Common use of Preservation of Records Clause in Contracts

Preservation of Records. The Seller and the Purchaser agree that each of them shall preserve and keep the records held by it relating to the business of the Company for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller or the Purchaser or any of their Affiliates or in order to enable the Seller or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 6 contracts

Samples: Stock Purchase Agreement (IBC Equity Holdings), Stock Purchase Agreement (Thalia Woods Management, Inc.), Stock Purchase Agreement (CP US Income Group, LLC)

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Preservation of Records. The Seller Sellers and the Purchaser agree that each of them shall preserve and keep the records held by it relating to the business of the Company for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller Sellers or the Purchaser or any of their Affiliates or in order to enable the Seller Sellers or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 4 contracts

Samples: Share Purchase Agreement (Single Touch Systems Inc), Stock Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (National Investment Managers Inc.)

Preservation of Records. The Seller Company and the Purchaser agree that each of them shall preserve and keep the records held by it relating to the business of the Company and its Subsidiaries for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller Company or the Purchaser or any of their Affiliates affiliates or in order to enable the Seller Company or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 2 contracts

Samples: Agreement and Plan of Amalgamation (Thomas Equipment, Inc.), Agreement and Plan of Amalgamation (Maxim Mortgage Corp/)

Preservation of Records. The Seller and the Purchaser Buyer agree that each of them shall preserve and keep the records held by it relating to the business of the Company for a period of three seven years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings Legal Proceedings against or governmental investigations of the Seller Seller, the Company or the Purchaser Buyer or any of their Affiliates or in order to enable the Seller Seller, the Company or the Purchaser Buyer to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or therebyhereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Detection Systems Inc), Stock Purchase Agreement (Numerex Corp /Pa/)

Preservation of Records. The Seller Sellers and the Purchaser Buyer agree that each of them shall preserve and keep the records held by it or their respective Affiliates relating to the business of the Company Purchased Assets for a period of three (3) years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings Legal Proceedings or Tax audits against or governmental investigations of the Seller Sellers or the Purchaser Buyer or any of their Affiliates or in order to enable the Seller Sellers or the Purchaser Buyer to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement

Preservation of Records. The Seller and the Purchaser agree that each of them shall (and shall cause the Company to) preserve and keep the records held by it them relating to the business respective businesses of the Company for a period of three six years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings Proceedings against or governmental investigations of Seller, the Seller Company, or the Purchaser or any of their Affiliates or in order to enable the Seller or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Preferred Voice Inc)

Preservation of Records. The Seller and the Purchaser Buyer agree that each of them shall preserve and keep the records held by it or their Affiliates relating to the business of the Company Business for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by any such party Party in connection with, among other things, any insurance claims by, legal proceedings Actions against or governmental investigations of the Seller or the Purchaser Buyer or any of their Affiliates or in order to enable the Seller or the Purchaser Buyer to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (theMaven, Inc.)

Preservation of Records. The Seller and the Purchaser Buyer agree that each of them shall preserve and keep the records held by it them or their Affiliates relating to the business of the Company Forming Business for a period of three seven (7) years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings or tax audits against or governmental investigations of the Seller or the Purchaser Buyer or any of their Affiliates respective Affiliates, any evaluation of any claim for indemnification hereunder or in order to enable the Seller or the Purchaser Buyer to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or therebyTransaction Document.

Appears in 1 contract

Samples: Stock Purchase Agreement (Rti International Metals Inc)

Preservation of Records. The Seller and the Purchaser Purchasers agree that each of them shall preserve and keep the records held by it relating to the business of the Company for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller or the Purchaser Purchasers or any of their Affiliates or in order to enable the Seller or the Purchaser Purchasers to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eclips Energy Technologies, Inc.)

Preservation of Records. The Seller and the Purchaser agree that each of them shall preserve and keep the records held by it relating to the business of the Company Companies for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller or the Purchaser or any of their Affiliates or in order to enable the Seller or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Heartland, Inc.)

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Preservation of Records. The Seller and the Purchaser Buyer agree that each of them shall preserve and keep the records held by it them or their Affiliates after the Closing relating to the business of the Company Business for a period of three five (5) years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller or the Purchaser Buyer or any of their Affiliates or in order to enable the Seller or the Purchaser Buyer to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 1 contract

Samples: Asset Purchase Agreement (KMG Chemicals Inc)

Preservation of Records. The Seller Company and the Purchaser agree that each of them shall preserve and keep the records held by it relating to the business of the Company and its Subsidiaries and the Purchaser for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller Company or the Purchaser or any of their Affiliates affiliates or in order to enable the Seller Company or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 1 contract

Samples: Stock Purchase Agreement (Digicorp)

Preservation of Records. The Seller and the Purchaser agree that each of them shall preserve and keep the records held by it relating to the business of the Company and the Subsidiaries for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller or the Purchaser or any of their Affiliates or in order to enable the Seller or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 1 contract

Samples: Stock Exchange Agreement and Plan of Reorganization (Zulu Energy Corp.)

Preservation of Records. The Seller Sellers and the Purchaser agree that each of them shall preserve and keep the records held by it or their Affiliates relating to the business of the Company Business for a period of three seven (7) years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller Sellers or the Purchaser or any of their Affiliates or in order to enable the Seller Sellers or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.or

Appears in 1 contract

Samples: Asset Purchase Agreement (Aaipharma Inc)

Preservation of Records. The Seller Sellers and the Purchaser agree that each of them shall preserve and keep the records held by it relating to the business of the Company Companies for a period of three years from the Closing Date and shall make such records and personnel available to the other as may be reasonably required by such party in connection with, among other things, any insurance claims by, legal proceedings against or governmental investigations of the Seller Sellers or the Purchaser or any of their Affiliates or in order to enable the Seller Sellers or the Purchaser to comply with their respective obligations under this Agreement and each other agreement, document or instrument contemplated hereby or thereby.

Appears in 1 contract

Samples: Securities Purchase Agreement (Axcess Medical Imaging Corp)

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