Other Assets and Properties. All other Assets and Properties of Seller (or its applicable subsidiaries) used or held for use in connection with the Business except as otherwise provided in Section 1(b) (the "Other Assets"). To the extent any of the Business Books and Records are items susceptible to duplication and are either (x) used in connection with any of Seller's businesses other than the Business or (y) are required by any law, rule or regulation to be retained by Seller, Seller may deliver photostatic copies or other reproductions from which, in the case of Business Books and Records referred to in clause (x), information solely concerning Seller's businesses other than the Business has been deleted. To the extent any of the Business Books and Records relates to the Remaining Businesses, Purchaser will afford the other party, its counsel and its accountants, during normal business hours, reasonable access to such Business Books and Records and the right to make copies and extracts therefrom. Further, Purchaser agrees for a period extending six (6) years after the Closing Date not to destroy or otherwise dispose of any such Business Books and Records unless Purchaser shall first offer in writing to surrender such Business Books and Records to Seller and Seller shall not agree in writing to take possession thereof during the ten (10) day period after such offer is made.
Appears in 4 contracts
Samples: Agreement of Purchase and Sale (Bell Industries Inc /New/), Agreement of Purchase and Sale (Arrow Electronics Inc), Purchase Agreement (Arrow Electronics Inc)