Post-Closing Orders and Payments. From and after 12:01 A.M. (New York, New York, USA time) on the day immediately following the Closing Date, (i) Seller will promptly deliver to Buyer any payments received by Seller from third parties for Finished Goods purchased by the third parties from Buyer on or after the Closing Date, and refer all inquiries it will receive with respect to the Products (other than with respect to Excluded Assets or Excluded Liabilities), to Buyer or its designee; and (ii) Buyer will promptly deliver to Seller any payments received by Buyer from third parties for Finished Goods purchased by third parties from Seller or its Affiliates prior to the Closing.
Post-Closing Orders and Payments. (a) From and for three months after the Closing Date, Seller shall promptly deliver to Purchaser any purchase orders for the Product received after the Closing, and refer all purchase inquiries it shall receive with respect to the Products in the Territory (other than with respect to Excluded Assets or Excluded Liabilities), to Purchaser or its designee.
(b) From and after the Closing, in the event Purchaser, on the one hand, makes a payment in respect of an Excluded Liability, or Seller, on the other hand, makes a payment in respect of an Assumed Liability as set forth in Section 2.02 of this Agreement, which ultimately is determined to be the responsibility of the other Party in accordance with Section 2.02 hereof, the other Party shall reimburse the Party which made the erroneous payment within fifteen (15) days after the receipt of an invoice containing supporting detail for such payment. In the event Purchaser, on the one hand, received a payment in respect of an Acquired Asset, or Seller, on the other hand, receives a payment in respect of an asset of Seller which is not an Acquired Asset as set forth in Section 2.01 of this Agreement, which ultimately is determined to be a receivable of the other Party in accordance with Section 2.01 hereof, the Party which received the erroneous payment shall remit such amount to the other Party within fifteen (15) days after the receipt of such payment.
Post-Closing Orders and Payments. After the Closing, CTI shall (i) promptly deliver to the Company any Customer Orders received after the Closing Date and any payments received from third parties for Finished US Goods ordered and purchased from the Company after the Closing Date, and (ii) exercise commercially reasonable efforts to refer all inquiries that it receives with respect to the Product in the United States (other than with respect to the Excluded Assets or the Pre-Closing Liabilities) to the Company.
Post-Closing Orders and Payments. From and after the Closing Date, Shire shall (i) not accept any purchase orders on behalf of Duramed, (ii) promptly deliver to Duramed any purchase orders for Product received after the Closing and any payments received from third parties for Product purchased from Duramed after the Closing, and (iii) refer all inquiries it shall receive with respect to the Product, to Duramed or its designee. Likewise, Duramed shall promptly deliver to Shire any payments Duramed receives from third parties for Product purchased from Shire prior to the Closing.
Post-Closing Orders and Payments. From and after 12:01 A.M. Eastern Daylight Savings Time on the day of the Closing Date, (a) Seller will promptly deliver to Buyer any payments received by Seller from third parties for Product purchased by the third parties from Buyer on or after the Closing Date, and refer all inquiries it receives with respect to the Product, to Buyer or its designee and (b) Buyer will promptly deliver to Seller any payments received by Buyer from third parties for the Products purchased by third parties from Seller or its Affiliates prior to the Closing Date. To the extent Seller receives any collections of amounts due Buyer resulting from sales of Product by Buyer on or after the Closing Date, Seller shall promptly (but in no event beyond 10 days) forward such payments to Buyer (and in the event any of such receipts are inadvertently deposited by Seller, Seller shall promptly pay all such amounts over to Buyer). To the extent Buyer receives any collections of amounts resulting from sales of Product by Seller prior to the Closing Date, Buyer shall promptly (but in no event beyond ten (10) days) forward such payments to Seller (and in the event any of such receipts are inadvertently deposited by Buyer, Buyer shall promptly (but in no event beyond ten (10) days) pay all such amounts over to Seller).
Post-Closing Orders and Payments. From and after the Closing Date, Seller shall deliver within one (1) Business Day to Purchaser any purchase orders for Product received after the Closing and any payments received from third parties for Product purchased from Purchaser or Seller after the Closing, and refer all inquiries it shall receive with respect to the Product, to Purchaser or its designee.
Post-Closing Orders and Payments. Except as otherwise required by the Transition Services Agreement, SELLER shall promptly deliver to PURCHASER any purchase orders for the Product received by SELLER on or after the Effective Date, and refer all inquiries it receives with respect to the Product, to PURCHASER or its designee.
Post-Closing Orders and Payments. From and after the Closing Date, subject to the terms of the Distribution Agreement, Seller shall promptly deliver to Purchaser any purchase orders for Products relating to the Territory received after the Closing and any payments received from Third Parties for Products purchased from Purchaser after the Closing, and refer all inquiries it shall receive with respect to the Products in the Territory, to Purchaser or its designee.
Post-Closing Orders and Payments. Subject to Section 5.3 above, the parties agree that all revenues, profits and losses that are in any manner attributable to sales of the Product by Sellers on or prior to the Closing Date shall be solely for the account and expense of Sellers, and Sellers shall have the responsibility to collect all accounts receivable arising from such sales. The parties further agree that all revenues, profits and losses that are in any manner attributable to sales of the Product after the Closing Date, whether accomplished by Buyer or anyone on its behalf, shall be solely for the account and expense of Buyer, and Buyer shall have the responsibility to collect all accounts receivable arising from such sales. Subject to Section 5.3 above, in the event that either Buyer, on the one hand, or Sellers, on the other hand, shall receive any payment from or any request for credit, rebate or adjustment that is for the account of the other party, then such payment or request shall promptly be forwarded to the correct party for appropriate handling. In addition, Sellers agree that, beginning on the day immediately following the Closing Date and for a period of twelve (12) months thereafter, they will forward to Buyer’s designated customer service personnel all electronic or other orders for any of the Product not more than two (2) business days after receipt of such order by personnel of Sellers or any of their Affiliates.
Post-Closing Orders and Payments. From and after 12:01 A.M. (Eastern Daylight Time) on the day immediately following the Closing Date, the Sellers shall hold all payments received by the Sellers from third parties for Products purchased by the third parties on trust for the Buyer and shall promptly deliver to the Buyer any payments received by the Sellers and refer all inquiries it receives with respect to the Products to the Buyer.
