Retention of Books and Records. To the extent and for so long as required by, or to the extent and for so long as required in order to perform any obligations under, any Ancillary Agreement or Applicable Law, or where otherwise agreed between the Parties, each Seller shall be entitled to retain the original or a copy of any book, ledger, file, report, plan, record, manual or other material (in any form or medium) which would otherwise transfer to the Purchaser under this Agreement, provided that: 8.18.1 any copy or original retained is treated as strictly confidential in accordance with Clause 12.2; 8.18.2 in the case of retained originals, a copy of such book, ledger, file, report, plan, record, manual or other material is provided to the Purchaser; 8.18.3 upon reasonable notice by the Purchaser, such Seller shall provide access to such retained book, ledger, file, report, plan, record, manual or other material in accordance with Clause 8.11.2; and 8.18.4 upon expiry of the relevant obligation under the applicable Ancillary Agreement, such Seller is entitled to retain a copy of any such book, ledger, file, report, plan, record, manual or other material to comply with Applicable Law but shall transfer the original to the Purchaser.
Appears in 2 contracts
Samples: Contribution Agreement (Glaxosmithkline PLC), Contribution Agreement (Novartis Ag)
Retention of Books and Records. To the extent and for so long as required by, or to the extent and for so long as required in order to perform any obligations under, any Ancillary Agreement or Applicable Law, or where otherwise agreed between the Partiesparties, each the Seller shall be entitled to retain the original or a copy of any book, ledger, file, report, plan, plan record, manual or other material (in any form or medium) which would otherwise transfer to the Purchaser under this Agreement, provided that:
8.18.1 8.15.1 any copy or original retained is treated as strictly confidential in accordance with Clause 12.214.2;
8.18.2 8.15.2 in the case of retained originals, a copy of such book, ledger, file, report, plan, record, manual or other material is provided to the Purchaser;
8.18.3 8.15.3 upon reasonable notice by the Purchaser, such the Seller shall provide access to such retained book, ledger, file, report, plan, record, manual or other material in accordance with Clause 8.11.28.13.2; and
8.18.4 8.15.4 upon expiry of the relevant obligation under the applicable Ancillary Agreement, such Agreement the Seller is entitled to retain a copy of any such book, ledger, file, report, plan, record, manual or other material to comply with Applicable Law but shall transfer the original to the Purchaser.
Appears in 2 contracts
Samples: Share and Business Sale Agreement (Glaxosmithkline PLC), Share and Business Sale Agreement (Novartis Ag)
Retention of Books and Records. To the extent and for so long as required by, or to the extent and for so long as required in order to perform any obligations under, any Ancillary Agreement or Applicable Law, or where otherwise agreed between the Parties, each Seller shall be entitled to retain the 100 original or a copy of any book, ledger, file, report, plan, record, manual or other material (in any form or medium) which would otherwise transfer to the Purchaser under this Agreement, provided that:
8.18.1 any copy or original retained is treated as strictly confidential in accordance with Clause 12.2;
8.18.2 in the case of retained originals, a copy of such book, ledger, file, report, plan, record, manual or other material is provided to the Purchaser;
8.18.3 upon reasonable notice by the Purchaser, such Seller shall provide access to such retained book, ledger, file, report, plan, record, manual or other material in accordance with Clause 8.11.2; and
8.18.4 upon expiry of the relevant obligation under the applicable Ancillary Agreement, such Seller is entitled to retain a copy of any such book, ledger, file, report, plan, record, manual or other material to comply with Applicable Law but shall transfer the original to the Purchaser.
Appears in 1 contract
Samples: Contribution Agreement