Common use of Post-Closing Books and Records Clause in Contracts

Post-Closing Books and Records. On the Closing Date, New HoldCo shall conduct the businesses of the Osmotica Companies and the Vertical/Trigen Companies in the ordinary course in a manner substantially consistent with past practice (except for the occurrence of the Closing and the consummation of the Financing and the Transactions), and following the Closing, New HoldCo shall not take any action (or permit any action to be taken) with respect to the accounting books and records of the Osmotica Companies on which the Osmotica Closing Statement is to be based that would affect such Osmotica Closing Statement.

Appears in 2 contracts

Sources: Business Combination Agreement (Osmotica Pharmaceuticals PLC), Business Combination Agreement (Osmotica Pharmaceuticals LTD)