements of the Property, and Seller shall supply such documentation in its possession or control as Purchaser or its accountants may reasonably request in order to complete such audit and shall provide to Purchaser’s auditors a representation letter from Seller or its representative reasonably satisfactory to Purchaser’s auditors in connection with such audit.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Nanoviricides, Inc.), Agreement of Purchase and Sale (NPS Pharmaceuticals Inc)

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Public Company Requirements. Upon Purchaser’s request, during the Due Diligence Period and for a period of two (2) years after Closing, Seller shall make any the books and records of the Property remaining in possession of Seller Properties and the Guilford Real Estate Trust available to Purchaser for inspection, copying and audit by Purchaser’s designated accountants, and at Purchaser’s expense. Seller shall provide Purchaser, but without third-party expense to Seller, with copies of, or access to, such factual information in connection with this Agreement and/or the Property as may be reasonably requested by Purchaser, and in the possession or control of Seller, to enable Purchaser to comply with applicable filing requirements of the Securities and Exchange CommissionCommission (“SEC”). Purchaser or its designated independent or other accountants may audit the operating statements of the PropertyProperties and the Guilford Real Estate Trust, and Seller shall supply such documentation in its possession or control as Purchaser or its accountants may reasonably request in order to complete such audit and shall provide to Purchaser’s auditors a customary representation letter from Seller or its representative reasonably satisfactory to Purchaser’s auditors in connection with such audit.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Guilford Pharmaceuticals Inc)

Public Company Requirements. Upon Purchaser’s request, for a period of two (2) years after Closing, Seller shall make any books and records of the Property remaining in possession of Seller available to Purchaser for inspection, copying and audit by Purchaser’s designated accountants, and at Purchaser’s expenseexpense (exclusive of records pertaining to the entity owning the Property, appraisals and other documents Seller deems confidential). Seller shall provide make available to Purchaser, but without third-party expense to or warranty by Seller, with copies of, or access to, such factual information in connection with this Agreement and/or the Property as may be reasonably requested by Purchaser, and in the possession or control of Seller, to enable Purchaser to comply with applicable filing requirements of the Securities and Exchange Commission. Purchaser or its designated independent or other accountants may audit the operating statements of the Property, and Seller shall supply such documentation in its possession or control as Purchaser or its accountants may reasonably request in order to complete such audit and shall provide to Purchaser’s auditors a representation letter from Seller or its representative reasonably satisfactory to Purchaser’s auditors in connection with such audit.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Array Biopharma Inc)

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Public Company Requirements. Upon PurchaserBuyer’s request, for a period of two (2) years after Closing, Seller shall make any books and records of the Property remaining in possession of Seller available to Purchaser Buyer for inspection, copying and audit by PurchaserBuyer’s designated accountants, and at PurchaserBuyer’s expense. Seller shall provide PurchaserBuyer, but without third-party expense to Seller, with copies of, or access to, such factual information in connection with this Agreement and/or the Property as may be reasonably requested by PurchaserBuyer, and in the possession or control of Seller, to enable Purchaser Buyer to comply with applicable filing requirements of the Securities and Exchange Commission. Purchaser Buyer or its designated independent or other accountants may audit the operating statements of the Property, and Seller shall supply such documentation in its possession or control as Purchaser Buyer or its accountants may reasonably request in order to complete such audit and shall provide to PurchaserBuyer’s auditors a representation letter from Seller or its representative reasonably satisfactory to PurchaserSeller and to Buyer’s auditors in connection with such audit.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Array Biopharma Inc)

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