Common use of Non-Coin Long Distance Clause in Contracts

Non-Coin Long Distance. Seller is entitled to receive compensation for long distance traffic from 0+ and 0- traffic from Operator Service Providers. All such commissions, payments or other monies due and owing Seller attributable to periods prior to Closing shall be the property of Seller and shall be properly paid to Seller. This and any other property of Seller which may come into Purchaser's possession shall be promptly delivered within five (5) days by Purchaser to Seller. All such commissions, payments or other monies due and owing Seller attributable to periods after Closing shall be the property of Purchaser and shall be properly payable to Purchaser. This and any other property of Purchaser which may come into Seller's possession shall be promptly delivered within five (5) days by Seller to Purchaser. After Closing Seller shall provide such notification to payors regarding payment for amounts attributable to post closing periods as Purchaser shall reasonably request. Seller agrees to assist as required in the implementation of any change of Long Distance Provider requested by Purchaser after Closing Date subject to compliance with applicable regulations.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Davel Communications Group Inc), Asset Purchase Agreement (Davel Communications Group Inc)

AutoNDA by SimpleDocs

Non-Coin Long Distance. Seller is entitled to receive compensation for long distance traffic from 0+ and 0- traffic from Operator Service Providers. All such commissions, payments or other monies due and owing Seller attributable to periods prior to Closing shall be the property of Seller and shall be properly paid to Seller. This and any other property of Seller which may come into Purchaser's possession shall be promptly delivered within five (5) days by Purchaser to Seller. All such commissions, payments or other monies due and owing Seller attributable to periods after Closing shall be the property of Purchaser and shall be properly payable to Purchaser. This and any other property of Purchaser which may come into Seller's possession shall be promptly delivered within five (5) days by Seller to Purchaser. After Closing Seller shall provide such notification to payors regarding payment for amounts attributable to post closing periods as Purchaser shall reasonably request. Seller agrees to assist as required in the implementation of any change of Long Distance Provider requested by Purchaser after Closing Date subject to compliance with applicable regulations.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Davel Communications Group Inc), Asset Purchase Agreement (Davel Communications Group Inc)

AutoNDA by SimpleDocs

Non-Coin Long Distance. Seller is entitled to receive compensation for long distance traffic from 0+ and 0- traffic from Operator Service Providers. All such commissions, payments or other monies due and owing Seller attributable to periods prior to Closing shall be the property of Seller and shall be properly paid to Seller. This and any other property of Seller which may come into Purchaser's possession shall be promptly delivered within five (5) days by Purchaser to Seller. All such commissions, payments or other monies due and owing Seller attributable to periods after Closing shall be the property of Purchaser and shall be properly payable to Purchaser. This and any other property of Purchaser which may come into Seller's possession shall be promptly delivered within five (5) days by Seller to Purchaser. After Closing Seller shall provide such notification to payors regarding payment for amounts attributable to post closing Closing periods as Purchaser shall reasonably request. Seller agrees to assist as required in the implementation of any change of Long Distance Provider provider requested by Purchaser after Closing Date subject to compliance with applicable regulations.

Appears in 1 contract

Samples: Asset Purchase Agreement (Davel Communications Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.