Forwarding of Payments. Buyer shall use commercially reasonable efforts to recover (i) the Landlord Deposits and (ii) the FCM Commission Receivables and shall promptly remit to the Sellers’ Representative (on behalf of Sellers and for distribution to Sellers by the Sellers’ Representative in accordance with each Seller’s Ownership Percentage) any amounts recovered in respect of the Landlord Deposits or the FCM Commission Receivables (net of any commission or other amounts payable to brokers or introducing brokers with respect to such FCM Commission Receivables) following receipt thereof; provided, however, that Buyer’s efforts shall not require Buyer or its Affiliates to institute any claim or incur any out of pocket costs or expenses in connection with the recovery of the Landlord Deposits or the FCM Commission Receivables. Buyer shall not (and shall cause the Company not to) take any action or omit to take any action if Buyer or the Company has a conscious awareness that such act or omission will prevent the Company from recovering the Landlord Deposits or the FCM Commission Receivables.
Forwarding of Payments. FCAM agrees that any payment of monies to which DDLLC is entitled hereunder but which is made instead to FCAM for whatever reason, will be promptly and in good faith forwarded to DDLLC, in the manner directed by DDLLC.
Forwarding of Payments. If either party receives any payment ---------------------- which is, or includes any amount which is, properly payable to the other party, it will promptly remit to the other party such amount as is payable to the other party
Forwarding of Payments. From and after the Closing Date:
1. Any payment of monies to which Seller is entitled but which is made instead to Purchaser for whatever reason shall be promptly and in good faith forwarded to Seller by Purchaser in the manner directed by Seller.
2. Any payment of monies to which Purchaser is entitled but which is made instead to Seller for whatever reason shall be promptly and in good faith forwarded to Purchaser by Seller in the manner directed by Purchaser.
Forwarding of Payments. The parties acknowledge that, after the Closing Date, the Company and the Buyer may receive and make payments, invoices, and other items intended for the other that may not have been included on the Closing Statement. Sixty days from the Closing Date, the parties will settle amounts paid by one for the other’s behalf for any accounts receivable, accounts payable, inventory, employee commissions and salaries, and other expenses paid after the Closing Date for expenses that covered periods prior to and after the Closing Date that were not included on the Closing Statement.
Forwarding of Payments. Seller shall forward to Buyer [*********] payments received by Seller from Debtors on Accounts on or after the applicable Cut-Off Date with respect to any Receivable purchased by Bxxxx. Bxxxx agrees to credit Dxxxxx’s Account the full amount of any payment received by Sxxxxx. Seller will forward funds within [**********], for payment received the prior month. Buyer shall make every reasonable attempt to notify Debtors of the correct address to send payments in all such cases.
Forwarding of Payments. Marathon shall, and shall cause its Affiliates to, promptly and in good faith forward, or cause to be forwarded, to the Company, in the manner directed by the Company, any payment of monies to which the Company or any subsidiary of the Company is entitled but which is made instead to Marathon or any of its Affiliates for whatever reason.
Forwarding of Payments. Ashland shall, and shall cause its Affiliates to, promptly and in good faith forward, or cause to be forwarded, to the Company, in the manner directed by the Company, any payment of monies to which the Company or any subsidiary of the Company is entitled but which is made instead to Ashland or any of its Affiliates for whatever reason.
Forwarding of Payments. The Company will promptly and in good faith forward, or cause to be forwarded, to Marathon, in the manner directed by Marathon, any payment of monies to which Marathon or any of Marathon’s Affiliates is entitled but which is made instead to the Company or any subsidiary of the Company for whatever reason. The Company will promptly and in good faith forward, or cause to be forwarded, to Ashland, in the manner directed by Ashland, any payment of monies to which Ashland or any of Ashland’s Affiliates is entitled but which is made instead to the Company or any subsidiary of the Company for whatever reason. The Company shall collect wholesale market receivables retained by Marathon pursuant to Section 2.2(q), and shall remit the proceeds to Marathon on January 20, 1998 or if received later, promptly following the receipt thereof.
Forwarding of Payments. The parties acknowledge that, after the Effective Date, the Company and the Buyer may receive payments, invoices, and other items intended for the other. Each party promptly will forward, or cause to be forwarded, such items to the appropriate person.
