Common use of Retention of Books and Records Clause in Contracts

Retention of Books and Records. No member of the Affiliated Group shall destroy or permit the destruction of any books, records or files pertaining to any other member of the Affiliated Group without first having offered in writing to deliver those books, records and files to the other member, and the other member shall have the right upon prior notice to inspect and to copy the same at any time during business hours for any proper purpose.

Appears in 3 contracts

Samples: Tax Allocation and Indemnity Agreement (Capital Bancorp/Fl), Tax Allocation and Indemnity Agreement (Mego Mortgage Corp), Tax Allocation and Indemnity Agreement (General Inspection Laboratories Inc)

AutoNDA by SimpleDocs

Retention of Books and Records. No member of the Affiliated Group shall destroy or permit the destruction of any books, records or files pertaining to any other member of the Affiliated Group without first having offered in writing to deliver those books, records and files to the other member, and the other member shall have the right upon prior notice to inspect and to copy the same at any time during business hours for any proper purpose.

Appears in 1 contract

Samples: Tax Allocation and Indemnity Agreement (Massic Tool Mold & Die Inc)

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