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MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

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3.05 Return of Books and Records. Subject in all cases to the Parties’ respective rights<br />

and responsibilities regarding books, records and files set forth in the Purchase Agreement, upon<br />

the expiration or termination of a Service with respect to which either Party holds books, records<br />

or files, including current and archived copies of computer files, owned by the other Party, the<br />

Party holding such books, records or files shall return them as soon as reasonably practicable to<br />

the other Party upon the written request of the other Party, except that (a) one (1) copy of all such<br />

books, records or files may be retained by the returning Party’s legal department for the purpose<br />

of enforcing such Party’s rights under this Agreement and (b) any instances of such books,<br />

records or files in backups or archived form that are commercially impractical to return may be<br />

retained so long as the returning Party does not access or make use of such books, records or<br />

files after receipt of the written request for return from the other Party other than for restoration<br />

of information and data of the returning Party commingled with such books, records or files or as<br />

may be required by applicable Legal Requirements; provided, however, that Seller shall not be<br />

required to return or destroy books, records or files of Buyer that are commingled with materials<br />

owned or licensed by any Person that is a Seller Party or data or other materials that relate to<br />

periods prior to the Effective Date. The returning Party shall bear all costs and expenses<br />

associated with the return of such documents.<br />

ARTICLE IV<br />

LIABILITIES<br />

4.01 Disclaimer of Warranty. Seller acknowledges that Buyer is not in the business of<br />

providing the services contemplated by this Agreement and that Buyer is providing such services<br />

solely as an accommodation to Seller’s transition following the consummation of the transaction<br />

set forth in the Purchase Agreement. Except as expressly set out in this Agreement, the Services<br />

performed or provided pursuant to this Agreement, and any Resources provided, used or made<br />

available in connection herewith, are furnished AS IS, WHERE IS, WITH ALL FAULTS AND,<br />

TO THE EXTENT PERMITTED <strong>BY</strong> LAW, WITHOUT ANY REPRESENTATION OR<br />

WARRANTY OF ANY KIND, EXPRESS, IMPLIED, STATUTORY OR OTHERWISE,<br />

INCLUDING ANY WARRANTY OF MERCHANTABILITY, MERCHANTABLE QUALITY<br />

OR FITNESS FOR ANY PARTICULAR PURPOSE OR TITLE OR NON-INFRINGEMENT<br />

OR USE OR ORIGINALITY OR RESULTS TO BE DERIVED FROM THE USE OR<br />

PERFORMANCE OF THE SERVICES (INCLUDING THE RESOURCES). BUYER DOES<br />

NOT MAKE ANY WARRANTY THAT ANY SERVICE COMPLIES WITH ANY LEGAL<br />

REQUIREMENT, DOMESTIC OR FOREIGN. Without limiting the foregoing, Buyer and its<br />

affiliates and licensors EXPRESSLY DISCLAIM AND EXCLUDE any warranty of ownership,<br />

non-infringement, reliability, suitability, functionality, ability to produce a particular result, and<br />

validity regarding any results of the Services (including the Resources) or any improvements as<br />

contemplated by Article VI. Seller assumes all risks in connection with its use of the Resources<br />

and the results of the Services, including any improvements as contemplated by Article VI.<br />

Buyer shall have no obligation to provide Resources where third party content in such Resources<br />

prevents or limits use by Seller.<br />

4.02 Consequential and Other Damages. To the extent permitted by law, no Buyer<br />

Party shall be liable, whether in contract, in tort (including negligence or strict liability) or<br />

otherwise, for any special, indirect, incidental, consequential, special, punitive or similar<br />

damage, losses or expenses whatsoever, that in any way arise out of relate to, or are a<br />

C1-7<br />

Exhibit C-1<br />

Form of Initial Closing Transfer Documents

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