Common use of Retention of and Access to Books and Records Clause in Contracts

Retention of and Access to Books and Records. 6.2.1 As promptly as practicable and in any event before ten (10) days after the Closing Date, the Seller will deliver or cause to be delivered to such of the Buyers as the Buyers mutually designate the Books and Records that are in the possession or control of the Seller or its Affiliates that are not stored at the Facilities. All Books and Records that are located at the Facilities shall remain at the Facilities and shall be delivered to the Buyer of the Facilities in question at the Closing. Each of the Buyers agree to hold and maintain the Books and Records delivered to such Buyer hereunder so that they may be reasonably retrievable and not to destroy or dispose of any portion thereof for a period that is consistent with the applicable Buyer’s document retention policies as in effect from time to time or such longer time as may be required by Law, provided that, if it desires to destroy or dispose of such Books and Records during such period, it will first offer in writing at least sixty (60) days before such destruction or disposition to surrender them to the Seller, and if the Seller does not accept such offer within twenty (20) days after receipt of such offer, the Buyer may take such action.

Retention of and Access to Books and Records. 6.2.1 (a) As promptly as practicable and in any event before ten (10) days after the Closing Date, the Seller will deliver or cause to be delivered to such of the Buyers as the Buyers mutually designate Buyer the Books and Records that are in the possession or control of the Seller or its Affiliates that are not stored at the Facilities. All other than Books and Records that are located at in the Facilities shall remain at possession of the Facilities Company. Buyer agrees (and shall be delivered cause the Company to the Buyer of the Facilities in question at the Closing. Each of the Buyers agree agree) to hold and maintain the Books and Records delivered that are transferred to such Buyer hereunder or the Company so that they may be reasonably retrievable and not to destroy or dispose of any portion thereof for a period that is consistent with of five (5) years from the applicable Buyer’s document retention policies as in effect from time to time Closing Date or such longer time as may be required by applicable Law, provided provided, that, if it Buyer or the Company desires to destroy or dispose of such Books and Records during such period, it they will first offer in writing at least sixty ninety (6090) days before such destruction or disposition to surrender them to the Seller, and if the Seller does not accept such offer within twenty sixty (2060) days after receipt of such offer, Buyer or the Buyer Company, as applicable, may take proceed with the destruction of such actionBooks and Records.

Retention of and Access to Books and Records. 6.2.1 As promptly as practicable and in any event before ten (10) days after the Closing Date, the Seller will deliver or cause to be delivered to such of the Buyers as the Buyers mutually designate Buyer the Books and Records that are in the possession or control of the Seller or its Affiliates that which are not stored at the Facilities. All Books and Records that are located at the Facilities shall remain at the Facilities and shall be delivered to the Buyer of the Facilities in question at the Closing. Each of the Buyers agree The Buyer agrees to hold and maintain the Books and Records delivered to such Buyer hereunder so that they may be reasonably retrievable and not to destroy or dispose of any portion thereof for a period that is consistent with the applicable Buyer’s document retention policies as in effect from time to time or such longer time as may be required by Law, provided that, if it desires to destroy or dispose of such Books and Records during such period, it will first offer in writing at least sixty (60) days before such destruction or disposition to surrender them to the Seller, and if the Seller does not accept such offer within twenty (20) days after receipt of such offer, the Buyer may take such action.