Common use of Access to Records after Completion Clause in Contracts

Access to Records after Completion. After the Completion Date, to the extent reasonably necessary to enable each party to comply with its obligations and administer its affairs, in relation to any Tax: (a) the Purchaser shall keep the books, records and other documents relating to the Sale Interest delivered to the Purchaser on Completion; and (b) the Vendor shall keep the books, records and other documents relating to the Business required to be kept or maintained by the Vendor, for 10 years (or such greater period required under PRC law) from the date of the creation of the relevant document. Each party, to the extent reasonably necessary to enable the other party to comply with its obligations and administer its affairs, in relation to any Tax, shall permit the other party to have access to those books, records and documents during business hours as the other party reasonably requires. Asset Transfer Agreement

Access to Records after Completion. After the Completion Date, to the extent reasonably necessary to enable each party to comply with its obligations and administer its affairs, in relation to any Tax: (a) the Purchaser shall keep the books, records and other documents relating to the Sale Interest delivered to the Purchaser on Completion; and (b) the Vendor shall keep the books, records and other documents relating to the Business required to be kept or maintained by the Vendor, for 10 years (or such greater period required under PRC law) from the date of the creation of the relevant document. Each party, to the extent reasonably necessary to enable the other party to comply with its obligations and administer its affairs, in relation to any Tax, shall permit the other party to have access to those books, records and documents during business hours as the other party reasonably requires. Asset Transfer Agreement.