Books, Records and Files Sample Clauses

Books, Records and Files. (a) Seller shall deliver or otherwise provide to Purchaser (i) on the Closing Date, all Books, Records and Files included in the Purchased Assets kept in electronic form, (ii) as soon as practicable following the completion of each of (x), (y) and (z) below, all Books, Records and Files included in the Purchased Assets kept in physical form and which are used by Seller (and/or its auditors) to (x) complete its audit for the fiscal year ended September 30, 2015, (y) to prepare the Definitive Proxy Statement and (z) complete the financial statements referenced in Section 7.2(b), and (iii) as soon as practicable following Closing, all other Books, Records and Files included in the Purchased Assets kept in physical form. Following Closing, Seller agrees to give Purchaser and its representatives reasonable cooperation and access (including copies), as needed, during normal business hours and upon reasonable notice, with respect to the Books, Records and Files included in the Purchased Assets which are to be delivered following the Closing Date pursuant to this Section 7.9(a), in each case as may be necessary for general business purposes, including the defense of litigation, the preparation of Tax returns and financial statements and the management and handling of Tax audits; provided that such cooperation and access does not unreasonably disrupt the normal operations of Seller or its Affiliates. (b) Purchaser and Seller agree that Seller may maintain a copy of any Books, Records and Files. Purchaser agrees to retain and maintain the Books, Records and Files included in the Purchased Assets in accordance with its document retention policies. (c) During the period Purchaser retains the Books, Records and Files, Purchaser agrees to give Seller and its representatives reasonable cooperation and access (including copies), as needed, during normal business hours and upon reasonable notice, with respect to the Books, Records and Files included in the Purchased Assets, as may be necessary for general business purposes, including the defense of litigation, the preparation of Tax returns and financial statements and the management and handling of Tax audits; provided that such cooperation and access does not unreasonably disrupt the normal operations of Purchaser or its Affiliates. (d) Seller agrees to give Purchaser and its representatives reasonable cooperation and access, as needed, during normal business hours and upon reasonable notice, with respect to the Books, R...
AutoNDA by SimpleDocs
Books, Records and Files. Purchaser and Seller agree that Seller may maintain copies of any Books, Records and Files that are included in the Purchased Assets and that are delivered to Purchaser hereunder and Seller may prepare a comprehensive index and file plan of such Books, Records and Files. Purchaser agrees to retain and maintain such Books, Records and Files for a period of at least seven (7) years after the Closing (plus any additional time as required by Law or during which Purchaser has been advised by Seller that (i) there is an ongoing Tax audit with respect to periods prior to the Closing or (ii) any such period is otherwise open to assessment; provided, however, that only such Books, Records and Files reasonably related to the appropriate Tax audit or period as advised by Seller shall be subject to such time extension). During such period, Purchaser agrees to give Seller and its representatives reasonable cooperation, access (including copies) and staff assistance, as needed, during normal business hours and upon reasonable notice, with respect to the Books, Records and Files delivered to Purchaser hereunder, and Seller agrees to give Purchaser and its representatives reasonable cooperation, access and staff assistance, as needed, during normal business hours and upon reasonable notice, with respect to the Books, Records and Files relating to the Facility and retained by Seller, in each case as may be necessary for general business purposes, including the defense of litigation, the preparation of Tax returns and financial statements and the management and handling of Tax audits; provided, however, that such cooperation, access and assistance does not unreasonably disrupt the normal operations of Purchaser or Seller or their respective Affiliates. Notwithstanding anything to the contrary contained in this Agreement, neither Seller nor any of its Affiliates shall be required to provide access to or copies of any income Tax Returns of Seller or any such Affiliate.
Books, Records and Files. Notwithstanding anything to the contrary contained in this Agreement, Parent may retain copies of any Books, Records and Files conveyed pursuant to Section 2.01(a) solely for its use with respect to its businesses other than the Business and may redact any information not related to the Business from any Books, Records and Files and similar materials conveyed pursuant to Section 2.01(a).
Books, Records and Files. The Books, Records and Files related to the Business accurately and fairly reflect the activities of the Business.
Books, Records and Files. (a) Subject to Section 2.01(b) and the terms, if any, of the Ancillary Agreements relating to Books, Records and Files, Parent shall transfer all Books, Records and Files, to the extent exclusively used in, or exclusively related to, the Business to Buyer or its Affiliates at the Closing or as soon as practicable thereafter, but may redact any information relating to Excluded Businesses, the Excluded Liabilities or Excluded Assets from such Books, Records and Files. Subject to Section 2.01(b) and the terms, if any, of the Ancillary Agreements relating to Books, Records and Files, to the extent that Books, Records and Files related to the Business include information not exclusively related to the Business, Parent shall provide copies (but may retain the originals) to Buyer of such Books, Records and Files at the Closing or as soon as practicable thereafter. (b) Each party shall only be obligated to provide Books, Records and Files pursuant to Section 5.07(a) in the form, condition and format in which they exist as of the Closing, and in no event shall either party be required to perform any improvement, modification, conversion, updating or reformatting of any such Books, Records and Files.
Books, Records and Files. Notwithstanding anything to the contrary contained in this Agreement, (i) Parent shall have no obligation to convey any Books, Records and Files or other data and information that Parent or its Affiliates are contractually or otherwise restricted by a third party from providing and (ii) Parent may retain copies of any Registrations and any Books, Records and Files conveyed pursuant to Section 2.01(a) (for its use with respect to its businesses other than the Business) and may redact any information not related to the Business from any Registrations, Books, Records and Files and similar materials conveyed pursuant to Section 2.01(a).
Books, Records and Files. Subject to Parent counsel’s retention right in Section 2.01(a)(x)(A) and the terms, if any, of the Ancillary Agreements relating to Books, Records and Files, Parent shall deliver all Transferred Books and Records to Buyer or its Affiliates at the Closing or as soon as practicable thereafter, but may redact any information to the extent relating to the Medical Device Business or Excluded Assets from such Books, Records and Files.
AutoNDA by SimpleDocs
Books, Records and Files. Subject to Parent counsel’s retention right in Section 2.01(a)(x)(A) and the terms, if any, of the Ancillary Agreements relating to Books, Records and Files, Parent shall deliver all Initial Transferred Books and Records to Buyer or its Affiliates at the Closing (or the Delayed Closing, as applicable) or as soon as practicable thereafter, but may redact any information to the extent relating to the Medical Device Business or Excluded Assets from such Books, Records and Files. Subject to Parent counsel’s retention right in Section 2.01(b)(v)(A) and the terms, if any, of the Ancillary Agreements relating to Books, Records and Files, Parent shall deliver all Later Transferred Books and Records relating to the applicable Later Purchased Assets to Buyer or its Affiliates at the applicable Later Closing or as soon as practicable thereafter, but may redact any information to the extent relating to the Medical Device Business or Excluded Assets from such Books, Records and Files. In addition, at the Closing (or the Delayed Closing, as applicable) or as soon as practicable thereafter, Parent shall deliver to Buyer or its designee all physical and tangible materials included in the Purchased Assets (including physical and tangible materials embodying or incorporating the Business Transferred Intellectual Property) that are not already in the possession or control of the Buyer or its Affiliates or the Transferred Subsidiaries following the Closing (other than any product inventory sold to Parent or its Affiliates).
Books, Records and Files. (a) Subject to Section 2.02(b), Guidant shall transfer all Books, Records and Files, to the extent related to the Business, to Abbott or its Affiliates at the Closing or as soon as practicable thereafter. Abbott shall transfer all Books, Records and Files of the Transferred Subsidiaries, to the extent related to the Excluded Businesses, to Guidant or its Affiliates at the Closing or as soon as practicable thereafter. Abbott may redact any information related to the Business from any such Books, Records and Files transferred to Guidant. (b) Each party shall only be obligated to provide Books, Records and Files pursuant to Section 5.13(a) in the form, condition and format in which they exist as of the Closing, and in no event shall either party be required to perform any improvement, modification, conversion, updating or reformatting of any such Books, Records and Files.
Books, Records and Files. It is understood and agreed that any and all ------------------------ books, records, files, diaries, schedules, client lists and so on maintained by the Executive in connection with his employment by the Employer is the property of the Employer and not the Executive and shall be made available to authorized officers of the Employer upon request from time to time and shall be returned to the Employer upon the termination of the Executive's employment with the Employer. The books, records and other material referred to in this paragraph shall include, but not be limited to, data maintained in any medium whatsoever, whether paper or electronic and shall include all digitally maintained files. In connection therewith, the Executive shall provide the Employer with all passwords, encryption codes, encryption software and so on, to permit the Employer to access the data maintained digitally on any electronic medium.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!