Common use of Records and Documents Clause in Contracts

Records and Documents. (a) As soon as practicable following the Distribution Date, Equifax and ChoicePoint shall each arrange for the delivery to the other of existing corporate and other documents (e.g. minute books, stock registers, stock certificates, documents of title, source code, contracts, etc.) in its possession relating to the Transferred Assets and assumed Liabilities. (b) From and after the Distribution Date, Equifax and ChoicePoint shall each, and shall cause each member of its Group to, afford the other and its accountants, counsel and other designated Representatives reasonable access (including using reasonable efforts to give access to person or firms possessing such information) and duplicating rights during normal business hours to all records, books, contracts, instruments, computer data and other data and information in its possession relating to the Assets, Liabilities, Licensed Materials, business and affairs of the other (other than data and information subject to any attorney/client or other privilege), insofar as such access is reasonably required by the other, including without limitation, for audit, accounting and litigation purposes. (c) Notwithstanding the foregoing, either party may destroy or otherwise dispose of any information at any time in accordance with the corporate record retention policy maintained by such party with respect to its own records.

Appears in 2 contracts

Sources: Intellectual Property Agreement (Choicepoint Inc), Intellectual Property Agreement (Choicepoint Inc)

Records and Documents. (a) As soon as practicable following the Distribution Closing Date, Equifax and ChoicePoint Certegy shall each arrange for the delivery to the other of existing corporate and other documents (e.g. minute books, stock registers, stock certificates, documents of title, source code, contracts, etc.) in its possession relating to the Transferred Assets Assets, Transferred Third Party Agreements and assumed Liabilities. (b) From and after the Distribution Closing Date, Equifax and ChoicePoint Certegy shall each, and shall cause each member of its Group to, afford the other and its accountants, counsel and other designated Representatives reasonable access (including using reasonable efforts to give access to person or firms possessing such information) and duplicating rights during normal business hours to all records, books, contracts, instruments, computer data and other data and information in its possession relating to the Assetsassets, Liabilities, Licensed Materials, business and affairs of the other (other than data and information subject to any attorney/client or other privilege), insofar as such access is reasonably required by the other, including without limitation, for audit, accounting and litigation purposes. (c) Notwithstanding the foregoing, either party may destroy or otherwise dispose of any information at any time in accordance with the corporate record retention policy maintained by such party with respect to its own records.

Appears in 2 contracts

Sources: Intellectual Property Agreement (Certegy Inc), Intellectual Property Agreement (Certegy Inc)

Records and Documents. (a) As soon as practicable following the Distribution Closing Date, Equifax and ChoicePoint Certegy shall each arrange for the delivery to the other of existing corporate and other documents (e.g. minute books, stock registers, stock certificates, documents of title, source code, contracts, etc.) in its possession relating to the Transferred Assets Assets, Transferred Third Party Agreements and assumed Liabilities. (b) From and after the Distribution Closing Date, Equifax and ChoicePoint Certegy shall each, and shall cause each member of its Group to, afford the other and its accountants, counsel and other designated Representatives reasonable access (including using reasonable efforts to give access to person or firms possessing such information) and duplicating rights during normal business hours to all records, books, contracts, instruments, computer data and other data and information in its possession relating to the Assetsassets, Liabilities, Licensed Materials, business and affairs of the other (other than data and information subject to any attorney/client or other privilege), insofar as such 27 access is reasonably required by the other, including without limitation, for audit, accounting and litigation purposes. (c) Notwithstanding the foregoing, either party may destroy or otherwise dispose of any information at any time in accordance with the corporate record retention policy maintained by such party with respect to its own records.

Appears in 1 contract

Sources: Intellectual Property Agreement (Fidelity National Information Services, Inc.)

Records and Documents. (a) As soon as practicable following the Distribution Date, Equifax and ChoicePoint PSI shall each arrange for the delivery to the other of existing corporate and other documents (e.g. minute books, stock registers, stock certificates, documents of title, source code, contracts, etc.) in its possession relating to the Transferred Assets Assets, Transferred Third Party Agreements and assumed Liabilities. (b) From and after the Distribution Date, Equifax and ChoicePoint PSI shall each, and shall cause each member of its Group to, afford the other and its accountants, counsel and other designated Representatives reasonable access (including using reasonable efforts to give access to person or firms possessing such information) and duplicating rights during normal business hours to all records, books, contracts, instruments, computer data and other data and information in its possession relating to the Assetsassets, Liabilities, Licensed Materials, business and affairs of the other (other than data and information subject to any attorney/client or other privilege), insofar as such access is reasonably required by the other, including without limitation, for audit, accounting and litigation purposes. (c) Notwithstanding the foregoing, either party may destroy or otherwise dispose of any information at any time in accordance with the corporate record retention policy maintained by such party with respect to its own records.

Appears in 1 contract

Sources: Intellectual Property Agreement (Equifax Ps Inc)