Common use of Document Retention Clause in Contracts

Document Retention. As used in this Section 15.2, the term “Documents” shall mean all files, documents, books, records and other data delivered to Grantee by Grantor pursuant to the provisions of this Agreement (other than those that Grantor have retained either the original or a copy of), including, but not limited to: financial and tax accounting records; land, title and division of interest files; contracts; engineering and well files; and books and records related to the operation of the Assets prior to the Closing Date. Grantee shall retain and preserve the Documents for a period of no less than seven (7) years following the Closing Date (or for such longer period as may be required by law or governmental regulation), and shall allow Grantor or its representatives, at Grantor’s expense, to inspect the Documents at reasonable times and upon reasonable notice during regular business hours during such time period. Grantor shall have the right during such period to make copies of the Documents at its expense.

Document Retention. As used in this Section 15.216.2, the term “Documents” shall mean all files, documents, books, records and other data delivered to Grantee Purchaser by Grantor Sellers pursuant to the provisions of this Agreement (other than those that Grantor Sellers have retained either the original or a copy of), including, but not limited to: financial and tax accounting records; land, title and division of interest files; contracts; engineering and well files; and books and records related to the operation of the Assets prior to the Closing Date. Grantee Purchaser shall retain and preserve the Documents for a period of no less than seven (7) years following the Closing Date (or for such longer period as may be required by law or governmental regulation), and shall allow Grantor Sellers or its their representatives, at Grantor’s the Sellers’ expense, to inspect the Documents at reasonable times and upon reasonable notice during regular business hours during such time period. Grantor Sellers shall have the right during such period to make copies of the Documents at its their expense.

Document Retention. As used in this Section 15.213.2, the term “Documents” shall mean all files, documents, books, records and other data delivered to Grantee by Grantor pursuant to the provisions of this Agreement (other than those that Grantor have retained either the original or a copy of), including, but not limited to: financial and tax accounting records; land, title and division of interest files; contracts; engineering and well files; and books and records related to the operation of the Assets prior to the Closing Date. Grantee shall retain and preserve the Documents for a period of no less than seven (7) years following the Closing Date (or for such longer period as may be required by law or governmental regulation), and shall allow Grantor or its representatives, at Grantor’s expense, to inspect the Documents at reasonable times and upon reasonable notice during regular business hours during such time period. Grantor shall have the right during such period to make copies of the Documents at its expense.