Common use of Checks and Drafts Clause in Contracts

Checks and Drafts. Seller shall honor (whether presented before, on, or after the Closing) all checks and drafts drawn by them on or prior to the Closing to pay trade payables and accrued expenses of the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Syntel Inc)

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Checks and Drafts. Seller shall honor (whether presented before, on, or after the Closing) all checks checks, drafts and drafts electronic funds transfers drawn or authorized by them Seller on or prior to the Closing Date to pay trade payables and accrued expenses of the Business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Champion Enterprises Inc)

Checks and Drafts. Seller shall honor (whether presented before, on, on or after the Closing) all checks and drafts drawn by them it on or prior to the Closing to pay trade payables and accrued expenses other liabilities of the BusinessPurchased Business in conducting the Purchased Business in the ordinary course.

Appears in 1 contract

Samples: Asset Purchase Agreement (American Architectural Products Corp)

Checks and Drafts. Seller shall honor (whether presented --------------------------------- before, on, on or after the Closing) all checks and drafts drawn by them it on or prior to the Closing to pay trade payables and accrued expenses of Seller in conducting the BusinessPurchased Business in the ordinary course of business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ourpets Co)

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Checks and Drafts. Seller shall honor (whether presented before, on, on or after the Closing) all checks and drafts drawn by them it on or prior to the Closing to pay trade payables and accrued expenses of the BusinessPurchased Business in conducting the Purchased Business in the ordinary course.

Appears in 1 contract

Samples: Agreement (American Architectural Products Corp)

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