Provision of Corporate Records. As soon as practicable after the Separation Date, Forest shall use reasonable best efforts to deliver or cause to be delivered to Lone Pine all Lone Pine Books and Records in the possession of Forest or any member of the Forest Group, and Lone Pine shall use reasonable best efforts to deliver or cause to be delivered to Forest all Forest Books and Records in the possession of Lone Pine or any member of the Lone Pine Group. The foregoing shall be limited by the following: (a) To the extent any document (including computer files, as applicable) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Book and Record and the other of which constitutes a Forest Book and Record, such document (including computer files, as applicable) shall be so subdivided and the appropriate portions shall be delivered to the parties. (b) In the case of this Section 7.3, “reasonable best efforts” shall require only deliveries of (i) specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified by either party in the ordinary course of business and determined by such party to be material to the other’s business. (c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 information contained in such books and records. (d) Each party may in good faith refuse to furnish any books and records under this Section 7.3 if it reasonably believes in good faith that doing so could materially adversely affect its ability to successfully assert a claim of Privilege. (e) No party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use reasonable best efforts to seek a waiver of or other relief from such confidentiality restriction. (f) Nothing in this Section 7.3 shall affect the rights and obligations of any party to the Tax Sharing Agreement with respect to the sharing of information related to Taxes.
Appears in 3 contracts
Samples: Separation and Distribution Agreement (Lone Pine Resources Inc.), Separation and Distribution Agreement (Lone Pine Resources Inc.), Separation and Distribution Agreement (Lone Pine Resources Inc.)
Provision of Corporate Records. As Except as contemplated by Sections 3.4 and 3.5, as soon as practicable after the Separation Date, Forest subject to the provisions of this Section 8.3 and the provisions of Section 6.2 of the Transition Services Agreements, Halliburton shall use reasonable best efforts to deliver or cause to be delivered to Lone Pine KBR all Lone Pine KBR Books and Records in the possession of Forest Halliburton or any member of the Forest Halliburton Group, and Lone Pine KBR shall use reasonable best efforts to deliver or cause to be delivered to Forest Halliburton all Forest Halliburton Books and Records in the possession of Lone Pine KBR or any member of the Lone Pine KBR Group. The foregoing shall be limited by the following:
(a) To the extent any document (including computer files, as applicable) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine KBR Book and Record and the other of which constitutes a Forest Halliburton Book and Record, such document (including computer files, as applicable) shall be so subdivided and the appropriate portions shall be delivered to the parties.
(b) In the case of this Section 7.38.3, “reasonable best efforts” shall require only deliveries of (i) specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified by either party in the ordinary course of business and determined by such party to be material to the other’s business.
(c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 8.11 information contained in such books and records.
(d) Each party may in good faith refuse to furnish any books and records under this Section 7.3 8.3 if it reasonably believes in good faith that doing so could materially adversely affect its ability to successfully assert a claim of Privilege.
(e) No Neither party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use reasonable best efforts to seek a waiver of or other relief from such confidentiality restriction.
(f) Nothing in this Section 7.3 8.3 shall affect the rights and obligations of any party to the Tax Sharing Agreement with respect to the sharing of information related to Taxes.
Appears in 3 contracts
Samples: Master Separation Agreement (Halliburton Co), Master Separation Agreement (Kbr, Inc.), Master Separation Agreement (Kbr, Inc.)
Provision of Corporate Records. As soon as practicable after the Separation Distribution Date, Forest subject to the provisions of this Section 6.3, and subject to the provisions of the Transition Services Agreement, Noble shall use commercially reasonable best efforts to deliver or make available for Paragon to take possession of or cause to be delivered to Lone Pine Paragon all Lone Pine Paragon Books and Records in the possession of Forest Noble or any member of the Forest Groupits Subsidiaries, and Lone Pine Paragon shall use all commercially reasonable best efforts to deliver or make available for Noble to take possession of or cause to be delivered to Forest Noble all Forest Noble Books and Records in the possession of Lone Pine Paragon or any member of its Subsidiaries. All such book and records delivered or made available under this Section 6.3 shall be in the Lone Pine Groupform and media existing on the Distribution Date. The foregoing shall be limited by by, and subject to, the following:
(a) To For purposes of this Section 6.3, “commercially reasonable efforts” shall require only deliveries of specific and discrete books and records or a reasonably limited class of items requested by the extent any document (including computer files, as applicable) other Party that can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Paragon Book and Record and the other of which constitutes a Forest Noble Book and Record. To the extent any book or record cannot be so separated without unreasonable effort or cost, such document (including computer files, as applicablei) there shall be so subdivided no delivery requirement under this Section 6.3 (although Paragon may request access to such book or record in accordance with Section 6.4), (ii) Noble shall retain such book and record and (iii) Paragon may request that any Paragon Book and Record be copied if Paragon reimburses Noble for the appropriate portions shall be delivered to reasonable out-of-pocket costs, if any, of creating, gathering and copying such books and records, including the partiescosts of having a third party perform such creating, gathering and copying.
(b) In the case of this Section 7.3, “reasonable best efforts” shall require only deliveries of (i) specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified by either party in the ordinary course of business and determined by such party to be material to the other’s business.
(c) Each party Party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 6.10 information contained in such books and records.
(dc) Each party Party may in good faith refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its ability result in a waiver of any Privilege with respect to successfully assert a claim of Privilegethird party even if Paragon and Noble cooperated to protect such Privilege as contemplated by this Agreement.
(ed) No party Neither Party shall be required to deliver or make available to the other parties books and records or portions thereof which are subject to any applicable Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by one Party, the other party, such party Party shall use its commercially reasonable best efforts to seek a waiver of or other relief from any such confidentiality restriction.
(fe) Nothing in this Section 7.3 shall affect To the rights extent any Noble Books and obligations of any party Records or Paragon Books and Records are subject to restrictions or limitations set forth the Employee Matters Agreement or the Tax Sharing Agreement with respect Agreement, such restrictions and limitations shall apply to the sharing such Noble Books and Records or Paragon Books and Records, notwithstanding any provisions of information related to Taxesthis Agreement.
Appears in 3 contracts
Samples: Master Separation Agreement, Master Separation Agreement (Noble Corp PLC), Master Separation Agreement (Paragon Offshore Ltd.)
Provision of Corporate Records. As soon as practicable after the Separation IPO Closing Date, Forest subject to the provisions of this Section 7.3, and subject to the provisions of the Transition Services Agreement, Transocean shall use all reasonable best commercial efforts to deliver or cause to be delivered to Lone Pine TODCO all Lone Pine TODCO Books and Records in the possession of Forest Transocean or any member of the Forest Groupits Subsidiaries, and Lone Pine TODCO shall use all reasonable best commercial efforts to deliver or cause to be delivered to Forest Transocean all Forest Transocean Books and Records in the possession of Lone Pine TODCO or any member of the Lone Pine Groupits Subsidiaries. The foregoing shall be limited by the following:
(a) To the extent any document (including computer files, as applicabletape) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine an TODCO Book and Record and the other of which constitutes a Forest Transocean Book and Record, such document (including computer files, as applicabletape) shall be so subdivided and the appropriate portions shall be delivered to the parties.
(b) In the case of this Section 7.3, “reasonable best Reasonable commercial efforts” " shall require only deliveries of (i) specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified by either party in the ordinary course of business and determined by such party to be material to the other’s 's business.
(c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 7.13 information contained in such books and records.
(d) Each party may in good faith refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its ability to successfully assert a claim of Privilege.
(e) No Neither party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use its reasonable best commercial efforts to seek a waiver of or other relief from such confidentiality restriction.
(f) Nothing in this Section 7.3 shall affect the rights and obligations of any party to the Tax Sharing Agreement with respect to the sharing of information related to Taxes.
Appears in 2 contracts
Samples: Master Separation Agreement (Transocean Inc), Master Separation Agreement (Todco)
Provision of Corporate Records. (a) As soon as practicable after the Separation Closing Date, Forest as permitted by Law, Seller shall use its reasonable best efforts to deliver or cause to be delivered to Lone Pine Buyer all Lone Pine Transferred FH Books and Records then in the possession of Forest Seller or any member of the Forest GroupRetained Subsidiary, and Lone Pine Buyer shall use its reasonable best efforts to deliver or cause to be delivered to Forest Seller all Forest Seller Books and Records then in the possession of Lone Pine any Transferred FH Company or any member of the Lone Pine Groupits Closing Subsidiaries. The foregoing shall be limited by the followingfollowing specific provisions:
(ai) To the extent any document (including computer files, as applicableother than that stored on electronic media) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Transferred FH Book and Record and the other of which constitutes a Forest Seller Book and Record, such document (including computer files, as applicableother than that stored on electronic media) shall be so subdivided sub-divided, and the appropriate portions original of the portion such document (other than that stored on electronic media) which constitutes a Transferred FH Book and Record shall be delivered provided to Buyer (with a copy thereof provided to Seller) and the partiesoriginal of the portion such document (other than that stored on electronic media) shall constitute a Seller Book and Record.
(bii) In the case For purposes of this Section 7.35.6, “reasonable best efforts” shall require only require, without limitation, deliveries of (i) any such specific and discrete books and records or a reasonably limited class requested in writing by either party and then in the possession of items requested by the other party.
(b) Each party and (ii) specific and discrete may retain copies of the books and records identified by of the other already in its possession, and may use such books and records as reasonably required for its normal business purposes, subject to this Agreement and the Transition Services Agreement, and subject to holding in confidence information contained in such books and records in accordance with the requirements and limitations of this Agreement including Section 5.12 and Section 5.13. If either party in has a reasonable concern regarding the ordinary course other party’s use of business such books and determined by records, such party may, upon reasonable prior written notice and at such party’s expense, audit the other party’s use of such books and records at times and in a manner reasonably acceptable to be material to the other’s businessall parties.
(c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 information contained in such books and records.
(d) Each party may in good faith refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its presents, based on advice of counsel (which can be inside counsel), a significant risk of loss of the ability to successfully assert a claim of Privilege; provided, that the parties hereto shall cooperate in seeking to find a way to allow disclosure of such information without resulting in a loss of the ability to successfully assert a claim of Privilege.
(ed) No Neither party shall be required to deliver to the other parties books and records or portions thereof (i) if such delivery would violate any applicable Law or (ii) which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use its reasonable best efforts to seek a waiver of or other relief from such confidentiality restriction.
(e) Seller may redact any Information covered by this Section 5.6 as and to the extent such Information relates to the Excluded Businesses, the Excluded Assets or the Retained Liabilities.
(f) Nothing in Buyer may redact any Information covered by this Section 7.3 shall affect the rights 5.6 as and obligations of any party to the Tax Sharing Agreement with respect extent such Information relates to Buyer’s business, assets or liabilities other than the sharing of information related to TaxesTransferred FH Companies and their Closing Subsidiaries, the FH Assets and the Assumed Liabilities.
Appears in 2 contracts
Samples: Purchase Agreement (Circor International Inc), Purchase Agreement (Colfax CORP)
Provision of Corporate Records. As soon as practicable after the Separation Closing Date, Forest DuPont shall use its commercially reasonable best efforts to deliver or cause to be delivered to Lone Pine Buyer all Lone Pine DPC Books and Records then in the possession of Forest DuPont or any member of the Forest GroupRetained Subsidiary, and Lone Pine Buyer shall use its commercially reasonable best efforts to deliver or cause to be delivered to Forest DuPont all Forest DuPont Books and Records then in the possession of Lone Pine or any member of the Lone Pine GroupTransferred Business Company. The foregoing shall be limited by the followingfollowing specific provisions:
(ai) To the extent any document (including computer files, as applicabletape) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine DPC Book and Record and the other of which constitutes a Forest DuPont Book and Record, such document (including computer files, as applicabletape) shall be so subdivided sub-divided, and the appropriate portions original of the portion such document (including computer tape) which constitutes a DPC Book and Record shall be delivered provided to Buyer (with a copy thereof provided to DuPont) and the partiesoriginal of the portion such document (including computer tape) which constitutes a DuPont Book and Record shall be provided to DuPont (with a copy thereof provided to Buyer).
(bii) In the case Neither party shall be required to conduct any company-wide search or investigation of this Section 7.3files.
(iii) Commercially reasonable efforts" shall require, “reasonable best efforts” shall require only without limitation, deliveries of (i) any such specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified in writing by either party in the ordinary course of business and determined by such party to be material to the other’s businessparty.
(civ) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 5.15 hereof information contained in such books and records.
(dv) Each party may in good faith refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its presents, based on an opinion of counsel (which can be inside counsel), a significant risk of loss of the ability to successfully assert a claim of Privilege; PROVIDED that the parties hereto shall cooperate in seeking to find a way to allow disclosure of such information without resulting in a loss of the ability to successfully assert a claim of privilege.
(evi) No Neither party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; providedPROVIDED, howeverHOWEVER, that if requested by the other party, such party shall use its commercially reasonable best efforts to seek a waiver of or other relief from such confidentiality restriction.
(fvii) Nothing in DuPont may redact any Information covered by this Section 7.3 shall affect the rights 5.6 as and obligations of any party to the Tax Sharing Agreement with respect extent such Information relates to the sharing of information related Retained Business, the Excluded Assets or the Retained Liabilities.
(viii) Buyer may redact any Information covered by this Section 5.6 as and to Taxesthe extent such Information relates to Buyer's business, assets or liabilities other than the Transferred Business Companies, the Transferred Assets and the Assumed Liabilities.
Appears in 1 contract
Provision of Corporate Records. As soon as practicable after the Separation Effective Date, Forest shall DuPont shall, subject to the provisions of this Section 8.1, use all reasonable best commercial efforts to deliver or cause to be delivered to Lone Pine Conoco all Lone Pine Conoco Books and Records in the possession of Forest DuPont or any member of the Forest Group, Retained Subsidiary and Lone Pine Conoco shall use all reasonable best commercial efforts to deliver or cause to be delivered to Forest DuPont all Forest DuPont Books and Records in the possession of Lone Pine Conoco or any member of the Lone Pine GroupTransferred Business Company. The foregoing shall be limited by the followingfollowing specific provisions:
(ai) To the extent any document (including computer files, as applicabletape) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Conoco Book and Record and the other of which constitutes a Forest DuPont Book and Record, such document (including computer files, as applicabletape) shall be so subdivided sub-divided and the appropriate portions shall be delivered to the parties.
(bii) In the case Neither party shall be required to conduct any general search or investigation of this Section 7.3, “reasonable best its files.
(iii) Reasonable commercial efforts” " shall require only deliveries of (ia) specific and discrete books and records or a reasonably limited class of items requested by the other party and (iib) specific and discrete books and records identified by either party in the ordinary course of business and determined by such party in which it determines to be material to the other’s 's business.
(civ) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 8.5 hereof information contained in such books and records.
(dv) Each party may in good faith refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its ability to successfully assert a claim of Privilege.
(evi) No party Neither Party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use its reasonable best commercial efforts to seek a waiver of or other relief from such confidentiality restriction.
(f) Nothing in this Section 7.3 shall affect the rights and obligations of any party to the Tax Sharing Agreement with respect to the sharing of information related to Taxes.
Appears in 1 contract
Samples: Restructuring, Transfer and Separation Agreement (Conoco Inc /De)
Provision of Corporate Records. As soon as practicable after the Separation Effective Date, Forest Parent shall use reasonable best efforts to deliver or cause to be delivered to Lone Pine Enova all Lone Pine Enova Books and Records in the possession of Forest Parent or any member of the Forest GroupParent Group not previously delivered to Enova, and Lone Pine Enova shall use reasonable best efforts to deliver or cause to be delivered to Forest Parent all Forest Parent Books and Records in the possession of Lone Pine Enova or any member of the Lone Pine GroupEnova Group not previously delivered to Parent. The foregoing shall be limited by the following:
(a) To the extent any document (including computer files, as applicable) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine an Enova Book and Record and the other of which constitutes a Forest Parent Book and Record, such document (including computer files, as applicable) shall be so subdivided and the appropriate portions shall be delivered to the parties.
(b) In the case of this Section 7.36.3, “reasonable best efforts” shall require only deliveries of (i) specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified by either a party in the ordinary course of business and determined by such party to be material to the otherother party’s business.
(c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 information 6.9 Information contained in such books and recordsrecords and in such a manner consistent with the retention of the other party’s books and records prior to the Effective Date.
(d) Each party may in good faith refuse to furnish any books and records under this Section 7.3 6.3 if it reasonably believes in good faith that doing so could materially adversely affect its ability to successfully assert a claim of Privilege.
(e) No party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use reasonable best efforts to seek a waiver of of, or other relief from from, such confidentiality restriction.
(f) Nothing in this Section 7.3 6.3 shall affect the rights and obligations of any party to the Tax Sharing Agreement with respect to the sharing of information related to Taxes.
(g) Prior to a Deconsolidation Event, Parent may retain such Enova Books and Records as it reasonably requires, in its sole discretion, to comply with the terms of, and satisfy its obligations under, the Transaction Agreements.
Appears in 1 contract
Provision of Corporate Records. As soon as practicable after the Separation Effective Date, Forest shall DuPont shall, subject to the provisions of this Section 8.1, use all reasonable best commercial efforts to deliver or cause to be delivered to Lone Pine Conoco all Lone Pine Conoco Books and Records in the possession of Forest DuPont or any member of the Forest Group, Retained Subsidiary and Lone Pine Conoco shall use all reasonable best commercial efforts to deliver or cause to be delivered to Forest DuPont all Forest DuPont Books and Records in the possession of Lone Pine Conoco or any member of the Lone Pine GroupTransferred Business Company. The foregoing shall be limited by the followingfollowing specific provisions:
(ai) To the extent any document (including computer files, as applicabletape) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Conoco Book and Record and the other of which constitutes a Forest DuPont Book and Record, such document docu-
(including computer files, as applicableii) Neither party shall be so subdivided and the appropriate portions shall be delivered required to the partiesconduct any general search or investigation of its files.
(biii) In the case of this Section 7.3, “reasonable best Reasonable commercial efforts” " shall require only deliveries of (ia) specific and discrete books and records or a reasonably limited class of items requested by the other party and (iib) specific and discrete books and records identified by either party in the ordinary course of business and determined by such party in which it determines to be material to the other’s 's business.
(civ) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 8.5 hereof information contained in such books and records.
(dv) Each party may in good faith refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its ability to successfully assert a claim of Privilege.
(evi) No party Neither Party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use its reasonable best commercial efforts to seek a waiver of or other relief from such confidentiality restriction.
(f) Nothing in this Section 7.3 shall affect the rights and obligations of any party to the Tax Sharing Agreement with respect to the sharing of information related to Taxes.
Appears in 1 contract
Samples: Restructuring, Transfer and Separation Agreement (Dupont E I De Nemours & Co)
Provision of Corporate Records. As At Closing or as soon as practicable after the Separation Closing Date, Forest to the extent permitted by Law, SEE shall use reasonable best efforts to deliver or cause to be delivered to Lone Pine Buyer all Lone Pine Transferred Diversey Books and Records then in the possession of Forest SEE or any member of the Forest GroupRetained Subsidiary, and Lone Pine Buyer shall use reasonable best efforts to deliver or cause to be delivered to Forest SEE all Forest SEE Books and Records then in the possession of Lone Pine any Transferred Diversey Company or any member of the Lone Pine Groupits Subsidiaries. The foregoing shall be limited by the followingfollowing specific provisions:
(a) To the extent any document (including computer files, as applicablethat stored on electronic media) can be subdivided (including by copying or summarizing the relevant portions) without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Book portion of the Transferred Diversey Books and Record Records and the other of which constitutes a Forest Book portion of the SEE Books and RecordRecords, such document (including computer files, as applicableother than that stored on electronic media) shall be so subdivided sub-divided (including by copying or summarizing the relevant portions), and the appropriate portions original of the portion of such document (other than that stored on electronic media) which constitutes a portion of the Transferred Diversey Books and Records shall be delivered provided to Buyer (with a copy thereof provided to SEE) and the partiesoriginal of the portion of such document (including that stored on electronic media) which constitutes a portion of the SEE Books and Records shall be provided to SEE.
(b) In the case Neither party shall be required to conduct any unreasonably burdensome company-wide search or investigation of files.
(c) For purposes of this Section 7.35.6, “reasonable best efforts” shall require only require, without limitation, deliveries of (i) any such specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified in writing by either party and then in the ordinary course possession of business and determined by such party to be material to the other’s business.
(c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 information contained in such books and recordsother party.
(d) Each party may retain copies of the books and records of the other already in good faith its possession, and may use such books and records as reasonably required for its normal business, tax, accounting, compliance, and administrative purposes, subject to this Agreement and the Related Agreements, and subject to holding in confidence information contained in such books and records in accordance with the requirements and limitations of this Agreement, including Section 5.11. If either party has a reasonable concern regarding the other party’s use of such books and records, such party may, upon reasonable prior written notice and at such party’s sole cost and expense, audit the other party’s use of such books and records at times and in a manner reasonably acceptable to all parties.
(e) Each party may refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its presents, based on the opinion of counsel (which may be inside counsel), a significant risk of loss of the ability to successfully assert a claim of Privilege; provided that the parties hereto shall cooperate in seeking to find a way to allow disclosure of such information without resulting in a loss of the ability to successfully assert a claim of Privilege.
(ef) No Neither party shall be required to deliver to the other parties books and records or portions thereof (i) if such delivery would violate any applicable Law or (ii) which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use its reasonable best efforts to either (A) deliver such information in a manner (including in a redacted copy) that does not violate applicable Law or (B) seek a waiver of or other relief from such confidentiality restriction, as applicable.
(fg) Nothing in SEE may redact any Information covered by this Section 7.3 shall affect the rights 5.6 as and obligations of any party solely to the Tax Sharing Agreement with respect extent such Information relates to the sharing of information related Excluded Businesses, the Excluded Assets or the Retained Liabilities.
(h) Buyer may redact any Information covered by this Section 5.6 as and solely to Taxesthe extent such Information relates to Buyer’s business, assets or liabilities other than the Transferred Diversey Companies and their Subsidiaries, the Diversey Assets and the Assumed Liabilities.
Appears in 1 contract
Provision of Corporate Records. As soon as practicable after the Separation DateClosing Date and in no event later than 60 days after Closing, Forest as permitted by Law, DuPont shall use its commercially reasonable best efforts to deliver or cause to be delivered to Lone Pine Buyer all Lone Pine Transferred DPC Books and Records then in the possession of Forest DuPont or any member of the Forest GroupRetained Subsidiary, and Lone Pine Buyer shall use its commercially reasonable best efforts to deliver or cause to be delivered to Forest DuPont all Forest DuPont Books and Records then in the possession of Lone Pine any Transferred DPC Company or any member of the Lone Pine Groupits Subsidiaries or any Joint Venture. The foregoing shall be limited by the followingfollowing specific provisions:
(a) To the extent any document (including computer files, as applicableother than that stored on electronic media) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Transferred DPC Book and Record and the other of which constitutes a Forest DuPont Book and Record, such document (including computer files, as applicableother than that stored on electronic media) shall be so subdivided sub-divided, and the appropriate portions original of the portion of such document (other than that stored on electronic media) which constitutes a Transferred DPC Book and Record shall be delivered provided to Buyer (with a copy thereof provided to DuPont) and the partiesoriginal of the portion of such document (other than that stored on electronic media) which constitutes a DuPont Book and Record shall be provided to DuPont (with a copy thereof provided to Buyer).
(b) In the case Neither party shall be required to conduct any company-wide search or investigation of files.
(c) For purposes of this Section 7.35.6, “"commercially reasonable best efforts” " shall require only require, without limitation, deliveries of (i) any such specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified in writing by either party and then in the ordinary course possession of business and determined by such party to be material to the other’s business.
(c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 information contained in such books and recordsother party.
(d) Each party may retain copies of the books and records of the other already in good faith its possession, and may use such books and records as reasonably required for its normal business purposes, subject to this Agreement and the Related Agreements, and subject to holding in confidence information contained in such books and records in accordance with the requirements and limitations of this Agreement including Sections 5.12 and 5.13. If either party has a reasonable concern regarding the other party's use of such books and records, such party may, upon reasonable prior written notice and at such party's expense, audit the other party's use of such books and records at times and in a manner reasonably acceptable to all parties.
(e) Each party may refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its presents, based on an opinion of counsel (which can be inside counsel), a significant risk of loss of the ability to successfully assert a claim of Privilege; provided that the parties hereto shall cooperate in seeking to find a way to allow disclosure of such information without resulting in a loss of the ability to successfully assert a claim of Privilege.
(ef) No Neither party shall be required to deliver to the other parties books and records or portions thereof (i) if such delivery would violate any applicable Law or (ii) which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use its commercially reasonable best efforts to seek a waiver of or other relief from such confidentiality restriction.
(fg) Nothing DuPont may redact any Information covered by this Section 5.6 as and to the extent such Information relates to the Excluded Businesses, the Excluded Assets or the Retained Liabilities; provided that, subject to the other limitations and restrictions in this Section 7.3 5.6, DuPont shall affect the rights and obligations make available to Buyer copies of any party emails relating to the Tax Sharing Agreement with respect DPC Business (other than emails referenced in clause (xiv)(A) of the definition of Excluded Assets) that are Excluded Assets.
(h) Buyer may redact any Information covered by this Section 5.6 as and to the sharing of information related extent such Information relates to TaxesBuyer's business, assets or liabilities other than the Transferred DPC Companies and their Subsidiaries, the DPC Assets and the Assumed Liabilities, in each case, to the extent unrelated to the Excluded Business.
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Provision of Corporate Records. As soon as practicable after the Separation DateClosing Date and in no event later than 60 days after Closing, Forest as permitted by Law, DuPont shall use its commercially reasonable best efforts to deliver or cause to be delivered to Lone Pine Buyer all Lone Pine Transferred DPC Books and Records then in the possession of Forest DuPont or any member of the Forest GroupRetained Subsidiary, and Lone Pine Buyer shall use its commercially reasonable best efforts to deliver or cause to be delivered to Forest DuPont all Forest DuPont Books and Records then in the possession of Lone Pine any Transferred DPC Company or any member of the Lone Pine Groupits Subsidiaries or any Joint Venture. The foregoing shall be limited by the followingfollowing specific provisions:
(a) To the extent any document (including computer files, as applicableother than that stored on electronic media) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Transferred DPC Book and Record and the other of which constitutes a Forest DuPont Book and Record, such document (including computer files, as applicableother than that stored on electronic media) shall be so subdivided sub-divided, and the appropriate portions original of the portion of such document (other than that stored on electronic media) which constitutes a Transferred DPC Book and Record shall be delivered provided to Buyer (with a copy thereof provided to DuPont) and the partiesoriginal of the portion of such document (other than that stored on electronic media) which constitutes a DuPont Book and Record shall be provided to DuPont (with a copy thereof provided to Buyer).
(b) In the case Neither party shall be required to conduct any company-wide search or investigation of files.
(c) For purposes of this Section 7.35.6, “commercially reasonable best efforts” shall require only require, without limitation, deliveries of (i) any such specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified in writing by either party and then in the ordinary course possession of business and determined by such party to be material to the other’s business.
(c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 information contained in such books and recordsother party.
(d) Each party may retain copies of the books and records of the other already in good faith its possession, and may use such books and records as reasonably required for its normal business purposes, subject to this Agreement and the Related Agreements, and subject to holding in confidence information contained in such books and records in accordance with the requirements and limitations of this Agreement including Sections 5.12 and 5.13. If either party has a reasonable concern regarding the other party’s use of such books and records, such party may, upon reasonable prior written notice and at such party’s expense, audit the other party’s use of such books and records at times and in a manner reasonably acceptable to all parties.
(e) Each party may refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its presents, based on an opinion of counsel (which can be inside counsel), a significant risk of loss of the ability to successfully assert a claim of Privilege; provided that the parties hereto shall cooperate in seeking to find a way to allow disclosure of such information without resulting in a loss of the ability to successfully assert a claim of Privilege.
(ef) No Neither party shall be required to deliver to the other parties books and records or portions thereof (i) if such delivery would violate any applicable Law or (ii) which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use its commercially reasonable best efforts to seek a waiver of or other relief from such confidentiality restriction.
(fg) Nothing DuPont may redact any Information covered by this Section 5.6 as and to the extent such Information relates to the Excluded Businesses, the Excluded Assets or the Retained Liabilities; provided that, subject to the other limitations and restrictions in this Section 7.3 5.6, DuPont shall affect the rights and obligations make available to Buyer copies of any party emails relating to the Tax Sharing Agreement with respect DPC Business (other than emails referenced in clause (xiv)(A) of the definition of Excluded Assets) that are Excluded Assets.
(h) Buyer may redact any Information covered by this Section 5.6 as and to the sharing of information related extent such Information relates to TaxesBuyer’s business, assets or liabilities other than the Transferred DPC Companies and their Subsidiaries, the DPC Assets and the Assumed Liabilities, in each case, to the extent unrelated to the Excluded Business.
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Provision of Corporate Records. As soon as practicable ------------------------------ after the Separation Closing Date, Forest DuPont shall use its commercially reasonable best efforts to deliver or cause to be delivered to Lone Pine Buyer all Lone Pine DPC Books and Records then in the possession of Forest DuPont or any member of the Forest GroupRetained Subsidiary, and Lone Pine Buyer shall use its commercially reasonable best efforts to deliver or cause to be delivered to Forest DuPont all Forest DuPont Books and Records then in the possession of Lone Pine or any member of the Lone Pine GroupTransferred Business Company. The foregoing shall be limited by the followingfollowing specific provisions:
(ai) To the extent any document (including computer files, as applicabletape) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine DPC Book and Record and the other of which constitutes a Forest DuPont Book and Record, such document (including computer files, as applicabletape) shall be so subdivided sub-divided, and the appropriate portions original of the portion such document (including computer tape) which constitutes a DPC Book and Record shall be delivered provided to Buyer (with a copy thereof provided to DuPont) and the partiesoriginal of the portion such document (including computer tape) which constitutes a DuPont Book and Record shall be provided to DuPont (with a copy thereof provided to Buyer).
(bii) In the case Neither party shall be required to conduct any company-wide search or investigation of this Section 7.3files.
(iii) Commercially reasonable efforts" shall require, “reasonable best efforts” shall require only without limitation, deliveries of (i) any such specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified in writing by either party in the ordinary course of business and determined by such party to be material to the other’s businessparty.
(civ) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 5.15 hereof information contained in such books and records.
(dv) Each party may in good faith refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its presents, based on an opinion of counsel (which can be inside counsel), a significant risk of loss of the ability to successfully assert a claim of Privilege; provided that the parties hereto shall cooperate in seeking -------- to find a way to allow disclosure of such information without resulting in a loss of the ability to successfully assert a claim of privilege.
(evi) No Neither party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such -------- ------- party shall use its commercially reasonable best efforts to seek a waiver of or other relief from such confidentiality restriction.
(fvii) Nothing in DuPont may redact any Information covered by this Section 7.3 shall affect the rights 5.6 as and obligations of any party to the Tax Sharing Agreement with respect extent such Information relates to the sharing of information related Retained Business, the Excluded Assets or the Retained Liabilities.
(viii) Buyer may redact any Information covered by this Section 5.6 as and to Taxesthe extent such Information relates to Buyer's business, assets or liabilities other than the Transferred Business Companies, the Transferred Assets and the Assumed Liabilities.
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Provision of Corporate Records. As soon as practicable after the Separation Effective Date, Forest Parent shall use reasonable best efforts to deliver or cause to be delivered to Lone Pine Enova all Lone Pine Enova Books and Records in the possession of Forest Parent or any member of the Forest GroupParent Group not previously delivered to Enova, and Lone Pine Enova shall use reasonable best efforts to deliver or cause to be delivered to Forest Parent all Forest Parent Books and Records in the possession of Lone Pine Enova or any member of the Lone Pine GroupEnova Group not previously delivered to Parent. The foregoing shall be limited by the following:
(a) To the extent any document (including computer files, as applicable) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine an Enova Book and Record and the other of which constitutes a Forest Parent Book and Record, such document (including computer files, as applicable) shall be so subdivided and the appropriate portions shall be delivered to the parties.
(b) In the case of this Section 7.36.3, “reasonable best efforts” shall require only deliveries of (i) specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified by either a party in the ordinary course of business and determined by such party to be material to the other’s business.
(c) Each party may retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 information 6.9 Information contained in such books and records.
(d) Each party may in good faith refuse to furnish any books and records under this Section 7.3 6.3 if it reasonably believes in good faith that doing so could materially adversely affect its ability to successfully assert a claim of Privilege.
(e) No party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use reasonable best efforts to seek a waiver of of, or other relief from from, such confidentiality restriction.
(f) Nothing in this Section 7.3 6.3 shall affect the rights and obligations of any party to the Tax Sharing Agreement with respect to the sharing of information related to Taxes.
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Provision of Corporate Records. As soon as practicable after the Separation Effective Date, Forest subject to the provisions of this Section 5.01, AT&T and the Company shall use reasonable best efforts discuss and negotiate in good faith to deliver or cause agree to be delivered a plan to Lone Pine transition (i) to the Company all Lone Pine Company Books and Records in the possession of Forest AT&T or any member of the Forest AT&T Group, and Lone Pine shall use reasonable best efforts (ii) to deliver or cause to be delivered to Forest AT&T all Forest AT&T Books and Records in the possession of Lone Pine the Company or any member of the Lone Pine Company Group. The foregoing shall be limited by the following:
(a) To the extent any document (including computer files, as applicable) can be subdivided without unreasonable effort or cost into two portions, one The transition of which constitutes a Lone Pine Book books and Record and the other of which constitutes a Forest Book and Record, such document (including computer files, as applicable) shall be so subdivided and the appropriate portions shall be delivered to the parties.
(b) In the case of this Section 7.3, “reasonable best efforts” records shall require only deliveries of (i) specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified by either party in the ordinary course of business and determined by such party to be material to the other’s business. Without limiting any express delivery requirements under any other provision of this Agreement or any Ancillary Agreement, neither party shall be required to conduct any general search or investigation of its files and neither party shall be obligated to retrieve any books and records from any off-site storage unless specifically requested to do so by the requesting party.
(cb) Each party may may, but is not required to, retain copies of books and records delivered to the other, subject to holding in confidence in accordance with Section 7.10 5.09 information contained in such books and records.
(dc) Each party may in good faith refuse to furnish any books and records under this Section 7.3 5.01 if it reasonably believes in good faith that doing so could materially adversely affect its ability to successfully assert a claim of Privilegeprivilege.
(ed) No Neither party shall be required to deliver to the other parties books and records or portions thereof which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use reasonable best efforts to seek a waiver of or other relief from such confidentiality restriction.
(fe) Nothing in this Section 7.3 5.01 shall affect the rights and obligations of any party to the Tax Sharing Matters Agreement with respect to the sharing of information related to Taxes.
(f) The Company shall promptly reimburse AT&T Group upon request for any costs incurred by AT&T Group for offsite storage of Company Books and Records, it being understood that at any time AT&T may cause such Books and Records to be transferred to the Company.
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Provision of Corporate Records. As soon as practicable after the Separation Closing Date, Forest as permitted by Law, APD shall use its reasonable best efforts to deliver or cause to be delivered to Lone Pine Buyer all Lone Pine Transferred PMD Books and Records then in the possession of Forest APD or any member of the Forest GroupRetained Subsidiary, and Lone Pine Buyer shall use its reasonable best efforts to deliver or cause to be delivered to Forest APD all Forest APD Books and Records then in the possession of Lone Pine or any member of the Lone Pine GroupTransferred PMD Company. The foregoing shall be limited by the followingfollowing specific provisions:
(a) To the extent any document (including computer files, as applicableother than that stored on electronic media) can be subdivided without unreasonable effort or cost into two portions, one of which constitutes a Lone Pine Transferred PMD Book and Record and the other of which constitutes a Forest an APD Book and Record, such document (including computer files, as applicableother than that stored on electronic media) shall be so subdivided sub-divided, and the appropriate portions original of the portion such document (other than that stored on electronic media) which constitutes a Transferred PMD Book and Record shall be delivered provided to Buyer (with a copy thereof provided to APD) and the partiesoriginal of the portion such document (other than that stored on electronic media) which constitutes an APD Book and Record shall be provided to APD (with a copy thereof provided to Buyer).
(b) In the case For purposes of this Section 7.35.6, “reasonable best efforts” shall require only require, without limitation, deliveries of (i) any such specific and discrete books and records or a reasonably limited class of items requested by the other party and (ii) specific and discrete books and records identified in writing by either party and then in the ordinary course possession of business and determined by such party to be material to the other’s businessother party.
(c) Each party may retain copies of the books and records delivered of the other already in its possession, and may use such books and records as reasonably required for its tax, accounting, compliance and other administrative purposes, subject to this Agreement and the otherRelated Agreements, and subject to holding in confidence in accordance with Section 7.10 information contained in such books and records in accordance with the requirements and limitations of this Agreement, including Section 5.13. If either party has a reasonable concern regarding the other party’s use of such books and records, such party may, upon reasonable prior written notice, audit the other party’s use of such books and records at times and in a manner reasonably acceptable to all parties at the auditing party’s expense, provided that if the audited party has breached such provision and such breach has not been cured prior to the audit, the costs of such audit shall be reasonably apportioned between the parties as determined equitably by the auditor.
(d) Each party may in good faith refuse to furnish any books and records under this Section 7.3 Information if it reasonably believes in good faith that doing so could materially adversely affect its presents, based on a written opinion of counsel (which may be inside counsel), a significant risk of loss of the ability to successfully assert a claim of Privilege; provided that the parties hereto shall cooperate in seeking to find a way to allow disclosure of such information without resulting in a loss of the ability to successfully assert a claim of Privilege.
(e) No Neither party shall be required to deliver to the other parties books and records or portions thereof if such delivery would violate any applicable Law, based on a written opinion of counsel (which are subject to any Law or confidentiality agreements which would by their terms prohibit such delivery; provided, however, that if requested by the other party, such party shall use reasonable best efforts to seek a waiver of or other relief from such confidentiality restrictionmay be inside counsel).
(f) Nothing in APD may redact any Information covered by this Section 7.3 shall affect the rights 5.6 as and obligations of any party to the Tax Sharing Agreement with respect extent such Information relates to the sharing of information related Excluded Businesses, the Retained Liabilities or the Excluded Assets.
(g) Buyer may redact any Information covered by this Section 5.6 as and to Taxesthe extent such Information relates to Buyer’s business, assets or liabilities including the Transferred PMD Companies, the PMD Assets and the Assumed Liabilities.
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Samples: Purchase Agreement (Air Products & Chemicals Inc /De/)