Retention of Business Records. For a period of six (6) years after the Closing, the Purchaser shall retain, or cause the Company to retain, all business records of the Company in its possession as of the Closing or otherwise relating to periods prior to Closing. Purchaser shall afford Sellers and their authorized representatives access to such records upon reasonable prior notice for any proper purpose.
Retention of Business Records. The following new Section 9.16 is added to the Credit Agreement:
Retention of Business Records. Buyer agrees to provide Seller access during normal business hours to the Business Records following Closing upon reasonable prior notice. Buyer shall not destroy any Business Records without providing prior notice to Seller.
Retention of Business Records. The Buyer shall retain for a period of at least six years all of the records of the Business included within the Purchased Assets and the Seller shall retain for a period of at least six years all of the records of the Business not included in the Purchased Assets, and each party shall provide the other access to the same during normal business hours for the purpose of inspecting, reviewing and copying the same; provided, that following the expiration of such six year period, each party may dispose of any of such records in its possession which it no longer desires to retain if such party first shall have notified the other party in writing of such proposed disposition and allowed the other party the opportunity to take possession of the records proposed to be disposed of by such party.
Retention of Business Records. The Buyer shall retain for a period of at least 6 years all of the records of the Business included within Section 1.1 hereof, and shall provide the Sellers access to the same during normal business hours for the purpose of inspecting, reviewing and copying the same; provided, that following the expiration of such 6-year period, the Buyer may dispose of any of such records which it no longer desires to retain if the Buyer first shall have notified the Sellers in writing of such proposed disposition and allowed the Sellers the opportunity to take possession of the records proposed to be disposed of by the Buyer. The Sellers shall retain for a period of 6 years all of the items described in Section 1.2(e) hereof, and shall provide the Buyer access to the same during normal business hours for the purpose of inspecting, reviewing and copying the same; provided, that following the expiration of such 6-year period, the Sellers may dispose of any of such items which it no longer desires to retain if the Sellers first shall have notified the Buyer in writing of such proposed disposition and allowed the Buyer the opportunity to take possession of the records proposed to be disposed of by the Sellers.
Retention of Business Records. Foundation agrees that County or any duly authorized representative shall have access to and the right to examine, audit, excerpt, copy or transcribe any pertinent transaction, activity, time cards, or other records relating to this agreement. Such material shall be kept and maintained by Foundation at a location in Los Angeles County for a period of
Retention of Business Records. For a period of five years after the Closing Date, Purchaser shall, and shall cause the Company and its Subsidiaries to retain the accounting, financial and other books and records of the Company and its Subsidiaries relating to periods prior to the Closing and the Earnout Period. During the Earnout Period, Purchaser shall, and shall cause the Company and its Subsidiaries to, upon reasonable notice, afford Seller and/or its agents reasonable access (including the right to make, at Seller’s expense, photocopies), during normal business hours, to such books and records, as necessary for Seller to review information related to the calculation of the Earnout Amounts.
Retention of Business Records. To the extent the Business Records are delivered to Buyer hereunder, Buyer agrees: (i) to hold all of the Business Records existing on the Closing Date, and to not destroy or dispose of any thereof, for a period of five (5) years commencing on the Closing Date or such longer period as may be required by Law; and (ii) following the Closing Date, to afford Seller, its accountants and counsel, at Seller’s sole cost and expense, upon reasonable request, during normal business hours, full and complete access to such Business Records to the extent that such access may be requested for any legitimate purpose; provided, however, that such access shall be provided in such a manner so as to not cause any unreasonable disruption of or to the personnel and operations of Buyer. Buyer shall have the same rights, and Seller the same obligations, as are set forth above in this Section 9.4 with respect to any material books and records of Seller pertaining to the Business that are retained by Seller, with the exception of tax returns relating to taxes that are not the responsibility of Buyer.
Retention of Business Records. The Agent must maintain all business records relating to this Agreement, including but not limited to invoices, payrolls, etc. These records must be available at all reasonable times at no charge to the Commission and/or its designees or representatives during the period of this Agreement and any extension thereof, and for three (3) years from the date of final payment made under this Agreement.
Retention of Business Records. (a) Each business partner shall maintain all business records related to the BPA program. These records shall be retained for the term of the BPA contract permit in which they pertain, for three (3) years following the termination, cancellation or expiration of the BPA contract permit and during any ongoing examination, audit and investigation pursuant to Sections 225.63 and 225.66 of these regulations.
(b) Upon the department's request, all business records shall be immediately made available during normal business hours to the department's representative.
(1) A business partner's out-of-state site locations may be issued a permit only if the business partner agrees in writing, and subject to the sole discretion of the BPA Program Administrator, to (1) make the business records available in California for an examination, investigation or to complete an audit or (2) pay the reasonable costs of an examination, audit or investigation, including but not limited to the expenses for travel, meals and lodging of the department's representative incurred during an investigation or audit made at the business partner's out-of-state location.
(c) A business partner shall retain the business records at the business partner's principal place of business.
(d) The business records required to be maintained by the business partner under the terms of the BPA contract pursuant to these BPA regulations under Article 3.6 are records of the department. Note: Authority cited: Sections 1651 and 1685, Vehicle Code. Reference: Section 1685, Vehicle Code.
