Common use of Actions by Seller and Buyer After the Closing Clause in Contracts

Actions by Seller and Buyer After the Closing. A. Seller and Buyer agree that so long as any books, records and files relating to the business, Assets or operations of the Seller pertaining to the Product Lines remain in existence and available, Buyer (at its expense) shall have the right to inspect and to make copies of the same at any time during business hours for any proper purpose with reasonable advance notice. Seller further agrees that it shall preserve and maintain all of its existing books and records relating to the Purchased Assets for a period of at least three (3) years following the date of Closing. B. On and after the Closing date, Seller and Buyer will take all appropriate action and execute all documents, instruments or conveyances of any kind which may be reasonably necessary or advisable to carry out any of the provisions hereof. C. Buyer will assume all express Warranty obligations, as defined herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ballantyne of Omaha Inc)

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Actions by Seller and Buyer After the Closing. A. Seller and Buyer agree that so long as any books, records and files relating to the business, Assets or operations of the Seller pertaining to the Product Lines remain in existence and available, Buyer (at its expense) shall have the right to inspect and to make copies of the same at any time during business hours for any proper purpose with reasonable advance notice. Seller further agrees that it shall preserve and maintain all of its existing books and records relating to the Purchased Assets for a period of at least three five (35) years following the date of Closing. B. On and after the Closing date, Seller Seller, Spitz, and Buyer will take all appropriate action and execute all documents, instruments or conveyances of any kind which may be reasonably necessary or advisable to carry out any of the provisions hereof. C. Buyer will assume all express Warranty obligations, as defined herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ballantyne of Omaha Inc)

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Actions by Seller and Buyer After the Closing. A. Seller and Buyer agree that so long as any books, records records, and files relating to the business, Assets or operations of the Seller pertaining to the Product Lines remain in existence and available, Buyer (at its expense) shall have the right to inspect and to make copies of the same at any time during business hours for any proper purpose with reasonable advance notice. Seller further agrees that it shall preserve and maintain all of its existing books and records record relating to the Purchased Assets for a period of at least three (3) years following the date of Closing. B. On and after the Closing date, Seller and Buyer will take all appropriate action and execute all documents, instruments or conveyances of any kind which may be reasonably necessary or advisable to carry out any of the provisions hereof. C. Buyer will assume all express Warranty obligations, as defined herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ballantyne of Omaha Inc)

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