Payments Received. Sellers, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other and will account to the other for all such receipts.
Appears in 9 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Camping World Holdings, Inc.), Asset Purchase Agreement (Quicksilver Resources Inc)
Payments Received. Sellers, on the one hand, Seller and Buyer, on the other hand, each Purchaser agree that, that after the Closing, each Closing they will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) ), or other property that they may receive on or after the Closing which properly belongs to the other party, including without limitation any insurance proceeds, and will account to the other for all such receipts.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Adams Respiratory Therapeutics, Inc.), Asset Purchase Agreement (Adams Laboratories, Inc.), Asset Purchase Agreement (Adams Respiratory Therapeutics, Inc.)
Payments Received. Sellers, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the otherother (with deliveries by Buyer to be made to Seller Agent on behalf of Sellers), from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other and will account to the other for all such receipts.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Green Plains Renewable Energy, Inc.), Membership Interest Purchase Agreement (Green Plains Renewable Energy, Inc.)
Payments Received. Sellers, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other in accordance with the terms of this Agreement and will account to the other for all such receipts.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Sears Holdings Corp), Asset Purchase Agreement (Esl Partners, L.P.)
Payments Received. SellersSeller, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other and will account to the other for all such receipts.
Appears in 2 contracts
Payments Received. Sellers, on the one hand, Seller and Buyer, on the other hand, Purchaser each agree that, that after the Closing, each Closing they will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) ), or other property that they may receive on or after the Closing which properly belongs to the other party, including without limitation, any insurance proceeds, and will account to the other for all such receipts.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Nord Resources Corp), Asset Purchase Agreement (Nord Resources Corp)
Payments Received. Sellers, on the one hand, Seller and Buyer, on the other hand, Purchaser each agree that, that after the Closing, each Closing they will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) ), or other property that they may receive on or after the Closing which properly belongs to the other party, including without limitation any insurance proceeds, and will account to the other for all such receipts.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Microtel International Inc), Assets Purchase Agreement (Minnesota Mining & Manufacturing Co)
Payments Received. Sellers, on the one hand, Seller and Buyer, on the other hand, Buyer each agree that, that after the Closing, each Closing they will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) ), or other property that they may receive on or after the Closing which properly belongs to the other and will account to the other for all such receipts.to
Appears in 1 contract
Samples: Asset and Business Purchase Agreement (Nytest Environmental Inc)
Payments Received. Sellers, on the one hand, Seller and Buyer, on the other hand, Purchaser each agree that, that after the Closing, each Closing they will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) ), or other property that they may receive on or after the Closing which properly belongs to the other party and will account to the other for all such receipts.
Appears in 1 contract
Samples: Asset Purchase Agreement (Powersecure International, Inc.)
Payments Received. SellersSeller, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which and that properly belongs to the other and will account to the other for all such receipts.
Appears in 1 contract
Samples: Asset Purchase Agreement
Payments Received. Sellers, on The Sellers and the one hand, and Buyer, on the other hand, Purchaser each agree that, that after the Closing, each Closing they will hold and will promptly transfer and deliver to the other, from time to time as and when received by themthem or their respective Subsidiaries, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other party hereto or its Subsidiaries and will account to the other for all such receipts.
Appears in 1 contract
Samples: Acquisition Agreement (Savient Pharmaceuticals Inc)
Payments Received. Sellers, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other pursuant to the terms of this Agreement and will account to the other for all such receipts.
Appears in 1 contract
Payments Received. Sellers, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best commercially reasonable efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other and will account to the other for all such receipts.
Appears in 1 contract
Payments Received. SellersSellers and their Affiliates, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other and will account to the other for all such receipts.
Appears in 1 contract
Payments Received. SellersSeller and its Affiliates, on the one hand, and Buyer, on the other hand, each agree that, after the Closing, each will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other and will account to the other for all such receipts.
Appears in 1 contract
Payments Received. Sellers, on The Sellers and the one hand, and Buyer, on the other hand, each Buyer agree that, that after the Closing, each Closing they will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) ), or other property that they it may receive on or after the Closing which properly belongs to the other and will account to the other for all such receiptsparty.
Appears in 1 contract
Payments Received. Sellers, on the one hand, Seller and Buyer, on the other hand, Buyer each agree that, that after the Closing, each Closing they will hold and will promptly transfer and deliver to the other, from time to time as and when received by them, any cash, checks with appropriate endorsements (using their best efforts not to convert such checks into cash) or other property that they may receive on or after the Closing which properly belongs to the other party, and will account to the other for all such receipts.
Appears in 1 contract
