Provision of Information; Access. From and after the date hereof, Target shall provide the Initial Investor Group and its Representatives access, during normal business hours and at times as the Initial Investor Group may reasonably request, to its premises, books, contracts, records, computer systems, employees and management personnel and shall furnish promptly to the Initial Investor Group, all information concerning its business, assets, investments and personnel as the Initial Investor Group may reasonably request, in order to permit the New Executives to assume control of Target in an efficient and informed manner, all immediately upon but not prior to the Closing Date. Target agrees to use its reasonable commercial efforts to keep the Initial Investor Group fully apprised in a reasonably timely manner of every circumstance, action, occurrence or event occurring or arising after the date hereof that would be material to a prudent operator of the business and operations of Target.
Appears in 2 contracts
Sources: Reorganization and Investment Agreement, Reorganization and Investment Agreement