The Company shall retain all books and records with respect to tax matters pertinent to the Company, the Permal Contributed Equity Interests and the EnTrust Contributed Equity Interests relating to any tax periods and shall abide by all record retention agreements entered into with any Taxing Authority, and shall give each of the Permal Contributor and the EnTrust Contributor reasonable written notice prior to transferring, destroying or discarding any such books and records prior to the expiration of the applicable statute of limitations for that tax period and, if either the Permal Contributor or the EnTrust Contributor so requests, the Company shall allow the Permal Contributor or the EnTrust Contributor, as the case may be, to take possession of such books and records. Subject to Section 10.3(f), all administrative expenses attributable to the formation and maintenance of Holdco (and any other costs or expenses related to Holdco to the extent such costs or expenses would not have been borne by the owner(s) of Holdco if such owner had held interests in the Company directly) shall be paid by the Company from and after the Closing.