Post-Closing Retention of Records Sample Clauses

Post-Closing Retention of Records. For a period of not less than four (4) years after the Closing Date, the Buyer shall preserve and retain all corporate, accounting, legal, auditing and other books and records pertaining to the Acquired Assets; provided, however, such four (4) year period shall be extended in the event that any Proceeding has been commenced or is pending or Threatened at the expiration of such four (4) year period and such extension shall continue until any such Proceeding has been settled or resolved with finality or is no longer pending or Threatened. Notwithstanding the foregoing, the Buyer may discard or destroy any of such books and records prior to the end of such four (4) year period or period of extension if the Buyer has given the Seller at least sixty (60) days prior written notice of the Buyer's intent to discard or destroy such books and records and has given the Seller the opportunity to take possession of any or all of such books and records within said sixty (60) day period. The Buyer shall afford the Seller and its representatives reasonable access during normal business hours to, and the right to make copies of, all such books and records, for any legitimate purpose (including, without limitation, in connection with the preparation, documentation and/or handling of any financial statements, tax returns, tax audits, reports to governmental or regulatory agencies, litigation, disputes, claims or controversies).
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Post-Closing Retention of Records. For a period of not less than six years after the Closing Date, KIAC shall preserve and retain all books and records received from Sellers pertaining to the Purchased Assets; provided, however, such six-year period shall be extended in the event that any proceeding has been commenced or is pending or threatened at the expiration of such six-year period and such extension shall continue until any such proceeding has been settled or resolved with finality or is no longer pending or threatened. Notwithstanding the foregoing, KIAC may at any time after three years from the Closing Date discard or destroy any of such books and records; provided, that it has given Sellers at least 60 days prior written notice of KIAC's intent to discard or destroy such books and records and has given Sellers the opportunity to take possession of any or all of such books and records within such sixty-day period. Purchaser shall afford each Seller and its representatives reasonable access during normal business hours to, and the right to make copies of, all such books and records, for any legitimate business purpose (including, without limitation, in connection with the preparation, documentation and/or handling of any financial statements, tax returns, tax audits, reports to governmental or regulatory agencies, litigation, disputes, claims or controversies); provided, however, that any such access shall be arrange so as not to unreasonably disrupt the operations of KIAC and its Affiliates.
Sample 1
Post-Closing Retention of Records. For a period of not less than six (6) years after the Closing Date, Kellstrom shall preserve and retain all corporate, accounting, legal, xxxxx xxd other books and records pertaining to the Purchased Assets; provided, however, such six (6) year period shall be extended in the event that any proceeding has been commenced or is pending or Threatened at the expiration of such six (6) year period and such extension shall continue until any such proceeding has been settled or resolved with finality or is no longer pending or Threatened. Notwithstanding the foregoing, Kellstrom may at any time after three (3) years from the Closing Date xxxxxxx or destroy any of such books and records prior to the end of such six (6) year period or period of extension if it has given AVS and the Company at least sixty (60) days prior written notice of Kellstrom's intent to discard or destroy such books and records and hxx xxxxx XXS and the Company the opportunity to take possession of any or all of such books and records within said sixty (60) day period. Kellstrom shall afford each of AVS and their representatives reasonabxx xxxxxx during normal business hours to, and the right to make copies of, all such books and records, for any legitimate purpose (including, without limitation, in connection with the preparation, documentation and/or handling of any financial statements, tax returns, tax audits, reports to governmental or regulatory agencies, litigation, disputes, claims or controversies); provided, however, that any such access shall be arranged so as not to interfere unreasonably with the business and operations of Kellstrom and its Affiliates.
Sample 1

Related to Post-Closing Retention of Records

  • Retention of Records The Contractor and its subcontractors shall maintain all records pertinent to this Agreement, and all other financial, statistical, property, participant records, and supporting documentation for a period of no less than seven (7) years from the later of the date of acceptance of the final payment or until all audit findings have been resolved. If any litigation, claim, negotiation, audit or other action involving the records has been started before the expiration of the retention period, the records shall be retained until completion of the action and resolution of all issues which arise from it, or until the end of the seven (7) years, whichever is later, and until any outstanding litigation, audit, or claim has been fully resolved.

  • Inspection and Retention of Records In addition to any other requirement under this Agreement or at law, Party must fulfill all state and federal legal requirements, and will comply with all requests appropriate to enable the Agency of Human Services, the U.S. Department of Health and Human Services (along with its Inspector General and the Centers for Medicare and Medicaid Services), the Comptroller General, the Government Accounting Office, or any of their designees: (i) to evaluate through inspection or other means the quality, appropriateness, and timeliness of services performed under this Agreement; and (ii) to inspect and audit any records, financial data, contracts, computer or other electronic systems of Party relating to the performance of services under Vermont’s Medicaid program and Vermont’s Global Commitment to Health Waiver. Party will retain for ten years all documents required to be retained pursuant to 42 CFR 438.3(u).

  • Access and Retention of Records County agrees to provide the State Arresting Agencies, the Legislative Auditor, or their authorized agents with access to any records necessary to determine contract compliance. County agrees to create and retain records supporting the services rendered for a period of eight years after either the completion date of the Agreement or the conclusion of any claim, litigation, or exception relating to the Agreement taken by the State of Montana or third party.

  • Retention of Records; Access 7.01 For so long as the contents thereof may become material in the administration of any matter under applicable Tax Law, but in any event until the later of (i) the expiration of any applicable statutes of limitation and (ii) seven years after the Closing Date, the Parties shall (a) retain records, documents, accounting data and other information (including computer data and the systems necessary to access such data) necessary for the preparation and filing of all Tax Returns in respect of Taxes of any member of the CCE Group or the Splitco Group or for any Tax Contests relating to such Tax Returns, and (b) give to the other Parties reasonable access to such records, documents, accounting data and other information (including computer data) and to its personnel (insuring their cooperation), systems and premises, for the purpose of the review or audit of such Tax Returns to the extent relevant to an obligation or liability of a Party under this Agreement or for purposes of the preparation or filing of any such Tax Return, the conduct of any Tax Contest or any other matter reasonably and in good faith related to the Tax affairs of the requesting Party. At any time after the Closing Date that TCCC or Splitco proposes to destroy such material or information, it shall first notify the other Party in writing and such other Party shall be entitled to receive such materials or information proposed to be destroyed.

  • Retention of Records and Audit A. The Contractor shall maintain all financial data, supporting documents, and all other records relating to performance and billing under this Agreement for a period in accordance with state and federal law, a minimum retention period being no less than four (4) years after final payment under this Agreement. B. The Contractor shall permit the authorized representative of the Judicial Council or its designee or both at any reasonable time to inspect or audit all data relating to performance and billing to the Judicial Council under this Agreement. Without limiting the foregoing, this Agreement is subject to examinations and audit by the State Auditor for a period of three years after final payment.

  • Location of Records The offices where the initial Servicer keeps all of its records relating to the servicing of the Pool Receivables are located at Xxx XXX Xxxxxx, Xxxxxxx, XX 00000.

  • Maintenance Retention and Audit of Records The Bank shall maintain all books, documents, papers, accounting records and other evidence pertaining to costs incurred and services provided pursuant to this Agreement, and shall make such information available at its office during the Purchase Period and for four years from the date of final payment of Reimbursement Obligations under this Agreement, until completion of all audits, or until pending litigation has been completely and fully resolved, whichever occurs last.

  • RETENTION AND AUDIT OF RECORDS CONTRACTOR shall retain records pertinent to this Agreement for a period of not less than five (5) years after final payment under this Agreement or until a final audit report is accepted by COUNTY, whichever occurs first. CONTRACTOR hereby agrees to be subject to the examination and audit by the Santa Xxxx County Auditor-Controller, the Auditor General of the State of California, or the designee of either for a period of five (5) years after final payment under this Agreement.

  • Return of Records BISYS may at its option at any time, and shall promptly upon the Trust's demand, turn over to the Trust and cease to retain BISYS' files, records and documents created and maintained by BISYS pursuant to this Agreement which are no longer needed by BISYS in the performance of its services or for its legal protection. If not so turned over to the Trust, such documents and records will be retained by BISYS for six years from the year of creation. At the end of such six-year period, such records and documents will be turned over to the Trust unless the Trust authorizes in writing the destruction of such records and documents.

  • RECORD RETENTION AND ACCESS TO RECORDS Provided Contractor is given reasonable advance written notice and such inspection is made during normal business hours of Contractor, the State or any duly authorized representatives shall have unimpeded, prompt access to any of Contractor’s books, documents, papers, and/or records which are maintained or produced as a result of the project for the purpose of making audits, examinations, excerpts, and transcriptions. All records related to this agreement shall be retained by Contractor for three (3) years after final payment is made under this agreement and all pending matters are closed; however, if any audit, litigation or other action arising out of or related in any way to this project is commenced before the end of the three (3) year period, the records shall be retained for one (1) year after all issues arising out of the action are finally resolved or until the end of the three (3) year period, whichever is later.

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