Common use of Receivables and other Excluded Funds Clause in Contracts

Receivables and other Excluded Funds. Buyer shall be under no obligation to collect on behalf of Seller any receivables or other funds included in the Excluded Assets and described in Section 1.9(c) above. With respect to receivables, Buyer shall be free to treat the interests of any party with a delinquent receivable in any manner deemed appropriate by Buyer.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Natural Gas Systems Inc/New), Purchase and Sale Agreement (Natural Gas Systems Inc/New), Purchase and Sale Agreement (Natural Gas Systems Inc/New)

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Receivables and other Excluded Funds. Buyer shall be under no obligation to collect on behalf of Seller any receivables or other funds included in the Excluded Assets and described in Section 1.9(c1.29(b) above. With respect to receivables, Buyer shall be free to treat of the interests definition of any party with a delinquent receivable in any manner deemed appropriate by BuyerExcluded Assets.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Denbury Resources Inc), Purchase and Sale Agreement (Sun River Energy, Inc)

Receivables and other Excluded Funds. Buyer shall be under no obligation to collect on behalf of Seller any receivables or other funds included in the Excluded Assets and described in Section 1.9(c) above. With respect to receivables, Buyer shall be free to treat the interests of any party with a delinquent receivable in any manner deemed appropriate by Buyer.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Evolution Petroleum Corp)

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Receivables and other Excluded Funds. Buyer shall be under no obligation to collect on behalf of Seller any receivables or other funds included in the Excluded Assets and described in Section 1.9(c1.29(c) above. With respect to receivables, Buyer shall be free to treat of the interests definition of any party with a delinquent receivable in any manner deemed appropriate by BuyerExcluded Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sun River Energy, Inc)

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