Delivery of Property Received After Closing Sample Clauses

Delivery of Property Received After Closing. After the Closing, (a) Seller shall promptly transfer to Buyer, from time to time, any cash or other property received or held by Seller or any of its Affiliates that is associated with or relates to the Purchased Assets, the AAE Purchased Assets or the Business and (b) Buyer promptly shall transfer to Seller, from time to time, any cash or other property received or held by Buyer or Parent that is associated with or related to the Excluded Assets or the AAE Excluded Assets.
AutoNDA by SimpleDocs
Delivery of Property Received After Closing. After the Closing, the Seller Parties shall promptly transfer to Buyers, from time to time, any property received by the Seller Parties that is used in the operation of the Retail Store Business or the Meat Processing Business and any cash related thereto, including, but not limited to, collections on accounts receivable that are included in the Assets.
Delivery of Property Received After Closing. From and after the Closing Date: (a) Seller agrees that it will promptly upon receipt transfer or deliver to Purchaser, from time to time, any cash or other property in the form received that Seller may receive after the Closing relating to the Purchased Assets, and (b) Purchaser agrees that it will promptly upon receipt transfer or deliver to Seller, from time to time, any cash or other property in the form that Purchaser may receive after the Closing Date relating to assets of the Seller other than the Purchased Assets.
Delivery of Property Received After Closing. In the event that after Closing, a party receives any checks or other payments that belong to the other party, such party shall be entitled to deposit and collect such amounts but shall promptly transfer the amounts so deposited or collected to the party entitled to receive same.
Delivery of Property Received After Closing. Seller agrees that it will transfer or deliver to Buyer, promptly after the receipt thereof, any cash or other property which Seller receives after the Closing Date in respect of any assets transferred or intended to be transferred to Buyer as part of the Purchased Assets under this Agreement; PROVIDED that the first [$305,738.76] of Receivables collected by Seller shall be applied to the payment of the Receivables Amount. Buyer agrees that it will transfer or deliver to Seller, promptly after the receipt thereof, any cash or other property which Buyer receives after the Closing Date in respect of any assets not transferred or intended to be transferred to Buyer as part of the Purchased Assets under this Agreement. Without limiting the generality of the foregoing, Seller agrees that it shall (a) provide Buyer with a statement of the Receivables and all related back-up material, (b) provide Buyer with a weekly accounting of all amounts received on account of the Receivables and (c) pay over to Buyer all such sums in excess of the Receivables Amount within one (1) week of receipt by Seller. Seller acknowledges that Buyer shall have the sole right to pursue collection of the Receivables and that Seller shall have no right to settle or compromise any dispute concerning the Receivables without the consent of Buyer.
Delivery of Property Received After Closing. From and after ---------------------------------------------- the date hereof, (a) Buyer shall promptly transfer and deliver to Seller any cash, checks (properly endorsed) or other property, including mail, which Buyer may receive and which may belong to the Industries Group, and (b) the Industries Group shall promptly transfer and deliver to Buyer any cash, checks (properly endorsed) or other property, including mail, which the Industries Group may receive and which may belong to Buyer.
Delivery of Property Received After Closing. From and after the Closing, Buyer will have the right and authority to collect, for the account of Buyer, all receivables, if any, and other items that will be transferred or are intended to be transferred to Buyer as part of the Transferred Assets as provided in this Agreement, and to endorse with the name of Seller any checks or drafts received on account of any such receivables or other items of the Transferred Assets. Seller agrees that it will transfer or deliver to Buyer, promptly after the receipt thereof, any cash or other property that Seller receives after the Closing Date in respect of any claims, contracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character or any other items transferred or intended to be transferred to Buyer as part of the Transferred Assets under this Agreement. Buyer agrees that it will transfer or deliver to Seller (or, at Seller's direction, to third parties with evidence of such return delivered to Seller), promptly after the receipt thereof, any cash or other property that Buyer receives after the Closing Date, including, but not limited to, cash or other property related to the Retained Payment Rights, in respect of any claims, contracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character or any other items not intended to be transferred to Buyer as part of the Transferred Assets under this Agreement.
AutoNDA by SimpleDocs
Delivery of Property Received After Closing. Section 5.10. Competition.....................................22 Section 5.11. Confidentiality.................................23 Section 5.12. Sales Representatives...........................24 Section 5.13. Slow Moving Inventory...........................24 Section 5.14. License of "Cornell-Dubilier" Name and Logo.....24 Section 5.15. Sales Representative Commissions................25
Delivery of Property Received After Closing. From and after the Closing, Seller or Buyer, as the case may be, shall within fifteen (15) days after receipt transfer to the other party, any cash or other property received by such party or its Affiliates which are properly for the account of the other party.
Delivery of Property Received After Closing. From and after the Closing, Sellers and Shareholders shall promptly transfer to Buyer, from time to time, any cash or other property received by Sellers or Shareholders that belongs to Buyer as provided in this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!