Common use of Bankruptcy Distributions Clause in Contracts

Bankruptcy Distributions. Any portion of bankruptcy distributions (whether or not Seller has filed its proof of claim as of the date hereof) or payments pursuant to (i) settlement agreements (whether prepared by Seller’s in-house counsel or outside counsel), (ii) arrearage payment plans by letters signed by Seller or its agent, (iii) lease termination agreements, (iv) promissory notes, or (v) judgments (whether already obtained by Seller or which result from lawsuits or proceedings filed prior to the Closing) providing for the payment of specified sums, either in a lump sum or in installments, in all cases which are applicable to the time period prior to the date of Closing but payable after the date of Closing and actually received by Buyer, shall be payable to Seller.

Bankruptcy Distributions. Any portion of bankruptcy distributions (whether or not Seller has filed its proof of claim as of the date hereof) or payments pursuant to (i) settlement agreements (whether prepared by Seller’s in-house counsel or outside counsel), (ii) arrearage payment plans by letters signed by Seller or its agent, (iii) lease termination agreements, (iv) promissory notes, or (v) judgments (whether already obtained by Seller or which result from lawsuits or proceedings filed prior to the Closing) providing for the payment of specified sums, either in a lump sum or in installments, in all cases which are applicable to the time period prior to the date of Closing Date but payable after the date of Closing and actually received by Buyer, shall be payable to Seller.

Bankruptcy Distributions. Any portion of bankruptcy distributions (whether or not Seller has filed its proof of claim as of the date hereof) or payments from tenants pursuant to (i) settlement agreements (whether prepared by Seller’s in-house counsel or outside counsel), (ii) arrearage payment plans by letters signed by Seller or its agent, (iii) lease termination agreements, (iv) promissory notes, or (v) judgments (whether already obtained by Seller or which result from lawsuits or proceedings filed prior to the Closing) providing for the payment of specified sums, either in a lump sum or in installments, in all cases which are applicable to the time period prior to the date of Closing but payable after the date of Closing and actually received by Buyer, shall be payable to SellerSeller upon receipt.

Bankruptcy Distributions. Any portion of bankruptcy distributions (whether or not Seller has filed its a proof of claim as of the date hereof) or payments pursuant to (ia) settlement agreements (whether prepared by Seller’s in-house counsel or outside counsel), (iib) arrearage payment plans by letters signed by Seller or its agentagent(s), (iiic) lease termination agreements, (ivd) promissory notes, or (ve) judgments (whether already obtained by Seller or which result from lawsuits or proceedings filed prior to the Closing) providing for the payment of specified sums, either in a lump sum or in installments, in all cases which are applicable to the time period prior to the date of Closing Date but payable after the date of Closing Date and actually received by Buyer, shall be credited to and payable to Seller.

Bankruptcy Distributions. Any portion of bankruptcy distributions (whether or not any Seller has filed its proof of claim as of the date hereof) or payments pursuant to (i) settlement agreements (whether prepared by Seller’s Sellers’ in-house counsel or outside counsel), (ii) arrearage payment plans by letters signed by Seller Sellers or its agentagent(s), (iii) lease termination agreements, (iv) promissory notes, or (v) judgments (whether already obtained by Seller Sellers or which result from lawsuits or proceedings filed prior to the Closing) providing for the payment of specified sums, either in a lump sum or in installments, in all cases which are applicable to the time period prior to the date of Closing Date but payable after the date of Closing Date and actually received by BuyerBuyers, shall be payable to SellerSellers.