Common use of COVENANTS PRIOR TO CLOSING Clause in Contracts

COVENANTS PRIOR TO CLOSING. 5.1 ACCESS AND INVESTIGATION Between the date of this Agreement and the Closing Date, and upon reasonable advance notice, Sellers’ Agent and Company, on the one hand, and Buyer on the other hand, shall (a) afford the other parties and their respective Representatives full and free access, during regular business hours, to their respective employees, officers, directors and agents, properties, Contracts, Governmental Authorizations, books and Records and other documents and data, such rights of access to be exercised in a manner that does not unreasonably interfere with their respective operations; (b) furnish the other parties with copies of all such Contracts, Governmental Authorizations, books and Records and other existing documents and data as the other parties may reasonably request; (c) furnish the other parties with such additional financial, operating and other relevant data and information as the other parties may reasonably request; and (d) otherwise cooperate and assist, to the extent reasonably requested by the other parties, with the other parties’ investigation of the properties, Assets and financial condition. In addition, the other parties shall have the right to have the real property and Tangible Personal Property inspected by them, at their sole cost and expense, for purposes of determining the physical condition and legal characteristics of the real property and Tangible Personal Property.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Star Energy Corp), Stock Purchase Agreement (Sockeye Seafood Group Inc)

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COVENANTS PRIOR TO CLOSING. 5.1 ACCESS AND INVESTIGATION Between the date of this Agreement and the Closing Date, and upon reasonable advance notice, Sellers' Agent and Company, on the one hand, and Buyer on the other hand, shall (a) afford the other parties and their respective Representatives full and free access, during regular business hours, to their respective employees, officers, directors and agents, properties, Contracts, Governmental Authorizations, books and Records and other documents and data, such rights of access to be exercised in a manner that does not unreasonably interfere with their respective operations; (b) furnish the other parties with copies of all such Contracts, Governmental Authorizations, books and Records and other existing documents and data as the other parties may reasonably request; (c) furnish the other parties with such additional financial, operating and other relevant data and information as the other parties may reasonably request; and (d) otherwise cooperate and assist, to the extent reasonably requested by the other parties, with the other parties' investigation of the properties, Assets and financial condition. In addition, the other parties shall have the right to have the real property and Tangible Personal Property inspected by them, at their sole cost and expense, for purposes of determining the physical condition and legal characteristics of the real property and Tangible Personal Property.

Appears in 1 contract

Samples: Stock Purchase Agreement (Dubrovskaya Olga Amuofyevna)

COVENANTS PRIOR TO CLOSING. 5.1 ACCESS AND INVESTIGATION Between the date of this Agreement and the Closing Date, and upon reasonable advance notice, Sellers’ Agent Sellers and Company, on the one hand, and Buyer on the other hand, shall (a) afford the other parties party and its Representatives and prospective lenders and their respective Representatives full and free access, during regular business hours, to their respective employees, officers, directors and agentsits personnel, properties, Contracts, Governmental Authorizations, books and Records and other documents and data, such rights of access to be exercised in a manner that does not unreasonably interfere with their respective its operations; (b) furnish the other parties party with copies of all such Contracts, Governmental Authorizations, books and Records and other existing documents and data as the other parties party may reasonably request; (c) furnish the other parties party with such additional financial, operating and other relevant data and information as the other parties party may reasonably request; and (d) otherwise cooperate and assist, to the extent reasonably requested by the other partiesparty, with the other parties’ party's investigation of the properties, Assets assets and financial conditioncondition related to it. In addition, the other parties party shall have the right to have the real property and Tangible Personal Property inspected by themit, at their the other party's sole cost and expense, for purposes of determining the physical condition and legal characteristics of the real property and Tangible Personal Property.

Appears in 1 contract

Samples: Share Purchase Agreement (Franklin Towers Enterprises Inc)

COVENANTS PRIOR TO CLOSING. 5.1 ACCESS AND INVESTIGATION Between the date of this Agreement and the Closing Date, and upon reasonable advance notice, Sellers’ Agent Sellers and Company, on the one hand, and Buyer on the other hand, shall (a) afford the other parties party and its Representatives and prospective lenders and their respective Representatives full and free access, during regular business hours, to their respective employees, officers, directors and agentsits personnel, properties, Contracts, Governmental Authorizations, books and Records and other documents and data, such rights of access to be exercised in a manner that does not unreasonably interfere with their respective its operations; (b) furnish the other parties party with copies of all such Contracts, Governmental Authorizations, books and Records and other existing documents and data as the other parties party may reasonably request; (c) furnish the other parties party with such additional financial, operating and other relevant data and information as the other parties party may reasonably request; and (d) otherwise cooperate and assist, to the extent reasonably requested by the other partiesparty, with the other parties’ party's investigation of the properties, Assets assets and financial conditioncondition related to it. In addition, the other parties party shall have the right to have the real property and Tangible Personal Property inspected by themit, at their the other party's sole cost and expense, for purposes of determining the physical condition and legal characteristics of the real property and Tangible Personal Property.

Appears in 1 contract

Samples: Share Purchase Agreement (Pay88)

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COVENANTS PRIOR TO CLOSING. 5.1 ACCESS AND INVESTIGATION Between the date of this Agreement and the Closing Date, and upon reasonable advance notice, Sellers’ Agent Seller and Company, on the one hand, and Buyer on the other hand, shall (a) afford the other parties and their respective Representatives full and free access, during regular business hours, to their respective employees, officers, directors and agents, properties, Contracts, Governmental Authorizations, books and Records and other documents and data, such rights of access to be exercised in a manner that does not unreasonably interfere with their respective operations; (b) furnish the other parties with copies of all such Contracts, Governmental Authorizations, books and Records and other existing documents and data as the other parties may reasonably request; (c) furnish the other parties with such additional financial, operating and other relevant data and information as the other parties may reasonably request; and (d) otherwise cooperate and assist, to the extent reasonably requested by the other parties, with the other parties’ investigation of the properties, Assets and financial condition. In addition, the other parties shall have the right to have the real property and Tangible Personal Property inspected by them, at their sole cost and expense, for purposes of determining the physical condition and legal characteristics of the real property and Tangible Personal Property.

Appears in 1 contract

Samples: Stock Purchase Agreement (Star Energy Corp)

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