Common use of Closing Date Financial Statements Clause in Contracts

Closing Date Financial Statements. After the Closing Date, each of Buyer and the Seller Parties shall (i) provide, or cause to be provided, to each other's respective Subsidiaries, officers, employees, representatives and affiliates, such assistance as may reasonably be requested, including making available employees and the books and records of the Company, by any of them in connection with the preparation of any tax return or any audit of the Company in respect of which the Buyer, the Company or the Seller, as the case may be, is responsible and (ii) retain, or cause to be retained, for so long as any such taxable years or audits shall remain open for adjustments, any records or information which may be relevant to any such tax returns or audits.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Advantica Restaurant Group Inc), Stock Purchase Agreement (Cke Restaurants Inc)