Common use of Destruction of Copies of Certain Assets Clause in Contracts

Destruction of Copies of Certain Assets. After the Closing Date, Seller shall, upon the written request of Buyer, immediately destroy or erase all of Seller's copies of computer software and Business records included in the Assets and, upon Buyer's request, promptly confirm destruction of same by signing and returning to Buyer an "affidavit of destruction" acceptable to Buyer; provided, however, that Seller shall be entitled to retain a copy of those specific records, and only those specific records, that contain information that (i) is not related to the Business, (ii) is neither confidential nor privileged and (iii) Seller has a reasonable need to retain.

Destruction of Copies of Certain Assets. After the Closing Date, any Seller shall, upon the written request of Buyer, immediately destroy or erase all of such Seller's copies of computer software and records of the Business records included in the Acquired Assets and, upon Buyer's request, promptly confirm destruction of same by signing and returning to Buyer an "affidavit of destruction" acceptable to Buyer; provided, however, that any Seller shall be entitled to retain a copy of those specific records, and only those specific records, that contain information that (i) is not related to the Business, (ii) is neither confidential nor privileged and (iii) that such Seller has a reasonable need to retain.