Destruction Notice definition
Examples of Destruction Notice in a sentence
The Service Recipient may, at its option, arrange to take delivery of any such documents (at the Service Recipient’s expense) during the Destruction Notice Period.
Within not more than one hundred twenty (120) days after the damage or destruction, Landlord shall give written Notice to Tenant (the “Damage or Destruction Notice”) of its intent to restore the Premises, Building, and/or Project, or to terminate the Lease as a result of the failure of one or more of the conditions set forth in (a)-(e) above, in which case, Landlord’s Damage or Destruction Notice shall also include a termination date giving Tenant thirty (30) days to vacate the Premises.
The Damage or Destruction Notice shall also, if Landlord is required to or elects to restore, set forth Landlord’s reasonable estimate of the time required for restoration after issuance of any required building permit.
In addition to the foregoing, neither Seller nor Buyer shall, without ninety (90) days prior written notification (a "Destruction Notice") to the other, destroy any pre-Closing books and records, including electronic and computerized records, related to the Business, unless such destruction is to occur in the ordinary course of business of the party destroying such books and records, or in compliance with such party's general record retention policies.
Following receipt of a Destruction Notice, if Seller or Buyer, as applicable, advises the other party in writing within such ninety (90) day period, the applicable party will promptly deliver the applicable books and records to the other.
Following Seller's receipt of a Destruction Notice, if Seller advises Purchaser in writing within such ninety (90) day period, Purchaser will promptly deliver the applicable Books and Records to Seller.
Following Seller’s receipt of a Destruction Notice, if Seller advises Purchaser in writing within such ninety-day period, Purchaser will promptly deliver the applicable Books and Records to Seller.
Notwithstanding any of the foregoing provisions of this Section 7.13, neither party shall destroy any documents that remain relevant to taxes or Tax Returns that are the responsibility of the other party for which the statute of limitations has not expired without prior giving of a Destruction Notice to the other party.
Following Sellers' receipt of a Destruction Notice, if Sellers advise Purchaser in writing within such 90 day period, Purchaser will promptly deliver the applicable Books and Records to Sellers.
In addition to the following, Purchaser shall not, without ninety (90) days prior written notification (a "Destruction Notice") to Seller, destroy any pre-Closing Books and Records of the Acquired Entities.