Common use of Collection of Assets Clause in Contracts

Collection of Assets. Subsequent to the Closing, the Buyer shall have the right and authority to collect all accounts receivables and other items included among the Purchased Assets and transferred and assigned to it by the Seller hereunder and to endorse with the name of the Seller any checks received on account of such receivables or other items, and the Seller agrees that it will promptly transfer or deliver to the Buyer from time to time, any cash or other property that the Seller may receive with respect to any claims, Contracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character or any other items pertaining to the Purchased Assets and transferred by the Seller to the Buyer pursuant to the provisions hereof.

Collection of Assets. Subsequent to the Closing, the Buyer and its assignees shall have the right and authority to collect all accounts receivables Receivables and other items included among the Purchased Assets and transferred and assigned to it by the Seller Sellers hereunder and to endorse with the name of the any Seller or any of their affiliates any checks received on account of such receivables or other items, and the Seller agrees Sellers agree that it they will promptly transfer or deliver to the Buyer and its assignees from time to time, any cash or other property that the Seller it may receive on or after the Closing with respect to any of the Receivables or any other claims, Contractscontracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character or any other items pertaining included in the assets transferred to the Purchased Assets and transferred by the Seller to the Buyer pursuant to the provisions hereofthis Agreement.

Collection of Assets. Subsequent to the Closing, the Buyer and its -------------------- assignees shall have the right and authority to collect all accounts receivables and other items included among the Purchased Assets and transferred and assigned to it by the Seller hereunder and to endorse with the name of the Seller or any of its affiliates any checks received on account of such receivables or other items, and the Seller agrees and each Stockholder agree that it they will promptly transfer or deliver to the Buyer and its assignees from time to time, any cash or other property that the Seller it may receive on or after the Closing with respect to any claims, Contractscontracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character or any other items pertaining included in the assets transferred to the Purchased Assets and transferred by the Seller to the Buyer pursuant to the provisions hereofthis Agreement.

Collection of Assets. Subsequent to the Closing, the Buyer Purchaser and its assignees shall have the right and authority to collect all accounts receivables and other items included among the Purchased Assets and transferred and assigned to it by the Seller Company hereunder and to endorse with the name of the Seller Company or any of its affiliates any checks received on account of such receivables or other items, and the Seller Company agrees that it will promptly transfer or deliver to the Buyer Purchaser and its assignees from time to time, any cash or other property that the Seller it may receive on or after November 12, 1997 with respect to any claims, Contractscontracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character or any other items pertaining included in the assets transferred to the Purchased Assets and transferred by the Seller to the Buyer Purchaser pursuant to the provisions hereofthis Agreement.

Collection of Assets. Subsequent to the Closing, the Buyer and its -------------------- assignees shall have the right and authority to collect all accounts receivables and other items included among the Purchased Assets and transferred and assigned to it by the Seller Sellers hereunder and to endorse with the name of the Seller Sellers or any of their affiliates any checks received on account of such receivables or other items, and the Seller agrees Sellers and Stockholder agree that it they will promptly transfer or deliver to the Buyer and its assignees from time to time, any cash or other property that the Seller it may receive on or after the Closing with respect to any claims, Contractscontracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character or any other items pertaining included in the assets transferred to the Purchased Assets and transferred by the Seller to the Buyer pursuant to the provisions hereofthis Agreement.

Collection of Assets. Subsequent to the Closing, the Buyer and its -------------------- assignees shall have the right and authority to collect all accounts receivables and other items included among the Purchased Assets and transferred and assigned to it by the Seller hereunder and to endorse with the name of the Seller or any of their affiliates any checks received on account of such receivables or other items, and the Seller agrees and Founders agree that it they will promptly transfer or deliver to the Buyer and its assignees from time to time, any cash or other property that the Seller they may receive on or after the Closing with respect to any claims, Contractscontracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character or any other items pertaining included in the assets transferred to the Purchased Assets and transferred by the Seller to the Buyer pursuant to the provisions hereofthis Agreement.