Common use of Accounts Receivable Collections Clause in Contracts

Accounts Receivable Collections. After the Closing, the Seller shall permit the Buyer to collect, in the name of the Seller all Accounts Receivable. The Seller shall promptly deliver to the Buyer any cash, checks or other property that the Seller may receive after the Closing in respect of any Accounts Receivable or other assets constituting part of the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alloy Inc)

AutoNDA by SimpleDocs

Accounts Receivable Collections. After the Closing, the Closing Seller shall permit the permit, and hereby authorizes, Buyer to collect, in the name of Seller, all accounts receivable constituting part of the Acquired Assets and to endorse with the name of Seller all Accounts Receivablefor deposit in Buyer's account any checks or drafts received in payment thereof. The Seller shall promptly deliver to the Buyer any cash, checks or other property that the Seller it may receive after the Closing in respect of any Accounts Receivable accounts receivable or other assets asset constituting part of the Acquired Assets.

Appears in 1 contract

Samples: Purchase Agreement (Ha Lo Industries Inc)

Accounts Receivable Collections. After Following the Closing, the Seller shall permit the Buyer to collect, in the name of the Seller, all accounts receivable included in the Acquired Assets and to endorse with the name of the Seller all Accounts Receivablefor deposit in the Buyer’s account any checks or drafts received in payment thereof. The Seller shall promptly deliver to the Buyer any cash, checks or other property that the Seller may receive after the Closing in respect of any Accounts Receivable accounts receivable or other assets constituting part of the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cardium Therapeutics, Inc.)

Accounts Receivable Collections. After the Closing, the Seller Sellers shall permit the Buyer Purchaser to collect, in the name of Sellers, all accounts receivable constituting part of the Acquired Assets and to endorse with the name of any Seller all Accounts Receivablefor deposit in Purchaser's account any checks or drafts received in payment thereof. The Seller Sellers shall promptly deliver to the Buyer Purchaser any cash, checks or other property that the Seller they may receive after the Closing in respect of any Accounts Receivable accounts receivable or other assets asset constituting part of the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Childtime Learning Centers Inc)

Accounts Receivable Collections. After the Closing, the Seller Sellers shall permit the Buyer permit, and hereby authorize, Purchasers to collect, in the name of Sellers, all accounts receivable constituting part of the Acquired Assets and to endorse with the name of any applicable Seller all Accounts Receivablefor deposit in any Purchaser’s account any checks or drafts received in payment thereof. The Seller Sellers shall promptly deliver to the Buyer Purchasers any cash, checks or other property that the Seller they may receive after the Closing in respect of any Accounts Receivable accounts receivable or other assets asset constituting part of the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Chesapeake Corp /Va/)

AutoNDA by SimpleDocs

Accounts Receivable Collections. After Following the Closing, the Seller shall permit the Buyer to collect, in the name of the Seller, all accounts receivable included in the Acquired Assets and to endorse with the name of the Seller all Accounts Receivablefor deposit in Buyer’s account any checks or drafts received in payment thereof. The Seller and Parent shall promptly deliver to the Buyer any cash, checks or other property that the Seller or Parent may receive after the Closing in respect of any Accounts Receivable accounts receivable or other assets constituting part of the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cardium Therapeutics, Inc.)

Accounts Receivable Collections. After the Closing, the Seller Sellers shall permit the Buyer permit, and hereby authorize, Purchaser to collect, in the name of Sellers, all accounts receivable constituting part of the Acquired Assets and to endorse with the name of any applicable Seller all Accounts Receivablefor deposit in Purchaser’s account any checks or drafts received in payment thereof. The Seller Sellers shall promptly deliver to the Buyer Purchaser any cash, checks or other property that the Seller they may receive after the Closing in respect of any Accounts Receivable accounts receivable or other assets asset constituting part of the Acquired Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rowe Companies)

Accounts Receivable Collections. After the Closing, the Seller Sellers shall permit the permit, and hereby authorize, Buyer to collect, in the name of the Seller Sellers, all Accounts ReceivableReceivable and to endorse with the name of any Seller for deposit in Buyer’s account any checks or drafts received in payment thereof. The Seller Sellers shall promptly deliver to the Buyer any cash, checks or other property that the Seller it may receive after the Closing in respect of any Accounts Receivable or other assets asset constituting part of the Acquired Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cpi Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!