Common use of Cooperation and Further Assurances Clause in Contracts

Cooperation and Further Assurances. The parties to this Agreement shall fully cooperate with each other in connection with all general matters and tax matters (including tax audits) involving either party, which relate in any way to this Agreement. Such cooperation shall include, but not be limited to the preparation of an asset purchase valuation and classification schedule, prepared pursuant to Internal Revenue Code Section 1060 et seq., as revised, and the granting to the individual party and the taxing authorities reasonable access to relevant business records and evidence of payment; provided, however, the party requesting such cooperation shall pay costs and expenses of the cooperating party in connection with such cooperation.

Appears in 6 contracts

Samples: Stock Purchase Agreement and Plan of Reorganization (Zapworld Com), Stock Purchase Agreement and Plan of Reorganization (Zapworld Com), Agreement (Zapworld Com)

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