Common use of ACCESS AND NOTICE Clause in Contracts

ACCESS AND NOTICE. Seller and the Shareholder shall permit PRG and PRG Sub and their authorized representatives access to, and make available for inspection, all of the assets and business of Seller, the Business and the Assets, including employees, customers a n d suppliers and permit PRG, PRG Sub and their authorized representatives to inspect and make copies of all documents, records and information with respect to the business or assets of Seller, the Business or the Assets as PRG, PRG Sub or their representatives may request. Seller and the Shareholder shall promptly notify PRG Sub in writing of (a) any notice or communication relating to a default or event that, with notice or lapse of time or both, could become a default, under any contract, commitment or obligation to which Seller is a party or relating to the Business or the Assets, and (b) any adverse change in Seller's or the Business' financial condition or the Assets.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Physicians Resource Group Inc), Asset Purchase Agreement (Physicians Resource Group Inc)

ACCESS AND NOTICE. Seller and the Shareholder Shareholders shall permit PRG and PRG Sub and their authorized representatives access to, and make available for inspection, all of the assets and business of Seller, the Business and the Assets, including employees, customers a n d suppliers and permit PRG, PRG Sub and their authorized representatives to inspect and make copies of all documents, records and information with respect to the business or assets of Seller, the Business or the Assets as PRG, PRG Sub or their representatives may request. Seller and the Shareholder Shareholders shall promptly notify PRG Sub in writing of (a) any notice or communication relating to a default or event that, with notice or lapse of time or both, could become a default, under any contract, commitment or obligation to which Seller is a party or relating to the Business or the Assets, and (b) any adverse change in Seller's or the Business' financial condition or the Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Physicians Resource Group Inc)