Common use of Access and Right to Use Clause in Contracts

Access and Right to Use. Purchaser shall, upon reasonable advance notice, afford to Sellers’ officers, independent public accountants, attorneys, consultants and other representatives, reasonable access during normal business hours to the Purchased Assets and all records pertaining to the Purchased Assets on a royalty-free basis solely for the purpose of enabling the Sellers to conduct an orderly wind-down of the Sellers’ operations until such time as the wind-down is completed on or before the one-year anniversary of this Agreement. Sellers expressly acknowledge that nothing in this Section is intended to give rise to any contingency to Sellers’ obligations to proceed with the transactions contemplated herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Orchard Supply Hardware Stores Corp)

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Access and Right to Use. Purchaser shall, upon reasonable advance notice, afford to Sellers’ officers, independent public accountants, attorneys, consultants and other representatives, reasonable access during normal business hours to the Purchased Assets and all records pertaining to the Purchased Assets on a royalty-free basis solely for the purpose of enabling the Sellers to conduct an orderly wind-down of the Sellers’ operations until such time as the wind-down is completed on or before for a time period not to exceed three (3) months after the one-year anniversary of this AgreementAgreement Date. Sellers expressly acknowledge that nothing in this Section is intended to give rise to any contingency to Sellers’ obligations to proceed with the transactions contemplated herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Green Plains Inc.)

Access and Right to Use. Purchaser shall, upon reasonable advance notice, afford to Sellers’ officers, independent public accountants, attorneys, consultants and other representatives, reasonable access during normal business hours to the Purchased Assets and all records pertaining to the Purchased Assets on a royalty-free basis solely for the purpose of enabling the Sellers to conduct an orderly wind-down of the Sellers’ operations until such time as the wind-down is completed on or before for a time period not to exceed nine (9) months after the one-year anniversary of this AgreementClosing Date. Sellers expressly acknowledge that nothing in this Section is intended to give rise to any contingency to Sellers’ obligations to proceed with the transactions contemplated herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Green Plains Inc.)

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Access and Right to Use. After the Closing, Purchaser shall, upon reasonable advance notice, afford to Sellers’ officers, independent public accountants, attorneys, consultants and other representativesRepresentatives, reasonable access during normal business hours to the Purchased Assets and all books and records pertaining to the Purchased Assets on a royaltycost-free basis solely for the purpose of enabling the Sellers to conduct an orderly wind-down of the Sellers’ operations until such time as the wind-down is completed on or before the one-year anniversary of this Agreement. Sellers expressly acknowledge that nothing in this Section 13.11 is intended to give rise to any contingency to Sellers’ obligations to proceed with the transactions Transactions contemplated herein.

Appears in 1 contract

Samples: Asset Purchase Agreement

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