Common use of Retention of Records; Cooperation Clause in Contracts

Retention of Records; Cooperation. (a) Buyer will for the maximum period required by law keep safely and in reasonable condition all such books, records and documents and other things relating to the Purchased Assets as Seller shall transfer or cause to be transferred to Buyer and shall afford Seller reasonable access to such books and records for so long as shall be necessary to enable Seller to deal with its taxation (including VAT) liability in respect of the period up to the date hereof and will permit Seller and Seller's servants, agents and professional advisers to have access to and to take copies of such records for such purpose. (b) Seller will for the maximum period required by law keep safely and in reasonable condition any books, records and documents and other things retained by Seller relating to the Purchased Assets and shall afford Buyer reasonable access to such books and records for so long as shall be necessary to enable Buyer properly to carry on the Business and will permit Buyer and Buyer's servants, agents and professional advisers to have access to and to take copies of such records for such purpose.

Retention of Records; Cooperation. (a) Buyer will for the maximum period required by law keep safely and in reasonable condition all such books, records and documents and other things relating to the Purchased Assets as Seller shall transfer or cause to be transferred to Buyer and shall afford Seller reasonable access to such books and records for so long as shall be necessary to enable Seller to deal with its taxation (including VATGST and retail sales tax) liability in respect of the period up to the date hereof and will permit Seller and Seller's servants, agents and professional advisers advisors to have access to and to take copies of such records for such purpose. (b) Seller will for the maximum period required by law keep safely and in reasonable condition any books, records and documents and other things retained by Seller relating to the Purchased Assets and shall afford Buyer reasonable access to such books and records for so long as shall be necessary to enable Buyer properly to carry on the Business and will permit Buyer and Buyer's servants, agents and professional advisers advisors to have access to and to take copies of such records for such purpose.