Common use of Access by Sellers Clause in Contracts

Access by Sellers. Subsequent to the Closing, Buyer shall preserve and give to Sellers reasonable access during normal business hours to all of the books, reports, records, CATV Instruments and Contracts from files and records transferred to Buyer at the time of Closing, for the purposes of the preparation of tax returns, the preparation of the Preliminary Working Capital Statement, the defense of any claims asserted or which may be asserted with respect to which Sellers are the Indemnitor as contemplated by the Agreement, or other proper business purposes.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Adelphia Communications Corp), Asset Purchase Agreement (CSC Holdings Inc)

Access by Sellers. Subsequent to the Closing, Buyer shall preserve and give to Sellers reasonable access during normal business hours to all of the books, reports, records, CATV Franchises, CATV Instruments and Contracts from files and records transferred to Buyer at the time of Closing, for the purposes of the preparation of tax returns, the preparation of the Preliminary Working Capital Statement, the defense of any claims asserted or which may be asserted with respect to which the Sellers are the Indemnitor as contemplated by the Agreement, or other proper business purposes.

Appears in 1 contract

Sources: Asset Purchase Agreement (Frontiervision Capital Corp)