Common use of Buyer’s Post-Closing Obligations Clause in Contracts

Buyer’s Post-Closing Obligations. (a) If at any time subsequent to the Closing, Buyer comes into possession of money or property belonging to the Seller that was not previously accounted for by credit or adjustment according to this Agreement such money or other property shall be promptly delivered to the Seller.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Lomak Petroleum Inc), Purchase and Sale Agreement (Lomak Petroleum Inc)

AutoNDA by SimpleDocs

Buyer’s Post-Closing Obligations. (a) If at any time subsequent to the Closing, Buyer comes into possession of money or property belonging to the Seller that was not previously accounted for by credit or adjustment according to this Agreement such money or other property shall be promptly delivered to the SellerSeller pro-rata according to Schedule 2.01.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Halcon Resources Corp)

AutoNDA by SimpleDocs

Buyer’s Post-Closing Obligations. (a) If at any time subsequent to the Closing, Buyer comes into possession of money or property belonging to the Seller that was not previously accounted for by credit or adjustment according to this Agreement such money or other property shall be promptly delivered to the Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pioneer Natural Resources Co)

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