Common use of Retention of and Access to Records Clause in Contracts

Retention of and Access to Records. After the Closing Date, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices (but for no less than five years) those Records of Seller delivered to Buyer. Buyer also shall provide Seller and its Representatives reasonable access thereto, during normal business hours and on at least three days’ prior written notice, to enable them to prepare financial statements, tax returns, or deal with tax audits. For a period of five (5) years after the Closing Date, Seller shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three days’ prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 4 contracts

Samples: Asset Purchase Agreement (LOCAL.COM), Asset Purchase Agreement (LOCAL.COM), Asset Purchase Agreement (DigitalPost Interactive, Inc.)

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Retention of and Access to Records. After the Closing Date, Buyer shall retain for a period consistent with Buyer’s 's record-retention policies and practices (but for no less than five years) those Records of Seller delivered to Buyer. Buyer also shall provide Seller and its Representatives reasonable access thereto, during normal business hours and on at least three days' prior written notice, to enable them to review and analyze the Final 9/30 Balance Sheets, the Final Adjustments Calculation and related information, prepare financial statements, statements or tax returns, returns or deal with tax audits. For a period of five (5) years after After the Closing Date, Seller shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three days' prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Astec Industries Inc)

Retention of and Access to Records. After the Closing DateClosing, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices (but for practices, and in no event less than five yearsthirty-six (36) months, those Records of Seller delivered to Buyer. Buyer also shall provide Seller Sellers and its Representatives reasonable access theretoaccess, without cost, to such Records and personnel of Buyer, during normal business hours and on at least three (3) days’ prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with tax audits. For a period of five (5) years after After the Closing DateClosing, Seller Sellers shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three (3) days’ prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ceco Environmental Corp)

Retention of and Access to Records. After the Closing Date, Buyer and Seller each shall retain retain, for a period consistent with Buyer’s their respective record-retention policies and practices (practices, but for no not less than five a period of four (4) years) , those Records of Seller the other party delivered to Buyerit. Buyer also shall provide Seller and its Affiliates and their Representatives reasonable access thereto, during normal business hours and on at least three (3) days' prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with financial statement or tax audits. For a period of five (5) years after After the Closing Date, Seller shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three (3) days' prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Advanced Nutraceuticals Inc/Tx)

Retention of and Access to Records. After the Closing Date, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices (but for no of not less than five yearssix (6) years those Records of Seller delivered to Buyer. Buyer also shall provide Seller and its Representatives reasonable access thereto, during normal business hours and on at least three (3) days’ prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with tax audits. For a period of five (5) years after After the Closing Date, Seller shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three days’ prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Chart Industries Inc)

Retention of and Access to Records. After the Closing Date, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices (but for no not less than five yearsseven (7) those years Records of Seller Sellers delivered to Buyer. Buyer also shall provide Seller and its Representatives Sellers reasonable access thereto, during normal business hours and on at least three days’ prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with tax audits. For a period of five (5) years after After the Closing Date, Seller Sellers shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three days’ prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Strategic Alliance Agreement (Hooper Holmes Inc)

Retention of and Access to Records. After the Closing Date, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices (but for of no less than five yearsseven (7) years those Records records of Seller delivered to Buyer. Buyer also shall provide Seller and its Representatives the Shareholder and their representatives with reasonable access thereto, during normal business hours and on at least three days' prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with tax audits. For a period of five (5) years after After the Closing Date, Seller shall provide Buyer and its Representatives representatives reasonable access to Records records that are related to any of the Excluded Assets, during normal business hours and on at least three days' prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: 2 Asset Purchase Agreement (Electric Fuel Corp)

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Retention of and Access to Records. After the Closing Date, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices of six (but 6) years from the Closing Date, or for no less than five years) such longer period as is required by any Governmental Body those Records of Seller delivered to Buyer. Buyer also shall provide Seller and its Representatives reasonable access thereto, during normal business hours and on at least three days’ prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with tax audits. For a period of five (5) years after After the Closing Date, Seller shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three days’ prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Caraustar Industries Inc)

Retention of and Access to Records. After the Closing DateClosing, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices (but for practices, and in no event less than five yearsthirty-six (36) months, those Records of Seller delivered to Buyer. Buyer also shall provide Seller and its Representatives reasonable access theretoaccess, without cost, to such Records and personnel of Buyer, during normal business hours and on at least three (3) days’ prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with tax audits. For a period of five (5) years after After the Closing DateClosing, Seller shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three (3) days’ prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ceco Environmental Corp)

Retention of and Access to Records. After the Closing DateClosing, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices practices, but at least for five (but for no less than five 5) years) , those Records of Seller delivered to Buyer. Buyer also shall provide Seller and its such parties’ Representatives reasonable access thereto, during normal business hours and on at least three no more than two (2) days’ prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with tax auditsaudits or for any other reasonable purpose. For a period of five (5) years after After the Closing DateClosing, Seller shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three 3 days’ prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ceco Environmental Corp)

Retention of and Access to Records. After the Closing Date, Buyer shall retain for a period consistent with Buyer’s record-retention policies and practices (but for in no event less than five seven (7) years) those Records of Seller delivered to Buyer. Buyer also shall provide Seller and its Shareholder and their Representatives reasonable access thereto, during normal business hours and on at least three days’ prior written notice, to enable them to prepare financial statements, statements or tax returns, returns or deal with tax audits. For a period of five (5) years after After the Closing Date, Seller shall provide Buyer and its Representatives reasonable access to Records that are related to any of the Excluded Assets, during normal business hours and on at least three days’ prior written notice, for any reasonable business purpose specified by Buyer in such notice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intricon Corp)

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