Common use of Observance of Operations of the Business Clause in Contracts

Observance of Operations of the Business. From the date hereof until the Closing Date, Parent may, at its election, without unduly interfering with the management or operations of the Company, have a reasonable number of representatives at the facilities of the Company and its Subsidiaries to observe and consult with representatives of the Company and its Subsidiaries with respect to the management of the operations of the Company. Notwithstanding anything in this Agreement to the contrary, all rights of Parent or its representatives to access to or inspection of such business operations of the Company or to obtain information with respect to the Company pursuant to Sections 5.1, 5.9 and 5.18 shall be effected solely through the representatives of the Company set forth on the Disclosure Memorandum with specific reference to this Section and shall be subject to the right of a representative of the Company to accompany Parent or its representative in connection therewith.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Arrow Electronics Inc), Agreement and Plan of Merger (Arrow Electronics Inc), Agreement and Plan of Merger (Richey Electronics Inc)

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