Common use of Purchase Investigation Clause in Contracts

Purchase Investigation. (a) From the date of this Agreement until the Closing Date, the Company and the Selling Shareholders shall provide the Purchasers and their representatives, consultants, counsel and accountants (for purposes of this Section 6.1, "Representatives"), upon request, access to the Company's personnel, properties, offices, books and records and promptly provide the Purchasers and their Representatives all available financial and operating data and other information and assistance with respect to the Company's business and properties as may be requested from time to time by the Purchasers and their Representatives ("Purchase Investigation"). Without limiting the foregoing, the Company and the Selling Shareholders shall cooperate with the Purchasers and their Representatives in their review of the business and operations of the Company and permit them to discuss the procedures and review the work papers used by the Company and its accountants in the preparation of its financial statements and filings with Governmental Agencies including filings made with the SEC since the Company's inception. (b) Until the Closing Date, the Company and the Selling Shareholders shall have the continuing obligation to supplement or amend the Schedules referenced in this Agreement with respect to any matter hereafter arising or discovered that, if existing or known on the date of this Agreement, would have been required to be set forth or described in the Schedules. (c) Each party shall promptly notify the other party of, and furnish any information the other party may reasonably request with respect to, the occurrence of any event or condition or the existence to its knowledge of any fact that would cause any of the conditions to the other party's obligation to consummate the transactions contemplated hereby to be unfulfilled.

Appears in 1 contract

Sources: Stock Purchase Agreement (Nasus Consulting, Inc.)

Purchase Investigation. (a) From the date of this Agreement until the Closing Date, the Company and the Selling Shareholders shall provide the Purchasers Purchaser and their its representatives, consultants, counsel and accountants (for purposes of this Section 6.1, "Representatives"), upon ^pon request, access to the Company's personnel, properties, offices, books and records and promptly provide the Purchasers and their its Representatives all available financial and operating data and other information and assistance with respect to the Company's business and properties as may be requested from time to time by the Purchasers Purchaser and their its Representatives ("Purchase Investigation"). Without limiting the foregoing, the Company and the Selling Shareholders shall cooperate with the Purchasers Purchaser and their its Representatives in their review of the business and operations of the Company and permit them to discuss the procedures and review the work papers used by the Company and its accountants in the preparation of its financial statements and filings with Governmental Agencies including filings made with the SEC since the Company's inception. (b) Until the Closing Date, the Company and the Selling Shareholders shall have the continuing obligation to supplement or amend the Schedules referenced in this Agreement with respect to any matter hereafter arising or discovered that, if existing or known on the date of this Agreement, would have been required to be set forth or described in the Schedules. (c) Each party shall promptly notify the other party of, and furnish any information the other party may reasonably request with respect to, to the occurrence of any event or condition or the existence to its knowledge of any fact that would cause any of the conditions to the other party's obligation to consummate the transactions contemplated hereby to be unfulfilled.

Appears in 1 contract

Sources: Stock Purchase Agreement (National Asset Recovery Corp.)