Payment of Pre-Closing Liabilities Sample Clauses

Payment of Pre-Closing Liabilities. Should Seller be entitled to any amounts under paragraphs (a) or (c) above and any Pre-Closing Liabilities remain outstanding, Buyer shall utilize such amounts to satisfy such Pre-Closing Liabilities and shall pay such amounts directly to the creditors of Seller and on behalf of Seller. Should Seller receive any proceeds attributable to production from the Assets after the Effective Time, Seller shall promptly forward such proceeds to Buyer. Both parties shall apply all such amounts and proceeds as follows:
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Payment of Pre-Closing Liabilities. Seller shall, consistent with its past practices and procedures, pay and discharge liabilities relating to the operation of the Business prior to the Closing Date that are not being assumed by Purchaser.
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Related to Payment of Pre-Closing Liabilities

  • Certain Post-Closing Obligations As promptly as practicable, and in any event within the time periods after the Effective Date specified in Schedule 5.14 or such later date as the Administrative Agent reasonably agrees to in writing, including to reasonably accommodate circumstances unforeseen on the Effective Date, Holdings, the Parent Borrower and each other Loan Party shall deliver the documents or take the actions specified on Schedule 5.14 that would have been required to be delivered or taken on the Effective Date but for the proviso to Section 4.01(f), in each case except to the extent otherwise agreed by the Administrative Agent pursuant to its authority as set forth in the definition of the term “Collateral and Guarantee Requirement”.

  • PRE-CLOSING OBLIGATIONS The Seller shall have performed and complied with all the obligations and conditions required by this Agreement to be performed or complied with by Seller at or prior to the Closing Date, including the execution and delivery of all documents and contracts required to be delivered at or before the Closing Date pursuant to this Agreement.

  • Closing Obligations At the Closing:

  • Conditions Precedent to Obligations of the Sellers The obligations of the Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by the Sellers in whole or in part to the extent permitted by applicable law):

  • Seller’s Closing Obligations At Closing, Seller shall deliver to Buyer the following:

  • Post-Closing Obligations Seller and Buyer agree to the following post-Closing obligations:

  • Conditions Precedent to Obligations of the Seller The obligations of the Seller to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by the Seller in whole or in part to the extent permitted by applicable law):

  • Buyer's Closing Obligations At the Closing, Buyer shall:

  • Payment at Closing; Fee Letters The Borrower shall have paid to the Administrative Agent and the Lenders the fees set forth or referenced in Section 4.3 and any other accrued and unpaid fees or commissions due hereunder (including, without limitation, legal (including, without limitation, local counsel) fees and expenses) and to any other Person such amount as may be due thereto in connection with the transactions contemplated hereby, including all taxes, fees and other charges in connection with the execution, delivery, recording, filing and registration of any of the Loan Documents.

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLERS The obligations of Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by Sellers in whole or in part to the extent permitted by applicable Law):

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