Endorsement of Checks. Seller hereby authorizes Purchaser following the Closing to endorse for deposit only its name on and collect for Purchaser’s account any checks received in payment of any Accounts Receivable included in the Transferred Assets, and any refunds of deposits, prepaid expenses and similar amounts included in the Transferred Assets.
Appears in 3 contracts
Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.), Acquisition Agreement (Energizer Holdings, Inc.)
Endorsement of Checks. Seller hereby authorizes Purchaser or its applicable designee following the Closing to endorse for deposit only its name on and collect for Purchaser’s (or such designee’s) account any checks received in payment of any Accounts Receivable included in the Transferred Assets, and any refunds of deposits, prepaid expenses and similar amounts included in the Transferred Assets.
Appears in 2 contracts
Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.)
Endorsement of Checks. Seller hereby authorizes Purchaser following the applicable Closing to endorse for deposit only its name on and collect for Purchaser’s account any checks received in payment of any Accounts Receivable accounts receivable included in the Transferred Assets, and any refunds of deposits, prepaid expenses and similar amounts included in the Transferred Assets.
Appears in 1 contract
