Pharmacies Closing Clause Samples

Pharmacies Closing. On the evening prior to the Date of Inventory, Seller shall close the Pharmacies and cease operation of the Business (the “Pharmacy Closure”) and the Pharmacies and Business shall remain closed thereafter, except as otherwise required to comply with the obligations of the Equity Holder and the Seller under this Agreement (including the receipt and transfer of the 340B Replenishment and Released Inventory), or applicable Law. Seller shall, on or prior to the thirtieth (30th) day after the Date of True-Up Inventory, remove all interior and exterior signage in reference to the Pharmacies, subject to the requirements of the lease related thereto. The terms and provisions of this Section 4(a) shall survive the Closing. Buyer agrees that, from and after the date hereof, Buyer will, and will cause its Affiliates to, provide information regarding Buyer and its Affiliates and their pharmacies reasonably requested by Seller to provide applicable governmental authorities with information required in order for Seller to meet its regulatory obligations, including but not limited to information required for filings related to discontinuance of pharmacy operations in accordance with Law.