Common use of Post-Closing Payments and Demands Clause in Contracts

Post-Closing Payments and Demands. Should the Seller, after Closing, receive payments to which a Buyer is entitled pursuant to this Agreement, then the Seller shall, within thirty (30) days of receipt of the same, forward such payments to the Buyer in question, and should either Buyer, after Closing, receive payments to which the Seller is entitled pursuant to this Agreement, then that Buyer, within thirty (30) days of receipt of the same, shall forward such payments to the Seller. If any demand is made on a Buyer after Closing to pay any invoice or other obligation contracted or incurred by Seller prior to Closing in the operation of the Business, the Buyer shall pay the same to the extent such invoice or obligation constitutes an Assumed Liability for which the Buyer in question is responsible under this Agreement; if and to the extent any such invoice or obligation constitutes an Excluded Liability, Seller shall pay the same.

Post-Closing Payments and Demands. Should the Seller, after Closing, receive payments to which a the Buyer is entitled pursuant to this Agreement, then the Seller shall, within thirty (30) days of receipt of the same, forward such payments to the Buyer in questionBuyer, and should either the Buyer, after Closing, receive payments to which the Seller is entitled pursuant to this Agreement, then that the Buyer, within thirty (30) days of receipt of the same, shall forward such payments to the Seller. If any demand is made on a the Buyer after Closing to pay any invoice or other obligation contracted or incurred by Seller prior to Closing in the operation of the Business, the Buyer shall pay the same to the extent such invoice or obligation constitutes an Assumed Liability for which the Buyer in question is responsible under this AgreementLiability; if and to the extent any such invoice or obligation constitutes an Excluded Liability, Seller shall pay the same.

Post-Closing Payments and Demands. Should the Seller, after Closing, receive payments to which a the Buyer is entitled pursuant to this Agreement, then the Seller shall, within thirty (30) days of receipt of the same, forward such payments to the Buyer in questionBuyer, and should either the Buyer, after Closing, receive payments to which the Seller is entitled pursuant to this Agreement, then that the Buyer, within thirty (30) days of receipt of the same, shall forward such payments to the Seller. If any demand is made on a the Buyer after Closing to pay any invoice or other obligation contracted or incurred by Seller prior to Closing in the operation of the Business, the Buyer shall pay the same to the extent such invoice or obligation constitutes an Assumed Liability for which the Buyer in question is responsible under this AgreementLiability; if and to the extent any such invoice or obligation constitutes an Excluded Liability, Seller shall pay the same.. ARTICLE 7