Common use of Seller’s Access to Records Clause in Contracts

Seller’s Access to Records. Any records delivered to Buyer by Seller relating to the operation of the Station or Seller's business shall be maintained by Buyer for a period of seven (7) years from and after the Closing Date. Upon reasonable prior notice, Seller shall be entitled to inspect and copy any of such records for purposes of preparing and completing any tax returns or other compilations of its operation of the Station. In the event that it wishes to dispose of such records, Buyer shall give Seller thirty (30) days' prior written notice and an opportunity to retrieve such records at Seller's expense.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Acme Television LLC), Asset Purchase Agreement (Acme Intermediate Holdings LLC)

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Seller’s Access to Records. Any records delivered to Buyer by Seller relating to the operation CP, the construction of the Station or Seller's business shall be maintained by Buyer for a period of seven five (75) years from and after the Closing Date. Upon reasonable prior notice, Seller shall be entitled to inspect and copy any of such records for purposes of preparing and completing any tax returns or other compilations of its operation of in respect to the Station. In the event that it wishes to dispose of such records, Buyer shall give Seller thirty (30) days' prior written notice and an opportunity to retrieve such records at Seller's expense.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Acme Television LLC), Asset Purchase Agreement (Acme Intermediate Holdings LLC)

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Seller’s Access to Records. Any records delivered to Buyer by Seller relating to the operation of the Station or Seller's business shall be maintained by Buyer for a period of seven four (74) years from and after the Closing Date. Upon reasonable prior notice, Seller shall be entitled to inspect and copy any of such records for purposes of preparing and completing any tax returns or other compilations of its operation of the Station. In the event that it wishes to dispose of such records, Buyer shall give Seller thirty (30) days' prior written notice and an opportunity to retrieve such records at Seller's expense.

Appears in 1 contract

Samples: Asset Purchase Agreement (Acme Intermediate Holdings LLC)

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