Common use of Access to Information Clause in Contracts

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 9 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Coca Cola Bottling Co Consolidated /De/), Asset Purchase Agreement (Coca Cola Bottling Co Consolidated /De/)

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Access to Information. The Company shall (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives its Subsidiaries to, (i) afford to directors, officers, employees, counsel, investment bankers, accountants and other authorized representatives (“Representatives”) of Parent reasonable access, in a manner not unreasonably disruptive to the Representatives operations of the Buyer reasonable accessbusiness of the Company and its Subsidiaries, during normal business hourshours and upon reasonable notice throughout the period prior to the Effective Time, to the offices, properties, books and records of the Business Company and its Subsidiaries and, during such period, shall (iiand shall cause each of its Subsidiaries to) furnish promptly to such Representatives all information concerning the business, properties and personnel of the Company and its Subsidiaries in each case as may reasonably be requested for reasonable purposes related to the Representatives consummation of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingtransactions contemplated by this Agreement; provided, however, that such investigation nothing herein shall not unreasonably interfere with any of require the businesses or operations of the Sellers Company or any of their Affiliates; and providedits Subsidiaries to disclose any information to Parent or Sub if such disclosure would, further, that in the auditors and accountants reasonable judgment of the Sellers Company, be expected to (i) violate applicable Law or the provisions of any agreement to which the Company or any of their Affiliates shall not be obliged its Subsidiaries is a party as of the date of this Agreement (as long as the Company has used commercially reasonable efforts to make any obtain the consent of the other party to the agreement), or (ii) constitute a waiver of the attorney-client, work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors product doctrine or accountants. If so requested other legal privilege held by the SellersCompany or any of its Subsidiaries; provided further, the Buyer however, that nothing herein shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer authorize Parent or its Representatives pursuant to undertake any invasive additional diligence investigation after the date of this Section 5.02(a). Without limiting Agreement, including investigations or sampling at any property owned, operated or leased by the foregoing, prior to the Closing, the Buyer shall not conduct, Company or its Subsidiaries without the prior written consent of the SellersCompany. Without limiting the foregoing, any environmental investigation at any property owned or leased by any Seller in the operation event that the Company does not provide access or information in reliance on the immediately preceding sentence, it shall provide notice to Parent that it is withholding such access or information and shall use its reasonable efforts to communicate, to the extent feasible, the applicable information in a way that would not violate the applicable Law, Contract or obligation or risk waiver of such privilege. The Confidentiality Agreement shall apply with respect to information furnished hereunder by or on behalf of the BusinessCompany, its Subsidiaries and the Company’s Representatives (as defined in no event may any such environmental investigation include any sampling the Confidentiality Agreement). The Company agrees that the Confidentiality Agreement is hereby amended to permit the inclusion of all actual or other intrusive investigation prospective sources of air, surface water, groundwater, soil debt financing (including convertible or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld equity-linked debt) (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any representatives of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer such financing sources) in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer term “Representative” as such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerterm is defined therein.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Microsemi Corp), Agreement and Plan of Merger (PMC Sierra Inc), Agreement and Plan of Merger (Skyworks Solutions, Inc.)

Access to Information. (a) From Seller agrees that, prior to the date Closing, Purchaser shall be entitled, through its officers, employees and representatives (including its legal advisors and accountants), to make such investigation of this Agreement until the Closing Dateproperties, businesses and operations of Seller or Subsidiary in connection with the Purchased Assets, and such examination of the Documentation relating to the Purchased Assets, Subsidiary, the Purchased Shares and the Assumed Liabilities as it reasonably requests and to make extracts and copies of such Documentation. Any such investigation and examination shall be conducted during regular business hours upon reasonable prior noticeadvance notice and under reasonable circumstances and shall be subject to restrictions under applicable Law. Seller shall cause the officers, employees, consultants, agents, accountants, attorneys and other representatives of Seller and Subsidiary to cooperate with Purchaser and Purchaser’s representatives in connection with such investigation and examination, and except as determined in good faith Purchaser and its representatives shall cooperate with Seller, Subsidiary, and their representatives and shall use their Commercially Reasonable Efforts to minimize any disruption to the Business. Notwithstanding anything herein to the contrary, no such investigation or examination shall be appropriate permitted to ensure compliance with any applicable Laws and the extent that it would require Seller or Subsidiary to disclose information subject to any applicable privileges (including the attorney-client privilege) and contractual privilege or conflict with any written confidentiality obligations, the Sellers shall use, and shall cause their Affiliates obligations to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business which Seller or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingSubsidiary is bound; provided, however, that such investigation information subject to attorney-client privilege or confidentiality obligations shall not unreasonably interfere with any of be disclosed to Purchaser in the businesses or operations of the Sellers or any of their Affiliates; and provided, further, event that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided underlying subject matter relates primarily to the Buyer Purchased Assets or its Representatives pursuant relates to Subsidiary. Except as otherwise set forth in this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained hereinAgreement, prior to the Closing, without the prior written consent of the SellersSeller, which may be withheld for any reason, (i) Purchaser shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any of, Seller or its AffiliatesSubsidiary, except for contacts by and (ii) Purchaser shall have no right to perform invasive or subsurface investigations of the Buyer in the ordinary course properties or facilities of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSubsidiary.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Ophthalmic Imaging Systems), Asset Purchase Agreement (Ophthalmic Imaging Systems), Asset Purchase Agreement (Ophthalmic Imaging Systems)

Access to Information. (a) From the date of this Agreement hereof until the Closing Date, to the extent ETE has the right under the Sigma Merger Agreement, upon the request from ETP, ETE will: (a) give ETP and its counsel, financial advisors, auditors and other authorized representatives (collectively, “Representatives”) reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, access to the offices, properties, books and records of the Business Citrus Parties and to the books and records relating to the Citrus Parties and permit ETP to make copies thereof, in each case (i) during normal business hours and (ii) solely to the extent that ETE either (1) has access to such offices, properties, books and records and has the right, to provide access to such offices, properties, books and records to such Persons or (2) has the right to require Southern Union to provide such access to such Persons; and (b) furnish to ETP and its Representatives such financial operating data and other information relating to the Representatives of Citrus Parties as such Persons may reasonably request, solely to the Buyer extent that ETE either (i) possesses such additional financial and operating data and other information regarding and has the Business or the Transferred Assets as the Buyer may from time right, to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that furnish such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; financial and provided, further, that the auditors operating data and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating other information to such access Persons or (ii) has the right, pursuant to work papers in form the Citrus Capital Stock Agreement, to require the Citrus Parties to furnish such financial and substance reasonably acceptable operating data and other information to such auditors or accountantsPersons. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives Any investigation pursuant to this Section 5.02(a)5.3 shall be conducted in such manner as not to interfere with the conduct of the business of the Citrus Parties. Without limiting Notwithstanding the foregoing, prior to the Closing, the Buyer ETP shall not conductbe entitled to perform any intrusive or subsurface investigation or other sampling of, on or under any of the properties of the Citrus Parties without the prior written consent of ETE. Notwithstanding the Sellersforegoing provisions of this Section 5.3, ETE shall not be required to, or to cause the Citrus Parties to, grant access or furnish information to ETP or any environmental investigation at of its Representatives to the extent that such information is subject to an attorney/client or attorney work product privilege or that such access or the furnishing of such information is prohibited by Law or an existing Contract. To the extent practicable, ETE shall make reasonable and appropriate substitute disclosure arrangements under circumstances in which the restrictions of the preceding sentence apply. To the fullest extent permitted by Law, ETE and its Representatives and Affiliates shall (1) not be responsible or liable to ETP for personal injuries sustained by ETP’s Representatives in connection with the access provided pursuant to this Section 5.3 and (2) shall be indemnified and held harmless by ETP for any property owned or leased losses suffered by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or Persons in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall personal injuries; provided such personal injuries are not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts caused by the Buyer in the ordinary course gross negligence or willful misconduct of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerETE.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Southern Union Co), Agreement and Plan of Merger (Energy Transfer Partners, L.P.), Agreement and Plan of Merger (Energy Transfer Equity, L.P.)

Access to Information. (a) From the date of this Agreement until the Closing DateAfter Closing, upon reasonable prior noticeBuyer will, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall will cause their Affiliates to use, reasonable best efforts to cause each of their respective its Representatives to, (i) at no cost to Buyer or its Representatives, afford to Seller, including its Representatives, on reasonable notice and at reasonable times, reasonable access to all books, records, files and documents related to the Representatives of the Buyer reasonable access, during normal business hoursBusiness in order to permit Seller to prepare and file its Tax Returns and to prepare for and participate in any investigation with respect thereto, to the offices, properties, books prepare for and records of participate in any other investigation and defend any Proceedings relating to or involving Seller or the Business for which Seller may be responsible, to discharge its obligations under this Agreement and the other Related Documents to which it is a party and for other reasonable purposes and will afford Seller reasonable assistance in connection therewith. Buyer will cause such records to be maintained for not less than seven (ii7) furnish years from the Closing Date and will not dispose of such records without first offering in writing to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time deliver them to time reasonably request for the purpose of preparing to operate the Business following the ClosingSeller; provided, however, that in the event that Buyer transfers all or a portion of the Business to any third party during such investigation period, Buyer may transfer to such third party all or a portion of the books, records, files and documents related thereof, provided such third party transferee expressly assumes in writing the obligations of Buyer under this Section 6.2(a). In addition, on and after the Closing Date, at Seller’s request, Buyer shall make available to Seller and its Affiliates and Representatives, on reasonable notice and at reasonable times, those employees of Buyer reasonably requested by Seller in connection with any Proceeding, including to provide testimony, to be deposed, to act as witnesses and to assist counsel; provided, however, that (i) such access to such employees shall not unreasonably interfere with any the normal conduct of the businesses or operations of Buyer and (ii) Seller shall reimburse Buyer for the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers out-of-pocket costs reasonably incurred by Buyer in making such employees available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a)Seller. Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent application of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customersSection 6.1(d), neither the all documents or information furnished by Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any obtained by Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue hereunder shall be subject to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSection 6.1(d).

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Southern Union Co), Purchase and Sale Agreement (Laclede Group Inc)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateEffective Time, upon reasonable prior noticethe Company will, and except as determined in good faith to be appropriate to ensure compliance with will cause the Subsidiaries, and each of its and their respective officers, directors, employees, counsel, advisors and representatives (collectively, the "Company Representatives") to, provide Parent, the Purchaser and any applicable Laws and subject to any applicable privileges person providing financing for the Offer or the Merger (including the attorney-client privilege"Financing Sources") and contractual confidentiality obligationstheir respective officers, employees, counsel, advisors, representatives (collectively, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i"Parent Representatives") afford the Representatives of the Buyer reasonable access, during normal business hourshours and upon reasonable notice, to the officesofficers and employees, properties, offices and other facilities and to the books and records of the Business Company and (ii) the Subsidiaries, as will permit Parent and the Purchaser to make inspections of such as either of them may reasonably require during normal business hours and will cause the Company Representatives and the Company's Subsidiaries to furnish Parent, the Purchaser and the Parent Representatives to the Representatives extent available with such other information with respect to the business, operations and prospects of the Buyer such additional financial Company and operating data the Subsidiaries during normal business hours as Parent and other information regarding the Business or the Transferred Assets as the Buyer Purchaser may from time to time reasonably request request. Unless otherwise required by law, Parent and the Purchaser will, and will cause the Parent Representatives to, hold any such information in confidence until such time as such information otherwise becomes publicly available through no wrongful act of Parent, the Purchaser or the Parent Representatives. The Company agrees to make reasonably available its executive officers for presentations to any Financing Sources. In the purpose event of preparing termination of this Agreement for any reason, Parent and the Purchaser will, and will cause the Parent Representatives to, return to operate the Business following Company all copies of written information furnished by the Closing; provided, however, that such investigation shall not unreasonably interfere with Company or any of the businesses Company Representatives to Parent or operations of the Sellers Purchaser or the Parent Representatives and destroy all memoranda, notes and other writings prepared by Parent, the Purchaser or the Parent Representatives based upon or including the information furnished by the Company or any of their Affiliates; the Company Representatives to Parent or the Purchaser or the Parent Representatives (and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided Parent will certify to the Buyer or its Representatives pursuant to this Section 5.02(aCompany that such destruction has occurred). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (JPF Acquisition Corp), Agreement and Plan of Merger (Jevic Transportation Inc), Agreement and Plan of Merger (Jevic Transportation Inc)

Access to Information. (a) From Subject to the date of this Confidentiality Agreement until the Closing Dateand applicable Laws, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges AT Plastics shall (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives its Subsidiaries to, (i) afford the Representatives officers, employees, counsel, accountants and other authorized representatives and advisors ("Representatives") of the Buyer reasonable Acetex access, during normal business hourshours from the date hereof and until the earlier of the Effective Date or the termination of this Agreement, to the offices, its properties, books books, contracts and records as well as to its management personnel, and, during such period, AT Plastics shall (and shall cause each of its Subsidiaries to) furnish promptly to Acetex all information concerning its business, properties and personnel as Acetex may reasonably request. Subject to the Confidentiality Agreement and applicable Laws, upon reasonable notice, Acetex shall (and shall cause each of its Subsidiaries to) provide the same access to AT Plastics and its Representatives on the same terms and conditions. Nothing in the foregoing shall require Acetex or AT Plastics to disclose information subject to a written confidentiality agreement with third parties or competitively sensitive information relating to areas or projects where Acetex and AT Plastics are competitors. For greater certainty, until the earlier of the Business Effective Date and the termination of this Agreement, access to and exchange of competitively sensitive confidential information (ii"Confidential Data") furnish as between the Parties shall be limited to that which is reasonably necessary for the purposes of securing all necessary regulatory approvals, the preparation and settlement of definitive documents and the advancement of the Amalgamation as contemplated herein and shall be further limited such that the dissemination of such Confidential Data shall be confined to those representatives of the Parties and their advisors who have a need to know such information for these purposes and who agree to respect such confidentiality in their dealings with such Confidential Data. In particular, with reference to access to and the sharing of Confidential Data of one Party with representatives of the other Party for the purposes of preparing any filings or submissions under the Competition Act in respect of the Amalgamation, the general principle which shall be applied is that such information shall be made available to, exchanged or shared with counsel to the Representatives of Parties rather than the Buyer such additional financial and operating data and other information regarding the Business Parties or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerrepresentatives.

Appears in 3 contracts

Samples: Combination Agreement (Acetex Corp), Combination Agreement (Acetex Corp), Combination Agreement (Acetex Corp)

Access to Information. (a) From the date of this Agreement hereof until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useshall, and shall cause their Affiliates to use, reasonable best efforts to cause each Acquired Company and each of their respective Representatives officers, directors, employees, representatives, attorneys, auditors and authorized agents to, (i) afford the Representatives officers, directors, employees, authorized agents, auditors, attorneys and representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, other facilities, books and records of the Business Acquired Companies and to those officers, directors, employees, representatives, counsel, auditors and agents of the Acquired Companies who have material knowledge pertaining to the Properties or the Acquired Companies including, without limitation, access to enter upon and investigate the Properties or the Acquired Companies, and (ii) furnish to the Representatives officers, directors, employees and authorized agents, auditors, attorneys and representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets Acquired Companies as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that (A) such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and providedAcquired Companies, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, (B) the Buyer shall enter into a customary joint defense agreement not, prior to the Closing Date, have any contact whatsoever with respect to the Acquired Companies or with respect to the transactions contemplated by this Agreement with any partner, lender, ground lessor, vendor or supplier of the Acquired Companies, except in consultation with the Sellers and such of their Affiliates as they request then only with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, express prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent approval of the Sellers, which approval shall not be unreasonably withheld or delayed, and (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts C) all requests by the Buyer in for access or information pursuant to this Section 4.3(a) shall be submitted or directed exclusively to an individual or individuals to be designated by the ordinary course Sellers. The Buyer shall not be permitted to conduct any invasive tests on any Property without the Sellers' and the applicable Acquired Company's prior written consent, which consent shall not be unreasonably withheld or delayed. The Buyer agrees to indemnify the Sellers from and against any and all Losses (as hereinafter defined) suffered by the Sellers as a result of business consistent with past practices; provided that if a Seller does provide any actions taken by the Buyer such prior consent, with respect to the Buyer investigations and inspections contemplated hereby (excluding any Losses associated with any pre-existing Environmental Conditions discovered or identified as a result of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any exercise of its Representatives that they may no longer contact such employee, supplier or customerBuyer's rights under Section 4.12 below).

Appears in 3 contracts

Samples: Stock Purchase Agreement (Club Corp International), Stock Purchase Agreement (Club Corp International), Stock Purchase Agreement (Meditrust Corp)

Access to Information. (a) From the date of this Agreement until the Closing Date (and, with respect to the Acquired Stores to be transferred at each Subsequent Closing, each Subsequent Closing Date and the Distribution Center to be transferred at the Distribution Center Closing Date, the Distribution Center Closing), upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their its Affiliates and Representatives to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and Acquired Stores; (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets Acquired Stores as the Buyer may from time to time reasonably request request; and (iii) make available to the Representatives of Buyer and its Affiliates those employees of Seller and its Affiliates whose assistance, expertise, testimony, notes and recollections or presence may be necessary to assist Buyer, its Affiliates or its or their respective Representatives in connection with its inquiries, including the presence of such persons as witnesses in hearings or trials for the purpose of preparing to operate the Business following the Closing; such purposes provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers Seller or any of their its Affiliates; and provided, further, that the auditors and accountants of the Sellers Seller or any of their its Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ unless and accountants’ normal disclosure procedures and then only after until such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the SellersSeller, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request Seller with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Rite Aid Corp), Asset Purchase Agreement (Freds Inc), Asset Purchase Agreement (Walgreens Boots Alliance, Inc.)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateClosing, Sellers will provide Purchaser and its authorized Advisors with reasonable access and upon reasonable prior notice, advance notice and except during regular business hours (so long as determined consistent with applicable Law and in good faith to be appropriate to ensure compliance accordance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilegereasonable procedures established by Sellers) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, propertiesfacilities, books and records (excluding any personnel files) of the Business Sellers, in order for Purchaser and (ii) furnish its authorized Advisors to the Representatives of the Buyer access such additional financial and operating data and other information regarding the Business or Acquired Assets and Assumed Liabilities (which shall include the Transferred Assets Acquired Real Property, for certainty) as is reasonably necessary in order to consummate the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingTransactions; provided, however, provided that (i) such investigation shall access does not unreasonably interfere with any of the businesses or normal operations of the Sellers or any of their Affiliates; and providedSubsidiaries, further, that (ii) such access will occur in such a manner as Sellers reasonably determines to be appropriate to protect the auditors and accountants confidentiality of the Transactions and such books and records, (iii) all requests for access will be directed Seller Broker or such other Person(s) as Sellers may designate in writing from time to time, (iv) nothing herein will require Sellers or any of their Affiliates shall not be obliged Subsidiaries to make provide access to, or to disclose any work papers available to information to, Purchaser or any other Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to if such access or disclosure (A) would reasonably cause competitive harm to work papers in form and substance reasonably acceptable to such auditors Sellers or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such any of their Affiliates as they request with respect Subsidiaries if the Transactions are not consummated, (B) would waive any legal privilege or (C) would be in violation of applicable Laws (including the HSR Act and Antitrust Laws) or the provisions of any Contract to which Sellers is bound or would violate any information to be provided to the Buyer fiduciary duty and (v) nothing herein will permit Purchaser or its Representatives pursuant authorized Advisors to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent conduct any sampling or testing of the Sellers, environmental media or any environmental other invasive investigation or assessment at any property owned or leased by any Seller in facility (including the operation Acquired Real Property) of Sellers, including of the Business, and in no event may any such type commonly known as a Phase II environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customersite assessment.

Appears in 3 contracts

Samples: Asset Purchase Agreement (XPO, Inc.), Asset Purchase Agreement (Yellow Corp), Asset Purchase Agreement (Saia Inc)

Access to Information. (a) From Between the date of this Agreement until and the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useshall, and shall cause their Affiliates (to usethe extent reasonably required) to, upon reasonable best efforts to cause each of request by the Buyer, provide the Buyer, the Buyer’s lenders and their respective Representatives toemployees, counsel, accountants and other representatives and advisors (icollectively, the “Representatives”) afford the Representatives of the Buyer reasonable full access, during normal business hourshours on reasonable notice (and at such other times as Buyer reasonably requests) and under reasonable circumstances, to the officesany and all premises, properties, Contracts, commitments, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding exclusively of or relating exclusively to the Business Stock or the Transferred Assets as Companies (the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing“Company Subject Matter”); provided, however, that the Sellers shall use their respective commercially reasonable efforts to provide to the Buyer and its lenders any such investigation information that does not relate exclusively to the Company Subject Matter to the extent such information can be segregated without undue effort from information relating to the Sellers or their Affiliates and that is not otherwise confidential or of a competitive nature; provided, further, that such access may be limited to the location at which the relevant information is normally maintained, shall not unreasonably interfere with any of the businesses or operations of the Sellers Companies or any of their Affiliates; , and provided, further, that shall be limited to the auditors and accountants extent reasonably determined to be required by the applicable law. In furtherance of the foregoing but subject to the limitations of this Section 9.3, the Sellers or any of shall, and shall cause each Company’s Subsidiaries to, permit the Buyer, the Buyer’s lenders and their Affiliates shall not be obliged respective Representatives to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such have reasonable access to work papers in form and substance reasonably acceptable the Real Property to such auditors or accountants. If so requested by perform, at the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the SellersBuyer’s expense, any environmental investigation at any property owned or leased by any Seller in testing that the operation Buyer reasonably deems appropriate, including, without limitation, a Phase I environmental site assessment of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such propertiesproperty pursuant to ASTM Standard E 1527-05. Notwithstanding anything Prior to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers)Closing Date, neither the Buyer nor any of its Representatives shall contact or make inquiries to any employees of, suppliers to, or customers governmental agencies (other than as contemplated by Articles VII and VIII hereof) in connection with the transactions contemplated by this Agreement without the prior written consent of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSeller.

Appears in 3 contracts

Samples: Purchase Agreement (Peak Resorts Inc), Purchase Agreement (Peak Resorts Inc), Purchase Agreement (American Skiing Co /Me)

Access to Information. (a) From Prior to the date of this Agreement until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives its Subsidiaries to, (i) afford the Representatives of the Buyer give Purchaser and its Representatives, upon reasonable access, advance notice and during normal regular business hours, reasonable access to the officesbooks, propertiesrecords, books personnel, officers and records facilities of the Business (except that Purchaser shall not conduct any environmental sampling or analysis (including the sort customarily referred to as a Phase II Environmental Assessment) without the advance written consent of Seller, and (ii) furnish without executing a customary access and indemnity agreement in respect thereto); provided, however, that any such access shall be conducted in a manner that complies with Section 6.03 and at Purchaser’s expense, at a reasonable time, under the reasonable supervision of Seller’s personnel and in such a manner as to maintain confidentiality and not to interfere with the normal operations of the businesses of Seller and its Subsidiaries. Notwithstanding anything contained in this or any other agreement between Purchaser and Seller executed on or prior to the date hereof, neither Seller nor any of its Subsidiaries shall have any obligation to make available to Purchaser or its Representatives, or provide Purchaser or its Representatives with, (a) any consolidated, combined or unitary Tax Return filed by Seller or any of its Affiliates or predecessors, or any related material, except to the Buyer extent that any such additional financial and operating data and other information regarding Tax Return or related material relates solely to the Transferred Entities, the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to (b) any information if making such information available would (i) reasonably be likely to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent result in a waiver of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling attorney-client or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers tolegal privilege, or customers of (ii) contravene any applicable Law, fiduciary duty or binding agreement (including any confidentiality agreement to which Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives Affiliates is a party) (it being understood that they may no longer contact Seller shall cooperate in any reasonable efforts and requests for waivers that would enable otherwise required disclosure to Purchaser to occur without so jeopardizing privilege or contravening such employeeLaw, supplier duty or customeragreement).

Appears in 3 contracts

Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.), Acquisition Agreement (Energizer Holdings, Inc.)

Access to Information. During the Interim Period, the Company and Parent shall each use its commercially reasonable efforts to, (a) From continue to give the date of this Agreement until the Closing Dateother party, upon reasonable prior notice, its legal counsel and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective its other Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, full access to the offices, properties, books properties and records Books and Records of the Business Company (including the Company continuing to provide Parent and its representatives access to the “data rooms” or “virtual data rooms” used in connection with the negotiation of and entering into this Agreement), (iib) furnish to the other party, its legal counsel and its other Representatives such information relating to the business of the Buyer Company and Parent as such Persons may reasonably request including additional financial diligence information requested by Parent which the Company shall input into the “data rooms” or “virtual data rooms” used in connection with the negotiation of and operating data entering into this Agreement and (c) cause its employees, legal counsel, accountants and other information regarding Representatives to cooperate with the other party in its investigation of the Business (in the case of the Company) or the Transferred Assets as business of Parent (in the Buyer may from time to time reasonably request for the purpose case of preparing to operate the Business following the ClosingParent); provided, however, that such no investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers pursuant to this Section 6.3 (or any of their Affiliatesinvestigation made prior to the date hereof) shall affect any representation or warranty given by the Company or Parent; and provided, further, that any investigation pursuant to this Section 6.3 shall be conducted in such manner as not to interfere unreasonably with the auditors and accountants conduct of the Sellers or Business of the Company, provided further that, to the extent the furnishing of any information pursuant to this Section 6.3, if the furnishing of their Affiliates shall not be obliged to make any work papers available to any Person except such information would, in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating the opinion of legal counsel to such access to work papers party, result in the loss of attorney-client privilege or other privilege from such disclosure, in which case the parties will enter into a joint defense arrangement or similar agreement, in a form and substance reasonably acceptable satisfactory to the parties, in order to allow such auditors information to be disclosed without the loss of attorney-client privilege or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request other privilege with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerinformation.

Appears in 3 contracts

Samples: Merger Agreement (Revelstone Capital Acquisition Corp.), Merger Agreement (Revelstone Capital Acquisition Corp.), Merger Agreement (Revelstone Capital Acquisition Corp.)

Access to Information. (a) From the date of this Agreement hereof until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws Effective Time and subject to any applicable privileges (including Applicable Law and the attorney-client privilege) and contractual confidentiality obligationsConfidentiality Agreement, the Sellers Company and Parent shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford upon reasonable advance notice, give to the Representatives of the Buyer other party, its counsel, financial advisors, auditors and other authorized representatives reasonable access, access during normal regular business hours, hours to the offices, properties, books and records of such party (except that neither party shall conduct any environmental sampling or analysis without the Business advance written consent of the other party, which may be withheld in such other party’s sole discretion, and without executing a customary access and indemnity agreement in respect thereto), (ii) furnish to the Representatives of the Buyer other party, its counsel, financial advisors, auditors and other authorized representatives such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer such Persons may from time to time reasonably request for and (iii) instruct its employees, counsel, financial advisors, auditors and other authorized representatives to cooperate with the purpose of preparing to operate the Business following the Closingother party in its investigation; provided, however, that the each party may restrict the foregoing access and the disclosure of information pursuant to this Section 8.06 to the extent that (A) in the reasonable good faith judgment of such investigation shall not unreasonably interfere with party, any Applicable Law requires such party or its Subsidiaries to restrict or prohibit access to any such properties or information, (B) in the reasonable good faith judgment of such party, the businesses information is subject to confidentiality obligations to a Third Party or operations (C) disclosure of any such information or document would result in the Sellers or any loss of their Affiliatesattorney-client privilege; and provided, further, that with respect to clauses (A) through (C) of this Section 8.06, Parent or the auditors and accountants Company, as applicable, shall use its commercially reasonable efforts to (1) obtain the required consent of the Sellers or any of their Affiliates shall not be obliged such Third Party to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to provide such access or disclosure, (2) develop an alternative to work papers in form and substance providing such information so as to address such matters that is reasonably acceptable to such auditors or accountants. If so requested by Parent and the SellersCompany and (3) in the case of clauses (A) and (C), the Buyer shall enter into a customary joint defense agreement with or implement such other techniques if the Sellers and parties determine that doing so would reasonably permit the disclosure of such of their Affiliates as they request with respect to any information to be provided to the Buyer without violating Applicable Law or its Representatives jeopardizing such privilege. Any investigation pursuant to this Section 5.02(a). Without limiting shall be conducted in such manner as not to interfere unreasonably with the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent conduct of the Sellers, business of the other party. No information or knowledge obtained in any environmental investigation at pursuant to this Section shall affect or be deemed to modify any property owned representation or leased warranty made by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerparty hereunder.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Time Warner Cable Inc.), Agreement and Plan of Merger (Comcast Corp)

Access to Information. (a) From a)From the date of this Agreement until the Closing DateTransition Period (or until earlier termination of this Agreement), upon reasonable prior notice, and except as determined in good faith by Seller to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers Seller shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business that will be Transferred Records and Transferred Regulatory Documentation and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding related to the Business Business, in each case to the extent readily available to Seller, and prepared or gathered in the Transferred Assets ordinary course of business, as the Buyer may from time to time reasonably request for the purpose purposes ​ ​ of preparing to operate the Business following the ClosingTransition Period; provided, however, that the provision of such investigation access and such data and information shall not (y) unreasonably interfere with any of the businesses businesses, personnel or operations of the Sellers Seller, or any of their Affiliates; and provided, further, (z) that the auditors Auditors and accountants of the Sellers Seller or any of their Affiliates its Affiliates, as applicable, shall not be obliged to make any work papers available to any Person except in accordance with such auditorsAuditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors Auditors or accountants. If so requested by From the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such date of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to Agreement until the Closing, except for the Buyer shall not conduct, without parties listed in Section 7.2 of the Seller Schedules or such other parties for whom Seller provides prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything (not to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers withheld, conditioned or customersdelayed), neither the Buyer Buyer, its Affiliates nor any of its their respective Representatives shall contact any employees of, suppliers to, or customers of of, Seller in connection with or with respect to this Agreement, any Seller other Transaction Agreement or its Affiliatesthe transactions contemplated hereby and thereby, except for contacts by the Buyer or (other than in the ordinary course of business consistent with past practices; provided that if a Seller does provide practice) to otherwise discuss the Buyer such prior consent, the Buyer and business or operations of any of the Business; provided, further, however, that neither Buyer, its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or Affiliates nor any of their respective Representatives shall have any contact or discussion with any party (including those parties listed on Section 7.2 of the Seller Schedules or such other party for whom Seller has otherwise provided prior written consent) during the referenced period, without first consulting Seller and its Affiliates, and the applicable Representatives that they may no longer of Seller and its Affiliates shall be copied on all written correspondence and present for all oral communications and meetings; provided, further, that, with respect to the parties listed on Section 7.2 of the Seller Schedules, any contact or discussion shall be limited to the topics set forth on such employee, supplier or customerSchedule.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Journey Medical Corp), Asset Purchase Agreement (Journey Medical Corp), Asset Purchase Agreement (Fortress Biotech, Inc.)

Access to Information. (a) From the date Closing Date until six (6) months after the termination of this Agreement until in accordance with Section 6.1, each of the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsIssuer, the Sellers shall useTransferor and the Servicer, as applicable, will, at any time and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request during regular business hours, on at least five (5) Business Days (or if an Early Redemption Event has occurred, one Business Day) notice to the Issuer, the Transferor or the Servicer, as the case may be, permit the Agent on behalf of the Investors, or their agents or representatives (i) to examine all books, records and documents (including computer tapes and disks) in the possession or under the control of the Issuer, the Transferor or the Servicer, as the case may be, relating to the Receivables (other than names of account holders and Proprietary Information, including strategic plans for the Servicer’s credit card business), including the forms of Credit Card Agreements under which such Receivables arise, (ii) to engage a third-party to perform a loan to file review of the Receivables and (iii) to visit the offices and properties of the Issuer, the Transferor or the Servicer, as applicable, for the purpose of preparing examining such materials described in clause (i) above and observing and discussing collection practices and business and financial prospects generally. Unless an Early Redemption Event has occurred, the Agent and the Investors shall be limited to operate one visit per year, which visit shall be at the Business following Issuer’s, the ClosingTransferor’s or the Servicer’s, as applicable, reasonable cost and expense (and otherwise at the expense of the Investors), in no event to exceed Twenty-Five Thousand and No/100 Dollar ($25,000.00) per annum in the aggregate when combined with any reimbursement amounts due and payable by the Transferor pursuant to Section 2.3(c), unless a first examination indicates material deficiencies and an additional visit is required, in the sole discretion of the Agent; provided, however, that such investigation any visits following the termination of this Agreement shall not unreasonably interfere with any be at the expense of the businesses or operations Agent. In addition, each of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the SellersIssuer, the Buyer shall enter into a customary joint defense agreement Transferor and the Servicer, as applicable, will, instruct its independent accountants and financial advisors to cooperate with the Sellers Agent and such of its agents and representatives in their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives investigation pursuant to this Section 5.02(a4.2(d). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts Any information obtained by the Buyer Agent and the Investors pursuant to this Section 4.2(d) shall be held in confidence by the ordinary course Agent and the Investors in accordance with the provisions of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSection 6.9 hereof.

Appears in 2 contracts

Samples: Purchase Agreement (Atlanticus Holdings Corp), Purchase Agreement (Atlanticus Holdings Corp)

Access to Information. (a) From After the date Closing, Purchaser shall provide to the officers, employees, agents and representatives of this Agreement until the Closing Date, upon any Seller Indemnitees reasonable prior notice, and except as determined in good faith access to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, Books and Records with respect to the officesHotel, properties, books and records of the Business and (ii) furnish the Property, and (iii) the employees at the Hotel, for any purpose deemed reasonably necessary or advisable by Seller, including, without limitation, to the Representatives of the Buyer such additional financial prepare any documents required to be filed by any Starwood Entity under Applicable Law or to investigate, evaluate and operating data and defend any claim, charge, audit, litigation or other information regarding the Business proceeding made by any Person or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closinginsurance company involving any Starwood Entity; provided, however, that (A) such investigation Seller Indemnitees shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliatesprovide reasonable prior notice to Purchaser; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates (B) Purchaser shall not be obliged required to make any work papers available provide such access during non business hours; (C) Purchaser shall have the right to any Person except accompany the officer, employees, agents or representatives of such Seller Indemnitees in providing access to the Books and Records, the Property or the employees of Purchaser (or Purchaser’s manager) as provided in this Section 8.8; and (D) Seller shall defend, indemnify and hold harmless the Purchaser Indemnitees in accordance with such auditors’ ARTICLE XV from and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors against any Indemnification Loss incurred by any Purchaser Indemnitees arising from any examinations, tests, investigations or accountants. If so requested studies of the Property conducted by the SellersSeller Indemnitees, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer its employees, agents or its Representatives representatives pursuant to this Section 5.02(a)8.8. Without limiting the foregoingPurchaser, prior at its cost and expense, shall retain all Books and Records with respect to the Closing, the Buyer shall not conduct, without the prior written consent Hotel for a period of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to five (5) years after the Closing, without . This Section 8.8 shall survive the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerClosing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Chesapeake Lodging Trust), Purchase and Sale Agreement (Chesapeake Lodging Trust)

Access to Information. (a) From After Closing, Purchaser shall provide to the date officers, employees, agents and representatives of this Agreement until the Closing Date, upon Seller Indemnitees reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives access to, : (i) afford the Representatives of the Buyer reasonable access, during normal business hours, Books and Records with respect to the offices, properties, books and records of the Business and Property; (ii) furnish the Property; and (iii) the employees at the Property, for any purpose that is commercially necessary, including, without limitation, to the Representatives prepare any documents required to be filed by Seller, Operating Tenant or any of the Buyer such additional financial their Affiliates under Applicable Law or to investigate, evaluate and operating data and defend any claim, charge, audit, litigation or other information regarding the Business proceeding made by any Person or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose insurance company involving Seller, Operating Tenant or any of preparing to operate the Business following the Closingtheir Affiliates; provided, however, that such investigation (A) Seller Indemnitees shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and providedprovide reasonable prior written notice to Purchaser, further, that the auditors and accountants of the Sellers or any of their Affiliates (B) Purchaser shall not be obliged required to make any work papers available provide such access during non-business hours, (C) Purchaser shall have the right to any Person except accompany the officer, employees, agents or representatives of Seller Indemnitees in providing access to the Books and Records, Property or employees of Purchaser (or Purchaser’s manager) as provided in this Section 8.9, and (D) Seller shall defend, indemnify and hold harmless Purchaser Indemnitees in accordance with such auditors’ ARTICLE XV from and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors against any Indemnification Loss incurred by Purchaser Indemnitees arising from any examinations, tests, investigations or accountants. If so requested studies of the Property conducted by the SellersSeller Indemnitees or Seller’s employees, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer agents or its Representatives representatives pursuant to this Section 5.02(a)8.9. Without limiting Purchaser, at its cost and expense, shall retain all Books and Records with respect to each Property purchased by Purchaser pursuant to this Master Purchase and Sale Agreement for a period of seven (7) years after the foregoingClosing Date. This Section 8.9 shall survive the initial Closing and all subsequent Closings hereunder, prior to as well as the Closing, the Buyer shall not conduct, without the prior written consent termination of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, this Master Purchase and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSale Agreement.

Appears in 2 contracts

Samples: Master Purchase and Sale Agreement (Hersha Hospitality Trust), Master Purchase and Sale Agreement (Hersha Hospitality Trust)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateClosing, upon reasonable prior notice, the Seller shall cause is officers, employees, agents, representatives, accountants and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall usecounsel, and to the extent a Subsidiary is engaged in the operation of the Business, shall cause their Affiliates to usesuch Subsidiary’s officers, reasonable best efforts to cause each of their respective Representatives directors, employees, agents, representatives, accountants and counsel to, : (i) afford the Representatives officers, employees, agents, accountants, counsel, financing sources and representatives of the Buyer Purchaser reasonable access, during normal business hours, under reasonable circumstances and at mutually agreed locations, to the offices, properties, plants, other facilities, books and records of the Business and the Purchased Assets and to those officers, employees, agents, accountants and counsel of the Seller or its Subsidiaries who have knowledge relating to the Business and the Purchased Assets (ii) furnish to the Representatives officers, employees, agents, accountants, counsel, financing sources and representatives of the Buyer Purchaser such additional financial and operating data and other information (to the extent in the possession of the Seller or any Subsidiary) regarding the Business and the Purchased Assets (or the Transferred Assets legible copies thereof) as the Buyer Purchaser may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such propertiesrequest. Notwithstanding anything to the contrary in this Agreement, the Seller shall not be required to provide any such access or disclose any such information to the Purchaser or any such other person if such disclosure would, in the Seller’s discretion (after consultation with outside counsel), (i) jeopardize any attorney-client or other legal privilege or (ii) contravene any applicable Laws. Nothing contained hereinin this Agreement shall be construed to give to the Purchaser, directly or indirectly, any rights to control or direct the operations of the Seller or Subsidiary in respect of the Business prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerClosing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Goodman Networks Inc)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useshall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives the Acquired Companies to, during ordinary business hours and upon reasonable advance written notice (i) afford the give Purchaser and its Representatives of the Buyer reasonable access, during normal business hours, access to the officespersonnel, propertiesassets, facilities and books and records of each of the Business Acquired Companies and (ii) furnish permit Purchaser and its Representatives to the Representatives of the Buyer make such additional financial and operating data and other information regarding the Business or the Transferred Assets reasonable inspections thereof as the Buyer Purchaser may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that (A) any such investigation inspection shall be conducted in such a manner as not unreasonably to materially interfere with any of the businesses or operations of the Sellers Sellers, the applicable Acquired Company or any other member of their Affiliatesthe Seller Group, and (B) neither Sellers nor an Acquired Company shall be required to take any action which would constitute or result in a waiver of its attorney-client privilege or violate any Contract or applicable Law; and provided, further, that if any event set forth in clauses (A) and (B) in the auditors and accountants of foregoing proviso would be reasonably likely to occur, the Sellers or shall collaborate with Purchaser in good faith to make alternative arrangements to allow for such inspection in a manner that does not result in such event. Purchaser shall indemnify and hold harmless Sellers from and against any of Losses incurred by Sellers, their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of its or their Affiliates as they request with respect to any information to be provided Representatives to the Buyer extent resulting from any action of Purchaser or its Representatives pursuant while present on any premises to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such propertieswhich Purchaser is granted access hereunder. Notwithstanding anything in this Section 4.2(a) to the contrary contained hereincontrary, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless Purchaser shall not have access to personnel records if such consent explicitly states otherwise or access could, in the applicable Seller’s good-faith judgment, violate applicable Law, including the Health Insurance Portability and Accountability Act of 1996, and (y) until such Seller informs any inspection relating to environmental matters by or on behalf of Purchaser shall be strictly limited to visual inspections and site visits commonly included in the Buyer scope of “Phase 1” level environmental inspections, and Purchaser shall not have the right to collect any air, soil, surface water or ground water samples or perform any invasive or destructive air sampling on, under, at or from any of its Representatives that they may no longer contact such employee, supplier or customerthe Real Property.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Ohio Power Co), Stock Purchase Agreement (Algonquin Power & Utilities Corp.)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, Republic and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, BB&T will each use reasonable best efforts to cause each keep the other advised of their respective Representatives toall material developments relevant to its business and the businesses of its Subsidiaries, (i) afford the Representatives and to consummation of the Buyer Merger, and each shall provide to the other, upon request, reasonable details of any such development. Upon reasonable notice, Republic shall afford to representatives of BB&T reasonable access, during normal business hourshours during the period prior to the Effective Time, to all of the offices, properties, books books, contracts, commitments and records of Republic and the Business and (ii) furnish Republic Subsidiaries and, during such period, shall make available all information concerning their businesses as may be reasonably requested. No investigation pursuant to this Section 5.7 shall affect or be deemed to modify any representation or warranty made by, or the conditions to the Representatives obligations hereunder of, either party hereto. Each party hereto shall, and shall cause each of its directors, officers, attorneys and advisors to, maintain the confidentiality of all information obtained hereunder which is not otherwise publicly disclosed by the other party, said undertakings with respect to confidentiality to survive any termination of this Agreement pursuant to Section 7.1. Notwithstanding anything herein to the contrary, and except as reasonably necessary to comply with applicable securities laws, any party to this Agreement (and any employee, representative or other agent of any party to this Agreement) may disclose to any and all persons, without limitation of any kind, the U.S. federal income tax treatment and tax structure of the Buyer such additional financial transactions contemplated by this Agreement and operating data all materials of any kind (including opinions and other information regarding the Business tax analyses) that are or the Transferred Assets as the Buyer may from time have been provided to time reasonably request for the purpose of preparing it relating to operate the Business following the Closing; such tax treatment or tax structure, provided, however, that such investigation this sentence shall not unreasonably interfere with permit any disclosure that otherwise is prohibited by this Agreement until the earlier of (a) the date of public announcement of discussions relating to the Merger, (b) the date of public announcement of the businesses or operations Merger and (c) the date of execution of this Agreement. In the event of the Sellers or any termination of their Affiliates; and providedthis Agreement, further, that the auditors and accountants of the Sellers or any of their Affiliates each party shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided return to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or party upon request all confidential information previously furnished in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts transactions contemplated by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerthis Agreement.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Republic Bancshares Inc), Agreement and Plan of Reorganization (Republic Bancshares Inc)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations), the Sellers shall useshall, and shall cause their respective Affiliates and Representatives to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer and its Affiliates reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by affiliated with any Seller in the operation of the BusinessSeller, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such propertiesproperty associated or affiliated in any way with the Transferred Assets or the Business. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior written consent of the Sellers, which shall not may be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers)any reason, neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller GE Entity or its their Affiliates; provided, except for contacts however that Buyer may contact employees of the Business with the written consent of GE (which consent may be provided by the Buyer email) and in the ordinary course of business consistent consultation with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerGE.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Clarcor Inc.)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives the Company to, : (ia) afford Buyer and its Representatives reasonable access to and the right to inspect all of the Real Property, properties, assets, premises, books and records, contracts, agreements and other documents and data and, with Seller’s prior written consent (not to be unreasonably withheld, conditioned or delayed) officers, directors, employees, customers and other business relations, related to the Company; (b) furnish Buyer and its Representatives with such financial, operating and other data and information related to the Company as Buyer or any of its Representatives may reasonably request; and (c) instruct the Representatives of Seller and the Company to cooperate with Buyer reasonable access, during normal business hours, to the offices, properties, books and records in its investigation of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingCompany; provided, however, that any such investigation shall be conducted during normal business hours upon reasonable advance notice to Seller, under the supervision of Seller’s personnel and in such a manner as not unreasonably to materially interfere with any of the businesses or normal operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such Company. All requests by Buyer for access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a)5.02 shall be submitted or directed exclusively to such individuals as Seller may designate in writing from time to time. Without limiting Notwithstanding anything to the foregoingcontrary in this Agreement, prior neither Seller nor the Company shall be required to disclose any information to Buyer if such disclosure would: (x) cause material competitive harm to Seller, the Company, and their respective businesses if the transactions contemplated by this Agreement are not consummated; (y) jeopardize any attorney-client or other legal privilege; or (z) contravene any applicable Law. Prior to the Closing, the Buyer shall not conduct, without the prior written consent of the SellersSeller, any environmental investigation at any property owned not to be unreasonably withheld, conditioned or leased by any Seller in the operation of the Businessdelayed, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which Buyer shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consentof, the Company. Prior to Closing, Buyer and any shall have no right to perform invasive or subsurface investigations of its Representatives may continue to contact such employee, supplier or customer (x) unless such the Real Property without the prior written consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSeller.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Sanomedics, Inc.), Stock Purchase Agreement (POSITIVEID Corp)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon Upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including at the attorney-client privilege) and contractual confidentiality obligationsreasonable request of Parent, the Sellers Company shall use, (and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives its Subsidiaries to, (i) afford to the Representatives of the Buyer Parent, reasonable access, during normal business hourshours during the period prior to the Effective Time, to the officesall its properties (other than for purposes of invasive testing), propertiesbooks, books contracts, records and records Representatives (other than any of the Business and (ii) furnish foregoing to the Representatives extent specifically related to the negotiation and execution of this Agreement or, except as expressly provided in Section 5.4, to any Acquisition Proposal) in anticipation or furtherance of the Buyer consummation of the transactions contemplated hereby (including for integration planning); provided, that neither the Company nor any of its Subsidiaries shall be required to provide access to or to disclose such additional financial and operating data and information where such access or disclosure would (a) violate or materially prejudice the rights of its tenants, operators or customers, jeopardize the attorney-client privilege of the institution in possession or control of such information, result in the disclosure of any valuations of the Company in connection with the transactions contemplated by this Agreement or any other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request strategic alternatives, (b) be for the purpose of preparing disclosure of such information in any litigation or other legal proceeding between the Parties or (c) contravene any Law or binding agreement entered into prior to operate the Business following the Closingdate of this Agreement; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors Company shall, and accountants shall cause its Subsidiaries to, use commercially reasonable efforts to make appropriate substitute disclosure arrangements under circumstances in which the restrictions in clauses (a) or (c) apply (including (x) using commercially reasonable efforts to obtain any required consent from any Third Party and (y) redacting such information (A) to remove references concerning valuation, (B) as necessary to comply with any Contract or Law and (C) as necessary to address reasonable concerns regarding attorney-client or confidentiality or the rights of such tenants, operators or customers) and to provide such information as to the applicable matter as can be conveyed. No such investigation by Parent shall affect the representations and warranties of the Sellers Company. The terms of the Confidentiality Agreement shall apply to any information and access provided pursuant to this Section 5.2. Notwithstanding anything in this Section 5.2 to the contrary, (i) any physical access to the properties, offices, personnel or other information of the Company and its Subsidiaries may be limited to the extent the Company in good faith determines, in light of COVID-19 or any COVID-19 Measures, that such access would reasonably be expected to jeopardize the health and safety of any employee of the Company or its Subsidiaries (provided, that the Company shall, and shall cause its Subsidiaries to, use commercially reasonable efforts to provide such access as can be provided (or otherwise convey such information regarding the applicable matter as can be conveyed) in a manner without jeopardizing the health and safety of such employees or violating such COVID-19 Measures) and (ii) nothing in this Section 5.2 shall be construed to require the Company, any of its Subsidiaries or any of their Affiliates shall Representatives to prepare any financial statements, projections, reports, analyses, appraisals or opinions that are not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerreadily available.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (New Senior Investment Group Inc.), Agreement and Plan of Merger (Ventas, Inc.)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateFirst Closing, upon reasonable prior noticein the case of Smooth Bourbon, and except as determined the Second Closing, in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationscase of Nugget Sparks, the Sellers shall useSeller shall, and shall cause their Affiliates to useeach Company, reasonable best efforts to cause each of their respective Representatives as applicable, to, (ia) afford Buyer and its Representatives, upon reasonable advance notice, reasonable access to and the right to inspect all of the Real Property, properties, assets, premises, books and records, Contracts and other documents and data related to such Company; (b) furnish Buyer and its Representatives with such financial, operating and other data and information related to such Company as Buyer and its Representatives may reasonably request; and (c) instruct the Representatives of the Seller and each such Company to reasonably cooperate with Buyer reasonable access, during normal business hours, to the offices, properties, books and records in its investigation of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingCompany Entities; provided, however, that such investigation nothing in this Agreement shall not unreasonably interfere require Seller or any Company Entity to, and neither Seller nor any Company Entity shall have any obligation to (until the Second Closing), provide Buyer with any information (A) in the Players Club database of the businesses either Company Entity, other than mutually agreed upon aggregated and de-identified information, or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement (B) guest party information relating to such access to work papers in form and substance reasonably acceptable to such auditors group room reservations or accountantssimilar booking arrangements or commitments. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives Any investigation pursuant to this Section 5.02(a). Without limiting 5.02 shall be conducted in such manner as not to interfere unreasonably with the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent conduct of the Sellers, any environmental investigation at any property owned business of Seller or leased by any Seller in the operation of the Businesseither Company, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (all requests by Buyer and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any for information and access hereunder will be coordinated through Seller or its Affiliates, except for contacts Seller’s designee. All information acquired by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employeeunder this Agreement will be subject to the terms and conditions of the Confidentiality Agreement. Buyer agrees to be bound by the Confidentiality Agreement in the same manner as Guarantor with respect to all matters relating to this Agreement, supplier including the disclosure by Seller of any information to Buyer or customerits Representatives of any information regarding Seller, the Company Entities or their respective businesses or assets. From the date hereof until the First Closing, Seller shall cooperate with Buyer at Buyer’s expense to obtain an update to any of the Surveys.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Century Casinos Inc /Co/), Membership Interest Purchase Agreement

Access to Information. (a) From the date of this Agreement until the Closing DateSeller shall afford to Purchaser reasonable access, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, notice during normal business hours, consistent with applicable Law and in accordance with the reasonable procedures established by Seller, during the period prior to the officesClosing, to the properties, books books, Contracts, records and records personnel of the Business Seller and (ii) furnish its Subsidiaries to the Representatives of extent related to the Buyer such additional financial Business, the Purchased Assets and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingTarget Entities; provided, however, that (i) neither Seller nor any of its Affiliates shall be required to violate any obligation of confidentiality to which it or any of its Affiliates may be subject in discharging their obligations pursuant to this Section 5.4(a) (provided that, if and to the extent practicable, Seller shall use reasonable best efforts to otherwise make appropriate alternative disclosure arrangements in a manner that would not reasonably be expected to violate such investigation obligation of confidentiality); (ii) Seller shall make available, or cause its Subsidiaries to make available, Business Service Provider personnel files only after the Closing Date and, with respect to any Business Service Providers, if and when Purchaser provides Seller with notice that the applicable Business Service Providers have provided Purchaser with a release permitting transfer of those files (provided that Seller shall not unreasonably interfere with make, or cause to be made, available medical records, workers compensation records or the results of any drug testing; and that Purchaser shall indemnify and hold Seller and its Affiliates (including the other Seller Entities) and their respective Affiliates harmless from any Liabilities arising out of or relating to the businesses transfer of such personnel files); and (iii) prior to the Closing Date, Purchaser shall not conduct any Phase II Environmental Site Assessment or operations conduct any invasive testing or any sampling of soil, sediment, surface water, ground water or building material at, on, under or within any facility on the Sellers Owned Real Property or the Transferred Leased Property, or any other property of Seller, the other Seller Entities, the Target Entities or any of their respective Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 2 contracts

Samples: Stock and Asset Purchase Agreement (GCP Applied Technologies Inc.), Stock and Asset Purchase Agreement (GCP Applied Technologies Inc.)

Access to Information. (a) From In addition to the date of this Agreement until rights granted by Sections 6.1(b), (c) and (d), between the Effective Date and the Closing Date, Seller will, and will use Commercially Reasonable Efforts to cause NMC to, during ordinary business hours, upon reasonable prior notice, notice and except as determined in good faith subject to be appropriate to ensure compliance with any all applicable NRC rules and regulations and other applicable Laws and subject to any applicable privileges (including approval in advance by the attorney-client privilegeSeller's Agent(s) and contractual confidentiality obligations, the Sellers which approval shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, not be unreasonably withheld or delayed (i) afford give Buyer and Buyer's Representatives reasonable access to all management personnel engaged in the Representatives operation of the Buyer reasonable accessIncluded Assets and all books, during normal business hoursdocuments, to records, plants, offices and other facilities and properties constituting the offices, properties, books and records of the Business and Included Assets; (ii) permit Buyer to make such reasonable inspections thereof as Buyer may reasonably request; (iii) furnish to the Representatives of the Buyer with such additional financial and operating data and other information regarding with respect to the Business or Included Assets and the Transferred Assets Palisades Employees and the Big Rock ISFSI Employees as the Buyer may from time to time reasonably request for request; (iv) furnish Buyer a copy of each report, schedule or other document filed or received by it since the purpose of preparing date hereof with respect to operate the Business following Included Assets with the ClosingNRC, FERC or any other Governmental Authority having jurisdiction over the Included Assets; provided, however, that (A) any such investigation shall be conducted in such a manner as not to interfere unreasonably interfere with any the operation of the businesses or operations of the Sellers or any of their Affiliates; and providedIncluded Assets, further, that the auditors and accountants of the Sellers or any of their Affiliates (B) Seller shall not be obliged required to make take any work papers available action which would constitute a waiver of the attorney-client privilege, and (C) Seller need not supply Buyer with any information that Seller is legally prohibited from supplying. Seller will use its Commercially Reasonable Efforts to any Person except cause NMC to provide Buyer or Buyer's Representatives with access to the Transferred Employee Records that it has, but Seller shall not be required to provide or cause to be provided access to other employee records or medical information unless required by Law or specifically authorized by the affected employee. Notwithstanding anything in accordance with such auditors’ and accountants’ normal disclosure procedures and then this Section 6.2 to the contrary, Seller shall only after such Person has signed a customary agreement relating provide or cause to be provided such access to work papers in form Transferred Employee Records and substance reasonably acceptable personnel and medical records as is permitted by Law or required by legal process or subpoena. In addition, Seller will use Commercially Reasonable Efforts to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect cause NMC to any information to be provided to the provide Buyer or its Buyer's Representatives pursuant with access to this Section 5.02(a)NMC personnel engaged in the supervision, operation, maintenance or otherwise supporting the Included Assets. To the extent not prohibited by applicable Law, Seller shall cause NMC to deliver in a timely manner to Buyer all documents, electronic files and records in a format sufficient (as reasonably determined by Buyer) to facilitate the anticipated Closing. Without limiting the generality of the foregoing, four (4) weeks prior to the Closinganticipated Closing Date, the (A) Seller shall provide, or cause NMC to provide, to Buyer shall not conduct, without the prior written consent a list of the SellersPalisades Employees and Big Rock ISFSI Employees anticipated to become Transferred Employees, any environmental investigation at any property owned or leased by any and (B) Seller in shall cooperate, and shall cause NMC to cooperate, with Buyer to enable Buyer to document the operation transfer of the Business, Transferred Employees according to Buyer's or Buyer's Affiliate's standard practices and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customeremployment prerequisites.

Appears in 2 contracts

Samples: Asset Sale Agreement (CMS Energy Corp), Asset Sale Agreement (CMS Energy Corp)

Access to Information. (a) From the date of this Agreement Execution Date until the Closing Date, and otherwise subject to the limitations, restrictions and exceptions provided in Sections 2.08(c) hereof, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers Seller shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the make available to Buyer reasonable access, during normal business hours, access to the offices, properties, books and records of Seller related to the Business Acquired Assets and Assumed Liabilities; (ii) furnish make available to the Representatives of the Buyer such additional financial and operating data and other information regarding relating to the Business or the Transferred Assets as the Buyer may from time to time reasonably request and Seller may have, (iii) to the extent not otherwise available under this Section 6.02, allow Buyer reasonable access to Seller’s senior executive officers for Buyer’s reasonable investigation of the purpose of preparing to operate Business, and (iv) abide by the Business following the Closingterms set forth in Section 2.08 hereof; provided, however, that any such investigation access or furnishing of information shall be conducted during normal business hours upon reasonable notice to Seller, under the supervision of Seller’s personnel or designees in such a manner as to not unreasonably interfere with any the conduct of the businesses Business or the normal operations of the Sellers Seller or any of their Affiliates; its Affiliates and providedat Buyer’s sole cost and expense, further, except that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conductcompensate Seller for any payment made by Seller for the time or reasonable travel, without the prior written consent lodging or meal expenses of the SellersSeller’s executives, any environmental investigation at any property owned employees, agents or leased by any Seller representatives in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such propertiesrelation thereof. Notwithstanding anything to the contrary contained hereinin this Agreement, prior to the Closing, without the prior consent of the Sellers, which Seller shall not be unreasonably withheld required at any time to disclose any information to Buyer (and which must be 1) that is, in writing only for contacts Seller’s sole discretion, confidential, including, without limitation, any information regarding other bids, bidders or analysis or advice with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers torespect thereto, or customers of (2) if such disclosure would (A) in Seller’s sole discretion jeopardize any Seller applicable privilege, including attorney-client privilege or its Affiliateswork-product privilege, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (yB) until such Seller informs the Buyer or contravene any of its Representatives that they may no longer contact such employee, supplier or customerduty imposed by applicable laws.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Golf Trust of America Inc), Asset Purchase Agreement (Gta-Ib, LLC)

Access to Information. (a) From To the extent permitted by Law, between the date of this Agreement until and the Closing Date, Seller will, during ordinary business hours and upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford give Buyer and Buyer’s Representatives reasonable access to the Representatives Purchased Assets and those of its properties, contracts and records used principally in the Buyer reasonable access, during normal business hoursBusiness or principally related to the Purchased Assets, to which Seller has the officesright to grant access without the consent of any other Person (and in the case where consent of another Person is required, properties, books only on such terms and records of the Business and conditions as may be imposed by such other Person); (ii) permit Buyer to make such reasonable inspections thereof (including but not limited to surveys thereof) as Buyer may reasonably request; (iii) furnish to the Representatives of the Buyer with such additional financial and operating data and other information regarding with respect to the Business or the Transferred Assets as the Buyer may from time to time reasonably request; (iv) grant Buyer access to such officers and employees of Seller as Buyer may reasonably request for the purpose of preparing to operate in connection with obtaining information regarding the Business following or the ClosingPurchased Assets, including with respect to any environmental matters, regulatory matters and financial information; (v) furnish Buyer with copies of surveys, legal descriptions of real property and easements, contracts, leases and other documents with respect to the Purchased Assets in Seller’s possession and reasonable control; (vi) furnish Buyer with a copy of each material report, schedule, or other document principally relating to the Business filed by Seller with, or received by Seller from, any Governmental Entity; and (vii) furnish Buyer all information concerning the Business Employees or Covered Individuals as reasonably requested; provided, however, that (A) any such investigation shall not unreasonably interfere with will be conducted, and any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers officers and employees of Seller will be exercised, in form and substance reasonably acceptable such a manner as not to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement interfere unreasonably with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the BusinessBusiness or any other Person, (B) Buyer will indemnify and in no event may hold harmless Seller from and against any such environmental investigation include Losses caused to Seller by any sampling action of Buyer or Buyer’s Representatives while present on any of the Purchased Assets or other intrusive investigation premises to which Buyer is granted access hereunder (including restoring any of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything the Real Property to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.condition substantially equivalent

Appears in 2 contracts

Samples: Asset Purchase Agreement (Black Hills Corp /Sd/), Asset Purchase Agreement (Aquila Inc)

Access to Information. (a) From After the date of this Agreement until the Closing Datehereof, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any existing confidentiality restrictions and to applicable privileges (including law, Seller shall afford to the attorney-client privilege) officers, employees and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each authorized representatives of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, access during normal business hours, upon reasonable advance notice, to the offices, properties, books properties and business and financial records of the Business Companies to the extent Buyer shall reasonably deem necessary or desirable and (ii) shall furnish to the Representatives of the Buyer or its authorized represen tatives such additional financial and operating data and other information regarding concerning the Business or the Transferred Assets Companies as the shall be reasonably requested. Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, agrees that such investigation shall be conducted in a manner that shall not interfere unreasonably interfere with any of the businesses or personnel and operations of the Sellers Companies or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates Seller. All Buyer requests for such access shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating made to such representatives of Seller as Seller shall designate, who shall be solely responsible for coordinating all such requests and all such access to work papers in form hereunder. It is further understood and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellersagreed that neither Buyer nor its representatives shall contact any employees, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoingcustomers, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling suppliers or other intrusive investigation associates or Affiliates of air, surface water, groundwater, soil Seller or anything else at or the Companies in connection with the transactions contemplated hereby, in any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closingmanner whatsoever, without the prior consent authorization of the Sellers, such representatives of Seller as Seller may designate (which authorization shall not be unreasonably withheld (or delayed). If, as of the date hereof or at anytime hereafter up to and which must be in writing only for contacts with suppliers including the Closing Date, Buyer or customers)its officers, neither the Buyer nor employees or authorized representatives discover any of its Representatives shall contact any employees of, suppliers to, or customers breach of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer warranty or any inaccuracy of its Representatives any representation contained in this Agreement, Buyer covenants that they may no longer contact such employee, supplier or customerit will promptly so inform Seller in writing.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Specialty Foods Corp), Stock Purchase Agreement (Specialty Foods Acquisition Corp)

Access to Information. (a) From the date hereof until the earlier of (x) the Closing and (y) any termination of this Agreement until the Closing Datepursuant to Section 7.1, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives toits officers, directors, employees, auditors and agents to (i) afford the Representatives officers, employees and representatives of the Buyer Purchaser reasonable access, during normal business hours, to the offices, plants, warehouses, properties, Contracts, Tax Returns, books and records and employees of the Business Seller, and (ii) furnish to the Representatives officers, employees and representatives of the Buyer Purchaser such additional financial and operating data and other information regarding the Business or the Transferred Assets operations of Seller as the Buyer are then in existence and as Purchaser may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that such investigation investigations shall not (i) unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers Seller or any of their Affiliates shall not be obliged or (ii) include any rights to make perform or conduct any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors Phase II environmental or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer other physically destructive testing or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, investigations without the prior written consent of Seller (which consent Seller shall have the Sellersright to withhold or condition in its sole and absolute discretion). All information provided pursuant to this Section 4.3 shall be governed by the terms of the confidentiality agreement in place between Seller and Purchaser and all discussions by Purchaser or its representatives with any employees of Seller shall be coordinated only through Seller’s senior management and such senior management having the right but not the obligation to participate in or monitor such discussions; provided, however, Purchaser and its representatives shall have the right to meet privately with any environmental investigation at any property owned employees and other independent contractors of Seller without Seller’s senior management or leased by any Seller other representatives participating in such meetings to the extent the substance of such meetings do not involve and will be limited to discussions of and negotiations about such individual’s future employment, professional goals, role in the operation future of the Business and future developments of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 2 contracts

Samples: Asset Purchase Agreement by and Between (Response Genetics Inc), Asset Purchase Agreement by and Between (Cancer Genetics, Inc)

Access to Information. (a) From the date of this Agreement until the Closing DatePending Closing, WCG shall at all reasonable times and upon reasonable prior notice, and except as determined in good faith to be notice during regular business hours make appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each members of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, its management team available for questions related to the officesproperties, propertiesassets, books and records of the Business and (ii) furnish pertaining to the Representatives of Acquired Entities, the Buyer such additional financial and operating data and other information regarding Acquired Interests, the Business or the Transferred Assets as the Buyer may from time to time Projects which shall be reasonably request available for the purpose of preparing to operate the Business following the Closingexamination and review by Purchaser and its Representatives; provided, however, that such investigation Purchaser’s inspections and examinations shall not unreasonably interfere with any of disrupt the businesses or normal operations of WCG, the Sellers Seller Parties, the Acquired Entities or any of their Affiliatesthe Projects, shall be subject to WCG’s and the Acquired Entities’ safety and security procedures and shall be at Purchaser’s sole cost and expense; and provided, further, that the auditors and accountants of the Sellers or neither Purchaser, nor any of their its Affiliates or Representatives, shall not be obliged to make access the Project sites or conduct any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors intrusive environmental site assessment or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request activities with respect to any information to be provided to the Buyer Acquired Entities or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, properties without the prior written consent of WCG (such consent not to be unreasonably withheld, delayed or denied). For the Sellersperiod ninety (90) days subsequent Purchase and Sale Agreement – WCG to Closing, any environmental investigation WCG shall make available during regular business hours, those employees responsible for providing accounting services to the Acquired Entities, and, at any property owned or leased by any Seller Purchaser’s request, facilitate discussions with the Acquired Entities’ independent auditors, in each case for the operation purpose of answering questions related to the properties, assets, Taxes, and books and records of the BusinessAcquired Entities. WCG shall not, and in no event may however, be required to incur any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or costs in connection with any the provision of such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts services by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerAcquired Entities’ independent auditors.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Pattern Energy Group Inc.), Purchase and Sale Agreement

Access to Information. (a) From Between the date Execution Date and the Closing or the earlier termination of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsAgreement, the Sellers shall useshall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives the Company and its Subsidiaries to, (i) afford the Representatives of to the Buyer and its representatives reasonable access, during normal business hours, access to the offices, all of its properties, books books, Contracts and records of the Business and records, (ii) furnish to the Representatives Buyer all information concerning the properties, books, Contracts, records and personnel of the Company and its Subsidiaries as Buyer such additional financial may reasonably request (including the work papers of the Company’s independent accountants upon receipt of any required consent from the Company’s independent accountants), and operating data and other information regarding (iii) instruct the Business or the Transferred Assets as Company’s representatives to cooperate with the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingand its representatives in Buyer’s reasonable investigation; provided, however, that such investigation shall not unreasonably interfere with the Company and/or the relevant Subsidiary may restrict the foregoing access to the extent that, in the Company’s sole discretion, (A) any of Law requires the businesses Company and/or the relevant Subsidiary to restrict or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available prohibit access to any Person except in accordance with such auditors’ and accountants’ normal properties or information, (B) the disclosure procedures and then only after of such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives representatives would violate confidentiality obligations owed to a third party and such confidentiality obligations were in effect prior to the execution and delivery of this Agreement and/or such confidentiality obligations arose prior to Closing, (C) it would cause significant competitive harm to Sellers, the Company, any of its Subsidiaries and their respective businesses if the Contemplated Transactions are not consummated, or (iv) it would jeopardize any attorney-client or other privilege. Any investigation pursuant to this Section 5.02(a)6.02(a) shall be conducted in such manner as not to interfere unreasonably with the conduct of the business of the Company and/or the relevant Subsidiary. Without limiting the foregoing, prior Prior to the Closing, the Buyer shall not conduct, without the prior written consent of the SellersCompany, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which Buyer shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consentof, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer Company or any of its Representatives that they may Subsidiaries, and Buyer shall have no longer contact such employee, supplier right to perform invasive or customersubsurface investigations of the Leased Real Property. The rights to access information as provided in this Section 6.02 shall apply mutatis mutandis to the Company (as the entitled party) in respect of the Buyer.

Appears in 2 contracts

Samples: Share Exchange Agreement (GAN LTD), Share Exchange Agreement (GAN LTD)

Access to Information. (a) From Subject to applicable Law, during the period commencing on the date hereof and ending at the earlier of the Effective Time and the termination of this Agreement until in accordance with Section 7.1, the Closing DateCompany will, and will cause each of its Subsidiaries to, upon reasonable prior noticewritten notice of the Parent, permit the Parent and its Representatives and Financing Sources to have (at the Parent’s expense) reasonable access at all reasonable times, and except in a manner so as determined in good faith not to be appropriate to ensure compliance interfere with any applicable Laws the normal business operations of the Company and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hoursits Subsidiaries, to the officesofficers and senior management, propertiesthe premises, books agents, customers, suppliers, books, records, and records Contracts of the Business and (ii) furnish or pertaining to the Representatives Company and any of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets its Subsidiaries as the Buyer Parent may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingin writing; provided, however, that such investigation shall the Parent will not unreasonably interfere with any have access to (i) individual performance or evaluation records or medical histories, (ii) information that is subject to attorney-client privilege or other privilege, or (iii) information that in the opinion of the businesses or operations Company would result in a breach of a Contract to which the Sellers Company or any of their Affiliatesits Subsidiaries are bound, or (vi) information related to the Company’s sale process; provided, further, that such access will comply with all applicable Laws and all applicable real property leases regarding the premises and shall not include any intrusive testing or environmental sampling of any kind; provided, further, however, that no such access shall affect the representations, warranties, covenants or agreements of the parties (or the remedies with respect thereto) or the conditions to the obligations of the parties under this Agreement; provided, further, that the auditors Parent shall not discuss any proposed employment arrangements or equity investments in the Parent with the officers and accountants senior management of the Sellers or any Company until after the 15th day from the date hereof; provided, further, that if (i) the Board of their Affiliates Directors receives a bona fide written Alternative Proposal within 15 days of the date of this Agreement and (ii) the Person making such Alternative Proposal agrees to be bound by the same obligations by which the Parent is bound under this proviso and the immediately preceding proviso, then the Parent shall not be obliged to make discuss any work papers available to any Person except proposed employment arrangements or equity investments in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement Parent with the Sellers officers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent senior management of the Sellers, any environmental investigation at any property owned or leased by any Seller in Company until the operation earlier of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless the termination or withdrawal of such consent explicitly states otherwise Alternative Proposal or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer31st day from the date hereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Interactive Data Holdings Corp), Agreement and Plan of Merger (Interactive Data Corp/Ma/)

Access to Information. (a) From Subject to Section 5.6 and applicable Law, prior to the earlier of the Closing Date and the date of on which this Agreement until the Closing Dateis terminated pursuant to ARTICLE VII, upon reasonable prior noticewritten notice by Buyer and solely for purposes of the consummation of the transactions contemplated by this Agreement, Seller shall afford Buyer and Buyer’s Representatives reasonable access during normal business hours to the officers, directors, employees, agents, properties, offices and other facilities (including the Rolling Mill Real Property) and the books and records of the Company (including, for the avoidance of doubt, by maintaining Buyer’s and its Representatives’ access to the Project Knight online data room), Seller and the Rolling Mill Affiliates (solely with respect to the Rolling Mill Business), and except shall furnish Buyer, at Buyer’s expense, with such existing financial, operating and other data and information with respect to the Rolling Mill Business, as determined Buyer may reasonably request in good faith writing. In exercising its rights hereunder, Buyer shall conduct itself so as not to unreasonably interfere in the conduct of the Rolling Mill Business prior to Closing. Buyer acknowledges and agrees that any contact by Buyer and its agents and Representatives with officers, employees or agents of the Company hereunder shall be appropriate to ensure compliance arranged and supervised by Seller, unless Seller otherwise expressly consents in writing with any applicable Laws and subject respect to any applicable privileges specific contact. Notwithstanding anything to the contrary set forth in this Agreement, neither Seller nor any of its Affiliates (including the Company) shall be required to disclose to Buyer or any agent or Representative thereof any (i) information if doing so could reasonably be expected to (A) violate any Contract or Law to which Seller or any of its Affiliates (including the Company) is a party or is subject, (B) result in a loss of the ability to successfully assert a claim of privilege (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives towork product privileges), (iC) afford upon a written opinion of counsel, result in the Representatives disclosure of the Buyer reasonable access, during normal business hours, any competitively sensitive information of Seller or of any of its Affiliates unrelated to the offices, properties, books and records of the Rolling Mill Business or that would violate any Law or (D) breach a confidentiality or other obligation to a Third Party and (ii) furnish consolidated, combined, affiliated or unitary Tax Return which includes Seller or any of its Affiliates or any Tax-related work papers, except, in each case, for materials that relate solely to the Representatives of Company, the Buyer such additional financial and operating data and other information regarding the Rolling Mill Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountantsRolling Mill Assets. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting Notwithstanding the foregoing, prior to the Closing, the Buyer shall not conduct, have no right to perform or conduct any environmental sampling or other invasive environmental investigation on or about any portion of the Rolling Mill Real Property (or any other real property) without the prior written consent of the SellersSeller (which consent shall not be unreasonably withheld, any environmental investigation at any property owned conditioned or leased by any Seller in the operation of the Businessdelayed). It is further agreed that, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything subject to the contrary contained hereinSection 5.16(b), prior to the Closing, Buyer shall not (and shall cause its Representatives not to) contact any of the employees, customers, distributors, vendors or suppliers of Seller or its Affiliates (including the Company) in connection with the transactions contemplated by this Agreement, whether in person or by telephone, mail or other means of communication, without the specific prior written consent of the Sellers, Seller (which consent shall not be unreasonably withheld withheld, conditioned or delayed). Prior to the Closing, Buyer shall not (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of shall cause its Representatives not to) use any information obtained pursuant to this Section 5.7 for any purpose unrelated to the transactions contemplated by this Agreement. Promptly following the Closing, Seller shall contact any employees ofdeliver to Buyer a CD, suppliers to, USB flash drive or customers similar electronic media containing the contents of any Seller or its Affiliates, except for contacts by the Buyer in online data room as of the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer date hereof and any of its Representatives may continue additional content uploaded prior to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerClosing.

Appears in 2 contracts

Samples: Purchase Agreement (Alcoa Corp), Purchase Agreement (Kaiser Aluminum Corp)

Access to Information. (a) From and after the date hereof until the earlier of the Closing Date or the termination of this Agreement until the Closing Datein accordance with its terms, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including restrictions contained in the attorney-client privilege) confidentiality agreements to which the Group Companies are subject, Seller shall provide to Buyer and contractual confidentiality obligations, its authorized representatives and the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable accessFinancing Sources, during normal business hours, hours reasonable access to the offices, properties, books and records of the Business and Group Companies (in a manner so as to not interfere with the normal business operations of any Group Company); provided that Seller may withhold any document (or portions thereof) or information (i) that is subject to the terms of a non-disclosure agreement with a third party, provided that Seller shall use its reasonable best efforts to obtain the consent of such third party to permit such disclosure, (ii) furnish that may constitute privileged attorney-client communications or attorney work product and the transfer of which, or the provision of access to which, as reasonably determined by outside counsel, constitutes a waiver of any such privilege or (iii) if the Representatives provision of access to such document (or portion thereof) or information, as reasonably determined by outside counsel, would reasonably be expected to conflict with applicable Laws. In addition, from and after the date hereof until the earlier of the Closing Date or the termination of this Agreement in accordance with its terms, Seller shall promptly provide Buyer such additional and its authorized representatives and the Financing Sources via email or shared data site with true and complete copies of all financial and operating data statements, documents and other information regarding reasonably requested by Buyer and available to Seller to the extent relating to the Group Companies. All of such information shall be treated as confidential information pursuant to the terms of the applicable Confidentiality Agreement, the provisions of which are by this reference hereby incorporated herein. To the extent Seller has not made available to Buyer complete and correct copies of any written Contracts (including any Leases) (as identified in the Schedules as of the date hereof), Seller shall provide to Buyer complete and correct copies of such written Contracts (including any Leases) within twenty (20) calendar days of the date hereof. Nothing herein shall be construed to require Seller to provide access to any underlying data communicated to Buyer’s consultant, Xxxx & Company, Inc., pursuant to the Clean Team Confidentiality Agreement, or any commercially sensitive information exchanged by the parties’ respective legal counsel pursuant to that certain Joint Defense Agreement, dated July 19, 2017, or any personnel information made available to Buyer’s legal counsel pursuant to that certain HR Clean Team Confidentiality Agreement, which limitation of access obligations shall survive termination of this Agreement. Seller shall deliver or cause to be delivered to Buyer as promptly as practical following the date hereof (and in any event not more than three (3) Business Days following the date hereof) five copies of one or more CDs, DVDs or USB flash drives containing copies of all documents (in a readable format) that were uploaded to the Transferred Assets Xxxxxxx data site in connection with the purchase and sale of the Shares as of 5:00 p.m. Eastern Time on the date immediately preceding the date hereof. Seller shall deliver or cause to be delivered to Buyer may from time to time reasonably request for as promptly as practical following the purpose of preparing to operate the Closing (and in any event not more than three (3) Business Day following the Closing; provided) five copies of one or more CDs, howeverDVDs or USB flash drives containing copies of all documents (in a readable format) that were uploaded for review by Xxxx & Company, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or Inc. in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to purchase and sale of the Shares as of the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (Beacon Roofing Supply Inc)

Access to Information. (a) From Between the date of this Agreement until and the Closing DateEffective Time, Seller will, during ordinary business hours and upon reasonable prior notice: (i) give Buyer and the Buyer Representatives reasonable access to all Contracts and other documents, books, records, plants, offices and except other facilities and properties constituting part of the Acquired Assets or Assumed Obligations, including for purposes of conducting “all appropriate inquiries” (as determined defined in good faith §101(b) of CERCLA) with respect to be appropriate any Site, including but not limited to ensure compliance with any Phase I environmental site assessments, but only to the extent to which Buyer is not denied access by applicable Laws or by the actions of third party Persons not under Seller’s control; (ii) permit Buyer, at Buyer’s sole risk and expense, to make such reasonable inspections thereof as Buyer may reasonably request, including taking samples of materials, soil or groundwater at Buyer’s option (through appropriately qualified and insured contractors and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsBuyer’s obligation to provide all appropriate notifications, the Sellers shall useobtain all necessary Governmental Entities’ consents, and shall cause their Affiliates restore any sampled location to use, reasonable best efforts substantially the condition existing prior to cause each of their respective Representatives to, sampling; (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (iiiii) furnish to the Representatives of the Buyer with such additional financial and operating data and other information regarding related to the Transferred Business or the Transferred Acquired Assets in Seller’s possession or reasonably within its control as the Buyer may from time to time reasonably request for to enable Buyer to verify the purpose accuracy of preparing to operate the Business following the Closing; representations and warranties of Seller contained in this Agreement, provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and providedSeller, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing2008 Statement, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall will not be unreasonably withheld (and which must be in writing only for contacts with suppliers required to create special reports or customers), neither the Buyer nor perform any of its Representatives shall contact any employees of, suppliers to, studies not created or customers of any Seller or its Affiliates, except for contacts by the Buyer performed in the ordinary course of business consistent business; and (iv) furnish Buyer a copy of each material report, schedule or other document filed or received by it to the extent related to the Acquired Assets with past practices; provided or from the FERC or the Virginia Commission, provided, however, that (A) any such investigation will be conducted in such manner so as not to unreasonably interfere with the operation of the Transferred Business, (B) Seller will not be required to take any action that would jeopardize the attorney-client privilege and (C) Seller need not supply Buyer with any information that Seller is under a legal or contractual obligation not to supply. Notwithstanding anything in this Section 7.2 to the contrary, Seller will only furnish or provide such access to Transferring Employee Records and personnel and medical records as is allowed by applicable Laws, legal process or subpoena. Buyer may request permission to discuss specific identified matters with the Employees and Seller will allow such discussions if a Seller does provide doing so will not unnecessarily interfere with Seller’s operations and, if such discussions pertain to the Buyer such prior consentterms and conditions of an Employee’s current employment terms and conditions with Seller, the Buyer and any of its Representatives may continue union that represents the Employees also consents to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerdiscussions.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Allegheny Energy, Inc), Asset Purchase Agreement (Allegheny Energy, Inc)

Access to Information. From the date hereof for thirty (30) days, the City shall (a) From afford Buyer and its Representatives reasonable access to and the date right to inspect all of this Agreement until the Closing DatePurchase Assets and other documents and data related to the Telecom System; (b) furnish Buyer and its Representatives with such financial, upon reasonable prior notice, operating and except other data and information related to the Telecom System as determined in good faith to be appropriate to ensure compliance with Buyer or any applicable Laws of its Representatives may reasonably request; and subject to any applicable privileges (including the attorney-client privilegec) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford instruct the Representatives of the City to cooperate with Buyer reasonable access, during normal business hours, to the offices, properties, books and records in its investigation of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingTelecom System; provided, however, that any such investigation shall be conducted during normal Telecom System hours upon reasonable advance notice to the City, under the supervision of City personnel and in such a manner as not unreasonably to interfere with any the conduct of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a)Telecom System. Without limiting the foregoing, the City shall permit Buyer and its Representatives to conduct environmental due diligence of the Real Property Interests. All requests by Buyer for access pursuant to this Section 7.02 shall be submitted or directed exclusively to Xxxxxxx Xxxxxxxxxxx or such other individuals as the City may designate in writing from time to time. Notwithstanding anything to the contrary in this Agreement, the City shall not be required to disclose any information to Buyer if such disclosure would, in the City’s sole discretion: (x) cause significant competitive harm to the City and the Telecom System, if the transactions contemplated by this Agreement are not consummated; (y) jeopardize any attorney-client or other privilege; or (z) contravene any applicable Law, fiduciary duty or binding agreement entered into prior to the date of this Agreement. Prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the SellersCity, which may be withheld for any reason, Buyer shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or of, the Telecom System. Buyer shall, and shall cause its AffiliatesRepresentatives to, except for contacts abide by the Buyer in terms of the ordinary course of business consistent Confidentiality Agreement with past practices; respect to any access or information provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue pursuant to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the this Section 7.02. No investigation by Buyer or other information received by Buyer shall operate as a waiver or otherwise affect any of its Representatives that they may no longer contact such employeerepresentation, supplier warranty or customeragreement given or made by the City or Blue Water in this Agreement.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Access to Information. (a) From the date of this Agreement until and after the Closing Date, upon reasonable prior noticeSt. Xxxx shall afford to the Company and its Post-closing Subsidiaries and their respective authorized accountants, counsel and other designated representatives (collectively, "REPRESENTATIVES") reasonable, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges reasonably prompt, access (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, using commercially reasonable best efforts to cause each of their respective Representatives to, (igive access to Persons possessing information) afford the Representatives of the Buyer reasonable access, during normal business hourshours to all data and information that is specifically described in writing (collectively, "INFORMATION") within the possession of St. Xxxx or any Post-closing Subsidiary of St. Xxxx relating to the offices, properties, books and records Company or any Post-closing Subsidiary of the Business Company, insofar as such Information is reasonably required by the Company or such Post-closing Subsidiary including in connection with its preparation of regulatory reports and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; providedfilings, howeverPROVIDED, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates St. Xxxx shall not be obliged to make any work papers available to any Person except in accordance provide information concerning contracts with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such an inception date of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the ClosingJanuary 1, the Buyer shall not conduct, without the prior written consent 2002 other than: (i) copies of the Sellers, any environmental investigation at any property owned or leased underwriting files for contracts that were underwritten by any Seller St. Xxxx Re in the operation of 1997, 1998, 1999, 2000 and 2001 underwriting years and that are within the Business, and Transferred Lines or the Excluded Classes as set forth in no event may any Schedule 11.01; (ii) aggregate loss data for contracts that are within the Transferred Lines or the Excluded Classes upon the Company's representation that such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or information is required in connection with any such properties. Notwithstanding anything its business; and (iii) St. Xxxx will also provide access to the contrary contained herein, underwriting files (but shall not provide copies thereof) for contracts written by St. Xxxx Re within the Transferred Lines or the Excluded Classes in underwriting years prior to 1997 upon the ClosingCompany's representation that it requires access to such information in connection with its business. For greater certainty, without the prior consent of the Sellers, which St. Xxxx shall not be unreasonably withheld required to share any claims information relating to any individual contract having an inception date that is prior to January 1, 2002. Similarly, from and after the Closing Date, the Company shall afford to St. Xxxx, any Post-closing Subsidiary of St. Xxxx and their respective -39- Representatives reasonable access (and which must be including using commercially reasonable efforts to give access to Persons possessing information) during normal business hours to Information within the Company's or any Post-closing Subsidiary of the Company's possession that is specifically described in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue relating to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer St. Xxxx or any Post-closing Subsidiary of its Representatives that they St. Xxxx, insofar as such Information is reasonably required by St. Xxxx or a Post-closing Subsidiary of St. Xxxx. Information may no longer contact such employeebe requested under this Article XI for, supplier without limitation, audit, accounting, claims, litigation (other than any claims or customerlitigation between the parties hereto or their Subsidiaries) and tax purposes, as well as for purposes of fulfilling disclosure and reporting obligations and for performing this Agreement and the transactions contemplated hereby.

Appears in 2 contracts

Samples: Formation and Separation Agreement (Platinum Underwriters Holdings LTD), Formation and Separation Agreement (Platinum Underwriters Holdings LTD)

Access to Information. (a) From Between the date of this Agreement until and the Closing Date, upon reasonable prior notice, each Seller and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable accessCompany will, during normal business hours, (i) give the Purchaser and its authorized representatives reasonable access to the officesfacilities and Properties and all books, propertiesrecords, books offices and records other facilities and properties of the Business and such Company, (ii) furnish permit Purchaser to make such inspections thereof as Purchaser may reasonably request, including the Representatives performance of sampling and testing of facilities, soils and other substances, (iii) give the Purchaser the opportunity to discuss the business of the Buyer Companies with such additional officers, directors, accountants, consultants and counsel of the Companies as the Purchaser deems reasonably necessary or appropriate for the purpose of familiarizing itself with the Companies and Properties and (iv) cause its employees to furnish Purchaser with such financial and operating data and other information regarding with respect to the Business or the Transferred Assets business and properties of such Company as the Buyer Purchaser may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that any such investigation shall be conducted in such a manner as not to interfere unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Businessbusiness of such Company. Except for the representations and warranties contained in this Agreement, each Seller and in each Company makes no event may warranty or representation of any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything kind as to the contrary books and records or any information contained hereintherein or the completeness thereof. Purchaser agrees that any conclusions drawn from the books and records shall be the result of its own independent review and judgment. From the Closing Date for a period of three (3) years thereafter, Purchaser will provide Sellers with reasonable access during regular business hours to inspect and/or copy all books, records, operating data and other information generated or obtained by the Companies prior to the Closing, without Closing Date and pertaining to the prior consent operation of the SellersCompanies, which shall not as may be unreasonably withheld (and which must be in writing only reasonably necessary for contacts with suppliers the Sellers to conduct or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of tend to their business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customeraffairs.

Appears in 2 contracts

Samples: Purchase Agreement (Concho Resources Inc), Purchase Agreement (Concho Resources Inc)

Access to Information. (a) From After the date of this Agreement until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useBuyer shall, and shall cause their its Affiliates to use, reasonable best efforts to cause each of their respective Representatives (including the Acquired Companies) to, preserve, in accordance with and until such date as may be required by, Buyer’s, or its applicable Affiliates’ standard document retention policies (ibut for not less than six (6) afford years from the Representatives of the Buyer reasonable accessClosing Date or such later date as may be required by applicable Law), during normal business hours, to the offices, properties, all pre-Closing Date books and records of the Business Acquired Companies other than, with respect to HLI, books (or portions thereof), records (or portions thereof), personnel, officers and (ii) furnish other facilities and properties to the Representatives of the Buyer such additional financial extent relating to Unrelated HLI Assets or Unrelated HLI Liabilities and operating data and other information regarding the Business possessed or the Transferred Assets as the controlled by such Person. During such period, upon any reasonable request from Seller or its Representatives, Buyer may from time or any of its Affiliates holding such books and records shall (a) provide to time reasonably request for the purpose of preparing Seller or its authorized Representatives reasonable access to operate the Business following the Closingsuch books and records during normal business hours; provided, however, that such investigation access shall not unreasonably interfere with any the conduct of the businesses business of Buyer or operations of the Sellers or any of their Affiliates; its Affiliates holding such books and provided, further, that the auditors records and accountants of the Sellers or any of their Affiliates shall not be obliged (b) permit Seller to make any work papers available copies of such books and records, in each case, at no cost to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating Seller or its Representatives (other than for reasonable out-of-pocket expenses). Nothing herein shall require Buyer or its Affiliates to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to disclose any information to be Seller if such disclosure would jeopardize any attorney-client privilege, the work product immunity or any other legal privilege or similar doctrine or contravene any applicable Law, Governmental Order or any fiduciary duty (it being understood that Buyer and its Affiliates shall (i) cooperate with any requests for, and use their reasonable best efforts to obtain, any waivers, and (ii) use their reasonable best efforts to make other arrangements (including redacting information or entering into joint defense agreements), in each case, that would enable otherwise required disclosure to Seller or its Representatives to occur without so jeopardizing privilege or contravening such applicable Law, Governmental Order or fiduciary duty or agreement) or (except as provided to the in Section 10.04) require Buyer or its Representatives pursuant Affiliates to disclose its Tax records (except for Tax records of, or with respect to, the Acquired Companies) or any personnel or related records. Such books and records may be requested under this Section 5.02(a)8.01 for any reasonable business purpose, including to the extent reasonably required in connection with accounting, litigation, financial reporting, federal securities disclosure, compliance with contractual obligations of Seller or its Affiliates or other similar purpose. Without limiting Notwithstanding the foregoing, prior upon the expiration of such retention period, any and all such books and records may be destroyed by Buyer if Buyer sends to Seller written notice of its intent to destroy such books and records, specifying in reasonable detail the Closingcontents of the books and records to be destroyed; such books and records may then be destroyed after the sixtieth (60th) day following such notice unless Seller notifies Buyer that Seller desires to obtain possession of such books and records, the in which event Buyer shall not conduct, without transfer the prior written consent books and records to Seller and Seller shall pay all reasonable out-of-pocket expenses of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or Buyer in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customertherewith.

Appears in 2 contracts

Samples: Stock and Asset Purchase Agreement (Hartford Financial Services Group Inc/De), Stock and Asset Purchase Agreement

Access to Information. (a) From Until the date of Closing or until this Agreement until is earlier terminated, Seller shall afford to the Closing Dateofficers, upon reasonable prior noticeemployees, agents and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges authorized representatives of Buyer (including the attorney-client privilegeindependent public accountants, financial advisors and attorneys) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, access during normal business hours, upon reasonable advance written notice, to the offices, propertiesproperties and business, books tax and accounting records (including computer files, retrieval programs and similar documentation) of the Business and other records and documents relating to the Purchased Assets and Assumed Liabilities to the extent Buyer shall reasonably deem necessary in connection with the Transaction (iiincluding with respect to any assessment of the Estimated Closing Statement and the Estimated Closing Working Capital delivered by Seller pursuant to Section 1.5(a)) and shall furnish to the Representatives of the Buyer or its authorized representatives such additional financial information relating to the Purchased Assets and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time shall be reasonably request for the purpose of preparing to operate the Business following the Closingrequested; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates Seller shall not be obliged required to make violate any work papers available obligation of confidentiality to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer which Seller or its Representatives Affiliates are subject or applicable Law in discharging its obligations pursuant to this Section 5.02(a)5.3 and provided, further that Buyer and its authorized representatives shall not conduct environmental sampling or testing of any kind without the written permission of Seller. Without limiting Buyer agrees that such investigation shall be conducted in such a manner as not to unreasonably interfere with the foregoingoperations of Seller and its Affiliates, prior and Buyer and its representatives shall not speak to any of the employees, customers, distributors, or suppliers of Seller and its Affiliates on matters related to the Closing, acquisition of the Buyer shall not conduct, Business without the prior written consent of the SellersGeneral Counsel or Vice President-Business Development of Seller, and any environmental investigation at any property owned or leased by any Seller such permitted communications shall be made in the operation presence of the Business, and in no event may any such environmental a designated representative of Seller. No review or investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the by Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except representatives pursuant to this Section 5.3 shall affect the representations and warranties made by Seller pursuant to this Agreement or the remedies of Buyer for contacts by the Buyer in the ordinary course breaches of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer those representations and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerwarranties.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Federal Mogul Corp), Asset Purchase Agreement (Affinia Group Intermediate Holdings Inc.)

Access to Information. (a) From the date of this Agreement until the applicable Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the applicable Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the applicable Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the applicable Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer. Notwithstanding anything to the contrary in this Section 5.02(a), from and after the Initial Closing, the Sellers will have no further rights or obligations under this Section 5.02(a) with respect to the portion of the Business conducted in the Initial Closing Territory or the Initial Closing Transferred Assets, and from and after each Interim Closing, the Sellers will have no further rights or obligations under this Section 5.02(a) with respect to the portion of the Business conducted in the applicable Interim Closing Territory or the applicable Interim Closing Transferred Assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Coca Cola Bottling Co Consolidated /De/), Asset Purchase Agreement (Coca Cola Bottling Co Consolidated /De/)

Access to Information. (a) From Between the date of this Agreement until and the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including Sellers will cause the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable accessCompanies, during normal business hours, to (i) give Purchaser and its authorized representatives reasonable access to the officesfacilities and Properties and all books, propertiesrecords, books offices and records other facilities and properties of the Business and Companies, (ii) furnish permit Purchaser to make such inspections thereof as Purchaser may reasonably request, including the Representatives performance of sampling and testing of facilities, soils and other substances, (iii) give Purchaser the opportunity to discuss the business of the Buyer Companies with such additional officers, directors, accountants, consultants and counsel of the Companies as Purchaser deems reasonably necessary or appropriate for the purpose of familiarizing itself with the Companies and Properties and (iv) cause its employees to furnish Purchaser with such financial and operating data and other information regarding with respect to the Business or business and properties of the Transferred Assets Companies as the Buyer Purchaser may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that any such investigation shall be conducted in such a manner as not to interfere unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Businessbusiness of the Companies. Except for the representations and warranties contained in this Agreement, and in each Seller makes no event may warranty or representation of any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything kind as to the contrary books and records or any information contained hereintherein or the completeness thereof. Purchaser agrees that any conclusions drawn from the books and records shall be the result of its own independent review and judgment. From the Closing Date for a period of three (3) years thereafter, Purchaser will provide Sellers with reasonable access during regular business hours to inspect and/or copy all books, records, operating data and other information generated or obtained by the Companies prior to the Closing, without Closing Date and pertaining to the prior consent operation of the SellersCompanies, which shall not as may be unreasonably withheld (and which must be in writing only reasonably necessary for contacts with suppliers the Sellers to conduct or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of tend to their business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customeraffairs.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Linn Energy, LLC)

Access to Information. (a) From the date of this Agreement until the earlier of the Closing Dateor the termination of this Agreement in accordance with its terms, upon reasonable prior notice, and except as determined in good faith subject to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsConfidentiality Agreement, the Sellers Company shall use, (and shall cause their the SiC Entities or other Affiliates of the Company solely with respect to usethe SiC Business to) afford to the Investor and its Representatives, to the extent reasonably requested by Investor, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, access during normal business hourshours to (a) the properties, to the officesContracts, propertiescommitments, books and records of the SiC Business and (iib) furnish officers and senior management employees of the SiC Business, in each case, solely to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time extent reasonably request required for the purpose of preparing to operate facilitating the Business following consummation of the ClosingIssuance and the other Transactions; provided, however, that such investigation shall not the Company may restrict the foregoing access to the extent it would (i) unreasonably interfere with any of disrupt the businesses or operations of it, its Affiliates or the Sellers SiC Entities or otherwise result in any unreasonable burden with respect to the prompt and timely discharge by employees of it, its Affiliates or the SiC Entities of their normal duties, (ii) jeopardize any attorney-client privilege, work product privilege or other legal privilege or trade secret protection or (iii) contravene any applicable Law or binding Contract (including any confidentiality agreement to which the Company or any of their Affiliatesits Affiliates is a party) or result in the disclosure of commercially sensitive information; and provided, furtherhowever, that the auditors and accountants of the Sellers or any of their Affiliates Company shall not be obliged use commercially reasonable efforts to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to provide such access to work papers or disclose such information in form and substance reasonably acceptable to such auditors or accountantsa manner that would not violate the foregoing. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such In furtherance of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior the Company may designate commercially sensitive material provided to Investor as “Outside Counsel Only.” Such materials and the information contained therein shall be given to the Closingoutside counsel of Investor and will not be disclosed by such outside counsel to employees, the Buyer shall not conduct, without the prior written consent officers or directors of the Sellers, recipient unless express permission is obtained in advance from the Company or its legal counsel and shall be subject to any environmental investigation at any property owned or leased by any Seller in restrictions applicable to such information pursuant to the operation of Confidentiality Agreement (including the Business, clean team agreement and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such propertiesexport addendum). Notwithstanding anything to the contrary contained herein, prior the Company may satisfy its obligations set forth above to the Closingprovide access to properties, without the prior consent of the SellersContracts, which shall commitments, books and records and any other documents and information by electronic means if physical access is not reasonably feasible or would not be unreasonably withheld permitted under the applicable Law (and which must be in writing only for contacts with suppliers including any COVID-19 Measures). Any access to any properties or customers), neither the Buyer nor any facilities of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consentCoherent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer Company or any of its Representatives that they may no longer contact such employeetheir Subsidiaries shall be subject to their reasonable security measures and shall not include the right to perform any “invasive” testing or soil, supplier air or customergroundwater sampling, including any Phase II environmental assessments.

Appears in 2 contracts

Samples: Investment Agreement (Coherent Corp.), Investment Agreement (Coherent Corp.)

Access to Information. (a) From the date of this Agreement until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to useits officers, reasonable best efforts to cause each of their respective Representatives directors, employees, agents, representatives, accountants and counsel to, (i) afford the Representatives of Purchaser and its contemplated Financing Sources and its and their officers, employees, and authorized agents and representatives reasonable access to, and the Buyer reasonable accessright to inspect, during normal business hourswhere applicable, to the officesemployees, propertiespremises, books and records records, Material Contracts, and other data of the Business and the Xxxxxx Group; and (ii) furnish to the Representatives of the Buyer Purchaser and its contemplated Financing Sources and its and their officers, employees, and authorized agents and representatives such additional financial and operating data and other information regarding the Business and the Xxxxxx Group (or the Transferred Assets copies thereof) as the Buyer Purchaser may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that any such investigation access or furnishing of information shall be conducted at the Purchaser’s expense, during normal business hours, under the supervision of Dow’s personnel and in such a manner as not unreasonably to interfere with any of the businesses or normal operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained hereinin this Agreement, prior to the Closing, without the prior consent of the Sellers, which Seller shall not be unreasonably withheld (and which must be in writing only for contacts required to disclose any information to the Purchaser if, after consultation with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consentcounsel, the Buyer and any of its Representatives may continue to contact Seller determines in good faith that such employeedisclosure would, supplier or customer (x) unless such consent explicitly states otherwise jeopardize any attorney-client or other legal privilege; or (y) until contravene any applicable Laws, fiduciary duty or agreement entered into prior to the date of this Agreement. When accessing any of Dow’s properties, the Purchaser and its officers, employees, authorized agents and representatives shall and the Purchaser shall cause its Financing Sources and their officers, employees, and their authorized agents and representatives to comply with all of Dow’s safety and security requirements for the applicable property. The Purchaser agrees to coordinate any requests for access and information from Dow and its personnel employed by Dow in a manner related to the Business and to consolidate any such Seller informs requests so as to minimize any disruption to the Buyer business operations of Dow to the extent reasonably practicable. Notwithstanding anything to the contrary in this Agreement, the Purchaser shall not be allowed to sample and analyze any soil or groundwater or other environmental media, or any building material, without the express written consent of its Representatives that they the Seller, which may no longer contact be withheld in the sole and absolute discretion of Seller. No investigation by the Purchaser or information made available to, or received by, the Purchaser (whether before or after the date hereof) shall operate as a waiver, update, modification or otherwise affect any of the Purchaser’s rights under this Agreement, including pursuant to Articles VIII, IX and X hereof, or any representation, warranty or agreement of the Seller in this Agreement, nor shall any such employeeinvestigation or information be deemed to amend, supplier update, modify or customersupplement the Seller Disclosure Schedule.

Appears in 2 contracts

Samples: Sale and Purchase Agreement, Sale and Purchase Agreement (Trinseo S.A.)

Access to Information. From the date hereof until the earlier of the valid termination of this Agreement or the Effective Time and subject to Applicable Law (including COVID-19 Measures) and the Confidentiality Agreement, the Company shall during normal business hours and upon reasonable prior written notice, and solely for purposes of furthering the Merger or integration planning relating thereto, (a) From the date of this Agreement until the Closing Dategive to Parent, upon its counsel, financial advisors, auditors and other authorized Representatives reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, access during normal business hourshours to its officers, to the key employees, offices, properties, Contracts and books and records of the Business and (iib) furnish to the Representatives of the Buyer such additional instruct its employees, counsel, financial and operating data advisors, auditors and other information regarding the Business or the Transferred Assets as the Buyer may from time authorized Representatives to time reasonably request for the purpose of preparing to operate the Business following the Closingcooperate with Parent in such access; provided, however, that (i) the foregoing shall not require the Company or any of its Subsidiaries to permit access to (A) any information that would give rise to the waiver of any attorney-client privilege or other privilege or trade secret protection or the work product doctrine (provided that the Company shall use commercially reasonable efforts to make any such information available in such a way that would not reasonably be expected to jeopardize the attorney-client privilege or other privilege or trade secret protection or the work product doctrine), (B) any information that in the good faith reasonable opinion of the Company would violate any Applicable Law, (C) such documents or information that are reasonably pertinent to any pending litigation, suit, action or proceeding between the Company and its Affiliates, on the one hand, and Parent and its Affiliates, on the other hand, (D) subject to, and without limiting, the requirements of Section 6.03 and Section 8.01(a), any information related to the negotiation and execution of this Agreement or to transactions potentially competing with or alternative to the transactions contemplated by this Agreement or proposals from other third parties relating to any competing or alternative transactions (including Acquisition Proposals) and the actions of the Company’s Board of Directors (or any committee thereof) with respect to any of the foregoing, whether prior to or after execution of this Agreement, or (E) subject to, and without limiting, the requirements of Section 6.03, any information related to an Adverse Recommendation Change or the actions of the Company’s Board of Directors (or any committee thereof) with respect thereto, (ii) any such investigation shall be conducted under reasonable supervision of appropriate personnel of the Company and in such a manner as not to unreasonably interfere with the normal business or operations of the Company or its Subsidiaries or otherwise result in any unreasonable burden with respect to the prompt and timely discharge by employees of the Company or its Subsidiaries of their normal duties and Parent shall use its commercially reasonable efforts to minimize to the extent reasonably practicable any disruption to the businesses of the Company that may result from any such requests for access and (iii) any access to the properties of the Company and its Subsidiaries will be subject to the Company’s reasonable security measures, policies and insurance requirements and will not include the right to sample soil, sediment, groundwater, surface water, air or building materials or conduct any other environmental sampling or analysis. For the avoidance of doubt, nothing in this Section 6.04 will be construed to require the Company, any of its Subsidiaries or any of their respective Representatives to prepare any reports, analyses, appraisals, opinions or other information that create an unreasonable burden on the employees of the Company or its Subsidiaries. In addition, the Company, its Subsidiaries and Parent shall cooperate in good faith to arrange for, as reasonably agreed by Parent and the Company, communication strategies for, and joint meetings of the Company and Parent with, the Company’s customers, suppliers, and employees; provided, that (y) such meetings do not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; Company and provided, further, that the auditors its Subsidiaries and accountants (z) a Representative of the Sellers Company must be present at all times during such meetings. The Company may, as it deems advisable and necessary, reasonably designate commercially sensitive material provided to the other as “Outside Counsel Only Material” or any with similar restrictions, and such materials and the information contained therein shall be given only to the outside counsel of their Affiliates shall not the recipient, or otherwise as the restriction indicates, and be obliged to make any work papers available subject to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors additional confidentiality or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with between the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such propertiesparties. Notwithstanding anything to the contrary contained herein, prior to with the Closing, without the prior consent of the Sellers, Parent (which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customerswithheld), neither the Buyer nor any Company may satisfy its obligations set forth above by electronic means if physical access is not reasonably feasible or would not be permitted under Applicable Law (including as a result of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerCOVID-19 Measures).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (McAfee Corp.), Agreement and Plan of Merger (McAfee Corp.)

Access to Information. (a) From Between the date of this Agreement until and the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, Seller shall: (i) afford the Representatives of the use its Commercially Reasonable Efforts to give Buyer reasonable accessand its Representatives, during normal ordinary business hourshours and upon reasonable notice, reasonable access to all books, records, plans, offices and other facilities and properties included in the offices, properties, books and records of the Business and Purchased Assets; (ii) furnish to the Representatives of the Buyer with such additional financial and operating data and other information regarding in the Business or possession of Seller with respect to the Transferred Purchased Assets as the Buyer may from time to time reasonably request for request; and (iii) furnish Buyer with all such other information in the purpose possession of preparing Seller as shall be reasonably necessary to operate enable Buyer to verify the Business following accuracy of the Closingrepresentations and warranties of Seller contained in this Agreement; provided, however, that (A) any such investigation inspections and investigations shall be conducted in such manner as not to interfere unreasonably interfere with any the operation of the businesses or operations of the Sellers or any of their Affiliates; and providedPurchased Assets, further, that the auditors and accountants of the Sellers or any of their Affiliates (B) Seller shall not be obliged required to make take any work papers available action which would constitute a waiver of the attorney-client or other privilege, (C) Seller need not supply Buyer with any information which Seller is under a legal or contractual obligation not to supply and (D) Seller shall not be required to supply Buyer with any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request information with respect to any information the Jointly Owned Stations to be provided which Seller is not entitled pursuant to the Buyer or its Representatives pursuant terms of the Jointly Owned Stations Operating Agreements. Notwithstanding anything herein to this Section 5.02(a). Without limiting the foregoingcontrary, prior to the ClosingClosing Date, the Buyer shall not have the right to perform or conduct, without the prior written consent of the Sellersor cause to be performed or conducted, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of airtesting at, surface waterin, groundwater, soil on or anything else at or in connection with underneath any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerJointly Owned Station.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Atlantic City Electric Co), Purchase and Sale Agreement (Delmarva Power & Light Co /De/)

Access to Information. (a) From Each Seller shall, during the date of this Agreement until period commencing on the Signing Date and ending on the Closing Date, furnish or cause to be furnished to Buyers and their Representatives, at reasonable times and upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable such access, during normal business hours, to the officesAssets, propertiesincluding the Real Property, books as Buyers from time to time reasonably request, all in accordance with Section 5.7, and records with due regard to minimizing disruption of the conduct of the Business, (ii) such access to the books, accounts, records, Assumed Contracts and other information and data (including data in the possession of such Seller’s respective independent public accountants) of the Business as Buyers from time to time reasonably request and (iiiii) furnish provided that there is no undue interference with their job duties, such access to the Sellers’ officers, managers, directors, employees, store managers, territory managers, agents and Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may Buyers from time to time reasonably request for such purposes as Buyers deem reasonably necessary in connection with the purpose consummation of preparing the transactions contemplated by this Agreement, which purposes may include interviewing employees prior to operate the Business following the Closingmaking offers of employment to any such employees, consistent with Section 6.4; provided, however, that such investigation any environmental investigation, testing, sampling or analysis shall be conducted in accordance with the terms of, and subject to the limitations set forth in, Section 5.5. Notwithstanding the foregoing or anything contained herein to the contrary, Buyers and their authorized Representatives shall not unreasonably interfere with be permitted or entitled to examine any materials without Sellers’ prior written consent, if either (A) such materials are protected by the attorney-client privilege, work product doctrine or other similar privilege or doctrine and such examination could, in Sellers’ opinion based on advice of counsel, cause the businesses loss of such privilege or operations protection or (B) such examination could contravene any Law, fiduciary duty or binding agreement entered into prior to the Signing Date, except that Sellers shall use commercially reasonable efforts to provide such materials in a manner that does not cause the loss of attorney-client privilege, work product doctrine or other similar privilege or doctrine or the contravention of any Law, fiduciary duty or binding agreement; provided that, for the avoidance of doubt, the final determination whether, after the use of commercially reasonable effort, disclosure could result in a the loss of attorney-client privilege, work product doctrine or other similar privilege or doctrine or the contravention of any Law, fiduciary duty or binding agreement shall be determined by Sellers in their reasonable discretion. All investigations and due diligence conducted by Buyers or any of their Affiliates; Representatives shall be coordinated with Sellers, and provided, further, that Sellers shall authorize and direct the auditors and accountants appropriate representatives of Sellers to cooperate with Buyers in their investigation of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the SellersBusiness and, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided subject to the Buyer or its restrictions herein contained, to discuss matters involving Business of Sellers as the case may be, with Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerBuyers.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Sunoco LP), Asset Purchase Agreement (Sunoco LP)

Access to Information. (a) From Between the date of this Agreement until and the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, Seller shall: (i) afford the Representatives of the give Buyer reasonable accessand its Representatives, during normal business hourshours and upon reasonable notice, reasonable access to all books, records, plans, offices and other facilities and properties in the offices, properties, books and records possession of Seller included in the Business and Purchased Assets (it being understood that Seller shall have the right to have a Representative present at all times during any such access); (ii) furnish to the Representatives of the Buyer with such additional financial and operating data and other information regarding in the Business or possession of Seller with respect to the Transferred Purchased Assets as the Buyer may from time to time reasonably request for request; and (iii) furnish Buyer with all such other information in the purpose possession of preparing Seller as shall be reasonably necessary to operate enable Buyer, at its request, to verify the Business following accuracy of the Closingrepresentations and warranties of Seller contained in this Agreement; provided, however, that (A) any such investigation 30 ______________________________________________________________________________ access or requests shall be conducted in such manner as not to interfere unreasonably interfere with any the operation of the businesses or operations of the Sellers or any of their Affiliates; and providedPurchased Assets, further, that the auditors and accountants of the Sellers or any of their Affiliates (B) Seller shall not be obliged required to make take any work papers available action which would constitute a waiver of the attorney-client or other privilege, (C) Seller need not supply Buyer with any information which Seller is under a legal or contractual obligation not to supply, and (D) Seller shall not be required to supply Buyer with any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request information with respect to any information the Jointly Owned Stations to be provided which Seller is not entitled pursuant to the Buyer or its Representatives pursuant terms of the Jointly Owned Stations Operating Agreements. Notwithstanding anything herein to this Section 5.02(a). Without limiting the foregoingcontrary, prior to the ClosingClosing Date, the Buyer shall not have the right to perform or conduct, without the prior written consent of the Sellersor cause to be performed or conducted, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of airtesting at, surface waterin, groundwater, soil on or anything else at or in connection with any such properties. Notwithstanding anything to underneath the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerJointly Owned Stations.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Assignment and Assumption Agreement (Pepco Holdings Inc)

Access to Information. (a) From Prior to the date of this Agreement until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives its Subsidiaries to, (i) afford the Representatives of the Buyer give Purchaser and its Representatives, upon reasonable access, advance notice and during normal regular business hours, reasonable access to the officesbooks, propertiesrecords, books personnel, officers and records facilities of the Business (except that Purchaser shall not conduct any environmental sampling or analysis (including the sort customarily referred to as a Phase II Environmental Assessment) without the advance written consent of Seller, and (ii) furnish without executing a customary access and indemnity agreement in respect thereto); provided, however, that any such access shall be conducted in a manner that complies with Section 6.03 and at Purchaser’s expense, at a reasonable time, under the reasonable supervision of Seller’s personnel and in such a manner as to maintain confidentiality and not to interfere with the normal operations of the businesses of Seller and its Subsidiaries. Notwithstanding anything contained in this or any other agreement between Purchaser and Seller executed on or prior to the Representatives date of the Buyer Original Agreement, neither Seller nor any of its Subsidiaries shall have any obligation to make available to Purchaser or its Representatives, or provide Purchaser or its Representatives with, (a) any consolidated, combined or unitary Tax Return filed by Seller or any of its Affiliates or predecessors, or any related material, except to the extent that any such additional financial and operating data and other information regarding Tax Return or related material relates solely to the Transferred Entities, the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to (b) any information if making such information available would (i) reasonably be likely to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent result in a waiver of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling attorney-client or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers tolegal privilege, or customers of (ii) contravene any applicable Law, fiduciary duty or binding agreement (including any confidentiality agreement to which Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives Affiliates is a party) (it being understood that they may no longer contact Seller shall cooperate in any reasonable efforts and requests for waivers that would enable otherwise required disclosure to Purchaser to occur without so jeopardizing privilege or contravening such employeeLaw, supplier duty or customeragreement).

Appears in 2 contracts

Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.)

Access to Information. Upon reasonable advance notice and subject to applicable Laws relating to the exchange of information, each party shall, and shall cause each of its Subsidiaries to, afford to the other party and its Representatives, reasonable access during normal business hours to (aand, with respect to books and records, the right to copy) From all of its and such Subsidiaries’ properties, commitments, books, Contracts, records and correspondence (in each case, whether in physical or electronic form), officers, employees, accountants, counsel, financial advisors and other Representatives, in each case for the purpose of completing diligence related to the transactions contemplated by this Agreement; provided, that such access shall be provided on a basis that minimizes the disruption to the operations of the requested party and its Representatives. Subject to applicable Laws, from the date of this Agreement until the Closing DateEffective Time, upon reasonable prior notice, Parent and except as determined in good faith the Partnership shall furnish promptly to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, one another (i) afford a copy of each report, schedule, registration statement and other document filed, published, announced or received by it in connection with the Representatives transactions contemplated by this Agreement during such period pursuant to the requirements of federal, state or foreign Laws (including pursuant to the Securities Act, the Exchange Act and the rules of any Governmental Authority thereunder), as applicable (other than documents that such party is not permitted to disclose under applicable Laws) (which such furnishing will be deemed to have occurred in the case of any document filed with or furnished to the SEC without further action on the part of the Buyer reasonable accessfiling or furnishing party, during normal business hoursas applicable), to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other all information regarding the Business concerning Parent’s or the Transferred Assets Partnership’s business, properties and personnel as the Buyer other party may from time reasonably request, including all information relating to time reasonably request environmental matters, for the purpose of preparing completing the other party’s due diligence. Notwithstanding the foregoing, no party shall have an obligation to operate provide access to any information (a) the Business following disclosure of which the Closing; providedother party has concluded, howeverin its reasonable judgment, that may jeopardize any privilege available to such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers party or any of their Affiliates; and provided, further, that the auditors and accountants its Affiliates relating to such information or would be in violation of the Sellers a confidentiality obligation to a third party binding on such party or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors its Affiliates, or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, (b) prior to the Closing, regarding the Buyer shall not conduct, without the prior written consent deliberations of the SellersGP Board or the Conflicts Committee, or the Parent Board, as applicable, with respect to the transactions contemplated hereby or any environmental investigation at similar transaction or transactions with any property owned other Person, the entry into this Agreement, or leased any materials provided to such Persons in connection therewith, including materials prepared by any Seller financial or legal advisors, except as required by applicable Laws, including the Securities Act and the Exchange Act in the operation respect of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consentRegistration Statement, the Buyer Consent Solicitation Statement/Prospectus and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSchedule 13E-3.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Green Plains Inc.), Agreement and Plan of Merger (Green Plains Partners LP)

Access to Information. (a) From The Company and the date of this Agreement until the Closing DateShareholders shall afford to Acquiror and to Acquiror's accountants, upon reasonable prior notice, counsel and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, other representatives access during normal business hourshours during the period prior to the Effective Time of the Merger, subject to reasonable notice, to the offices, all its properties, books books, contracts, commitments, records, reports and records other information, including the work papers of the Business and (ii) furnish to the Representatives of the Buyer Company's accountants, any reviews, examinations, or reports by such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request accountants, for the purpose of preparing conducting an investigation of the Company related to operate the Business following Merger on an ongoing basis until the ClosingEffective Time of the Merger; provided, however, that such investigation shall be conducted in a manner that does not unreasonably interfere with any the normal operations and employee relations of the businesses or operations Company. Acquiror and Acqcorp on the one hand, and Company and the Shareholders on the other, will hold nonpublic information received from the other ("Confidential Information") in confidence until such time as such information otherwise becomes publicly available. In the event of termination of this Agreement for any reason each shall promptly return all documents containing Confidential Information obtained from the Sellers or other and any copies made of their Affiliates; and such documents. This covenant of confidentiality shall survive any termination of this Agreement, any other provision notwithstanding provided, furtherhowever, that the auditors and accountants of the Sellers or any of their Affiliates obligation to keep such Confidential Information confidential shall not be obliged apply to make (i) any work papers available information which (A) a party can establish by convincing evidence was already in its possession prior to any Person except the disclosure thereof by the other; (B) was then generally known to the public; (C) became known to the public other than as a result of actions by the other; or (D) was disclosed by a third party not bound by an obligation of confidentiality; or (ii) disclosures in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors the federal securities laws or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent an order of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation a court of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customercompetent jurisdiction.

Appears in 2 contracts

Samples: Acquisition Agreement and Plan of Merger (Si Technologies Inc), Acquisition Agreement (Structural Instrumentation Inc)

Access to Information. (a) From In addition to the date provisions of this Agreement until Section 5.02, from and after the Closing Date, in connection with any reasonable business purpose, including the preparation of Tax Returns, claims relating to Excluded Liabilities, financial statements, or the determination of any matter relating to the rights or obligations of Seller or any of its Affiliates under any of the Transaction Agreements, upon reasonable prior notice, and except as determined in good faith to be appropriate necessary to (i) ensure compliance with any applicable Laws and subject to Law, (ii) preserve any applicable privileges privilege (including the attorney-client privilege), or (iii) and comply with any contractual confidentiality obligations, the Sellers shall usePurchaser shall, and shall cause their its Affiliates to use, reasonable best efforts to cause each of their respective and its Representatives to, (iA) afford the Representatives of the Buyer Seller and its Affiliates reasonable access, during normal business hours, to the offices, properties, books and records of Purchaser and its Affiliates in respect of the Business and the Purchased Assets (iiand related Liabilities), (B) furnish to the Representatives of the Buyer Seller and its Affiliates such additional financial and operating data and other information regarding the Business and the Purchased Assets (and related Liabilities) as Seller or the Transferred Assets as the Buyer its Representatives may from time to time reasonably request and (C) make available to the Representatives of Seller and its Affiliates those employees of Purchaser and its Affiliates whose assistance, expertise, testimony, notes and recollections or presence may be necessary to assist Seller, its Affiliates or its or their respective Representatives in connection with its inquiries for any of the purpose purposes referred to above, including the presence of preparing to operate the Business following the Closingsuch persons as witnesses in hearings or trials for such purposes; provided, however, that such investigation shall not unreasonably interfere with any of the businesses business or operations of the Sellers Purchaser or any of their its Affiliates; and provided, further, that the auditors and accountants of the Sellers Purchaser or any of their its Affiliates shall not be obliged obligated to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the SellersPurchaser, the Buyer Seller or one of its Affiliates shall enter into a customary joint defense agreement with the Sellers Purchaser and such of their its Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives Seller pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer5.01.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Probe Manufacturing Inc)

Access to Information. (a) From the date hereof until the Effective Time (or termination of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsAgreement), the Sellers Company shall usegive Parent, its counsel, financial advisors, auditors and shall cause their Affiliates to use, other authorized Representatives full access at reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, times to the offices, properties, permits, files, books and records of the Business Company and (ii) its Subsidiaries, will furnish to the Parent, its counsel, financial advisors, auditors and other authorized Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer such Persons may from time to time reasonably request and will instruct the Company's employees, counsel and financial advisors to cooperate with Parent in its investigation of the operations, business and/or properties of the Company and its Subsidiaries, including in connection with any environmental assessment or assessments (which may include visual and physical inspections and testing); provided that no investigation pursuant to this Section shall affect any representation or warranty given by the Company to Parent hereunder and nothing herein shall require the Company or any of its Subsidiaries to disclose any information that would cause a violation of law or any confidentiality agreement in effect as of the date of this Agreement. All nonpublic information provided to, or obtained by, Parent in connection with the transactions contemplated hereby shall be "Evaluation Material" for purposes of the purpose Confidentiality Agreement previously executed by or on behalf of preparing to operate Parent and the Business following Company (the Closing"Confidentiality Agreement"); provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding notwithstanding anything to the contrary contained hereinin the Confidentiality Agreement or this Agreement, nothing shall prohibit Parent or Merger Subsidiary from including, after prior to consultation with the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller Company or its AffiliatesRepresentatives, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consentSchedule TO, the Buyer Offer to Purchase, the other Tender Offer Documents or the Proxy Statement, any information that is required by law to be disclosed therein in connection with the purchase of Shares or the solicitation of proxies in connection with the Offer and any of its Representatives may continue to contact such employeethe Merger, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerrespectively.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Brown Tom Inc /De), Agreement and Plan of Merger (Encana Corp)

Access to Information. (a) From Subject to Section 5.4, until the date earlier of the Closing and the termination of this Agreement until in accordance with the Closing Dateterms of ARTICLE VII, upon reasonable prior notice, each of Seller Parent and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and each Seller shall cause their Affiliates its Representatives to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, access during normal business hours, to the officesextent permitted by applicable Law and in accordance with the reasonable procedures established by Seller Parent or such Seller, in furtherance of the consummation of the Sale and the other transactions contemplated by this Agreement, to the officers, directors, employees, MSOs, properties, books offices and records other facilities of the Business and the Acquired Assets (iiincluding all Business Real Property) furnish and the books and records relating thereto (in each case solely to the extent relating to the Business, the Acquired Assets, Assumed Liabilities or Acquired Entities or in connection with the Separation Activities); provided that such access shall only be upon the reasonable advance request of Buyer and shall not unreasonably disrupt personnel, operations and properties of the Business; provided, further, that Seller Parent and each Seller shall make available, or cause its Subsidiaries to make available, to the extent required or requested by Buyer, Business Employee or Former Business Employee personnel files or other information relating to the Business Employees and Former Business Employees that is relevant to any Acquired Entity Plan (provided that, unless required by Buyer to satisfy its obligations under Section 5.2, no Seller shall make, or cause to be made, available medical records, workers’ compensation records or the results of any drug testing; and that Buyer shall indemnify, defend and hold each Seller and its Affiliates (including the other Subsidiaries of such Seller (other than Acquired Entities)) harmless from any Liabilities arising out of or relating to Buyer’s and its Affiliates’ use of such personnel files). In exercising its rights under this Section 5.3(a), Buyer shall conduct itself so as not to unreasonably interfere in the conduct of the Business prior to the Closing. Buyer acknowledges and agrees that any contact or communication by Buyer and its Representatives with officers, employees or agents of the Business hereunder shall be arranged, and, if so determined in Seller Parent’s reasonable judgement, supervised (provided that Buyer shall have the right to reasonably request that such contact or communication be unsupervised and, upon such request, Seller Parent or such applicable Seller shall not unreasonably withhold, condition or delay its consent), by Representatives of the applicable Seller or Seller Parent, unless such Seller or Seller Parent otherwise expressly consents in writing with respect to any specific contact. Notwithstanding anything to the contrary set forth in this Agreement but subject to Sellers’ obligations pursuant to Section 5.22, no Seller nor any Affiliates of any Seller (including the Acquired Entities) shall be required to disclose to Buyer or any of its Representatives any: (i) information to the extent: (A) relating to any acquisition, sale or divestiture process conducted by such additional financial and operating data and other information regarding Seller or its Affiliates for the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose such Seller’s or its Affiliates’ (or their Representatives’) evaluation of preparing to operate the Business following in connection therewith, or any information concerning the ClosingSale Process, in each case, including projections, financial or other information relating thereto; (B) doing so could reasonably be expected to violate any Contract (provided that each Seller shall use reasonable efforts to obtain consents or waivers from third parties under any such Contract in order to disclose such information to Buyer (it being understood that in no event shall any Seller or its Affiliates be obligated to pay any consent fee or other consideration in connection with their efforts to obtain such consents or waivers)) or Law to which any Seller or any of its Affiliates (including the Acquired Entities) is a party or is subject or which it believes in good faith would reasonably be expected to result in a loss of the ability to successfully assert a claim of attorney-client privilege; or (C) if any Seller or any of its Affiliates, on the one hand, and Buyer or any of its Affiliates, on the other hand, are adverse parties in a litigation and such information is reasonably pertinent thereto; provided, however, that in the event the restrictions of this clause (i) apply, such investigation Seller shall provide Buyer with a reasonable description of the information not provided, to the extent permitted by applicable Law, and such Seller shall cooperate in good faith to design and implement alternative disclosure arrangements to enable Buyer to evaluate any such information without resulting in any such violation; or (ii) Tax Return or any other information relating to Taxes or Tax Returns (other than information relating solely to the Business and the Acquired Entities). Notwithstanding anything herein to the contrary, Buyer shall not unreasonably interfere with any of have the businesses right to perform or operations of the Sellers conduct, or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information cause to be provided to the Buyer performed or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoingconducted, any environmental sampling or testing at, in, on or underneath any Business Real Property prior to the Closing, the Buyer shall not conduct, Closing without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which consent shall not be unreasonably withheld (and which must be withheld, delayed or conditioned, if such sampling or testing is reasonably requested by an insurance underwriter in writing only for contacts connection with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerEnvironmental Insurance Policy.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Marathon Petroleum Corp)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to usethe Target Companies to, cause its officers, directors, and employees, and shall use its commercially reasonable best efforts to cause each of their respective Representatives its agents, representatives, accountants and counsel to, : (ia) afford the Representatives officers, employees, agents, accountants, counsel and representatives of the Buyer who are subject to an appropriate confidentiality agreement reasonable access, during normal business hours, to the offices, properties, plants, other facilities, books and records Records of the Business Target Companies and (iib) furnish to the Representatives officers, employees, agents, accountants, counsel and representatives of the Buyer who are subject to an appropriate confidentiality agreement such additional financial and operating data and other information regarding the Business assets, properties, Liabilities and goodwill of the Target Companies (or the Transferred Assets legible copies thereof) as the Buyer may from time to time reasonably request request, or as may be reasonably necessary, to facilitate the transactions contemplated by this Agreement, or for the purpose of preparing to operate for the Business operation of the business of the Target Companies following the Closing, or otherwise for the purpose of preparing for Buyer’s post-Closing relationship with Seller and the Target Companies pursuant to this Agreement and the Ancillary Agreements; provided, however, that (i) such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliatesonly be upon reasonable notice and shall be at Buyer’s sole cost and expense; and provided, further, that the auditors (ii) Buyer and accountants of the Sellers or any of their Affiliates its representatives shall not be obliged permitted to make perform any work papers available to environmental sampling at any Person except in accordance with such auditors’ Owned Real Property or Leased Real Property, including sampling of soil, groundwater, surface water, building materials, or air or wastewater emissions. All information obtained by Buyer and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer its representatives shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided subject to the Buyer or its Representatives Confidentiality Agreement. All requests for access pursuant to this Section 5.02(a). Without limiting the foregoing, prior 6.03(a) shall be made to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSeller.

Appears in 2 contracts

Samples: Equity Interest Purchase Agreement, Equity Interest Purchase Agreement (Advanced Micro Devices Inc)

Access to Information. (a) From the date of this Agreement until the Closing DateAfter Closing, upon reasonable prior noticeBuyer will, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall will cause their Affiliates to use, reasonable best efforts to cause each of their respective its Representatives to, (i) at no cost to Buyer or its Representatives, afford to Seller, including its Representatives, on reasonable notice and at reasonable times, reasonable access to all books, records, files and documents related to the Representatives of the Buyer reasonable access, during normal business hoursBusiness in order to permit Seller to prepare and file its Tax Returns and to prepare for and participate in any investigation with respect thereto, to prepare for and participate in any other investigation and defend any Proceedings relating to or involving Seller, the offices, properties, books and records of Subsidiary or the Business for which Seller may be responsible, to discharge its obligations under this Agreement and the other Related Documents to which it is a party and for other reasonable purposes and will afford Seller reasonable assistance in connection therewith. Buyer will cause such records to be maintained for not less than seven (ii7) furnish years from the Closing Date and will not dispose of such records without first offering in writing to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time deliver them to time reasonably request for the purpose of preparing to operate the Business following the ClosingSeller; provided, however, that in the event that Buyer transfers all or a portion of the Business to any third party during such investigation period, Buyer may transfer to such third party all or a portion of the books, records, files and documents related thereof, provided such third party transferee expressly assumes in writing the obligations of Buyer under this Section 6.2(a). In addition, on and after the Closing Date, at Seller’s request, Buyer shall make available to Seller and its Affiliates and Representatives, on reasonable notice and at reasonable times, those employees of Buyer reasonably requested by Seller in connection with any Proceeding, including to provide testimony, to be deposed, to act as witnesses and to assist counsel; provided, however, that (i) such access to such employees shall not unreasonably interfere with any the normal conduct of the businesses or operations of Buyer and (ii) Seller shall reimburse Buyer for the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers out-of-pocket costs reasonably incurred by Buyer in making such employees available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a)Seller. Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent application of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customersSection 6.1(d), neither the all documents or information furnished by Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any obtained by Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue hereunder shall be subject to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSection 6.1(d).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Southern Union Co), Purchase and Sale Agreement (Laclede Group Inc)

Access to Information. From the date hereof until the Closing, Seller shall (a) From afford Buyer and its Representatives reasonable access to and the date right to inspect all of this Agreement until the Closing DateLeased Real Property, properties, assets, premises, Books and Records, Assigned Contracts and other documents and data related to the Business; (b) promptly furnish Buyer and its Representatives with such financial, operating and other data and information related to the Business as Buyer or any of its Representatives may reasonably request; and (c) instruct the Representatives of Seller to cooperate with Buyer in its investigation of the Business; provided, however, that any such investigation shall be conducted during normal business hours upon reasonable prior noticeadvance notice to Seller, under the supervision of Seller’s personnel and except in such a manner as determined not to interfere with the conduct of the Business or any other businesses of Seller. All requests by Xxxxx for access pursuant to this Section 6.03 shall be submitted or directed exclusively to the Chief Executive Officer or such other individuals as Seller may designate in good faith writing from time to time. Notwithstanding anything to the contrary in this Agreement, Seller shall not be appropriate required to ensure compliance disclose any information to Buyer if such disclosure would, in Seller’s sole discretion after consultation with legal counsel: (x) jeopardize any applicable Laws and subject attorney-client or other privilege provided, that, to the extent any information is withheld pursuant to any applicable privileges (including the attorney-client privilege) the, Seller will promptly provide Buyer with a privilege log or summary describing with reasonable specificity the topics and contractual confidentiality obligations, general nature of the Sellers shall useinformation withheld and why it is being withheld, and shall cause their Affiliates to usetake such actions as Buyer and Seller shall mutually agree, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hoursacting in good faith, to the officesallow Buyer (or its Representatives, propertiesif applicable) to gain access to such information without losing any privilege; (y) contravene any applicable Law, books and records of the Business and (ii) furnish fiduciary duty or binding agreement entered into prior to the Representatives date of the Buyer such additional this Agreement; or (z) reveal bids received from third parties in connection with transactions similar to those contemplated by this Agreement and any information and analysis (including financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement analysis) relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountantsbids. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior Prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the SellersSeller, which may be withheld for any reason, Buyer shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of, the Business and Buyer shall have no right to perform invasive, destructive or subsurface investigations of the Leased Real Property or any Seller or other environmental sampling (such as indoor air sampling). Buyer shall, and shall cause its AffiliatesRepresentatives to, except for contacts abide by the terms of the Confidentiality Agreement with respect to any access or information provided pursuant to this Section 6.03. No investigation by Buyer in shall affect Seller’s representations, warranties, covenants, or agreements contained herein, or limit or otherwise affect the ordinary course of business consistent with past practices; provided that if a Seller does provide the remedies available to Buyer such prior consent, the Buyer and any of its Representatives may continue pursuant to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerthis Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Insignia Systems Inc/Mn)

Access to Information. (a) From the date of this Agreement until the Closing DateAt Buyer's expense, upon reasonable prior noticeBuyer and its authorized agents, officers and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsrepresentatives, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing confirming the representations and warranties contained in Article 5 and for other purposes reasonably related to operate the Business following transactions contemplated hereby, shall have reasonable access to the Closingproperties, books, records, contracts, information and documents of each Company; provided, however, that such investigation examinations and investigations, (i) shall be conducted during normal business hours, (ii) shall not unreasonably interfere with any of their operations and activities; (iii) shall be germane to rights or obligations arising out of this Agreement, the businesses or operations of the Sellers Companies prior to the Closing Date or any to the transactions prior to the Closing Date; (iv) shall be conducted only in the presence of their Affiliatesa designated representative of Sellers, as appropriate; and (v) shall be subject to prior approval if the information or documents requested are, in the reasonable opinion of an officer of PNFC , of a nature that may compromise the competitive position of Sellers. Each Seller and PNIC shall cooperate in all reasonable respects with Buyer's examinations and investigations. Buyer shall maintain all information regarding the Companies in complete confidence and shall not disclose such information to any person, provided, furtherhowever, Buyer shall not be required to keep confidential information that (x) is or becomes generally available to the auditors and accountants public other than as a result of disclosure by Buyer, (y) is or becomes available to Buyer on a nonconfidential basis from a source other than the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise PNIC or (yz) until such Seller informs the Buyer or any of its Representatives Affiliates is required to disclose pursuant to applicable law, rule, regulation or subpoena. The Sellers, Xxxxxxx Xxxxxxxx and PNIC acknowledge and agree that they may no longer contact such employee, supplier nothing in this Section 7.6 shall be deemed to release Sellers or customerXxxxxxx Xxxxxxxx from any of their representations or warranties under this Agreement.

Appears in 1 contract

Samples: Stock and Asset Purchase and Sale Agreement (Front Royal Inc)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as reasonably determined by Seller in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) privilege and contractual confidentiality obligationsobligations (provided, that to the Sellers extent Seller reasonably determines that access or the furnishing of information should be limited in accordance with the foregoing exception, Seller shall useprovide Purchaser with a reasonably detailed description of information withheld and the Parties shall work in good faith to develop substitute disclosure arrangements that would permit the access and furnishing of information contemplated by this sentence), Seller shall, and shall cause their its controlled Affiliates and Representatives to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the to Purchaser, its Affiliates and their respective Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, personnel and the books and records of Seller and its Affiliates with respect to the PP&S Business (including the Purchased Entities, the Purchased Assets and the Assumed Liabilities) at the sole risk of Purchaser (and provided that Purchaser shall indemnify Seller for any damage caused directly by such access by Purchaser or its Representatives), and (ii) furnish to the Purchaser, its Affiliates and their respective Representatives of the Buyer such additional financial and operating data and other information of the Seller Group regarding the Business PP&S Business, the Purchased Entities, the Purchased Assets or the Transferred Assets Assumed Liabilities as the Buyer Purchaser may from time to time reasonably request request, in each case, for the purpose of consummating the transaction contemplated by this Agreement (other than the Debt Financing) or preparing for the operations of or financial reporting with respect to operate the PP&S Business following from and after the Closing; provided, however, that (A) in no event shall Seller be obligated to provide any bids, the identity of any bidder, confidentiality or non-disclosure agreements, letters of intent, expressions of interest or other proposals received in connection with transactions comparable to those contemplated by this Agreement or any information or analysis relating to any such communications, (B) prior to the Closing, Purchaser shall not undertake, or permit or cause any Person to undertake, the taking of soil, groundwater, surface water, soil gas, air or building material samples or other invasive testing on any Business Real Property, and (C) such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountantsSeller Group. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior Prior to the Closing, the Buyer shall not conduct, without obtaining the prior written consent of the SellersSeller (not to be unreasonably be withheld or conditioned), Purchaser shall not, and shall cause its Representatives not to, contact or engage in any discussions or otherwise communicate with, any environmental investigation at any property owned customers or leased by any suppliers of Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Affiliates, or others with whom Seller or any of its Affiliates has commercial dealings, regarding any of the transactions contemplated herein. Purchaser acknowledges and agrees that any contact by Purchaser or its Representatives that they may no longer contact such employee, supplier with Representatives or customercustomers of Seller or any of its Affiliates hereunder shall be arranged and supervised by Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Polyone Corp)

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Access to Information. (a) From the date of this Agreement until the applicable Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the applicable Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the applicable Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the applicable Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer. Notwithstanding anything to the contrary in this Section 5.02(a), from and after the Initial Closing, the Sellers will have no further rights or obligations under this Section 5.02(a) with respect to the portion of the Business conducted at the Initial Closing Facility or the Initial Closing Transferred Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Coca Cola Bottling Co Consolidated /De/)

Access to Information. (a) From the date of this Agreement hereof until the Closing Date, the Company shall, and shall cause its Subsidiaries to, make its management personnel reasonably available to Purchaser and its representatives and, subject to and in compliance with any obligations of confidentiality or non-disclosure provided by applicable Law or contained in any Contracts to which the Company or its Subsidiaries is a party or by which it is bound (provided that the Company shall use its commercially reasonable efforts to put in place an arrangement to enable the provision of reasonable access without violating such obligations or Law), provide Purchaser and its accountants, employees, attorneys and other representatives reasonable access to, and permit such Persons to review, during normal business hours and upon reasonable prior noticewritten request, its properties, books, Contracts, accounts, records and files, and except shall provide such other information to Purchaser and its representatives as determined they may reasonably request which is (a) reasonably required in good faith connection with the transactions contemplated hereby and (b) not inconsistent with applicable Law. Notwithstanding the foregoing, Purchaser acknowledges that none of Seller, the Securityholders, the Company and their respective Subsidiaries or Affiliates shall be obligated to be appropriate provide to ensure compliance with Purchaser any applicable Laws and subject information relating to any applicable privileges offers or indications of interest received by Seller, the Securityholders, the Company or their respective Affiliates or representatives from any Person other than Purchaser to acquire the Company or any of its Equity Interests, properties or assets or any communications between Seller, the Securityholders, the Company or their respective Affiliates or representatives on the one hand and any such other Person on the other hand relating to such offers or indications of interest or the transactions contemplated thereby (including it being understood that Seller and the Securityholders may retain all such documents, information and communications, which shall be the sole property of Seller and the Securityholders at all times prior to and after the Closing). In addition, Purchaser acknowledges that unless otherwise provided herein, Seller shall not be obligated to provide to Purchasers: (i) any work papers or similar materials prepared by its independent public accountants, except to the extent that such accountants agree to provide access to such work papers or similar materials upon such terms and conditions as shall be determined by such accountants in their sole discretion, and (ii) any documents or information that are protected by the attorney-client privilege) and contractual confidentiality obligations, privilege or work product doctrines if such party determines in its reasonable discretion that providing copies or access to such documents or information could give rise to a possible waiver of such privilege or doctrine (provided that the Sellers Company shall use, and shall cause their Affiliates to use, use its commercially reasonable best efforts to cause each put in place an arrangement to permit such disclosure without loss of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(aattorney client privilege). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 1 contract

Samples: Unit Purchase Agreement (Verasun Energy Corp)

Access to Information. (a) From After the date of this Agreement hereof until the Closing Dateand subject to applicable Law and the Confidentiality Agreement, dated as of February 3, 2014, among Parent, Oceanbulk Shipping LLC and Oceanbulk Carriers LLC (the “Confidentiality Agreement”) the terms of which the Seller Parties hereby agree to be bound by as if a party thereto and to which Parent hereby agrees to be bound as if the Seller Parties were the disclosing party thereunder, the Seller Parties and Parent shall (i) give each other and their respective counsel, financial advisors, auditors and other authorized representatives, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, access to the offices, properties, books and records of Parent, its Subsidiaries and the Business Companies, as applicable; provided, however, that any such access shall be conducted during normal business hours in a manner not to interfere with the businesses or operations of the Companies or Parent, as applicable, and without the prior written consent of the other applicable party, none of Parent, the Seller Parties, the Companies nor any of their Affiliates will contact any employee, customer, landlord, supplier, distributor or other material business relation of the other party or its Subsidiaries (in each case, in their capacity as such) prior to the Closing (other than contacts in the ordinary course of business unrelated to the Transactions), (ii) furnish to the Representatives of the Buyer each other and their respective counsel, financial advisors, auditors and other authorized representatives such additional financial and operating data and other information regarding as such Persons may reasonably request, and (iii) instruct the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; providedemployees, howevercounsel, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and providedfinancial advisors, further, that the auditors and accountants other authorized representatives of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the SellersParent, its Subsidiaries, the Buyer shall enter into a customary joint defense agreement Seller Parties and the Companies, as applicable, to cooperate with Parent and the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller Parties in the operation of the Business, matters described in clauses (i) and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties(ii) above. Notwithstanding anything to the contrary contained hereinin this Agreement, prior no party shall be required to the Closingprovide such access or disclose any information if doing so is reasonably likely to (A) result in a waiver of attorney-client privilege, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers work product doctrine or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise similar privilege or (yB) until such Seller informs the Buyer violate any Contract to which it is a party to which it is subject or any of its Representatives that they may no longer contact such employee, supplier or customerapplicable Law.

Appears in 1 contract

Samples: Share Purchase Agreement (Star Bulk Carriers Corp.)

Access to Information. From the date hereof until the Closing, the Sellers shall, and shall cause the Company to, (a) From afford the date Buyers and their Representatives full and free access to and the right to inspect all of the properties, assets, premises, books and records, Contracts and other documents and information related to the Company; (b) furnish the Buyers and their Representatives with such financial, operating and other data and information related to the Company as the Buyers or any of their Representatives may reasonably request, including, but not limited to, a correct and complete daily profit and loss statement from trading in securities and daily positions in securities statement (the “Daily Statements”) of the Company as are provided to management of the Company; and (c) instruct the Representatives of the Company to cooperate with the Buyers in their investigation of the Company. Any investigation pursuant to this Agreement until Section 6.02 shall be conducted in such manner as not to interfere unreasonably with the conduct of the business of the Company. No investigation by the Buyers or other information received by the Buyers shall operate as a waiver or otherwise affect any representation, warranty or agreement given or made by any Seller in this Agreement. The Buyers acknowledge and agree that any contact by the Buyers or their Representatives with Representatives or customers of the Company or others having commercial dealings with the Company prior to the Closing Dateshall be arranged in coordination with the Sellers’ Representatives. Prior to the Closing, upon the Buyers agree to notify the Sellers’ Representatives of any such desired contact and to seek the prior consent of Sellers’ Representatives in connection therewith (which may be withheld in Sellers’ Representatives’ reasonable prior noticediscretion and, and except as determined if given, may be conditioned on Sellers having the right to participate in good faith to be appropriate to ensure compliance any meetings or discussions with any applicable Laws and subject to any applicable privileges (including such customers or others having commercial dealings with the attorney-client privilege) and contractual confidentiality obligations, the Sellers Company). Buyers shall usenot, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives not to, (i) afford the Representatives contact or engage in any discussions or otherwise communicate with, any customers of the Buyer reasonable access, during normal business hours, to Company or others with whom the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information Company has commercial dealing regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerTransaction.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (Intl Fcstone Inc.)

Access to Information. From the date hereof until the Closing and subject to the confidentiality agreement by and between the Parties, dated as of [***] (the “Nondisclosure Agreement”), Seller shall, during its regular business hours and without any unreasonable interference with Seller’s operation of its business in the ordinary course and for the sole purpose of integration planning and the consummation of the transactions contemplated hereby: (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, afford Purchaser and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws its Affiliates and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, reasonable access to and the right to inspect the Somerset Facility and all of the assets and other documents and data related to the Purchased Assets; and (ib) afford instruct the Representatives of the Buyer reasonable access, during normal business hours, Seller to the offices, properties, books cooperate with Purchaser and records its Affiliates and their respective Representatives in their investigation and due diligence of the Business Somerset Facility and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingPurchased Assets; provided, however, that any such investigation shall not unreasonably interfere with any be conducted during normal business hours upon reasonable advance notice to Seller and under the supervision of Seller’s personnel. Notwithstanding anything to the businesses or operations of the Sellers or any of their Affiliates; and providedcontrary in this Agreement, further, that the auditors and accountants of the Sellers or any of their Affiliates Seller shall not be obliged required to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to disclose any information to be provided Purchaser if such disclosure would, in Seller’s sole discretion: (w) cause significant competitive harm to Seller, its Affiliates and their respective businesses, if the Buyer transactions contemplated by this Agreement are not consummated; (x) jeopardize any attorney-client or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoingother privilege; or (y) contravene any applicable Law, fiduciary duty or binding agreement entered into prior to the date of this Agreement. Prior to the Closing, the Buyer shall not conduct, without the prior written consent of the SellersSeller, which shall not be unreasonably withheld, conditioned, or delayed, Purchaser shall not contact any environmental investigation at any property owned or leased by any Seller in the operation of the Businesssuppliers to, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such propertiesSeller. Notwithstanding anything to the contrary contained herein, prior Prior to the Closing, without the prior written consent of the SellersSeller, which Purchaser shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers perform invasive, destructive or customers), neither subsurface investigations of the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer Somerset Facility or any of its Representatives that they may no longer contact such employee, supplier or customerother environmental sampling.

Appears in 1 contract

Samples: Asset Purchase Agreement (Perspective Therapeutics, Inc.)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateClosing, upon reasonable prior noticeSeller shall, insofar as permitted by law and except as determined in good faith any applicable contractual limitations, cause to be appropriate afforded to ensure compliance with any applicable Laws Purchaser and subject its representatives reasonable access to any applicable privileges (including the attorney-client privilege) Company’s and contractual confidentiality obligationseach Subsidiary’s offices, the Sellers shall useproperties, books and shall cause their Affiliates to userecords, reasonable best efforts to cause in each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable accesscase, during normal business hours, in order that Purchaser may have full opportunity to make such investigations as it may reasonably require of the affairs of the Company, provided that any such investigation will only be upon reasonable notice, will not unreasonably disrupt personnel and operations and will be at Purchaser’s sole risk and expense. All requests for access to the offices, properties, books books, and records of the Business Company or any Subsidiary will be made to such representatives of Seller as Seller will designate, who will be solely responsible for coordinating all such requests and all access permitted hereunder. It is further agreed that neither Purchaser nor its representatives will contact or in any way solicit (iifor any purpose whatsoever) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses employees, customers, suppliers or operations other associates or Affiliates of Seller, the Sellers Company, any Subsidiary or any Joint Venture in connection with the transactions contemplated hereby, whether in person or by telephone, mail, email or other means of their Affiliates; communication, without the specific prior written authorization of such representatives of Seller. All notices and providedapplications to, furtherfilings with, that and other contacts with any Government Authority relating to the auditors transactions contemplated hereby will be made by either party only after prior consultation with and accountants of approval by the Sellers or any of their Affiliates shall other party, which approval will not be obliged to make unreasonably withheld. The Company and Seller may, as each deems advisable and necessary, reasonably designate any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be competitively sensitive material provided to the Buyer other under this Section 5.2 as for “Outside Counsel Only.” Such materials and the information contained therein shall be given only to the outside legal counsel of the recipient and will not be disclosed by such outside counsel to employees, officers, or directors of the recipient unless express permission is obtained in advance from the source of the materials (the Company or Seller as the case may be) or its Representatives legal counsel. All information obtained by any of Purchaser and its employees, agents and representatives pursuant to this Section 5.02(a)5.2 shall be kept confidential in accordance with the Confidentiality Agreement. Without limiting Notwithstanding the foregoing, prior to the Closingnone of Seller, the Buyer shall not conduct, without the prior written consent of the SellersCompany, any environmental investigation at Subsidiary or any property owned Joint Venture shall be required to violate any obligation of confidentiality to which Seller, the Company, any Subsidiary or leased by any Seller in the operation of the Business, and in no event may Joint Venture is subject or to waive any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, privilege which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer them may possess in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue discharging their obligations pursuant to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerthis Section 5.2.

Appears in 1 contract

Samples: Stock Purchase Agreement (CSX Corp)

Access to Information. (a) From Between the date of this Agreement until and the Closing Date, Seller will, subject to the Confidentiality Agreement, during ordinary business hours and upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, notice (i) afford give Buyer and its representatives reasonable access to all books, records, personnel, plants, offices and other facilities and properties constituting the Representatives Auctioned Assets, including for the purpose of observing the operation by Seller of the Buyer reasonable accessAuctioned Assets, during normal business hours, to the offices, properties, books and records of the Business and (ii) permit Buyer to make such reasonable inspections thereof as Buyer may reasonably request, (iii) furnish to the Representatives of the Buyer with such additional financial and operating data and other information regarding with respect to the Business or the Transferred Auctioned Assets as the Buyer may from time to time reasonably request, (iv) furnish Buyer upon request for a copy of each material report, schedule or other document with respect to the purpose of preparing to operate the Business following the ClosingAuctioned Assets filed by Seller with, or received by Seller from, any PSC or FERC; provided, however, that (A) any such investigation activities shall be conducted in such a manner as not to interfere unreasonably interfere with any the operation of the businesses or operations of the Sellers or any of their Affiliates; and providedAuctioned Assets, further, that the auditors and accountants of the Sellers or any of their Affiliates (B) Seller shall not be obliged required to make take any work papers available action which would constitute a waiver of the attorney-client privilege and (C) Seller need not supply Buyer with (1) any information or access which Seller is under a legal obligation not to supply or (2) any information which Seller has previously supplied to Buyer. Notwithstanding anything in this Section 7.2 to the contrary, (i) Seller will not be required to provide such information or access to any Person except in accordance with such auditors’ employee records other than Transferred Employee Records, (ii) Buyer shall not have the right to perform or conduct any environmental sampling or testing at, in, on, around or underneath the Auctioned Assets and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating (iii) Seller shall not be required to provide such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request information with respect to any information to be provided to the Buyer Retained Asset or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerRetained Liabilities.

Appears in 1 contract

Samples: Interconnection Agreement (Potomac Electric Power Co)

Access to Information. (a) From During the period from the date of this Agreement until to the Closing DateClosing, upon at reasonable prior noticetimes without causing unreasonable disruption to the Business, Seller shall give silverzipper and Purchaser and its authorized representatives full access to all personnel, offices and other facilities, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, all books and records of the Business Seller (including, without limitation, Tax Returns and (iiaccounting work papers) and will permit silverzipper and Purchaser to make, and will fully cooperate with regard to, such inspections in order to conduct, among other things, interviews of individuals and visual inspections of facilities as Purchaser may reasonably require and will fully cooperate in such interviews and inspections and will cause Seller's officers to furnish to the Representatives of the Buyer Purchaser such additional financial and operating data and other information regarding with respect to the Business or and the Transferred Assets as the Buyer Purchaser may from time to time reasonably request for the purpose request. silverzipper and Purchaser agree that they will keep confidential all trade secrets and proprietary information of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any Seller ("Confidential Information") learned as a consequence of the businesses or operations transactions contemplated hereby, and will similarly cause its respective representatives and agents to maintain such confidentiality. This confidentiality provision shall survive the Closing and any termination of the Sellers or any of their Affiliates; and providedthis Agreement, further, that the auditors and accountants of the Sellers or any of their Affiliates but shall not be obliged to make any work papers available become inoperative as to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only Confidential Information (i) after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned (ii) which is or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything becomes generally available to the contrary contained herein, prior to the Closing, without the prior consent public other than as a result of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers toa disclosure by a party, or customers such party's representative, in violation of any Seller or its Affiliatesthis confidentiality provision, except for contacts by (iii) which becomes available on a nonconfidential basis from a source other than the Buyer in party to this Agreement furnishing the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer Confidential Information or any of its Representatives that they may no longer contact representatives, which source is entitled to disclose such employeeinformation, supplier or customer(iv) which was already known on a nonconfidential basis prior to its disclosure by Seller or its representatives. In the event of a breach or threatened breach of the confidentiality provisions of this Section 5.2 by silverzipper or Purchaser, Seller shall be entitled to institute legal proceedings to enforce the specific performance of this Section 5.2 and to enjoin silverzipper and Purchaser from any violation or further violation of this Section 5.2.

Appears in 1 contract

Samples: Asset Purchase Agreement (Silverzipper Com Inc)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useafford to the officers, employees and shall cause their Affiliates to useauthorized representatives of Buyer (including, without limitation, independent public accountants, financial advisors and attorneys) reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, access during normal business hours, upon reasonable advance notice, to the offices, properties, books executive employees, books, Contracts, reports and business and financial records (including computer files, retrieval programs and similar documentation) of Sellers relating to the Business Assets and (ii) the Facilities to the extent Buyer shall reasonably deem necessary and shall furnish to the Representatives of the Buyer or its authorized representatives such additional financial information concerning Sellers relating to the Assets and operating data the Facilities as shall be reasonably requested (including reasonable access to the work papers and written reports of Sellers’ auditors and all other information regarding written communications from Sellers’ auditors to the Business extent related to the Facilities or the Transferred Assets Assets, and shall furnish them or provide them with reasonable access to all such documents, financial data, records and information with respect to the Facilities, as the Buyer may shall from time to time reasonably request request, including information necessary for making filings under the purpose of preparing to operate the Business following the ClosingHSR Act); provided, however, that such investigation Sellers shall not unreasonably interfere with be required to violate any obligation of the businesses or operations of the Sellers or confidentiality to which any of their AffiliatesSeller is subject in discharging its obligations pursuant to this Section 5.1; and provided, further, that the auditors and accountants of the Sellers or shall use reasonable commercial efforts to obtain consent from any of their Affiliates shall not be obliged relevant third Persons to make any work papers available to any Person except in accordance with such auditorsdischarge Sellersand accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives obligations pursuant to this Section 5.02(a)5.1. Without limiting the foregoing, prior All information and documents obtained by Buyer pursuant to this Agreement will be subject to the Closing, the Buyer shall not conduct, without the prior written consent terms of the Sellers, any environmental Confidentiality Agreement. Buyer agrees that such investigation at any property owned or leased by any Seller shall be conducted in such a manner as not to interfere unreasonably with the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers operations of any Seller or and Buyer and its Affiliatesrepresentatives shall not, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Buyer’s business, speak to any of the employees, customers, distributors, and suppliers of any Seller does provide the Buyer such without Sellers’ prior written consent, the Buyer and any such communications permitted by Sellers shall be made in the presence of its Representatives may continue a representative of Sellers. Sellers shall permit Buyer to contact have informational discussions with the United Steelworkers of America, AFL-CIO Local Union no. 5760-01 with respect to the Bens Run Collective Bargaining Agreement and Sellers shall use their reasonable efforts to schedule such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerdiscussions.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aleris International, Inc.)

Access to Information. (a) From During the period from the date of this Agreement until to the Closing Date, upon reasonable prior noticeBuyer and its counsel, accountants and except as determined in good faith to other representatives shall be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable accessgiven, during normal business hours, full access to and copies of all of the books, tax returns, contracts, commitments, records, facilities and properties of Seller pertaining to the officesBusiness or constituting any part of the Purchased Assets, properties, books and records work papers of accountants of Seller pertaining to the Business and (ii) furnish all personnel of Seller, and they shall be furnished with all such documents and information with respect to the Representatives affairs of the Buyer such additional financial and operating data and other information regarding Seller pertaining to the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; providedbe requested, howeverincluding without limitation, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and providedemployee files, furtheremployee benefit files, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement contracts with the Sellers current customer and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation vendor base of the Business, projections of customer and vendor activities, all computer files, systems and records, leases, and accounts payable and receivable. Seller and its directors, officers and employees shall cooperate fully with Buyer's investigation, provided that Seller shall not be required to incur any out of pocket costs in no event connection therewith. Buyer will (and will cause its representatives to) maintain the confidentiality of the confidential information it receives from Seller, provided that such information may be disclosed (in confidence) to lawyers, accountants, prospective lenders and investors, and other persons or entities involved in the transactions, and that nothing herein shall prevent disclosure or use of any information as may be required by applicable law or that is at the date hereof or hereafter becomes generally available to and known by the public other than by reason of Buyer's breach of its obligations under this Section 7.3, or is or becomes available to Buyer on a non- confidential basis from a source that is not known by Buyer to be prohibited from disclosing such environmental investigation include any sampling information pursuant to a confidentiality agreement with Buyer or other intrusive investigation of airits representatives. Notwithstanding the foregoing, surface water, groundwater, soil or anything else at or Buyer shall be entitled to utilize all such confidential information in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent its operation of the Sellers, which shall not be unreasonably withheld (Business from and which must be in writing only for contacts with suppliers or customers), neither after the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerdate hereof.

Appears in 1 contract

Samples: License Agreement (New Paradigm Software Corp)

Access to Information. (a) From the date of this Agreement hereof until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to use, reasonable best efforts to cause EMG and the Subsidiary and each of their respective Representatives officers, directors, employees, auditors and agents to, (i) afford the Representatives officers, employees, authorized agents and representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business Seller (with respect solely to the Business), EMG and the Subsidiary, and (ii) furnish to the Representatives officers, employees and authorized agents and representatives of the Buyer such additional financial and operating data and other information regarding the Business or Business, EMG and the Transferred Assets Subsidiary as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; providedPROVIDED, howeverHOWEVER, that (A) such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers Seller, EMG or the Subsidiary, (B) the Buyer shall not, prior to the Closing Date, have any of their Affiliates; and providedcontact whatsoever with respect to the Business, furtherEMG or the Subsidiary or with respect to the transactions contemplated by this Agreement with any partner, that the auditors and accountants lender, ground lessor, vendor or supplier of the Sellers Seller, EMG or any the Subsidiary, except in consultation with the Seller and then only with the express prior approval of their Affiliates the Seller, which approval shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ unreasonably withheld, and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested (C) all requests by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any for access or information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a)4.2(a) shall be submitted or directed exclusively to an individual or individuals to be designated by the Seller. Without limiting the foregoing, prior to the Closing, the The Buyer shall not conduct, be permitted to conduct any invasive tests on any Leased Real Property or Owned Real Property without the Seller's prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 1 contract

Samples: Stock Purchase Agreement (C P Clare Corp)

Access to Information. (a) From and after the date hereof until the earlier of the Closing Date and the termination of this Agreement until the Closing Datein accordance with its terms, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to restrictions contained in any applicable privileges (including the attorney-client privilege) confidentiality agreement to which any Group Company is subject, each Group Company shall provide to Buyer and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, its authorized representatives during normal business hours, hours reasonable access to the offices, properties, all books and records of the Business and Group Companies (ii) furnish in a manner so as to not interfere with the Representatives normal business operations of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingany Group Company); provided, howeverthat the Group Companies and their respective representatives shall have no obligation to provide Buyer and its representatives access to any books or records to the extent such books and records pertain solely to the Seller and/or its equityholders and, that to such investigation extent, any Group Company and its representatives are entitled to withhold access to or redact any portion of such books and records. All of such information shall not unreasonably interfere with any be treated as confidential information pursuant to the terms of the businesses or operations Confidentiality Agreement, the provisions of the Sellers or any of their Affiliates; which are by this reference hereby incorporated herein and provided, further, Buyer agrees that the auditors and accountants of the Sellers or any of their Affiliates it shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested bound by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided Confidentiality Agreement to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. same extent as Fresenius Medical Care AG & Co. KGaA. Notwithstanding anything to the contrary contained hereinset forth in this Agreement, prior to during the period from the date hereof until the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer Seller nor any of its Representatives Affiliates (including the Group Companies) shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue be required to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the disclose to Buyer or any of its Representatives representatives any (a) information (i) to the extent related to the sale or divestiture process conducted by Seller or its Affiliates for the Group Companies vis-à-vis any Person other than Buyer and its Affiliates, or Seller’s or its Affiliates’ (or their representatives’) evaluation of the business of the Group Companies in connection therewith, including projections, financial and other information relating thereto, (ii) if doing so would violate any contract or law to which Seller or any of its Affiliates (including the Group Companies) is a party or is subject or which it reasonably determined upon the advice of counsel could result in the loss of the ability to successfully assert attorney-client and work product privileges, (iii) if Seller or any of its Affiliates, on the one hand, and Buyer or any of its Affiliates, on the other hand, are adverse parties in a litigation and such information is reasonably pertinent thereto, or (iv) if Seller reasonably determines upon the advice of counsel that they may no longer contact such employeeinformation should not be so disclosed due to its competitively sensitive nature, supplier or customer(b) any information relating to Taxes or Tax Returns other than information relating to the Group Companies.

Appears in 1 contract

Samples: Stock Purchase and Contribution Agreement

Access to Information. (a) From Prior to the date of this Agreement until and the Closing Date, Purchaser will be entitled, through its authorized officers, employees and representatives (including, without limitation, its legal counsel, accountants, investment bankers and other representatives) (collectively, the “Purchaser Representatives”), to: (a) have reasonable access to Seller’s directors, officers, employees, agents, assets and properties, as well as all relevant books, records and documents of or relating to the Business, (b) such information, financial records and other documents relating to Seller as any Purchaser Representative may reasonably request, (c) make extracts and copies of any such books, records, documents and information and (d) have reasonable access to Seller’s accountants, auditors, customers and suppliers for consultation or verification of any information. In this regard, Purchaser shall have (at least read-only) remote 24/7 Internet access to Seller's accounting software and data; otherwise, Purchaser’s investigation and examination will be conducted during regular business hours, under reasonable circumstances and upon reasonable prior noticenotice to Seller. Purchaser will not contact, and except as determined in good faith directly or indirectly, any employee, customer or vendor of Seller to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including discuss the attorney-client privilege) and contractual confidentiality obligationstransactions contemplated by this Agreement, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conductother subject related thereto, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the SellersSeller, which shall consent will not be unreasonably withheld withheld, delayed or conditioned. At a time (within the thirty (30) calendar days immediately preceding the Closing) and which must be place mutually agreeable to Purchaser and Seller, Seller shall arrange for face-to-face meetings between Purchaser and senior employees of Seller, and for group meetings between Purchaser and other employees of Seller, for the purpose of introducing such employees to Purchaser. Seller shall use commercially reasonable efforts to cause all such Persons to cooperate with Purchaser Representative(s) in writing only for contacts with suppliers such an investigation and examination. No disclosure by Seller or customers), neither the Buyer nor Shareholders whatsoever during any investigation by Purchaser will in and of its Representatives shall contact itself cure any employees of, suppliers to, or customers breach of any warranty or representation of Seller or its Affiliates, except for contacts by the Buyer Shareholder set forth in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerthis Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Precision Optics Corporation, Inc.)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useshall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives the Company to, : (ia) afford Buyer and its Representatives reasonable access to and the right to inspect all of the Real Property, properties, assets, premises, books and records, contracts, agreements and other documents and data related to the Company; (b) furnish Buyer and its Representatives with such financial, operating and other data and information related to the Company as Buyer or any of its Representatives may reasonably request; and (c) instruct the Representatives of Sellers and the Company to cooperate with Buyer reasonable access, during normal business hours, to the offices, properties, books and records in its investigation of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingCompany; provided, however, that any such investigation shall be conducted during normal business hours upon reasonable advance notice to Sellers, under the supervision of Seller's personnel and in such a manner as not unreasonably to interfere with any of the businesses or normal operations of the Company. All requests by Buyer for access pursuant to this Section 5.02 shall be submitted or directed exclusively to the Sellers’ Representative or such other individuals as Sellers or any of their Affiliates; and providedmay designate in writing from time to time. Notwithstanding anything to the contrary in this Agreement, further, that the auditors and accountants none of the Sellers or nor the Company shall be required to disclose any information to Buyer if such disclosure would, in Sellers’ sole discretion: (x) cause significant competitive harm to any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter Company and their respective businesses if the transactions contemplated by this Agreement are not consummated; (y) jeopardize any attorney-client or other privilege; or (z) contravene any applicable Law, fiduciary duty or binding agreement entered into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the date of this Agreement. Prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent ’ Representative on behalf of the Sellers, which may be withheld for any reason, Buyer shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of, the Company and Buyer shall have no right to perform invasive or subsurface investigations of any Seller or the Real Property. Buyer shall, and shall cause its AffiliatesRepresentatives to, except for contacts abide by the Buyer in terms of the ordinary course of business consistent Confidentiality Agreement with past practices; respect to any access or information provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue pursuant to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerthis Section 5.02.

Appears in 1 contract

Samples: Membership Interests Purchase Agreement (Cannapharmarx, Inc.)

Access to Information. (a) From the date of this Agreement until the earlier of the termination of this Agreement or the Closing Date, upon reasonable prior notice, subject to Section 7.1(c), and except as determined by the Company in good faith to be appropriate to ensure compliance with any applicable Laws and subject and, except as determined by the Company in good faith to any applicable privileges (including reasonably be expected to violate the attorney-client privilege or other legal privilege) , and contractual confidentiality obligations, the Sellers Company shall use, and shall cause their Affiliates its Subsidiaries and its representatives to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives representatives of the Buyer Purchaser and its Affiliates reasonable access, during normal business hours, to the offices, properties, books and records of the Business Company and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets its Subsidiaries as the Buyer Purchaser may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingupon reasonable advance notice; provided, however, that (i) such investigation access shall be conducted during normal business hours under the supervision of the Company’s personnel and in such a manner so as not to unreasonably interfere with any of the businesses business or operations of the Sellers Company, Seller or any of their its Affiliates; and provided, further, that (ii) the auditors and accountants of the Sellers Company or any of their Affiliates its Subsidiaries shall not be obliged obligated to make any work papers (to the extent extant) available to any Person except in accordance with such auditors’ unless and accountants’ normal disclosure procedures and then only after until such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by ; (iii) if the SellersParties are in an adversarial relationship in litigation or arbitration, the Buyer furnishing of information, documents or records in accordance with this Section 7.1(a) shall enter into a customary joint defense agreement with the Sellers be subject to applicable rules relating to discovery; and such of their Affiliates as they request with respect to (iv) any information to be provided access to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior Company’s properties shall be subject to the Closing, the Buyer Company’s reasonable security and insurance measures and shall not conduct, without include the prior written consent of the Sellers, right to conduct any environmental investigation at any property owned or leased by any Seller in the operation of the Businesstesting, and in no event may any such environmental investigation include any sampling or other intrusive investigation investigations of air, surface water, groundwater, soil or anything else at or in connection with any such propertieskind. Notwithstanding anything to the contrary contained set forth herein, prior to the Closing, without the prior written consent of the SellersCompany, which may be withheld for any reason, Purchaser shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consentof, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer Company or any of its Representatives that they may no longer contact such employee, supplier or customerSubsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (New Media Investment Group Inc.)

Access to Information. (a) From Upon reasonable advance notice, between the date of this Agreement until hereof and the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers Seller shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the give Buyer and its authorized representatives reasonable access, access during normal business hours, hours to the offices, facilities, properties, books and records of the Business and Business; (ii) furnish to cause the Representatives management of the Division to furnish Buyer with such additional financial and operating data and other information regarding with respect to the business and properties of the Business or the Transferred Assets as the Buyer may from time to time reasonably request for request, and (iii) instruct the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any management of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged Division to make any work papers available to any Person except cooperate with Buyer in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, provided, that all requests for information, to visit plants or facilities or to interview Seller's or the Conveyed Subsidiaries' employees or agents must be requested of, and coordinated with, an executive officer of Seller or such person or persons as he shall designate; provided further that any such investigation shall be conducted under the supervision of Seller's or a Conveyed Subsidiary's personnel and in such a manner as not to interfere with the business operations of the Business; provided further that no event may officer, employee, or representative of Seller, including those of the Division, shall be required (x) to participate in road shows or (y) to be otherwise involved in any financing; provided still further that, subject to clause (x) of the preceding proviso, officers of Seller, including those of the Division, shall meet, at reasonable times, with Buyer's financing sources, provided that it shall be made clear to such financing sources that none of Seller or any such environmental investigation include persons shall have any sampling responsibility or other intrusive investigation liability with respect to such financing. Notwithstanding anything to the contrary in this Agreement, none of airSeller and the Conveyed Subsidiaries shall be required to disclose any information to Buyer or their authorized representatives if doing so would violate any agreement, surface waterlaw, groundwater, soil rule or anything else at regulation to which Seller or in connection with any such propertiesa Conveyed Subsidiary is a party or to which Seller or a Conveyed Subsidiary is subject. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers)this Agreement, neither the Buyer Seller nor any of its Representatives Affiliates shall contact have any employees of, suppliers to, obligation to make available or customers provide to Buyer or their authorized representatives a copy of any consolidated, combined or unitary Tax Return filed by Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact Affiliates or any related materials, except to the extent such employee, supplier or customerTax Return relates to the Division.

Appears in 1 contract

Samples: Asset Purchase Agreement (Omniquip International Inc)

Access to Information. (a) From Prior to the date of this Agreement until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives its applicable Affiliates to, provide Purchaser and its Representatives with reasonable access to (i) afford the Representatives all of the Buyer Acquired Assets, (ii) senior management of the Crimson Business and (iii) any other information relating solely to the Crimson Business as Purchaser or any of its Representatives may reasonably request, provided that such request is for a reasonable accesspurpose, subject in all cases to reasonable restrictions imposed from time to time upon advice of counsel in respect of applicable Governmental Rules relating to the confidentiality of information. All access and investigation pursuant to this Section 6.10 shall be (A) conducted during normal business hourshours upon reasonable advance notice to Seller, (B) conducted in such a manner as not to interfere with the offices, properties, books and records normal operations of the Business Crimson Business, (C) coordinated through the Seller’s General Counsel or a designee thereof and (D) conducted at Purchaser’s sole cost and expense, and Seller shall have the right to have one or more of its Representatives present at all times during any visits, examinations, discussions or contacts contemplated by this Section 6.10, provided, however, Seller shall not be required to provide (i) information the disclosure of which is legally or contractually prohibited and (ii) furnish such portions of documents or information which are subject to attorney-client privilege and the Representatives provision of which, as determined by Seller’s legal counsel may eliminate the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating privilege pertaining to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a)documents. Without limiting the foregoing, prior Seller shall permit Purchaser and its Representatives to conduct health, safety and systems investigations of each Owned Real Property that will be subject to an Owned Property Lease or any Leased Real Property, subject to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers terms of any Seller or its Affiliates, except for contacts by applicable Lease. Purchaser will hold any information obtained pursuant to in confidence in accordance with the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue Confidentiality Agreement pursuant to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSection 7.3(a).

Appears in 1 contract

Samples: Asset Purchase Agreement (Brooks Automation Inc)

Access to Information. (a) From Continuing Disclosure. Seller agrees that from the date of this Agreement hereof until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges the terms of the Confidentiality Agreement (including the attorney-client privilegei) and contractual confidentiality obligationsupon reasonable notice, the Sellers shall useSeller shall, and shall cause their Affiliates to useeach Transferor to, use reasonable best efforts to cause each of their respective Representatives Transferred Entity and Project Partnership to, (i) afford provide to the Representatives officers, employees, accountants, counsel and other representatives of the Buyer reasonable access, at reasonable times during normal business hours, to the officesemployees, properties, books and records of the Business Transferred Entities and (ii) the Project Partnerships in which they have an interest, as the case may be, and shall promptly furnish to the Representatives of the Buyer same Persons such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer such Persons may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that such investigation access shall be afforded to Buyer after no less than 24 hours prior notice, and only in such manner so as not to unreasonably disturb or interfere with any of the businesses or normal operations of the Sellers Seller, such Transferor, Transferred Entity or any of their AffiliatesProject Partnership; and provided, further, that the auditors and accountants neither Seller nor any such entity shall be required to take any action that would constitute a waiver of the Sellers or any of their Affiliates shall attorney-client privilege and Seller need not be obliged supply to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information that Seller is under a legal obligation not to be provided supply, and (ii) at regular intervals prior to the Closing Date, or at such other times as Buyer or its Representatives pursuant representatives shall reasonably request, Seller shall, and shall cause each Transferor to, use reasonable efforts to this Section 5.02(a)cause each Transferred Entity and Project Partnership to, consult with Buyer regarding the conduct of the business of the Transferred Entities and the Projects. Without limiting the foregoingAll information furnished by Seller, prior any Transferor or any Wholly-Owned Transferred Entity hereunder shall be subject to the Closing, the Buyer shall not conduct, without the prior written consent terms of the SellersConfidentiality Agreement dated October 24, any environmental investigation at any property owned or leased by any Seller in 1997 among U.S. Generating Company, Bechxxx Xxxerprises, Inc. and Buyer (the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers"Confidentiality Agreement"), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 1 contract

Samples: Purchase Agreement (Cogentrix Energy Inc)

Access to Information. (a) From Between the date of this Agreement until hereof and the Closing Date, upon reasonable prior noticethe Sellers shall, and except as determined in good faith the Selling Shareholders shall cause the Seller Foreign Subsidiaries and Pipeline Seal U.K. to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, use commercially reasonable best efforts to cause each of the Seller Foreign JVs to) give the Buyer Entities and their employees, accountants, counsel, lenders and their respective Representatives to, (i) afford the Representatives of the Buyer representatives reasonable access, during normal business hours, access to the officesSellers’ and the Seller Foreign Entities’ officers and other key personnel, propertiesand properties (including, books and records of without limitation, the Business Real Property), records and (ii) furnish other data, and to the Representatives other holders of Equity Interests in the Buyer such additional financial Seller Foreign JVs, which access shall include the right to collect reasonable samples and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingconduct reasonable surveys; provided, however, that the Buyer Entities shall in each instance give reasonable prior notice to the Sellers and any such investigation work shall be conducted during normal business hours under the supervision of the Seller Parties’ personnel and in such a manner as to maintain the confidentiality of this Agreement and the transactions contemplated hereby and shall not interfere unreasonably interfere with any of the businesses or operations of the Sellers or any of their AffiliatesBusiness; and and, provided, further, that the auditors and accountants of the Sellers or any of their Affiliates such access shall not be obliged required if it would violate any Law, including, without limitation, the German Federal Data Protection Act (Bundesdatenschutzgesetz), or the terms or conditions of any Contracts or adversely affect the ability of any Seller Party or its Affiliates to make any assert attorney-client, attorney work papers available product or other similar privilege. In addition, the Seller Parties shall use commercially reasonable efforts to facilitate contacts between the Seller Parties’ attorneys, accountants and outside representatives, and their counterparts representing the Buyer Entities, for the purpose of the Buyer’s due diligence. The Buyer Entities and their representatives will be allowed access to the books, records, contracts and financial records of the Business for the purpose of conducting due diligence review through an electronic data room. In addition, representatives of the Buyer shall have the right to be present at the physical inventory conducted by the Seller Parties pursuant to Section 1.11(a), subject to any Person except reasonable conditions imposed by the Seller Parties. Notwithstanding the foregoing, in accordance no event shall the Buyer Entities, their respective Affiliates or their respective employees, representatives or agents have any contact with any customer, supplier, employee or agent of any Seller Party or their Affiliates with respect to the transactions contemplated by this Agreement, unless such auditors’ contact is conducted in compliance with applicable Law and accountants’ normal disclosure procedures is arranged through and then only after such Person has signed a customary agreement relating specifically approved in advance by Xxxxxxx or Xxxxx Xxxx, which approval shall not be unreasonably withheld and provided, however, that promptly following execution of this Agreement, the parties shall cooperate in planning the announcement of the transactions contemplated hereby to such access to work papers in form the employees, customers, suppliers and substance reasonably acceptable to such auditors or accountants. If so requested by agents of the Sellers, the Seller Foreign Subsidiaries and Pipeline Seal U.K., and representatives of the Buyer shall enter into a customary joint defense agreement with have the Sellers and such of their Affiliates as they request with respect to any information right to be provided to present and participate in such announcements and subsequent discussions regarding the Buyer or its Representatives pursuant to this Section 5.02(a)impact of such transaction. Without limiting the foregoing, prior to the Closing, Xxxx Xxxx or another representative of the Buyer shall not conducthave the right, without subject to any reasonable conditions imposed by the prior written consent Seller Parties, to participate in any discussions with the counterparties to the Contracts relating to the Seller Consents listed on Schedule 6.3(c) and the contract amendments listed on Schedule 6.3(d). The Buyer Entities and their Affiliates shall cause any such contact to comply with any reasonable restriction imposed by the Seller Parties, including the requirement that a representative of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may Parties be present during any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customercommunication.

Appears in 1 contract

Samples: Purchase Agreement (Enpro Industries, Inc)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers Seller shall usecause each of the Companies, and shall cause their Affiliates to use, use reasonable best efforts to cause each of their respective Representatives to, to (i) afford the Representatives of the Buyer Acquiror reasonable access, during normal business hours, to the offices, properties, books Books and records Records of the Business Companies, and (ii) furnish to the Representatives of the Buyer Acquiror such additional financial and operating data and other information regarding the Business or the Transferred Assets Companies as the Buyer Acquiror may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers Companies, the Seller or any of their Affiliates; and providedprovided further, furtherhowever, that the auditors and accountants of the Sellers Seller or any of their its Affiliates or the Companies shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ unless and accountants’ normal disclosure procedures and then only after until such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the SellersSeller, the Buyer Acquiror shall enter into a customary joint defense agreement agreement, in form and substance reasonably acceptable to Acquiror, with the Sellers Seller and such of their Affiliates as they request the Companies with respect to any information to be provided to the Buyer or its Representatives Acquiror pursuant to this Section 5.02(aparagraph (a). Without limiting the foregoing, prior to the Closing, the Buyer Acquiror shall not conducthave access to Seller’s consolidated federal income Tax Returns and state combined/unitary/consolidated income Tax Returns but may, without if reasonably required, have access to any pro-forma Income Tax Returns for the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller Companies prepared for and utilized in the operation preparation of the Businesssuch consolidated, and in no event may any such environmental investigation include any sampling combined or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerunitary income Tax Returns.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hc2 Holdings, Inc.)

Access to Information. (a) From the date of this Agreement until Prior to the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsLaws, the Sellers shall useSeller shall, and shall cause their its Relevant Affiliates to use, reasonable best efforts to cause each of and their respective Representatives toemployees and representatives (including attorneys, consultants and accountants) to (i) afford give to Purchasers and their authorized representatives reasonable access to the Representatives of the Buyer reasonable access, Transferred Assets during normal business hours, to hours on a Business Day and upon reasonable notice in a manner that does not unreasonably disturb the offices, properties, books and records day-to-day operation of the Business or the Facility by Seller or its Relevant Affiliates and (ii) furnish to the Representatives of the Buyer Purchasers and their authorized representatives with such additional reasonable financial and operating data and other information regarding that is available with respect to the Transferred Assets, the Facility and the Business or sale of the Transferred Assets Products (or consent to authorize Purchasers to obtain appropriate records from any Governmental Authority) as the Buyer Purchasers may from time to time reasonably request request, including arranging for interviews and meetings during normal business hours on a Business Day and upon reasonable notice. In the purpose event that Purchasers are required by applicable Law or the rules of preparing any stock exchange to operate prepare pro-forma financial statements reflecting the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation acquisition of the Business, then, from the date of this Agreement through the Closing and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to continuing for a period ending *** after the Closing, without Seller shall, and shall cause its Relevant Affiliates and their respective employees and representatives (including attorneys, consultants and accountants) to promptly provide any necessary financial information to the prior consent extent available and reasonable access to Seller’s appropriate personnel and external accountants subject to provisions above. All information thus provided shall be subject to the provisions of Section 11.4; for the Sellersavoidance of doubt, which shall Seller will not be unreasonably withheld (and which must responsible for preparing any such financial statements for Purchasers nor will Seller have any liability as a result of such financial statements. Any request for visits, interviews, meetings or information in accordance with this section shall be in writing only for contacts with suppliers or customers), neither the Buyer nor any addressed by Purchasers to Xxx Xxxxxxxxxx of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSeller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Valeant Pharmaceuticals International, Inc.)

Access to Information. Pending Closing, Seller shall at all reasonable times and upon reasonable prior notice during regular business hours (a) From the date make appropriate members of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, its management team available for questions related to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional assets, books, records, financial and operating data data, and other information regarding pertaining to the Acquired Entities, the Acquired Interests, the Business or the Transferred Assets Project which shall be reasonably available for examination and review by Purchaser and its Representatives via the Electronic Data Room, (b) provide such access to the Project (and its facilities and equipment), and (c) provide such access to third parties related to the Project as the Buyer may from time to time Purchaser reasonably request for requests in connection with replacement of the purpose Support and Affiliate Obligations and procurement of preparing to operate the Business following the ClosingPurchaser Consents and Purchaser Approvals; provided, however, that such investigation Purchaser’s inspections and examinations shall not unreasonably interfere with any of disrupt the businesses or normal operations of Seller, the Sellers Acquired Entities or any of their Affiliatesthe Project, shall be subject to Seller’s and the Acquired Entities’ safety and security procedures and shall be at Purchaser’s sole cost and expense; and provided, further, that the auditors and accountants of the Sellers or neither Purchaser, nor any of their its Affiliates or Representatives, shall not be obliged to make access the Project sites or conduct any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors intrusive environmental site assessment or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request activities with respect to any information to be provided the Acquired Entities or their properties without the prior written consent of Seller. With respect to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoingProject, prior to the Closing, Seller shall provide Purchaser with the Buyer shall not conductmonthly financial statements, without operating reports and management reports for the prior written consent of Acquired Entities and the Sellers, any environmental investigation at any property owned or leased by any Seller Project in the operation of the Businessform, and in no event may any such environmental investigation include any sampling or other intrusive investigation of airat the times, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts historically prepared by the Buyer Seller, the Acquired Entities or their Affiliates in the ordinary course of business consistent with past practices; provided that if a course. Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may shall continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) maintain and update the Electronic Data Room in accordance with its prior practice with respect to the Project until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerClosing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (TerraForm Power, Inc.)

Access to Information. (a) From During the period from the date of this Agreement until to the earlier of the termination of this Agreement in accordance with Article X or the Closing Date, upon reasonable prior notice, the Parent and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives the Company to, afford the Purchaser and its authorized Representatives reasonable access during normal business hours to (i) afford the Representatives personnel of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business Company and (ii) furnish books, records or Contracts to the Representatives of extent relating to the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the ClosingCompany; provided, however, that any such investigation access or furnishing of information shall be conducted at the Purchaser’s expense without reimbursement from the Parent, the Seller, the Company or their respective Affiliates, under the supervision of the Company’s personnel and in such a manner as to not unreasonably interfere with any of the businesses or normal operations of the Sellers Company. For the avoidance of doubt, any information furnished or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers made available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the SellersParent, the Buyer shall enter into a customary joint defense agreement with Seller or the Sellers and such of their Affiliates as they request with respect to any information to be provided Company to the Buyer or its Representatives Purchaser pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer 5.9 shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller be treated as Confidential Information (as defined in the operation Confidentiality Agreement, dated as of October 22, 2018, by and between the Business, Seller and the Purchaser (the “Confidentiality Agreement”)) and shall be treated in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection accordance with any such propertiesthe Confidentiality Agreement. Notwithstanding anything to the contrary contained hereinin this Agreement, prior to the ClosingParent, without the prior consent of Seller and the Sellers, which Company shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers required to disclose any information to the Purchaser or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer disclosure would (x) unless such consent explicitly states otherwise jeopardize any attorney-client or other legal privilege, or (y) until such contravene any applicable Laws (including applicable privacy or data protection Laws) or binding agreement entered into prior to the date hereof, and Seller informs may withhold any information otherwise included in any income Tax Return or related work papers concerning the Buyer Company or the Parent that relates to any other Affiliate of its Representatives that they may no longer contact such employee, supplier the Seller (other than a predecessor of the Company or customerParent).

Appears in 1 contract

Samples: Stock Purchase Agreement (Kforce Inc)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate necessary to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, GE shall, shall cause each of the other Sellers shall useand the Wholly Owned Business Subsidiaries to, and shall cause their Affiliates to use, use reasonable best efforts to cause the Joint Ventures and the other Business Subsidiaries and each of their respective Representatives to, (i) afford the Representatives of the Buyer Acquiror reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer Acquiror such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer Acquiror may from time to time reasonably request for purposes of confirming the purpose accuracy of the representations and warranties made or compliance with covenants set forth in this Agreement or of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses businesses, personnel or operations of GE, the Sellers Sellers, the Business Subsidiaries or any of their Affiliates; and provided, further, that the auditors and accountants of GE, the Sellers other Sellers, the Business Subsidiaries or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by GE or the SellersAcquiror, GE and the Buyer Acquiror shall enter into a customary joint defense agreement with the other Sellers and such of their Affiliates as they request the Business Subsidiaries with respect to any information to be provided to the Buyer or its Representatives Acquiror pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer Acquiror shall not conduct, without the prior written consent of the SellersGE, (i) any environmental investigation at any property owned affiliated with GE (such consent not to be unreasonably withheld or leased by any Seller in delayed to the operation of the Business, extent such investigation does not involve sampling or other intrusive investigations) and in no event may any such environmental investigation include (ii) any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to property associated or affiliated in any way with the contrary contained herein, prior to Transferred Assets or the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerBusinesses.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (MPM Silicones, LLC)

Access to Information. (a) From the date of this Agreement hereof until the Closing DateClosing, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useSeller shall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives Company and Sub to, (ia) afford the Buyer and its Representatives of the Buyer reasonable access, access during normal business hourshours to all properties, to the officesassets, propertiespremises, books and records of the Business records, Contracts and other documents and data related to Company or Sub; and (iib) furnish to the Buyer and its Representatives of the Buyer with such additional financial financial, operating and operating other data and other information regarding the Business related to Company or the Transferred Assets Sub as the Buyer or any of its Representatives may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest, at Buyer’s sole expense; provided, however, that (a) such investigation shall access does not unreasonably interfere with any of disrupt the businesses or normal operations of Seller, Company and Sub and (b) Seller, Company and Sub are under no obligation to disclose to Buyer any information the Sellers disclosure of which is restricted by Contract, applicable Law or any is subject to attorney-client privilege respecting the transactions that are the subject of their Affiliatesthis Agreement, or an ongoing or threatened Action that is disclosed in the Disclosure Schedule; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates Seller, Company and Sub shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior Seller shall permit Buyer and its Representatives to conduct, at Buyer’s sole cost and expense, environmental due diligence of Company, Sub, and the ClosingReal Property, the Buyer but shall not conductnot, without the prior express written consent permission of the SellersSeller which shall not be unreasonably withheld, any environmental investigation at any property owned conditioned, or leased by any Seller in the operation of the Businessdelayed, and in no event may any such environmental investigation include conduct any sampling of indoor or other intrusive investigation of outdoor air, surface water, groundwatergroundwater or surface or subsurface land on, soil at, in, under or anything else at or in connection with any such propertiesfrom Company, Sub, and the Real Property. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts No investigation by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or other information received by Buyer shall operate as a waiver or otherwise affect any of its Representatives that they may no longer contact such employeerepresentation, supplier warranty or customeragreement given or made by Seller in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Innospec Inc.)

Access to Information. (a) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers Seller shall use, and shall cause their its Affiliates (including the Company) to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business Company and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business Company or the Transferred Assets its assets or properties as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers Seller, the Company or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers Seller, the Company or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the SellersSeller, the Buyer shall enter into a customary joint defense agreement with the Sellers Seller, the Company and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the SellersSeller, any environmental investigation at any property owned or leased by any Seller in the operation of the BusinessReal Property, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the SellersSeller, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller the Seller, the Company or its their Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a the Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such the Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Coca Cola Co)

Access to Information. (a) From Between the date of this Agreement until and the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, Seller shall: (i) afford the Representatives of the give Buyer reasonable accessand its Representatives, during normal business hourshours and upon reasonable notice, reasonable access to all books, records, plans, offices and other facilities and properties in the offices, properties, books and records possession of Seller included in the Business and Purchased Assets (it being understood that Seller shall have the right to have a Representative present at all times during any such access); (ii) furnish to the Representatives of the Buyer with such additional financial and operating data and other information regarding in the Business or possession of Seller with respect to the Transferred Purchased Assets as the Buyer may from time to time reasonably request for request; and (iii) furnish Buyer with all such other information in the purpose possession of preparing Seller as shall be reasonably necessary to operate enable Buyer, at its request, to verify the Business following accuracy of the Closingrepresentations and warranties of Seller contained in this Agreement; provided, however, that (A) any such investigation access or requests shall be conducted in such manner as not to interfere unreasonably interfere with any the operation of the businesses or operations of the Sellers or any of their Affiliates; and providedPurchased Assets, further, that the auditors and accountants of the Sellers or any of their Affiliates (B) Seller shall not be obliged required to make take any work papers available action which would constitute a waiver of the attorney-client or other privilege, (C) Seller need not supply Buyer with any information which Seller is under a legal or contractual obligation not to supply, and (D) Seller shall not be required to supply Buyer with any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request information with respect to any information the Jointly Owned Stations to be provided which Seller is not entitled pursuant to the Buyer or its Representatives pursuant terms of the Jointly Owned Stations Operating Agreements. Notwithstanding anything herein to this Section 5.02(a). Without limiting the foregoingcontrary, prior to the ClosingClosing Date, the Buyer shall not have the right to perform or conduct, without the prior written consent of the Sellersor cause to be performed or conducted, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of airtesting at, surface waterin, groundwater, soil on or anything else at or in connection with any such properties. Notwithstanding anything to underneath the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerJointly Owned Stations.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Duquesne Light Holdings Inc)

Access to Information. (a) From Subject to Section 2.9 and the date other provisions of this Agreement until Section 8.1 and subject to compliance with applicable Antitrust Laws, the Sellers agree that, prior to the Closing Date, upon reasonable prior noticePurchaser shall be entitled, and except as determined in good faith through its Representatives, to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives make such investigation of the Buyer reasonable accessassets, during normal business hours, to properties and operations of the offices, properties, Business and such examination of the books and records of the Business and (ii) furnish Sellers pertaining to the Representatives Business, the Purchased Assets and the Assumed Liabilities as it reasonably requests and to make extracts and copies of the Buyer such additional financial books and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrecords; providedit being understood, however, that the foregoing shall not entitle Purchaser to access (i) the books, records and Documents referred to in Section 2.2(h), (ii) any books, records or Documents that SVCMC reasonably determines that access to which by Purchaser would be competitively disadvantageous to the Sellers in any material respect or (iii) any books, records or Documents the disclosure of which by a Seller to Purchaser would (A) notwithstanding Section 2.9, violate any patient confidentiality obligation of a Seller or (B) any other agreement or any obligation of confidentiality to which a Seller is a party or is bound prior to the date hereof or (C) any obligation of confidentiality by which a Seller is bound under applicable Law. Any such investigation and examination shall not unreasonably interfere with be conducted during regular business hours upon reasonable advance notice and under reasonable circumstances, any request for such examination shall be made to one of the Persons identified on Schedule 8.1 and any access to any of the businesses Facilities by Purchaser must be approved by one of such Persons, and Purchaser’s access to such information shall be subject to any restrictions on disclosure by a Seller to Purchaser or operations use of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available information contained therein by Purchaser applicable pursuant to any Person except agreement to which a Seller is a party or is bound prior to the date hereof or under applicable Law. The Sellers shall cause their respective Representatives to cooperate with Purchaser and its Representatives in accordance connection with such auditors’ investigation and accountants’ normal disclosure procedures examination, and then only after such Person has signed a customary agreement relating to such access to work papers in form Purchaser and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer its Representatives shall enter into a customary joint defense agreement cooperate with the Sellers and such of their Affiliates as they request with respect respective Representatives and shall use their commercially reasonable efforts to minimize any information disruption to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoingeach Seller’s business and operations, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of including the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything herein to the contrary contained hereincontrary, prior no Seller shall be required to permit any such investigation or examination if, and to the Closingextent that, without the prior consent SVCMC, upon advice of the Sellerscounsel, which shall not be unreasonably withheld (and which must be determines that such investigation or examination by Purchaser would or is reasonably likely to result in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers a loss of any Seller attorney-client or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if attorney work product privilege available to a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerSeller.

Appears in 1 contract

Samples: Asset Purchase Agreement

Access to Information. (a) From the date of this Agreement until the applicable Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the applicable Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the applicable Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the applicable Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer. Notwithstanding anything to the contrary in this Section 5.02(a), from and after the Initial Closing, the Sellers will have no further rights or obligations under this Section 5.02(a) with respect to the portion of the Business conducted at the applicable Facility or the Initial Closing Transferred Assets, and from and after the Interim Closing, the Sellers will have no further rights or obligations under this Section 5.02(a) with respect to the portion of the Business conducted at the applicable Facility or the Interim Closing Transferred Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Coca Cola Bottling Co Consolidated /De/)

Access to Information. The Sellers shall cause each of the Companies to afford the Purchaser and its accountants, counsel and other representatives reasonable access during normal business hours during the period prior to the Closing to (a) From the date all of this Agreement until the Closing Datesuch Company's properties, upon reasonable prior noticebooks, contracts, commitments and records, and except (b) all other information concerning the business, properties and personnel of such Company as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Purchaser may reasonably request. The Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable access, during normal business hours, Companies to provide to the officesPurchaser and its accountants, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data counsel and other representatives copies of internal financial statements promptly upon request. No information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such knowledge obtained in any investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a)6.2 shall affect or be deemed to modify any representation or warranty contained herein or the conditions to the obligations of the parties to consummate the transactions contemplated by this Agreement. Without limiting The Purchaser agrees to treat as confidential and not to disclose to third parties, except as required by law or otherwise provided herein, all information furnished pursuant to this Section 6.2 except information which: (i) is or becomes generally available to the foregoing, public other than as a result of disclosure by the Purchaser in violation of this Section 6.2; (ii) was available to or in the possession of the Purchaser on a non-confidential basis prior to its being furnished pursuant to this Section 6.2; or (iii) was received by the ClosingPurchaser from a third party known by the Purchaser not to be bound by a confidentiality agreement with respect thereto. The Purchaser may disclose such information to its lending bank, to the Purchaser's agents, including its accountants and attorneys, and to Cendant Corporation. In the event this Agreement is terminated and the Share Purchase abandoned, the Buyer Purchaser shall not conduct, without return to the prior Sellers all such information that is in written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customertangible form.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Bankers Insurance Group Inc)

Access to Information. (a) From the date of this Agreement until the Closing DateClosing, upon reasonable prior noticeTDY will, and except as determined will cause the Transferred Subsidiaries to, give Buyer and its Representatives reasonable access to the Transferred Tungsten Materials Books and Records and to such personnel, offices and other facilities and properties of TDY (in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including respect of the attorney-client privilegeTungsten Materials Business) and contractual confidentiality obligations, the Sellers shall use, Transferred Subsidiaries and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives furnish such other information in respect of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records operation of the Tungsten Materials Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, howeverthat all requests for access pursuant to this Section 5.2 shall be made in writing and shall be directed to and coordinated with the Xxxx Xxxxxx, that Commercial and General Business Counsel, or such investigation person or persons as he/she shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliatesdesignate; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access shall be conducted at a reasonable time, upon reasonable advance notice to work papers TDY, and in form and substance reasonably acceptable such a manner as not to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement interfere unreasonably with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Businessany business conducted by TDY or any Transferred Subsidiary; provided, and in no event may further, that any such access or information request shall not involve any Phase 2 environmental investigation include any sampling assessment or other intrusive invasive sampling, investigation or work of airany kind without TDY’s written approval, surface waterdetermined in TDY’s sole discretion. All such information and access shall be subject to the terms and conditions of the confidentiality agreement dated July 3, groundwater2013, soil or anything else at or in connection with any such propertiesbetween Buyer and Xxxxxxx, Sachs & Co. on behalf of ATI (the “Confidentiality Agreement”). Notwithstanding anything to the contrary contained hereinin this Agreement, prior neither TDY nor its Affiliates shall be required to disclose to Buyer or its Representatives any information (i) related to the ClosingSale Process or TDY’s, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller ATI’s or its AffiliatesRepresentatives’ evaluation thereof including projections, except for contacts by the Buyer financial or other information related thereto other than projections, financial or other information prepared in the ordinary course of business consistent with past practices; provided that the Tungsten Materials Business without being primarily prepared for the Sale Process, (ii) if doing so presents a Seller does provide the Buyer such prior consentreasonable risk of violating any Contract or Law to which TDY, the Buyer and ATI or any of its Representatives may continue their Subsidiaries is a party or to contact such employeewhich it is subject or which it believes in good faith could result in a loss of the ability to successfully assert a claim of Privilege, supplier (iii) if TDY, ATI or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs any of their Subsidiaries, on the one hand, and Buyer or any of its Representatives Subsidiaries, on the other hand, are adverse parties in a litigation and such information is reasonably pertinent thereto or (iv) if TDY, ATI or any of their Subsidiaries reasonably determines in good faith that they may no longer contact such employeeinformation is competitively sensitive. Notwithstanding the foregoing, supplier TDY and its Affiliates shall not be required to provide any such information as and to the extent it relates to the Excluded Businesses, the Excluded Assets or customerthe Retained Liabilities.

Appears in 1 contract

Samples: Purchase Agreement (Allegheny Technologies Inc)

Access to Information. (a) From the date of this Agreement hereof until the Closing Date, the Sellers shall allow Buyer and its officers, directors, principals, employees, advisors, auditors, agents, bankers and other representatives (collectively, “Representatives”) access (including for inspection and copying) during normal business hours (upon reasonable prior advance notice, at mutually agreeable times, and except in a manner that does not materially interfere with the operations of the Transferred Companies) to the Representatives, properties, offices and other facilities, books and records of the Company and each of its Subsidiaries, and shall furnish Buyer with such financial, operating and other data and information as determined Buyer may reasonably request; provided, that neither Buyer nor any of its Affiliates or Representatives shall contact any of the Company’s or any of its Subsidiaries’ employees, customers or suppliers without first coordinating such contact with the Company. (b) In order to facilitate the resolution of any claims made against or incurred by the Sellers prior to the Closing, or for any other reasonable purpose, for a period of three years after the Closing, Buyer shall: (i) retain the books and records (including personnel files) of the Transferred Companies relating to periods prior to the Closing in good faith a manner reasonably consistent with the prior practices of the Transferred Companies, and (ii) upon reasonable advance notice (at mutually agreeable times, and in a manner that does not materially interfere with the operations of Buyer), afford the Sellers reasonable access to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsright to make, the Sellers shall useat Sellers’ expense, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives of the Buyer reasonable accessphotocopies of), during normal business hours, such books and records, subject to the officesSellers entering into reasonable confidentiality agreements. (c) The provisions of this Section 6.3 shall be carried out in accordance with applicable Law relating to the exchange of information, propertiesand notwithstanding anything to the contrary in this Agreement, books and records none of the Business and Transferred Companies (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their respective Affiliates; and provided, further, that the auditors and accountants of the Sellers ) shall be required to provide access to or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to disclose information where such access to work papers in form and substance reasonably acceptable to or disclosure would waive the attorney-client privilege of such auditors party or accountantscontravene any Law. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.6.4

Appears in 1 contract

Samples: Stock Purchase Agreement

Access to Information. During the Interim Period, each Vendor (aexcept Laskovski) From the date of this Agreement until the Closing Date, upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall useshall, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives the Acquired Companies to, (i) afford permit the Representatives Purchaser's Advisors to have reasonable access to the premises of the Buyer reasonable accessAcquired Companies and their property and assets, during normal business hourssubject to compliance with all applicable requirements as a result of the COVID-19 pandemic, including access to the Books and Records, all Contracts and the senior Employees, to the offices, properties, books and records make such investigations of the Business and (ii) furnish to the Representatives property and assets of the Buyer such additional Acquired Companies (including their legal, financial and operating data tax condition and other information regarding the Business or the Transferred Assets their compliance with Applicable Laws) as the Buyer may from time to time Purchaser deems reasonably request for necessary or desirable, it being understood that those investigations will be carried out upon reasonable prior notice during normal business hours and without undue interference with the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; Acquired Companies, and providedXxx, furtherXxxxx and Xxxxxxx shall cooperate fully in facilitating those investigations and, that at the auditors sole cost and accountants expense of the Sellers Purchaser, furnish copies of all documents and materials relating to those matters as may be reasonably requested by or any on behalf of their Affiliates the Purchaser. Notwithstanding the foregoing, the Vendors shall not be obliged required to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such grant access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any furnish information to be provided to the Buyer Purchaser or its Representatives to the extent that (a) such information is subject to an attorney/client or attorney work product privilege or (b) such access or the furnishing of such information is prohibited by Applicable Laws (provided that if any material is withheld, Vendors’ Representative shall inform the Purchaser as to the general nature of what is being withheld and use reasonable efforts to communicate the applicable information to the Purchaser in a way that would not violate the Applicable Laws or privilege and, if applicable, seek a waiver of any such restrictions). In addition, the Purchaser shall not contact any personnel of the Acquired Companies regarding, or in connection with, this Agreement without the express prior consent of Vendors’ Representative. All information provided pursuant to this Section 5.02(a). Without limiting the foregoing, prior Agreement shall remain subject in all respects to the Closingconfidentiality provisions of Section 6.4. Notwithstanding anything to the contrary, nothing herein shall be construed as granting the Buyer shall not conductPurchaser or its Representatives access to any suppliers, customers, distributors, strategic partners or brokers of the Acquired Companies without the prior written consent of the Sellers, any environmental investigation at any property owned Vendors’ Representative or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained as otherwise expressly permitted herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customer.

Appears in 1 contract

Samples: Share Purchase Agreement (Item 9 Labs Corp.)

Access to Information. (a) From the date of this Agreement until Prior to the Closing Date, the Purchaser will be entitled, through its authorized officers, employees and representatives (including, without limitation, its legal counsel, accountants, investment bankers and other representatives) (collectively, the “Purchaser Representatives”), to (a) have reasonable access to the Seller’s directors, officers, employees, agents, assets and properties and all relevant books, records and documents of or relating to the Business and the Assets, (b) such information, financial records and other documents relating to the Seller and the Business as any Purchaser Representative may reasonably request, (c) make extracts and copies of any such books, records, documents and information and (d) have reasonable access to the Seller’s accountants, auditors, customers and suppliers for consultation or verification of any information. The Purchaser’s investigation and examination will be conducted during regular business hours, under reasonable circumstances and upon reasonable prior noticenotice to the Seller. The Purchaser will not contact, and except as determined in good faith to be appropriate to ensure compliance with directly or indirectly, any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligationsemployee, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the Representatives customer or vendor of the Buyer reasonable accessSeller to discuss the transactions contemplated by this Agreement, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conductother subject related thereto, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the SellersSeller, which shall consent will not be unreasonably withheld withheld, delayed or conditioned. At a time (within the thirty (30) days immediately preceding the Closing) and which must be place mutually agreeable to the Purchaser and the Seller, the Seller will arrange for face-to-face meetings between the Purchaser and senior employees of the Seller, and for group meetings between the Purchaser and other employees of the Seller, for the purpose of introducing such employees to the Purchaser. The Seller will use commercially reasonable efforts to cause all such Persons to cooperate with the Purchaser Representatives in writing only for contacts with suppliers or customers), neither such investigation and examination. No disclosure by the Buyer nor Seller whatsoever during any of its Representatives shall contact investigation by the Purchaser will cure any employees of, suppliers to, or customers breach of any warranty or representation of the Seller or its Affiliates, except for contacts by the Buyer set forth in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerthis Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Argyle Security, Inc.)

Access to Information. (a) From Between the date of this Agreement until and the Closing Date, the Seller Parties will, during ordinary business hours and upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford give the Buyers and the Buyers’ Representatives reasonable access to all books, records, personnel, plants, offices and other facilities and properties of the Buyer reasonable accessSeller Parties (limited, during normal business hoursin the case of AESC, to the officesextent they pertain to the Sellers or otherwise relate directly to this Agreement, propertiesthe Ancillary Agreements and the transactions contemplated hereby and thereby), books and records of the Business and (ii) permit the Buyers and the Buyers’ Representatives to make such reasonable inspections thereof as the Buyers may reasonably request, (iii) furnish to the Buyers and the Buyers’ Representatives of the Buyer with such additional financial and operating data and other information regarding the Business or the Transferred Assets Wheatland Facility as the Buyer Buyers may from time to time reasonably request for the purpose of preparing to operate the Business following the Closingrequest; provided, however, that the Seller Parties will not be required to create special reports or perform any studies, and (iv) furnish the Buyers a copy of each material report, schedule or other document filed or received by it with or from the SEC, FERC or any other Governmental Entity with respect to the Wheatland Facility; provided, however, that (A) any such investigation shall be conducted in such manner as not unreasonably to unduly interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the BusinessSeller Parties’ respective businesses and operations, (B) none of the Seller Parties shall be required to take any action which would constitute a waiver of the attorney-client privilege, and in no event may any such environmental investigation include any sampling or other intrusive investigation (C) none of air, surface water, groundwater, soil or anything else at or in connection the Seller Parties need supply the Buyers with any information which such propertiesPerson is under a legal obligation not to supply. Notwithstanding anything in this Section 7.2 to the contrary contained hereincontrary, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless the Seller Parties will only furnish copies of or provide such consent explicitly states otherwise or access to Transferring Employee Records and any other personnel, medical and benefits records to the extent allowed by Law, and (y) until such Seller informs the Buyer Buyers shall not have the right to perform or conduct any environmental sampling or testing at, in, on or underneath any property or facility or real estate owned by any of its Representatives that they may no longer contact such employee, supplier or customerthe Seller Parties.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cincinnati Gas & Electric Co)

Access to Information. (a) From Subject to Section 5.4, from the date of this Agreement until the earlier of the Closing Dateand the termination of this Agreement, upon reasonable prior noticeSeller shall, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and or shall cause their Affiliates to usethe Acquired Companies to, reasonable best efforts to cause each of their respective Representatives to, (i) to afford the Buyer and Representatives of the Buyer reasonable access, access during normal business hours, to the officesextent permitted by applicable Law and in accordance with the procedures established by Seller, which may include the arrangement of appropriate clean room procedures or redaction, as determined by Seller in its reasonable good faith discretion, including for highly confidential or commercially sensitive information, solely for purposes of integration planning (including planning to operate the Business post-Closing) and in furtherance of the consummation of the Sale and the other transactions contemplated by this Agreement, to the senior management, facilities, properties, and books and records relating thereto, and such other materials and information about the Business as Buyer may reasonably request (in each case solely to the extent relating to the Business); provided that such access shall only be upon the reasonable advance request of Buyer, shall not unreasonably disrupt personnel, operations and properties of the Business and (ii) furnish to Business, the Representatives of the Buyer such additional financial and operating data and other information regarding the Business Acquired Companies or the Transferred Assets as Seller, and shall be at Buyer’s sole risk and expense. In exercising its rights hereunder, Buyer shall comply with Seller’s and the Acquired Companies’ safety requirements (which Seller shall provide to Buyer promptly after the date of this Agreement and which may be updated from time to time reasonably request for at Seller’s sole discretion upon notice to Buyer) and conduct itself so as not to unreasonably interfere in the purpose conduct of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing. Buyer acknowledges and agrees that any contact or communication by Buyer and its Representatives with officers, employees or agents of the Buyer Business in connection with this Agreement and the transactions contemplated hereby shall not conduct, without occur only with the prior written consent of Seller (not to be unreasonably withheld, conditioned or delayed) and shall be arranged and supervised by Representatives of Seller or the SellersAcquired Companies, unless Seller otherwise expressly consents in writing (including via email) with respect to any environmental investigation at any property owned specific contact or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection consents to ongoing communication with any such propertiesspecific Person. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be set forth in writing only for contacts with suppliers or customers)this Agreement, neither the Buyer Seller nor any of its Representatives (including the Acquired Companies) shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue be required to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the disclose to Buyer or any of its Representatives any: (i) information: (A) relating to any acquisition or sale process conducted by Seller or its Affiliates for the Business or Seller’s or its Affiliates’ (or their Representatives’) evaluation of the Business in connection therewith, or any information concerning the sale process, in each case, including projections, financial or other information relating thereto; (B) if doing so could reasonably be expected to violate any Contract or Law to which Seller or any of its Affiliates (including the Acquired Companies) is a party or is subject or which it believes in good faith (based on advice of legal counsel) could result in a loss of the ability to successfully assert a claim of privilege (including attorney-client and work product privileges) (it being agreed that, in each such instance, Seller shall use commercially reasonable efforts to cause such information to be provided in a manner that they may no longer contact would not result in such employeeviolation or loss of privilege); (C) if Seller or any of its Affiliates, supplier on the one hand, and Buyer or customerany of its Affiliates, on the other hand, are adverse parties in a litigation and such information is reasonably pertinent thereto; or (D) if doing so could reasonably be expected to result in the disclosure of any Trade Secrets in a manner that would result in the loss of legal protection of such Trade Secrets except to the extent required by Law or court order; or (ii) except as otherwise provided in this Agreement, Tax Return or any other information relating to Taxes or Tax Returns (other than information relating solely to the Business and the Acquired Companies). Any information obtained pursuant to this Agreement will be governed by the Confidentiality Agreement and the terms of this Agreement. In addition, notwithstanding anything herein to the contrary, neither Buyer nor its Representatives shall have the right to perform or conduct, or cause to be performed or conducted, any environmental sampling, testing or invasive investigation at, in, on, underneath or in connection with any asset of the Business (including the Business Real Property) prior to the Closing without the written consent of Seller, which consent shall not be unreasonably withheld, conditioned or delayed. Seller shall have the right, but not the obligation, to accompany Buyer with respect to any environmental assessment, and to take duplicate samples of any samples collected by Buyer. Upon Seller’s request, Buyer shall provide Seller with a copy of any environmental reports prepared by or on behalf of Buyer with respect to any environmental assessment conducted with respect to the assets of the Business. Buyer shall maintain, and shall cause its Representatives to maintain, all information obtained by Buyer pursuant to any environmental assessment or other diligence activity as confidential subject to the Confidentiality Agreement and the terms of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Trinity Industries Inc)

Access to Information. From the date hereof until the Closing, Seller shall, and shall cause each Acquired Company to: (a) From afford Buyer and its Representatives reasonable access to and the right to inspect all of the Assets books and records, Contracts and other documents and data related to each Acquired Company; (b) furnish Buyer and its Representatives with such financial, operating and other data and information related to each Acquired Company as Buyer or any of its Representatives may reasonably request; and (c) instruct the Representatives of Seller and each Acquired Company to cooperate with Buyer in its investigation of the Acquired Companies; provided, however, that any such investigation shall be conducted during normal business hours upon reasonable advance notice to Seller, under the supervision of Seller’s personnel and in such a manner as not to interfere with the normal operations of any Acquired Company. All requests by Buyer for access pursuant to this Section 5.2 shall be submitted or directed exclusively to Xxxxxx Xxxxx or such other individuals as Seller may designate in writing from time to time. Notwithstanding anything to the contrary in this Agreement, neither Seller nor any Acquired Company shall be required to disclose any information to Buyer if such disclosure would, in Seller’s sole discretion: (x) jeopardize any attorney-client or other privilege; or (z) contravene any applicable Law, fiduciary duty or binding agreement entered into prior to the date of this Agreement. In addition, Seller shall provide Buyer for the period commencing on the date of this Agreement until the Closing Dateor the earlier termination of this Agreement with a conference room, upon reasonable prior noticecubicles or other suitable space located at the Facility, and except as determined in good faith on a rent-free basis, for use by up to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford the four Representatives of the Buyer reasonable access, during normal business hours, to the offices, properties, books and records of the Business and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business hours or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; provided, however, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountantsotherwise. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoingIn addition, prior to Closing, at Buyer’s sole expense, Buyer shall be permitted to install and test remote terminal units and to locate certain information technology assets at the Facility in preparation of such installation and testing. Prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the Business, and in no event may any such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the SellersSeller, which consent shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers)delayed, neither the Buyer nor any of its Representatives shall not contact any employees of, suppliers to, or customers of, any Acquired Company and Buyer shall have no right to perform invasive or subsurface investigations of the Real Property without the consent of Seller, which consent shall not be unreasonably withheld or delayed. Buyer and Seller agree that during the Interim Period, at the sole expense of Buyer, Seller shall permit designated Representatives of Buyer, including an engineer retained by Buyer, to regularly observe, in the presence of personnel of Seller and at Buyer’s reasonable discretion, all business and operations of Seller that occur at the Facility and operation thereof, and to observe key discussions and communications with third parties (including Governmental Authorities) relating specifically to the Facility; provided, however, that any Seller or such observations shall be conducted in such a manner as not to interfere unreasonably with the operation of the Facility and to be in compliance with 47 customary safety and confidentiality protocol. Buyer shall, and shall cause its AffiliatesRepresentatives to, except for contacts abide by the terms of the Confidentiality Agreement with respect to any access or information provided pursuant to this Section 5.2. From the date hereof until the Closing, Seller shall provide Buyer with financial statements, operating reports, project schedules and timelines and management reports for the Acquired Companies and the Facility in the form, and at the times, historically prepared by the Seller and its Affiliates in the ordinary course of business consistent with past practices; practice. Without limiting the generality of the foregoing, to the extent not already provided that if a or Made Available to Buyer, Seller does provide shall promptly, and in any case not later than five (5) days following delivery to the counterparty, deliver to Buyer such prior consentcopies of all notices, the Buyer financial statements, reports, and other material correspondence or items delivered to any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or counterparty under any of its Representatives that they may no longer contact such employee, supplier or customerMaterial Contract.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Leidos, Inc.)

Access to Information. (a) From the date of this Agreement until and after the Closing Date, upon reasonable prior noticeSt. Xxxx shall afford to the Company and its Post-Closing Subsidiaries and their respective authorized accountants, counsel and other designated representatives (collectively, "REPRESENTATIVES") reasonable, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges reasonably prompt, access (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, using commercially reasonable best efforts to cause each of their respective Representatives to, (igive access to Persons possessing information) afford the Representatives of the Buyer reasonable access, during normal business hourshours to all data and information that is specifically described in writing (collectively, "INFORMATION") within the possession of St. Xxxx or any Post-Closing Subsidiary of St. Xxxx relating to the offices, properties, books and records Company or any Post-Closing Subsidiary of the Business Company, insofar as such Information is reasonably required by the Company or such Post-Closing Subsidiary including in connection with its preparation of regulatory reports and (ii) furnish to the Representatives of the Buyer such additional financial and operating data and other information regarding the Business or the Transferred Assets as the Buyer may from time to time reasonably request for the purpose of preparing to operate the Business following the Closing; providedfilings, howeverPROVIDED, that such investigation shall not unreasonably interfere with any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates St. Xxxx shall not be obliged to make any work papers available to any Person except in accordance provide information concerning contracts with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers in form and substance reasonably acceptable to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement with the Sellers and such an inception date of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the ClosingJanuary 1, the Buyer shall not conduct, without the prior written consent 2002 other than: (i) copies of the Sellers, any environmental investigation at any property owned or leased underwriting files for contracts that were underwritten by any Seller St. Xxxx Re in the operation of 1997, 1998, 1999, 2000 and 2001 underwriting years and that are within the Business, and Transferred Lines or the Excluded Classes as set forth in no event may any Schedule 11.01; (ii) aggregate loss data for contracts that are within the Transferred Lines or the Excluded Classes upon the Company's representation that such environmental investigation include any sampling or other intrusive investigation of air, surface water, groundwater, soil or anything else at or information is required in connection with any such properties. Notwithstanding anything its business; and (iii) St. Xxxx will also provide access to the contrary contained herein, underwriting files (but shall not provide copies thereof) for contracts written by St. Xxxx Re within the Transferred Lines or the Excluded Classes in underwriting years prior to 1997 upon the ClosingCompany's representation that it requires access to such information in connection with its business. For greater certainty, without the prior consent of the Sellers, which St. Xxxx shall not be unreasonably withheld required to share any claims information relating to any individual contract having an inception date that is prior to January 1, 2002. Similarly, from and after the Closing Date, the Company shall afford to St. Xxxx, any Post-Closing Subsidiary of St. Xxxx and their respective Representatives reasonable access (and which must be including using commercially reasonable efforts to give access to Persons possessing information) during normal business hours to Information within the Company's or any Post-Closing Subsidiary of the Company's possession that is specifically described in writing only for contacts with suppliers or customers), neither the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue relating to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer St. Xxxx or any Post-Closing Subsidiary of its Representatives that they St. Xxxx, insofar as such Information is reasonably required by St. Xxxx or a Post-Closing Subsidiary of St. Xxxx. Information may no longer contact such employeebe requested under this Article XI for, supplier without limitation, audit, accounting, claims, litigation (other than any claims or customerlitigation between the parties hereto or their Subsidiaries) and tax purposes, as well as for purposes of fulfilling disclosure and reporting obligations and for performing this Agreement and the transactions contemplated hereby.

Appears in 1 contract

Samples: Formation and Separation Agreement (Platinum Underwriters Holdings LTD)

Access to Information. (a) From To the extent permitted by Law, between the date of this Agreement until and the Closing Date, Seller will, during ordinary business hours and upon reasonable prior notice, and except as determined in good faith to be appropriate to ensure compliance with any applicable Laws and subject to any applicable privileges (including the attorney-client privilege) and contractual confidentiality obligations, the Sellers shall use, and shall cause their Affiliates to use, reasonable best efforts to cause each of their respective Representatives to, (i) afford give Buyer and Buyer’s Representatives reasonable access to the Representatives Purchased Assets and those of its properties, contracts and records used principally in the Buyer reasonable access, during normal business hoursBusiness or principally related to the Purchased Assets, to which Seller has the officesright to grant access without the consent of any other Person (and in the case where consent of another Person is required, properties, books only on such terms and records of the Business and conditions as may be imposed by such other Person); (ii) permit Buyer to make such reasonable inspections thereof (including but not limited to surveys thereof) as Buyer may reasonably request; (iii) furnish to the Representatives of the Buyer with such additional financial and operating data and other information regarding with respect to the Business or the Transferred Assets as the Buyer may from time to time reasonably request; (iv) grant Buyer access to such officers and employees of Seller as Buyer may reasonably request for the purpose of preparing to operate in connection with obtaining information regarding the Business following or the ClosingPurchased Assets, including with respect to any environmental matters, regulatory matters and financial information; (v) furnish Buyer with copies of surveys, legal descriptions of real property and easements, contracts, leases and other documents with respect to the Purchased Assets in Seller’s possession and reasonable control; (vi) furnish Buyer with a copy of each material report, schedule, or other document principally relating to the Business filed by Seller, Limited Partner or the Companies with, or received by Seller, Limited Partner or the Companies from, any Governmental Entity; and (vii) furnish Buyer all information concerning the Business Employees or Covered Individuals as reasonably requested; provided, however, that (A) any such investigation shall not unreasonably interfere with will be conducted, and any of the businesses or operations of the Sellers or any of their Affiliates; and provided, further, that the auditors and accountants of the Sellers or any of their Affiliates shall not be obliged to make any work papers available to any Person except in accordance with such auditors’ and accountants’ normal disclosure procedures and then only after such Person has signed a customary agreement relating to such access to work papers officers and employees of Seller will be exercised, in form and substance reasonably acceptable such a manner as not to such auditors or accountants. If so requested by the Sellers, the Buyer shall enter into a customary joint defense agreement interfere unreasonably with the Sellers and such of their Affiliates as they request with respect to any information to be provided to the Buyer or its Representatives pursuant to this Section 5.02(a). Without limiting the foregoing, prior to the Closing, the Buyer shall not conduct, without the prior written consent of the Sellers, any environmental investigation at any property owned or leased by any Seller in the operation of the BusinessBusiness or any other Person, (B) Buyer will indemnify and hold harmless Seller from and against any Losses caused to Seller by any action of Buyer or Buyer’s Representatives while present on any of the Purchased Assets or other premises to which Buyer is granted access hereunder (including restoring any of the Real Property to the condition substantially equivalent to the condition such Real Property was in prior to any investigation of environmental matters), (C) Seller will not be required to take any action which would constitute a waiver of the attorney-client privilege, and (D) Seller need not supply Buyer with any information which Seller is under a contractual or other legal obligation not to supply; provided, however, if Seller relies upon clauses (C) or (D) as a basis for withholding information from disclosure to Buyer, to the fullest extent possible without causing a waiver of the attorney-client privilege, or a violation of a contractual or legal obligation, as the case may be, Seller will provide Buyer with a description of the information withheld and the basis for withholding such information. Notwithstanding anything in no event may this Section 8.2 to the contrary, (x) Buyer will not have access to personnel and medical records if such access could, in Seller’s good faith judgment, subject Seller to risk of liability or otherwise violate the Health Insurance Portability and Accountability Act of 1996, and (y) any such investigation of environmental investigation include matters by or on behalf of Buyer will be limited to visual inspections and site visits commonly included in the scope of “Phase 1” level environmental inspections, and Buyer will not have the right to perform or conduct any other sampling or other intrusive investigation testing at, in, on, or underneath any of airthe Purchased Assets. Seller acknowledges and agrees that except for the information disclosed in Schedules 1.1-B, surface water3.1(a), groundwater5.3(b), soil 5.5(a)-1, 5.5(a)-2, 5.5(b)-1, 5.5(b)-2, 5.8, 5.10(b), 5.10(c), 5.11, 5.14, 8.8(d)(ii)(D) and 8.8(d)(ii)-A to this Agreement, Buyer may include such information relating to the Business and the Purchased Assets as reasonably necessary in filings with the SEC, including in one or anything else at or more registration statements filed by Buyer in connection with any such properties. Notwithstanding anything to the contrary contained herein, prior to the Closing, without the prior consent of the Sellers, which shall not be unreasonably withheld (and which must be in writing only for contacts with suppliers or customers), neither obtaining the Buyer nor any of its Representatives shall contact any employees of, suppliers to, or customers of any Seller or its Affiliates, except for contacts by the Buyer in the ordinary course of business consistent with past practices; provided that if a Seller does provide the Buyer such prior consent, the Buyer and any of its Representatives may continue to contact such employee, supplier or customer (x) unless such consent explicitly states otherwise or (y) until such Seller informs the Buyer or any of its Representatives that they may no longer contact such employee, supplier or customerFinancing.

Appears in 1 contract

Samples: Partnership Interests Purchase Agreement (Black Hills Corp /Sd/)

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