Customer Deposits. Within thirty (30) days after Closing, Seller agrees to transfer to Buyer the customer deposits together with any interest accrued thereon (collectively "Customer Deposits"), together with all of Seller's obligations and rights to hold the Customer Deposits of the Business, up to the Closing Date, and Buyer agrees to hold, disburse and retain such deposits so delivered to it as if it were Seller.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Citizens Utilities Co), Asset Purchase Agreement (Centurytel Inc), Asset Purchase Agreement (Citizens Utilities Co)
Customer Deposits. Within thirty (30) days after Closing, Seller agrees to Sellers shall transfer to Buyer the customer deposits together with any interest accrued thereon (collectively collectively, the "Customer Deposits")) for the period ending on the Closing Date, together with all of Seller's Sellers' rights and obligations and rights to hold the Customer Deposits of the Business, up to the Closing Date, . Buyer shall hold and Buyer agrees to hold, disburse and retain such deposits Customer Deposits so delivered to it as if it were SellerSellers.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Verizon South Inc), Asset Purchase Agreement (Centurytel Inc)
Customer Deposits. Within thirty (30) days after Closing, Seller agrees to shall transfer to Buyer the customer deposits together with any interest accrued thereon (collectively collectively, the "Customer Deposits")) for the period ending on the Closing Date, together with all of Seller's rights and obligations and rights to hold the Customer Deposits of the Business, up to the Closing Date, . Buyer shall hold and Buyer agrees to hold, disburse and retain such deposits Customer Deposits so delivered to it as if it were Seller.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Verizon South Inc), Asset Purchase Agreement (Centurytel Inc)
