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, Purchaser may, at its election, have a reasonable number of representatives (which shall be employees of Purchaser or existing consultants of Purchaser who are acting as such in connection with this Agreement) at the facilities of Seller and its subsidiaries to observe and consult with representatives of Seller and its subsidiaries with respect to the management of the operations of the Business, except as otherwise provided in Section 8(b). Notwithstanding anything in this Agreement to the contrary, all rights of Purchaser or its representatives to access to or inspection of the Business or to obtain information with respect to the Business pursuant to Sections 8(a), 8(b), 9(c) and 9(e) shall be effected solely through Gordxx Xxxxxx, Xxacx Xxxxxxx xx such other persons as may be mutually agreed by the parties hereto and shall be subject to the right of a representative of Seller to accompany Purchaser or its representative in connection therewith.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Bell Industries Inc /New/), Agreement of Purchase (Arrow Electronics Inc)

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Observance of Operations of the Business. From the date hereof until the Closing Date, Purchaser may, at its election, have a reasonable number of representatives (which shall be employees of Purchaser or existing consultants of Purchaser who are acting as such in connection with this Agreement) at the facilities of Seller and its subsidiaries to observe and consult with representatives of Seller and its subsidiaries with respect to the management of the operations of the Business, except as otherwise provided in Section 8(b). Notwithstanding anything in this Agreement to the contrary, all rights of Purchaser or its representatives to access to or inspection of the Business or to obtain information with respect to the Business pursuant to Sections 8(a), 8(b), 9(c) and 9(e) shall be effected solely through Gordxx Xxxxxx Xxxxxx, Xxacx Xxxxx Xxxxxxx xx or such other persons as may be mutually agreed by the parties hereto and shall be subject to the right of a representative of Seller to accompany Purchaser or its representative in connection therewith.

Appears in 2 contracts

Samples: Agreement of Purchase (Arrow Electronics Inc), Agreement of Purchase (Arrow Electronics Inc)

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