Common use of Access to Books and Records and Personnel Clause in Contracts

Access to Books and Records and Personnel. Upon reasonable prior notice during business hours, the Company and the Subsidiaries shall at all times prior to the Closing Date make the books, accounts, inventory, equipment, records (financial and other), technical information, Contracts and such other documents and information regarding the Business available for examination, audit and inspection, including access for the purposes of conducting environmental audits, by Purchaser and its officers, employees, financial advisors, financing sources, consultants, accountants, attorneys and authorized representatives. The Company and the Subsidiaries shall furnish Purchaser as promptly as practicable with such documents or copies thereof, and other information concerning the Business, including, without limitation, any financial and operating data or other periodic financial information, as Purchaser shall, from time to time, reasonably request. In addition, the Company and the Subsidiaries shall give Purchaser access at mutually agreed upon times and places to such officers, managers, employees, accountants, advisors and other representatives of the Company or the Subsidiaries as Purchaser shall reasonably request. No investigation by Purchaser shall, however, diminish or obviate in any way, or affect Purchaser's right to rely upon, any of the representations, warranties, covenants or agreements of the Company or any of the Sellers contained in this Agreement or any other Company Documents.

Appears in 1 contract

Sources: Stock Purchase Agreement (Stellex Industries Inc)

Access to Books and Records and Personnel. Upon reasonable prior notice during business hours, the Company and the Subsidiaries each Seller shall at all times prior to the Closing Date make the books, accounts, inventory, equipment, records (financial and other), technical information, Contracts and such other documents and information regarding the Business or Assets available for examination, audit and inspection, including access for the purposes of conducting environmental audits, by Purchaser and its officers, employees, financial advisors, financing sources, consultants, accountants, attorneys and authorized representatives. The Company and the Subsidiaries Each Seller shall furnish Purchaser as promptly as practicable with such documents or copies thereof, and other information concerning the BusinessBusiness or Assets, including, without limitation, any financial and operating data or other periodic financial information, as Purchaser shall, from time to time, reasonably request. In addition, the Company and the Subsidiaries each Seller shall give Purchaser access at mutually agreed upon times and places to such officers, managers, employees, accountants, advisors and other representatives of the Company or the Subsidiaries such Seller as Purchaser shall reasonably request. No investigation by Purchaser shall, however, diminish or obviate in any way, or affect Purchaser's right to rely upon, any of the representations, warranties, covenants or agreements of the Company or any of the Sellers contained in this Agreement or any other Company Documents. Purchaser hereby agrees that any such access provided hereunder shall not unreasonably interfere with the normal operations of the Business.

Appears in 1 contract

Sources: Asset Purchase Agreement (Stellex Technologies Inc)