Delivery of Business Documents. At Closing, the Seller shall deliver to the Buyer all Documents and Other Papers relating to the Transferred Assets, the Assumed Liabilities and the Seller's current and proposed operations, including, without limitation, all files relating to the Accounts Receivable, the Assumed Trade Payables, copies of all insurance policies and all files relating thereto, computer disks reflecting any books or records, documents or other papers, or other information or data relating to the operation of the Seller's business, the Transferred Assets or the Assumed Liabilities stored on any electronic media, including computers. The Seller, however, shall be entitled to retain the corporate minute books of the Seller and to have access to the books and records relating to the Seller to the extent such books and records are necessary for the preparation of tax returns.
Appears in 1 contract
Samples: Asset Purchase Agreement (Weatherford International Inc /New/)
Delivery of Business Documents. At Closing, each of the Seller Sellers shall deliver to the Buyer Buyers all Documents and Other Papers relating to the Transferred Assets, the Assumed Liabilities and the Seller's current and proposed operationsoperations of the Business, including, without limitation, all files relating to any of the Sellers' Accounts Receivable, the Assumed Trade Payables, copies a summary of all insurance policies and all files relating thereto, computer disks reflecting any books or records, documents or other papers, or other information or data relating to the operation of the Seller's businessBusiness, the Transferred Assets or the Assumed Liabilities stored on any electronic media, including computers. The SellerEach of the Sellers, however, shall be entitled to retain the corporate minute books of the such Seller and to have access to the books and records relating to the Seller Business to the extent such books and records are necessary for the preparation of tax returns.
Appears in 1 contract
Delivery of Business Documents. At Closing, the Seller Sellers and the Shareholders shall deliver to the Buyer all Documents and Other Papers relating to the Transferred Assets, the Assumed Liabilities Assets and the Seller's current and proposed operationsoperations of the Business, including, without limitation, all files relating to the Accounts Receivable, Third Party Debt, the Assumed Trade Payables, the Assumed Entitlements, copies of all insurance policies and all files relating thereto, computer disks reflecting any books or records, documents or other papers, or other information or data relating to the operation of the Seller's business, Business or the Transferred Assets or the Assumed Liabilities stored on any electronic media, including computers. The Seller, however, shall be entitled to retain the corporate minute books, stock books and tax returns of the Seller and to have access to the books and records relating to the Seller Business to the extent such books and records are necessary for the preparation of tax returnsreturns or other proper business purposes.
Appears in 1 contract
Samples: Asset Purchase Agreement (Weatherford International LTD)
Delivery of Business Documents. At Closing, the Seller and the Shareholders shall deliver to the Buyer all Documents and Other Papers relating to the Transferred Assets, the Assumed Liabilities and the Seller's current and proposed operationsoperations of the Business, including, without limitation, all files relating to the Accounts Receivable, the Assumed Trade Payables, copies of all insurance policies and all files relating thereto, computer disks reflecting any books or records, documents or other papers, or other information or data relating to the operation of the Seller's businessBusiness, the Transferred Assets or the Assumed Liabilities stored on any electronic media, including computers. The Seller, however, shall be entitled to retain the corporate minute books, stock books and tax returns of the Seller and to have access to the books and records relating to the Seller Business to the extent such books and records are necessary for the preparation of tax returns.
Appears in 1 contract
Samples: Asset Purchase Agreement (Weatherford International Inc /New/)