Common use of During the Transition Period Clause in Contracts

During the Transition Period. Sellers shall enable Purchaser to continue conducting a confirmatory due diligence with respect to the Sold Business at Purchaser’s own costs. During such confirmatory due diligence, Sellers shall in particular (i) grant Purchaser full access to all financial data regarding the Sold Business (provided that such access may only be indirect in the presence of an employee or auditor of the Sellers) and (ii) provide Purchaser with all information and employee access (including to the relevant sales teams) required to conduct its confirmatory due diligence as required to reasonably conduct the confirmatory due diligence.

Appears in 2 contracts

Sources: Asset Sale and Purchase Agreement (Adtran Inc), Asset Sale and Purchase Agreement (Adtran Inc)