Common use of Reasonable Access to Records and Certain Personnel Clause in Contracts

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is pending, (i) Buyer shall permit Seller's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals to copy, at their expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyer's copying and delivering to Case Professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Buyer for the reasonable costs and expenses thereof, and (ii) Buyer shall provide Seller and Case Professionals (at no cost to Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer during regular business hours to assist Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with Buyer's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ich Corp /De/)

AutoNDA by SimpleDocs

Reasonable Access to Records and Certain Personnel. So As long as the Bankruptcy Case is pending, (i) Buyer shall permit Seller's ’s counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial Books and other books and records relating to the Property or the Business Records (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, including the pursuit of any avoidance, preference preference, or similar action), which access shall include (a) the right of the Case Professionals to copy, at their Seller’s expense, such documents and records as they such professionals may request in furtherance of the purposes described above, and (b) Buyer's ’s copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals Seller or its professionals furnish Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses Buyer for the reasonable costs and expenses thereof, and (ii) Buyer shall provide Seller and Case Professionals such professionals (at no cost to Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer during regular normal business hours to personnel to whom Seller may need continued access post-Closing to assist Seller in the continuing administration of the Case, provided that so long as such access does not unreasonably interfere with Buyer's ’s normal business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Crown Pacific Partners L P)

Reasonable Access to Records and Certain Personnel. So As long as the Bankruptcy Case is pending, (i) Buyer Purchaser shall permit Seller's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial Books and other books and records relating to the Property or the Business Records (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals to copy, at their Seller's expense, such documents and records as they may request in furtherance of the purposes described above, and (b) BuyerPurchaser's copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Buyer Seller or its professionals furnishes Purchaser with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Buyer Seller reimburses Purchaser for the reasonable costs and expenses thereof, and (ii) Buyer Purchaser shall provide Seller and Case Professionals such professionals (at no cost to Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer during regular business hours to various personnel to whom Seller may need continued access post-Closing to assist Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with BuyerPurchaser's normal business operations.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Bradco Supply Corp)

Reasonable Access to Records and Certain Personnel. So As long as the Bankruptcy Case is pending, (i) Buyer shall permit Seller's ’s counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property or the Business of Klamath Northern (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, including the pursuit of any avoidance, preference preference, or similar action), which access shall include (a) the right of the Case Professionals to copy, at their Seller’s expense, such documents and records as they such professionals may request in furtherance of the purposes described above, and (b) Buyer's ’s copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses Buyer for the reasonable costs and expenses thereof, and (ii) Buyer shall provide Seller and Case Professionals such professionals (at no cost to Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer during regular normal business hours to personnel to whom Seller may need continued access post-Closing to assist Seller in the continuing administration of the Case, provided that so long as such access does not unreasonably interfere with Buyer's ’s normal business operations.

Appears in 1 contract

Samples: Purchase Agreement (Crown Pacific Partners L P)

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is pending, (i) the Buyer shall permit Seller's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals such professionals to copy, at their the Seller's expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyer's copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses the Buyer for the reasonable costs and expenses thereof), and (ii) Buyer shall provide the Seller and Case Professionals such professionals (at no cost to the Seller) with reasonable access to any members the President, the Senior Vice President or the Manager of senior management Proprietary Technology of Seller that might subsequently be employed by Buyer FGL during regular business hours to assist the Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with the Buyer's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Friede Goldman Halter Inc)

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is pending, (i) the Buyer shall permit Seller's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (axx) the right of the Case Professionals such professionals to copy, at their the Seller's expense, such documents and records as they may request in furtherance of the purposes described above, and (byy) Buyer's copying and delivering to Case Professionals the Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse the Seller reimburses the Buyer for the reasonable costs and expenses thereof), and (ii) Buyer shall provide the Seller and Case Professionals such professionals (at no cost to the Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer during regular business hours to assist the Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with the Buyer's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Archibald Candy Corp)

Reasonable Access to Records and Certain Personnel. So As long as the Bankruptcy Case is pending, (i) Buyer shall permit Seller's ’s counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property Purchased Assets or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals such professionals to copy, at their Seller’s expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyer's ’s copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses Buyer for the reasonable costs and expenses thereof, and (ii) Buyer shall provide Seller and Case Professionals such professionals (at no cost to Seller) with reasonable access to any members of senior management of various personnel to whom Seller that might subsequently be employed by Buyer will need continued access post-closing during regular business hours to assist Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with Buyer's ’s business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Crown Pacific Partners L P)

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is pending, (i) the Buyer shall permit Seller's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property Assets or the Business Acquired Stores (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (aA) the right of the Case Professionals such professionals to copy, at their the Seller's expense, such documents and records as they may reasonably request in furtherance of the purposes described above, and (bB) Buyer's copying and delivering to Case Professionals Seller or its professionals such documents or records as they may reasonably request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses the Buyer for the reasonable costs and expenses thereof), and (ii) Buyer shall provide the Seller and Case Professionals such professionals (at no cost to the Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer during regular business hours to those former employees of Seller whom Seller reasonably determines are necessary to assist the Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with the Buyer's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Dairy Mart Convenience Stores Inc)

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is pending, (i) the Buyer shall permit Seller's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals such professionals to copy, at their the Seller's expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyer's copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses the Buyer for the reasonable costs and expenses thereof), and (ii) Buyer shall provide the Seller and Case Professionals such professionals (at no cost to the Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer Xxxxxxx Xxxxxxx, Xxxxx Xxxxxxxxx, Xxxxxx Xxxxxxxx, and such other employees as seller may reasonably request, during regular business hours to assist the Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with the Buyer's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Friede Goldman Halter Inc)

Reasonable Access to Records and Certain Personnel. So As long as the Bankruptcy Case is pending, (i) Buyer shall permit Seller's ’s counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial Books and other books and records relating to the Property or the Business Records (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals to copy, at their Seller’s expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyer's ’s copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses Buyer for the reasonable costs and expenses thereof, and (ii) Buyer shall provide Seller and Case Professionals such professionals (at no cost to Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer during regular business hours to various personnel to whom Seller may need continued access post-Closing to assist Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with Buyer's ’s normal business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Crown Pacific Partners L P)

AutoNDA by SimpleDocs

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy ------------------------------------------------- Case is pending, (i) Buyer shall permit Seller's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals such professionals to copy, at their Seller's expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyer's copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses Buyer for the reasonable costs and expenses thereof), and (ii) Buyer shall provide Seller and Case Professionals such professionals (at no cost to Seller) with reasonable access to any members of senior management of Seller that might subsequently be employed by Buyer Xxx Xxxxxxx during regular business hours to assist Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with Buyer's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gencor Industries Inc)

Reasonable Access to Records and Certain Personnel. So After the Closing, so long as the Bankruptcy Case is pending, (i) Buyer shall permit Seller and Seller's ’s counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property Assets or the Business of Seller (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action)Case, which access shall include (aA) the right of the Case Professionals such professionals to copy, at their Seller’s expense, such documents and records as they may request in furtherance of the purposes described above, above and (bB) Buyer's ’s copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses Buyer for the reasonable costs and expenses thereof), and (ii) so long as such access does not unreasonably interfere with Buyer’s business operations, Buyer shall provide Seller and Case Professionals such professionals (at no cost to SellerSeller other than out-of-pocket expenses) with reasonable access to any members of senior management all the books and records of Seller that might subsequently be employed by delivered to Buyer during regular business hours to assist Seller in the continuing administration of the Bankruptcy Case, provided that . Seller may assign its rights to such access does not unreasonably interfere with Buyer's business operationsto the Liquidating Joint Debtors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Park Pharmacy Corp)

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is pending, (i) Buyer shall permit Seller's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals such professionals to copy, at their Seller's expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyer's copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses Buyer for the reasonable costs and expenses thereof, and (ii) Buyer shall provide Seller and Case Professionals such professionals (at no cost to Seller) with reasonable access to any members of senior management of various personnel to whom Seller that might subsequently be employed by Buyer will need continued access post-closing during regular business hours to assist Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with Buyer's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Friede Goldman Halter Inc)

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is pending, : (ia) Buyer shall permit Seller's Sellers' counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property Acquired Assets or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (ai) the right of the Case Professionals such professionals to copy, at their Sellers' expense, such documents and records as they may request in furtherance of the purposes described above, and (bii) Buyer's copying and delivering to Case Professionals Seller or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Seller or its professionals furnishes Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse Seller reimburses Buyer for the reasonable costs and expenses thereof, ); and (iib) Buyer shall provide Seller and Case Professionals such professionals (at no cost to Seller) with reasonable access to Ron Artzer, Rob Hanlon, Dana Case and those former Seller employees xxx xxx Xraxxxxxxxx Xmpxxxxes at the time of any members of senior management such request who have access to the financial and other records of Seller that might subsequently be employed which are acquired by Buyer hereunder during regular business hours to assist Seller in the continuing administration of the Case, provided that such access does not unreasonably interfere with Buyer's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Pliant Corp)

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is pending, (i) Buyer the Seller shall permit Sellerthe Buyer's counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") reasonable access to the financial and other books and records relating to the Property or the Business (whether in documentary or data form) for the purpose of monitoring the continuing administration status of the Bankruptcy Case (including, without limitation, the pursuit of any avoidance, preference or similar action)Property, which access shall include (a) the right of the Case Professionals such professionals to copy, at their the Buyer's expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyerthe Seller's copying and delivering to Case Professionals the Buyer or its professionals such documents or records as they may request, but only to the extent the Case Professionals furnish Buyer or its professionals furnishes the Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to reimburse the Buyer reimburses the Seller for the reasonable costs and expenses thereof), and (ii) Buyer the Seller shall provide Seller the Buyer and Case Professionals such professionals (at no cost to Sellerthe Buyer) with reasonable access to any members of senior management of Seller that might subsequently be such personnel employed by Buyer the Seller during regular business hours to assist Seller the Buyer in the continuing administration of monitoring the CaseProperty, provided that such access does not unreasonably interfere with Buyerthe Seller's business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (PNV Inc)

Reasonable Access to Records and Certain Personnel. So long as the Bankruptcy Case is Cases are pending, (i) Buyer shall permit Seller's the Trustee’s counsel and other professionals employed in the Bankruptcy Case (the "Case Professionals") Cases reasonable access to the financial and other books and records relating to the Property Acquired Assets or the Business (whether in documentary or data form) for the purpose of the continuing administration of the Bankruptcy Case Cases (including, without limitation, the pursuit of any avoidance, preference or similar action), which access shall include (a) the right of the Case Professionals such professionals to copy, at their Sellers’ expense, such documents and records as they may request in furtherance of the purposes described above, and (b) Buyer's ’s copying and delivering to Case Professionals the Trustee or his professionals such documents or records as they may request, but only to the extent the Case Professionals Trustee or his professionals furnish Buyer with reasonably detailed written descriptions of the materials to be so copied and offer to Sellers reimburse the Buyer for the reasonable costs and expenses thereof), and (ii) Buyer shall provide Seller and Case Professionals Trustee or his professionals (at no cost to SellerSellers) with reasonable access to any members the officers and managers of senior management of Seller that might subsequently be employed by Buyer during regular business hours to assist Seller the Trustee in the continuing administration of the CaseCases, provided that such access does not unreasonably interfere with Buyer's ’s business operations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Miscor Group, Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.