CompUSA 2015 Annual Report Download - page 98
Download and view the complete annual report
Please find page 98 of the 2015 CompUSA annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.8.4 Records and Documents .ForaperiodofsevenyearsaftertheClosing,atPurchaser’srequest,SystemaxshallprovidePurchaserandits
RepresentativeswithaccesstoandtherighttomakecopiesofthoserecordsanddocumentsrelatedtotheBusiness,possessionofwhichisretainedbySellersor
Systemax,asmaybenecessaryorusefulinconnectionwithPurchaser’sconductoftheBusinessaftertheClosing.IfduringsuchperiodaSellerorSystemax
electstodisposeofsuchrecordsanddocuments,SellersorSystemaxshallgivePurchaser60days’priorwrittennotice,duringwhichperiodPurchasershallhave
therighttotakepossessionofsuchrecordsanddocumentswithoutfurtherconsideration.
8.5 Bulk Sales Laws .Thepartiesherebywaivecompliancetotheextentapplicablewiththeprovisionsofanybulksales,bulktransferorsimilar
LegalRequirementsofanyjurisdictionthatmayotherwisebeapplicablewithrespecttothesaleofanyorallofthePurchasedAssets.AnyLiabilityarisingoutof
thefailureofanySellertocomplywiththerequirementsandprovisionsofanybulksales,bulktransferorsimilarLegalRequirementsofanyjurisdictionshallbe
treatedasanExcludedLiability.
8.6 Transfer Taxes .AllTransferTaxes(includinganypenaltiesandinterest,ifapplicable)incurredinconnectionwiththisAgreementandthe
otherTransactionAgreementsshallbeborneandpaidsolelybythePurchaserwhendue.Purchasershall,atitsownexpense,timelyfileanyTaxReturnorother
documentwithrespecttosuchTransferTaxes(otherthansuchTaxReturnsthatarerequiredtobefiledbytheSellers),andSellersshallcooperatewithrespect
theretoasreasonablynecessary.WheretheCanadianPurchaserisrequiredbyapplicablelawtopaysuchTaxespursuanttoPartIXoftheETAdirectlytothe
CanadianSeller,theCanadianSellershallprovideaproperinvoiceorbillofsaletotheCanadianPurchaserindicatingtheamountofsuchTaxesandtheCanadian
Seller’srelevanttaxregistrationnumber(s)andtheCanadianSellershallremitsuchTaxestotherelevanttaxationauthority.
26