Common use of Following the Closing Clause in Contracts

Following the Closing. Seller shall permit Buyer and its representatives (including, without limitation, their counsel and auditors), during normal business hours, to have reasonable access to, and examine and make copies of, all books and records of Seller and its Affiliates relating to the Hospital, which books and records, are retained by Seller and which relate to transactions or events contemplated by this Agreement occurring prior to the Closing, to the maximum extent permitted by law. For a period of three (3) years after the Closing, Seller agrees that, prior to the destruction or disposition of any such books or records, Seller shall provide not less than forty-five (45) days', nor more than ninety (90) days' prior written notice to Buyer of such proposed destruction or disposal. If Buyer desires to obtain any such documents, it may do so by notifying Seller in writing at any time prior to the date scheduled for such destruction or disposal. In such event, Seller shall not destroy such documents and the parties shall then promptly arrange for the delivery of such documents to Buyer, its successors or assigns. All out-of-pocket costs associated with the delivery of the requested documents shall be paid by Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (New American Healthcare Corp), Lease and Purchase (New American Healthcare Corp)

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Following the Closing. Seller shall permit Buyer and its representatives (including, without limitation, their counsel and auditors), during normal business hours, to have access at all reasonable access times to, and examine and make copies of, all books and records of Seller and its Affiliates affiliates relating to the HospitalBusiness or Assets, which books and records, records are retained by Seller and which relate to transactions or events contemplated by this Agreement occurring prior to the Closing, to the maximum extent permitted by law. For a period of three (3) five years after the Closing, Seller agrees that, prior to the destruction or disposition of any such books or records, Seller shall provide not less than forty-five (45) days', nor more than ninety (90) days' ', prior written notice to Buyer of such proposed destruction or disposal. If Buyer desires to obtain any such documentsdocuments or records, it may do so by notifying Seller in writing at any time prior to the date scheduled for such destruction or disposal. In such event, Seller shall not destroy such documents or records and the parties shall then promptly arrange for the delivery of such documents or records to Buyer, its successors or assigns. All out-of-pocket costs associated with the delivery of the requested documents or records shall be paid by Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Capstone Pharmacy Services Inc)

Following the Closing. Seller shall permit Buyer and its representatives (including, without limitation, their counsel and auditors), during normal business hours, and upon appropriate advance notice, to have reasonable access to, and examine and make copies of, all books and records of Seller and its Affiliates affiliates relating to the Hospital, Related Assets, or the other Assets, which books and records, are retained by Seller and which relate to transactions or events contemplated by this Agreement occurring prior to the Closing, to the maximum extent permitted by law. For a period of three (3) years after the Closing, Seller agrees that, prior to the destruction or disposition of any such books or records, Seller shall provide not less than forty-five (45) days', nor more than ninety (90) days' prior written notice to Buyer of such proposed destruction or disposal. If Buyer desires to obtain any such documents, it may do so by notifying Seller in writing at any time prior to the date scheduled for such destruction or disposal. In such event, Seller shall not destroy such documents and the parties shall then promptly arrange for the delivery of such documents to Buyer, its successors or assigns. All out-of-pocket costs associated with the delivery of the requested documents shall be paid by Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (New American Healthcare Corp)

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Following the Closing. Seller shall permit Buyer and its representatives (including, without limitation, their counsel counsel, accountants and auditors), during normal business hours, to have reasonable access to, and examine and make copies of, all books and records of Seller and its Affiliates relating to the HospitalCompany, which books and records, records are retained by Seller if any, and which relate to transactions or events contemplated by this Agreement occurring prior to the Closing, to the maximum extent permitted by law. For a period of three seven (37) years after the Closing, Seller agrees that, prior to the destruction or disposition of any such books or records, Seller shall provide not less than forty-five (45) days', nor more than ninety (90) days' prior written notice to Buyer of such proposed destruction or disposal. If Buyer desires to obtain any such documents, it may do so by notifying Seller in writing at any time prior to the date scheduled for such destruction or disposal. In such event, Seller shall not destroy such documents and the parties shall then promptly arrange for the delivery of such documents to Buyer, its successors or assigns. All out-of-pocket costs associated with the delivery of the requested documents shall be paid by Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (New American Healthcare Corp)

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