Common use of Sharing of Data Clause in Contracts

Sharing of Data. (a) The Company shall have the right for a period of six (6) years following the Closing Date to have reasonable access to such books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar information as are transferred to the Buyer pursuant to the terms of this Agreement for the limited purposes of concluding its involvement in the Business and the Acquired Assets prior to the Closing Date and for complying with its obligations under applicable securities, tax, environmental, employment or other laws and regulations. The Buyer shall have the right for a period of six (6) years following the Closing Date to have reasonable access to those books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar records which are retained by the Company pursuant to the terms of this Agreement to the extent that any of the foregoing relates to the Business or Acquired Assets transferred to the Buyer hereunder or is otherwise needed by the Buyer in order to comply with its obligations under applicable securities, tax, environmental, employment or other laws and regulations.

Appears in 4 contracts

Samples: Intellectual Property Rights Purchase Agreement (Clarus Corp), Asset Purchase Agreement (Geac Computer Systems Inc), Asset Purchase Agreement (Clarus Corp)

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Sharing of Data. (a) The Company Seller and its shareholders and former shareholders shall have the right for a period of six (6) years following the Closing Date to have reasonable reasonable, and, at the sole discretion of the Buyer, supervised, access to such books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar information as are transferred to the Buyer pursuant to the terms of this Agreement for the limited purposes sole purpose of concluding its involvement in the Business and the Acquired Assets prior to the Closing Date and for complying with its their obligations under applicable securities, tax, environmental, employment or other laws and regulations. The Buyer shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to those books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar records which are retained by the Company Seller pursuant to the terms of this Agreement to the extent that any of the foregoing relates to the Business or Acquired Assets business of the Seller transferred to the Buyer hereunder or is otherwise needed by the Buyer in order to comply with its obligations under applicable securities, tax, environmental, employment or other laws and regulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bottomline Technologies Inc /De/)

Sharing of Data. (a) The Company Seller and the Stockholder shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to such books, records and accounts, including financial and tax Tax information, correspondence, production records, employment records and other similar information as are transferred to the Buyer pursuant to the terms of this Agreement for the limited purposes of concluding its their involvement in the Business and business of the Acquired Assets Seller prior to the Closing Date and for complying with its their obligations under applicable securities, taxTax, environmental, employment or other laws Laws and regulationsRegulations. The Buyer shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to those books, records and accounts, including financial and tax Tax information, correspondence, production records, employment records and other similar records which are retained by the Company Seller pursuant to the terms of this Agreement to the extent that any of the foregoing relates to the Business or Acquired Assets business of the Seller transferred to the Buyer hereunder or is otherwise needed by the Buyer in order to comply with its obligations under applicable securities, taxTax, environmental, employment or other laws Laws and regulationsRegulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Satcon Technology Corp)

Sharing of Data. (a) The Company shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to such books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar information as are transferred to the Buyer pursuant to the terms of this Agreement for the limited purposes of concluding its involvement in the Business and as related to the Acquired Assets prior to the Closing Date and for complying with its obligations under applicable securities, tax, environmental, employment or other laws and regulations. The Buyer shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to those books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar records which are retained by the Company pursuant to the terms of this Agreement to the extent that any of the foregoing relates to the Business or Acquired Assets transferred to the Buyer hereunder or is otherwise needed by the Buyer in order to comply with its obligations under applicable securities, tax, environmental, employment or other laws and regulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Healthgate Data Corp)

Sharing of Data. (a) The Company Seller shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to such books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar information as are transferred to the Buyer pursuant to the terms of this Agreement for the limited purposes of concluding its involvement in the Business and business of the Acquired Assets Seller prior to the Closing Date and for complying with its obligations under the Bankruptcy Code and under applicable securities, tax, environmental, employment or other laws and regulations. The Buyer shall have the right for a period of six (6) four years following the Closing Date to have reasonable access to those books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar records which are retained by the Company Seller pursuant to the terms of this Agreement to the extent that any of the foregoing relates to the Business or Acquired Assets business of the Seller transferred to the Buyer hereunder or is otherwise needed by the Buyer in order to comply with its obligations under applicable securities, tax, environmental, employment or other laws and regulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Nucycle Therapy Inc)

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Sharing of Data. (a) The Company Seller and Stockholder shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to such books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar information as are transferred to the Buyer pursuant to the terms of this Agreement for the limited purposes of concluding its involvement in the Business and business of the Acquired Assets Seller prior to the Closing Date and for complying with its obligations under applicable securities, tax, environmental, employment or other laws and regulations. The Buyer shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to those books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar records which are retained by the Company Seller or Stockholder pursuant to the terms of this Agreement to the extent that any of the foregoing relates to the Business business of the Seller or Acquired Assets transferred to the Buyer hereunder or is otherwise needed by the Buyer in order to comply with its obligations under applicable securities, tax, environmental, employment or other laws and regulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intrinsix Corp)

Sharing of Data. (a) The Company Seller shall have the right for a period of six (6) years following commencing on the Closing Date and ending on April 20, 2003, to have reasonable access to such books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar information as are transferred to the Buyer pursuant to the terms of this Agreement for the limited purposes of concluding its involvement in the Business and business of the Acquired Assets Seller prior to the Closing Date and for complying with its obligations Obligations under applicable securities, tax, environmental, employment or other laws and regulations. The Buyer shall have the right for a period of six (6) three years following the Closing Date to have reasonable access to those books, records and accounts, including financial and tax information, correspondence, production records, employment records and other similar records which are retained 33 by the Company Seller pursuant to the terms of this Agreement to the extent that any of the foregoing relates to the Business or Acquired Assets business of the Seller transferred to the Buyer hereunder or is otherwise needed by the Buyer in order to comply with its obligations under applicable securities, tax, environmental, employment or other laws and regulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Amtech Systems Inc)

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