Actions After the Closing. After the date of Closing, the parties shall execute and deliver such other and further instructions and perform such other and further acts as may reasonably be required fully to consummate the transactions contemplated hereby.
Actions After the Closing. The parties covenant to take the following actions after the Closing Date:
Actions After the Closing. Subsequent to the closing each party to this Agreement shall at the request of the other furnish, execute and deliver such documents, instruments, opinions of counsel, certificates, notices or other further assurances as counsel for the requesting party shall reasonably require as necessary or desirable to effect complete consummation of this Agreement or in connection with the preparation and filing of reports required or requested by governmental agencies, and other regulatory bodies.
Actions After the Closing. The Agreement also regulates certain acts that must take place after the Effective Date, in particular the application for Chinese Governmental approvals to contribute the shares of company which owns the Sichuan plant to the Joint Venture.
Actions After the Closing. Following the Closing, the Buyer shall have the right to (i) receive and open all mail addressed to the Seller or the Institution and deal with the contents thereof in its discretion to the extent that such mail and the contents thereof relate to the Assets sold to the Buyer and any of the obligations or liabilities assumed by the Buyer pursuant to this Agreement; and (ii) collect for its own account all receivables and other items transferred to the Buyer hereto and to endorse with the name of the Seller any checks received on account of such receivables or other items. The Seller agrees that it shall promptly transfer and deliver any cash or property which the Seller may receive in respect of the Assets. From and after the Closing Date, the Seller shall prepare and deliver to the Buyer, on a weekly basis, true and correct reports showing all collections by the Seller and the customer receivables against which such collections were applied. In addition, the Buyer shall have the right to audit such reports.
Actions After the Closing. In case at any time after the Closing any further action is necessary to carry out the purposes of this Agreement, each of the parties will take such further action (including the execution and delivery of such further instruments and documents and any actions required of the Seller under Section 5.2) as another party reasonably may request, all the sole cost and expense of the requesting party (unless the requesting party is entitled to indemnification therefor under Article VI). The Seller acknowledges and agrees that from and after the Closing Parent and the Buyer will be entitled to possession of all databases, documents, books, records (including Tax records), agreements, and financial data of any sort relating to the Business. The Seller shall promptly transfer and deliver to Parent any cash or property that the Seller may receive in respect of the Assets after the Closing. Parent shall promptly transfer and deliver to the Seller any cash or property that Parent or the Buyer may receive in respect of the Excluded Assets after the Closing.
Actions After the Closing. (a) The Purchaser shall negotiate in good faith with O.O.O. Reksoft the conclusion of a distribution agreement. During the negotiations and for a period of sixty (60) days after the Closing Date, the Purchaser shall cause the Company to observe its obligations under Sections 5 to 10 of the current agreement (“Vereinbarung betreffend Verkauf/Wartung und Weiterentwicklung der Software PMS WinnLodge”) with O.O.O. Reksoft dated September 11, 2001. With regard to Section 4.2 of the aforementioned “Vereinbarung”, O.O.O. Reksoft shall during the aforementioned sixty (60) days period have the right to distribute the WinnLodge Software under the brand “Edelweiss”, whereby O.O.O. Reksoft shall pay to Company 35% of 50% of the end user fee.
(b) The Purchaser shall negotiate in good faith with Sulcus Hospitality (Schweiz) AG the conclusion of a Distribution Agreement in accordance with the terms set forth in Exhibit 4.3(e).
Actions After the Closing. In case at any time after the Closing any further action is necessary to carry out the purposes of this Agreement, each of the parties will take such further action (including the execution and delivery of such further instruments and documents and any actions required of the Seller under Section 6.2) as another party reasonably may request, all the sole cost and expense of the requesting party (unless the requesting party is entitled to indemnification therefor under Article VII). The Seller shall promptly transfer and deliver to the Parent any cash or property that the Seller may receive in respect of the Assets after the Closing.
Actions After the Closing. 9.1. Within 30 days from the Closing the Buyers shall provide MC and BB with the CEDC Stocks mentioned in clause 3.7 of this Agreement.
9.2. Within 3 months from the Closing the parties shall agree a Bonus Scheme for the Sellers based on their performance under the CEDC bonus scheme. The principles used for calculation of the performance bonus shall be attached in the form of Schedule No. 8 to this Agreement.
Actions After the Closing. The parties respectively covenant as follows for the period after the Closing: