Common use of Administration of Accounts; Customer Inquiries Clause in Contracts

Administration of Accounts; Customer Inquiries. (a) All payments and reimbursements made in the ordinary course of business by any third party in the name of or to Buyer or any Affiliate thereof in connection with or arising out of the Excluded Assets, the Excluded Liabilities or any businesses that are not the Business after the Closing Date shall be held by such person in trust for the benefit of the Sellers and, promptly upon receipt by such person of any such payment or reimbursement, such person shall pay over to Xxxxxx the amount of such payment or reimbursement without right of set off.

Administration of Accounts; Customer Inquiries. (a) All payments and reimbursements made in the ordinary course of business by any third party in the name of or to Buyer or any Affiliate thereof Sellers in connection with or arising out of the Excluded Assets, the Excluded Liabilities Business or any businesses that are not the Business Purchased Assets after the Closing Date shall be held by such person in trust for the benefit of the Sellers Buyer and, promptly upon receipt by such person of any such payment or reimbursement, such person shall pay over to Xxxxxx Buyer the amount of such payment or reimbursement without right of set off.

Administration of Accounts; Customer Inquiries. (a) All payments and reimbursements made in the ordinary course of business by any third party in the name of or to Buyer BFC or any Affiliate affiliate thereof in connection with or arising out of the Excluded Assets, the Excluded Assets or Assumed Liabilities or any businesses that are not the Business after the Closing Date shall be held by such person in trust for the benefit of the Sellers Buyer and, promptly immediately upon receipt by such person of any such payment or reimbursement, such person shall pay over to Xxxxxx Buyer the amount of such payment or reimbursement without right of set off.

Administration of Accounts; Customer Inquiries. (a) All payments and reimbursements made in the ordinary course of business by any third party in the name of or to Buyer Seller or any Affiliate affiliate thereof in connection with or arising out of the Excluded Assets, the Excluded Assets or Assumed Liabilities or any businesses that are not the Business after the Closing Date shall be held by such person in trust for the benefit of the Sellers Buyer and, promptly immediately upon receipt by such person of any such payment or reimbursement, such person shall pay over to Xxxxxx Buyer the amount of such payment or reimbursement without right of set off.