Allocation of Revenues. (a) The parties acknowledge that all Net Revenues accrued for all periods prior to the Closing Date shall be for the account of and belong to Seller and that all Net Revenues accrued for all periods commencing on and after the Closing Date shall be for the account of and belong to Buyer.
Appears in 3 contracts
Samples: Container Purchase Agreement (Iea Income Fund X Lp), Container Purchase Agreement (Iea Income Fund Viii), Container Purchase Agreement (Iea Income Fund Ix L P)
Allocation of Revenues. (a) The parties acknowledge that all Net Revenues accrued for all periods prior to the Closing Effective Date shall be for the account of and belong to Seller and that all Net Revenues accrued for all periods commencing on and after the Closing Effective Date shall be for the account of and belong to Buyer.
Appears in 3 contracts
Samples: Container Purchase Agreement (Iea Income Fund Xi Lp), Container Purchase Agreement (Iea Income Fund Xii Lp), Container Purchase Agreement (Cronos Global Income Fund Xiv L P)
Allocation of Revenues. (a) The parties acknowledge that all Net Revenues accrued for all periods prior to the Closing Date shall be for the account of and belong to Seller and that all Net Revenues accrued for all periods commencing on and after the Closing Date shall be for the account of and belong to Buyer.
Appears in 3 contracts
Samples: Container Purchase Agreement (Iea Income Fund X Lp), Container Purchase Agreement (Iea Income Fund Viii), Container Purchase Agreement (Iea Income Fund Ix L P)
