Preservation Period definition

Preservation Period has the meaning set forth in Section 5(c).

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Preservation Period means, with respect to such Tax books and records, the seventh (7th)-year anniversary of the Closing Date, and with respect to all other such books and records, the third (3rd)-year anniversary of the Closing Date, in each case, or such longer period as is required by applicable Law.

Preservation Period has the meaning set forth in Section 8.8(a).

Examples of Preservation Period in a sentence

If the Departing Agent would like to obtain a list of their Leads, then the Leads can be exported upon written request to eXp Realty’s Technology and Technical Support at ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ (an “Export Request”) provided the Export Request is received within the Preservation Period.
If Departing Agent does not provide an Export Request as set forth herein during the Preservation Period, then the Departing Agent’s Leads are subject to forfeiture and deletion after the Preservation Period expires.
The Contractor shall also guarantee that all Subcontractor and Supplier documents shall be retained and open to similar inspection, audit and/or copying during the Contract Time and also the Preservation Period.
In the event Buyer wishes to destroy such books and records during the Preservation Period, Buyer shall first provide ten (10) Business Days’ prior written notice to Seller, and Seller shall have the right, at its option and expense, to take possession of such records within ten (10) Business Days after notice thereof.
During the Preservation Period, Purchasers shall, and shall cause the Conveyed Entities and the Affiliates of Purchasers to, use commercially reasonable efforts to hold and maintain information as provided for in this Section 5.7(a) pertaining to Taxes, Tax proceedings or other Tax obligations of or relating to the Business, the Conveyed Entities or Affiliates.
Either Party may also request that historical recordings be preserved beyond the Preservation Period, and requests for extended preservation shall not be unreasonably withheld.
If Departing Agent does not provide an Export Request as set forth herein during the Preservation Period, then the Departing Agent’s Leads are subject to forfeiture and/or deletion after the Preservation Period expires.
If the Departing Agent does not provide an Export Request as set forth herein during the Preservation Period, then the Departing Agent’s non-eXp generated leads are subject to forfeiture and deletion after the Preservation Period expires.
If Contractor cannot pay the cost to export the leads under the Preservation Period, then the leads become property of Company.
Holdco may request, no later than 15 Business Days prior to the end of the Preservation Period, at Holdco’s expense, to obtain any such items prior to their disposal by the other party, and the other party shall comply with such request to the extent permitted to do so by applicable Law or Order, or by a contractual obligation.

More Definitions of Preservation Period

Preservation Period is defined in Section 5.2(b).

Preservation Period means that period of time for up to eighteen (18) months in which a Secured Party may seek to foreclose its lien in and sell the Membership of a Member without action by SCI to cancel such Membership. See Article 3.8.