Common use of Endorsement of Checks Clause in Contracts

Endorsement of Checks. Seller hereby agrees that any check received by Buyer on or after the Closing Date as payment on account of any account receivable constituting a part of the Purchased Assets, which check is payable to Seller, may be endorsed in Seller's name by Buyer for its own account.

Endorsement of Checks. Seller hereby agrees that any check received by Buyer on or after the Closing Date as payment on account of any trade account receivable constituting a part of the Purchased Assets, which check is payable to Seller, may be endorsed in Seller's name by Buyer for its own account, with all such payments being subject to the provisions of Sections 3.02 and 5.09 hereof 4.

Endorsement of Checks. Seller hereby agrees that any check received by Buyer on or after the Closing Date as payment on account of any trade account receivable constituting a part of the Purchased Assets, which check is payable to Seller, may be endorsed in Seller's name by Buyer for its own account, with all such payments being subject to the provisions of Section 3.02 hereof.

Endorsement of Checks. Seller The Sellers hereby agrees agree that any check received by the Buyer on or after the Closing Date as payment on account of any trade account receivable constituting a part of the Purchased Assets, which check is payable to a Seller, may be endorsed in Seller's name by Buyer for its own account.