Common use of Post-Closing Transfers Clause in Contracts

Post-Closing Transfers. Immediately after Closing, Buyer shall cause financial responsibility for all utilities, internet services, facsimile numbers, wired telephone numbers and listings, and any other third party services used in the Business (“Third Party Services”) to be transferred to the Buyer. In addition, Buyer shall, within a commercially reasonable time, submit to the appropriate governmental agency the vehicle title transfer forms necessary to transfer ownership of the Seller owned vehicles listed on Schedule 3 to Exhibit A to the Buyer or Buyer’s designee. Should financial responsibility for Third Party Services fail to be transferred within thirty (30) days after the Closing Date, the Seller may terminate those Third Party Services without liability of any kind to Buyer.

Appears in 2 contracts

Samples: Asset Sale Agreement (Stonemor Partners Lp), Asset Sale Agreement (Stonemor Partners Lp)

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Post-Closing Transfers. Immediately after Closing, the Buyer shall cause financial responsibility for all utilities, internet services, facsimile numbers, wired telephone numbers and listings, and any other third party services used in the Business (“Third Party Services”) to be transferred to the Buyer. In addition, the Buyer shall, within a commercially reasonable time, submit to the appropriate governmental agency the vehicle title transfer forms necessary to transfer ownership of the Seller owned vehicles listed on Schedule 3 to Exhibit A to the Buyer or the Buyer’s designee. Should financial responsibility for Third Party Services fail to be transferred within thirty (30) days after the Closing Date, the Seller may terminate those Third Party Services without liability of any kind to the Buyer.

Appears in 2 contracts

Samples: Asset Sale Agreement (Stonemor Inc.), Asset Sale Agreement (Stonemor Inc.)

Post-Closing Transfers. Immediately Promptly after Closing, Buyer Buyers shall cause financial responsibility for all utilities, internet services, facsimile numbers, wired telephone numbers and listings, and any other third party services used in the Business (“Third Party Services”) to be transferred to the BuyerBuyers. In addition, Buyer Buyers shall, within a commercially reasonable time, submit to the appropriate governmental agency the vehicle title transfer forms necessary to transfer ownership to Buyers or Buyers’ designee of the Seller owned vehicles listed on Schedule 3 to Exhibit A to the Buyer or Buyer’s designeethis Agreement. Should financial responsibility for Third Party Services fail to be transferred within thirty (30) days after the Closing Date, the Seller Sellers may terminate those Third Party Services without liability of any kind to BuyerBuyers.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Sale Agreement (Carriage Services Inc)

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Post-Closing Transfers. Immediately after Closing, Buyer shall cause financial responsibility for all utilities, internet services, facsimile numbers, wired telephone numbers and listings, and any other third party services used in the Business (“Third Party Services”) to be transferred to the Buyer. In addition, Buyer shall, within a commercially reasonable time, submit to the appropriate governmental agency the vehicle title transfer forms necessary to transfer ownership of the Seller owned vehicles listed on Schedule 3 to Exhibit A to the Buyer or Buyer’s designee. Should financial responsibility for Third Party Services fail to be transferred within thirty (30) days after the Closing Date, the Seller may terminate those Third Party Services without liability of any kind to Buyer.

Appears in 1 contract

Samples: Asset Sale Agreement (Stonemor Partners Lp)

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