Document Preservation. From the date hereof until the seventh anniversary of the Initial Closing Date each of Parent and the Purchased Entities shall and shall cause their respective Affiliates to maintain all books of account, financial records, minute books and all other records of or related to the Business prior to the Closing (including electronic files and correspondence) and shall not engage in the destruction of any such documents or issue any directive or request recommending or requiring such destruction.
Document Preservation. A. Preservation of materials, and especially electronic files and electronically stored information (“ESI”), for the Litigation is extremely important, and courts have, on many occasions, imposed penalties against parties who have not met their preservation obligations, which could have a significant adverse impact on Client’s rights in the case. Client, together with its employees, officers, members, agents, etc., recognizes that they have a legal duty to preserve all relevant materials; that is, materials that relate, directly or indirectly, to the Litigation and the underlying dispute between and/or among the parties (collectively, the “Relevant Materials”).
Document Preservation. In the event that the Parties resolve a dispute through arbitration, a copy of the signed Agreement for arbitration and the Arbitration Panel’s final decision will be retained by the Facility for five (5) years, and be available for inspection by the Centers for Medicare and Medicaid Services, or its designee, upon request.
Document Preservation. In connection with the performance of its obligations under this Sale Agreement, Buyer agrees to acknowledge that Seller may be subject to certain document preservation requirements pursuant to a Consent Decree entered into by certain Seller affiliates and the United States of America in February, 2013, and to undertake reasonable measures to abide by any written instructions from Buyer regarding any additional document preservation required by the Consent Decree.
Document Preservation. Purchaser shall preserve for a period of six years after the Closing Date all records relating to the Purchased Assets existing prior to the Closing Date. After the Closing Date, where there is a legitimate purpose, Purchaser shall provide Sellers with access at Sellers’ sole expense, upon prior reasonable written request specifying the need therefor, during regular business hours, to all books and records of Purchaser, whether in electronic or any tangible form, but, in each case, only to the extent relating to the Purchased Assets prior to the Closing Date, and Sellers and their representatives shall have the right to make copies of such books and records at its sole expense; provided, however, that the foregoing right of access shall not be exercisable in such a manner as to interfere unreasonably with the normal operations and business of Purchaser; and provided, further, that such information shall be held by Purchaser in confidence to the extent required by, and in accordance with, the Confidentiality Agreement and Law. Such books and records may nevertheless be destroyed by Purchaser if Purchaser sends to Sellers written notice of its intent to destroy such books and records, specifying with particularity the contents of the books and records to be destroyed. Such books and records may then be destroyed after the 30th day after such notice is given unless Sellers object in writing to the destruction, in which case Purchaser shall deliver such books and records to Sellers.
Document Preservation. Carrier shall preserve a copy of this Agreement for three (3) years after the termination or expiration hereof, and shall preserve all shipping records for five (5) years from date of delivery of each applicable shipment, or for such greater period as may be required by federal, state or local laws, rules or regulations.
