Common use of Post-Closing Remittances Clause in Contracts

Post-Closing Remittances. If, after the Closing Date, Seller shall receive any remittance from any account debtors with respect to any accounts or Receivables included in the Purchased Assets, Seller shall endorse such remittance to the order of Buyer and forward it to Buyer promptly following receipt thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Exide Corp)

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Post-Closing Remittances. If, after the Closing Date, the Seller or its Affiliates shall receive any remittance from any account debtors with respect to any accounts or Receivables included in Accounts Receivable, the Purchased Assets, Seller shall endorse such remittance to the order of Buyer and forward it to Buyer promptly following receipt thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Penn Treaty American Corp)

Post-Closing Remittances. If, after the Closing Date, Seller shall receive any remittance from any account debtors with respect debtor or other payee, which remittance relates to any accounts or Receivables included in the Purchased Assetsperiod following the Closing Date, Seller shall endorse endorse, where necessary, such remittance to the order of Buyer and forward it to Buyer promptly following receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sirva Inc)

Post-Closing Remittances. If, after the Closing Date, Seller ------------------------ shall receive any remittance from any account debtors with respect to any accounts or Receivables included in the Purchased Assets, Seller shall endorse such remittance to the order of Buyer and forward it to Buyer promptly following receipt thereofthereof .

Appears in 1 contract

Samples: Stock Purchase Agreement (Exide Corp)

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Post-Closing Remittances. If, after the Closing Date, Seller shall receive any remittance from any account debtors with respect to any accounts or Receivables notes receivable included in the Purchased Assets, Seller shall endorse such remittance to the order of Buyer and forward it to Buyer promptly following receipt thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cumulus Media Inc)

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