Common use of Notification of Orders Received Clause in Contracts

Notification of Orders Received. Commencing on the Closing Date and continuing until the second anniversary of the Closing Date, Seller will use its best efforts to notify Purchaser of any and all order for the Product actually received by the Seller by promptly forwarding such orders to Purchaser. Notwithstanding the foregoing, Seller does not anticipate any such orders and has made no representations to Purchaser that any such orders are likely to be received or forwarded.

Appears in 3 contracts

Samples: Asset Purchase and Trademark Assignment Agreement (Targacept Inc), Asset Purchase and Trademark Assignment Agreement (Targacept Inc), Asset Purchase and Trademark Assignment Agreement (Targacept Inc)

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Notification of Orders Received. Commencing on the Closing Date and continuing until the second anniversary of the Closing Date, Seller will use its best efforts to notify Purchaser of any and all order for the Product actually received by the Seller by promptly forwarding such orders to Purchaser. Notwithstanding the foregoing, Seller does not anticipate any such orders and has made no representations to Purchaser that any such orders are likely to be received or forwarded.. ARTICLE VII- PURCHASER’S COVENANTS Purchaser covenants and agrees as follows:

Appears in 1 contract

Samples: Asset Purchase and Trademark Assignment Agreement

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