Common use of DELIVERY OF PROPERTY RECEIVED BY THE COMPANY AFTER CLOSING Clause in Contracts

DELIVERY OF PROPERTY RECEIVED BY THE COMPANY AFTER CLOSING. From and after the Closing, Buyer shall have the right and authority to collect, for the account of Buyer, all receivables and other items which shall be transferred or are intended to be transferred to Buyer as part of the Assets as provided in this Agreement, and to endorse with the name of the Company any checks or drafts received on account of any such receivables or other Assets. The Company agrees that it will transfer or deliver to Buyer, promptly after the receipt thereof, any cash or other property which the Company 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 Assets under this Agreement.

DELIVERY OF PROPERTY RECEIVED BY THE COMPANY AFTER CLOSING. From and after the Closing, Buyer Purchaser shall have the right and authority to collect, for the its account of Buyer, all receivables and other items which shall be transferred or are intended to be transferred to Buyer Purchaser as part of the Assets as provided in this Agreementtransactions contemplated hereby, and to endorse with the name of the Company any checks or drafts received on account of any such receivables or other Assetsitems. The Each of the Company and the Members agrees that it will transfer or deliver to BuyerPurchaser, promptly after the receipt thereof, any cash or other property which the Company it receives after the Closing Date in respect of any claims, contracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character orders or any other items transferred or intended to be transferred to Buyer as part of the Assets Purchaser under this Agreement.

DELIVERY OF PROPERTY RECEIVED BY THE COMPANY AFTER CLOSING. From and after the Closing, Buyer shall have the right and authority to collect, for the account of Buyer, all receivables and other items which shall be transferred or are intended to be transferred to Buyer as part of the Assets as provided in this Agreement, and to endorse with the name of the Company any checks or drafts received on account of any such receivables or other Assets, and the Company agrees to provide Buyer with a power of attorney in furtherance of the foregoing. The Company agrees that it will transfer or deliver to Buyer, promptly after the receipt thereof, any cash or other property which the Company receives after the Closing Date in respect of any claims, contracts, licenses, leases, commitments, sales orders, purchase orders, receivables of any character character, or any other items transferred or intended to be transferred to Buyer as part of the Assets under this Agreement.