Common use of Title Files Clause in Contracts

Title Files. Promptly after the execution of this Agreement and until five Business Days prior to the Closing Date, Seller shall permit Buyer and its representatives at reasonable times during normal business hours to examine, in Seller's offices, those title and contract files, permit files, operating and maintenance files, and related documents, records and materials concerning the Operating Assets and the assets of Pipeline and the Starr Partnerships that are now in existence and in the possession of Seller, the Subsidiaries, the Partnership or Pipeline (except to the extent disclosure of same is prohibited pursuant to agreements with third parties and with respect to which Seller has been unable to secure consent to disclose despite its commercially reasonable efforts to do so), including abstracts of title, title opinions, title files, ownership maps, lease files, contract files, assignments, division orders, check vouchers, payout statements and agreements pertaining to the Operating Assets and the assets of Pipeline and the Starr Partnerships. Seller shall cooperate with Buyer and provide such assistance as is reasonably necessary to assist Buyer in determining the validity of the Partnership's title to the Operating Assets and Pipeline's title to its assets and the assets of the Starr Partnerships from the information contained in Seller's files.

Appears in 1 contract

Sources: Stock Purchase Agreement (Tesoro Petroleum Corp /New/)

Title Files. Promptly after the execution of this Agreement and ----------- until five Business Days prior to the Closing Date, Seller shall permit Buyer and its representatives at reasonable times during normal business hours to examine, in Seller's offices, those title and contract files, permit files, operating and maintenance files, and related documents, records and materials concerning the Operating Assets and the assets of Pipeline and the Starr Partnerships that are now in existence and in the possession of Seller, the Subsidiaries, the Partnership or Pipeline (except to the extent disclosure of same is prohibited pursuant to agreements with third parties and with respect to which Seller has been unable to secure consent to disclose despite its commercially reasonable efforts to do so), including abstracts of title, title opinions, title files, ownership maps, lease files, contract files, assignments, division orders, check vouchers, payout statements and agreements pertaining to the Operating Assets and the assets of Pipeline and the Starr Partnerships. Seller shall cooperate with Buyer and provide such assistance as is reasonably necessary to assist Buyer in determining the validity of the Partnership's title to the Operating Assets and Pipeline's title to its assets and the assets of the Starr Partnerships from the information contained in Seller's files.

Appears in 1 contract

Sources: Stock Purchase Agreement (Eex Corp)