Common use of Endorsement of Checks Clause in Contracts

Endorsement of Checks. From and after the Closing Date, Purchaser shall have the right and authority to retain and endorse without recourse the name of Seller on any check or any other evidence of indebtedness relating to a period on or after Closing, received by Purchaser on account of any of the Purchased Assets and the Business transferred to Purchaser hereunder.

Endorsement of Checks. From and after the Closing DateClosing, Purchaser Buyer shall have the right and authority to retain and endorse without recourse the name of Seller Sellers on any check or any other evidence evidences of indebtedness relating to a period on or after Closing, received by Purchaser Buyer on account of any of the Business and Purchased Assets and the Business transferred to Purchaser Buyer hereunder.

Endorsement of Checks. From and after the Closing DateClosing, Purchaser Buyer shall have the right and authority to retain and endorse without recourse the name of Seller the Company on any check or any other evidence evidences of indebtedness relating to a period on or after Closing, received by Purchaser Buyer on account of any of the Purchased Assets and the Business or any Purchased Asset transferred to Purchaser Buyer hereunder.

Endorsement of Checks. From and after the Closing DateClosing, Purchaser Buyer shall have the right and authority to retain and endorse without recourse the name names of Seller Sellers on any check or any other evidence evidences of indebtedness relating to a period on or after Closing, received by Purchaser Buyer on account of any of the Purchased Assets and the Business and any Purchased Asset transferred to Purchaser Buyer hereunder.