Common use of SEC Requirements Clause in Contracts

SEC Requirements. Upon Buyer's written request, for a period of two (2) years following the Closing, Seller shall make Seller's Books and Records available to Buyer for inspection, copying and audit by Buyer's designated accountants to enable or assist any of the public reporting entities, or their successors and assigns, to make any necessary or appropriate filings, if, as and when such filing may be required by the Securities and Exchange Commission or otherwise by applicable law. Furthermore, and without limiting the foregoing, for a period of two (2) years following the Closing, Seller, or, in the event Seller is dissolved, an Affiliate of Seller acceptable to Buyer in Buyer's sole but reasonable discretion, shall execute the form of audit letter from the Buyer's designated accountants, as and when requested by Buyer. For a minimum of thirteen (13) months following the Closing, Seller shall not dissolve or liquidate and shall remain an active entity in good standing in the State of Maryland. The covenants and agreements set forth in this Section 5.2 hereof shall survive the Closing for a period of two (2) years.

SEC Requirements. Upon Buyer's written request, for a period of two (2) years following the Closing, Seller shall shall, upon reasonable notice to Seller, make Seller's Books and Records available to Buyer for inspection, copying and audit by Buyer's designated accountants to enable or assist any of the public reporting entities, or their successors and assigns, to make any necessary or appropriate filings, if, as and when such filing may be required by the Securities and Exchange Commission SEC or otherwise by applicable law. Furthermore, and without limiting the foregoing, for a period of two (2) years following the Closing, Seller, or, in the event Seller is dissolved, an Affiliate of Seller acceptable to Buyer in Buyer's sole but reasonable discretion, shall execute the form of audit letter from the Buyer's designated accountants, as and when requested by Buyer. For a minimum of thirteen (13) months following the Closing, Seller shall not dissolve or liquidate and shall remain an active entity in good standing in the State of MarylandArizona. The covenants and agreements set forth in this Section 5.2 hereof shall survive the Closing for a period of two (2) years.