Common use of Receivables Clause in Contracts

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 13 contracts

Samples: Asset Purchase Agreement (Crown Electrokinetics Corp.), Asset Purchase Agreement (Kindcard, Inc.), Asset Purchase Agreement (Mphase Technologies Inc)

AutoNDA by SimpleDocs

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 7 contracts

Samples: Asset Purchase Agreement (Singing Machine Co Inc), Asset Purchase Agreement (Tattooed Chef, Inc.), Asset Purchase Agreement (CareMax, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days (5) business days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days (5) business days after its receipt thereof.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Allarity Therapeutics, Inc.), Asset Purchase Agreement (AmpliTech Group, Inc.), Asset Purchase Agreement (VidAngel, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five two (2) Business Days after its receipt thereof. From Seller and its Affiliates shall maintain any bank accounts to which customers remit payments for a period of no less than six (6) months after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereofClosing Date.

Appears in 4 contracts

Samples: Asset Purchase Agreement (P&f Industries Inc), Asset Purchase Agreement (P&f Industries Inc), Asset Purchase Agreement (P&f Industries Inc)

Receivables. From and after the Closing, if Seller Purchaser or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer Purchaser or its Affiliate shall remit any such funds to the applicable Seller within five Business Days after its receipt thereof.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Cemtrex Inc), Asset Purchase Agreement (Cemtrex Inc), Asset Purchase Agreement (Pioneer Power Solutions, Inc.)

Receivables. From and after the Closing, if Seller Sellers or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable accounts receivable of the Business or any other Purchased Transferred Asset, Seller Sellers or its any of their Affiliate shall remit such funds to Buyer within five ten (10) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five ten (10) Business Days after its receipt thereof.

Appears in 4 contracts

Samples: Purchase Agreement (American Virtual Cloud Technologies, Inc.), Purchase Agreement (Ribbon Communications Inc.), Purchase Agreement (American Virtual Cloud Technologies, Inc.)

Receivables. From and after the Closing, if Seller the Sellers or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller the Sellers or its their Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Red Lion Hotels CORP)

Receivables. From and after the Closing, if the Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, the Seller or its Affiliate such Affiliate, as the case may be, shall remit such funds to the Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if the Buyer or any of its Affiliate Affiliates receives or collects any funds relating to any Excluded Asset, the Buyer or its Affiliate such Affiliate, as the case may be, shall remit any such funds to the Seller within five (5) Business Days after its receipt thereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Global Power Equipment Group Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within [five (5)] Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within [five (5)] Business Days after its receipt thereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cloudastructure, Inc.), Asset Purchase Agreement (Cloudastructure, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate affiliate shall remit such funds to Buyer within five Business Days (5) business days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate affiliate shall remit any such funds to Seller within five Business Days (5) business days after its receipt thereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (MamaMancini's Holdings, Inc.), Asset Purchase Agreement (MamaMancini's Holdings, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Micronet Enertec Technologies, Inc.), Asset Purchase Agreement (Micronet Enertec Technologies, Inc.)

Receivables. From and after the Closing, if Seller Sellers or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller Sellers or its their Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Addvantage Technologies Group Inc)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds constituting or relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days thirty (30) business days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds constituting or relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days thirty (30) business days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Foster L B Co)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or one of its Affiliate affiliates receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate affiliate, as applicable, shall remit any such funds to Seller within five Business Days (5) business days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Grilled Cheese Truck, Inc.)

Receivables. From and after the Closing, if Seller or any of its Seller’s Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Buyer’s Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement

Receivables. From and after the Closing, if Seller Sellers or any of its their Affiliates receives receive or collects collect any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate Sellers shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives Affiliates receive or collects collect any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (HireQuest, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable accounts receivable or any other Purchased Acquired Asset, Seller or its Affiliate Affiliates shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate Affiliates receives or collects any funds relating to any Excluded Retained Asset, Buyer or its Affiliate Affiliates shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Auxilio Inc)

Receivables. From and after the Closing, if Seller the Vendor Parties or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller the Vendor Parties or its their Affiliate shall remit such funds to Buyer the Purchaser within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer the Purchaser or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer the Purchaser or its Affiliate shall remit any such funds to Seller the Vendor within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Apogee Enterprises, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable accounts receivable pertaining to the post-Closing period or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any accounts receivable pertaining to the pre-Closing period or any other Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Upexi, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Assetother, Seller or its Affiliate shall remit such funds to Buyer within five Business Days (5) business days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days (5) business days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (MOVING iMAGE TECHNOLOGIES INC.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five two (2) Business Days after its receipt thereof. From thereof Seller and its Affiliates shall maintain any bank accounts to which customers remit payments for a period of no less than six (6) months after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereofClosing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement (Adamas One Corp.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Accounts Receivable or any other Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beam Global)

Receivables. (a) From and after the Closing, if Seller or any of its Seller’s Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Seller’s Affiliate shall remit such funds to Buyer Purchaser within five (5) Business Days after its receipt thereof. . (b) From and after the Closing, if Buyer Purchaser or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer Purchaser or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Purchase Agreement (Crimson Wine Group, LTD)

Receivables. From and after the Closing, if Seller Sellers or any of its their Affiliates receives receive or collects collect any funds relating to any Accounts Receivable or any other Purchased Asset, Seller Sellers or its their Affiliate shall remit such funds to Buyer within five Business Days after its their receipt thereof. From and after the Closing, if Buyer or its Affiliate receives Affiliates receive or collects collect any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five Business Days after its their receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Myers Industries Inc)

Receivables. From and after the ClosingClosing and for one year thereafter, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the ClosingClosing and for one year thereafter, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Red Lion Hotels CORP)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased AssetAsset purchased or transferred to Buyer hereunder, Seller shall, or shall cause its Affiliate shall Affiliates to, remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hudson Global, Inc.)

Receivables. From and after the Closing, if Seller Sellers or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller Sellers or its their Affiliate shall remit such funds to Buyer within five three Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five three Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gulf Island Fabrication Inc)

Receivables. From and after the Closing, if Seller or any of its their respective Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate their respective Affiliates shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its their respective Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Continental Materials Corp)

Receivables. From and after the Closing, if Seller Sellers or any of its their Affiliates receives receive or collects collect any funds relating to any Accounts Receivable or any other Purchased Assetthat are included as part of the Assets, Seller or its Affiliate Sellers shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives Affiliates receive or collects collect any funds relating to any that are excluded as part of the Excluded AssetAssets, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (HireQuest, Inc.)

Receivables. From and after the Closing, if the Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Acquired Asset, the Seller or its Affiliate shall remit such funds to Buyer the Purchaser within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer the Purchaser or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer the Purchaser or its Affiliate shall remit any such funds to the Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Applied UV, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Acquired Asset, Seller or its Affiliate shall remit such funds to Buyer Purchaser within five Business Days after its receipt thereof. From and after the Closing, if Buyer Purchaser or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer Purchaser or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Applied UV, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Friedman Industries Inc)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days (5) business days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days (5) business days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Optex Systems Holdings Inc)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or any of its Affiliate affiliates receives or collects any funds relating to any receivable that is an Excluded Asset, Buyer or its Affiliate affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ecoark Holdings, Inc.)

Receivables. From and after the Closing, if a Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Receivable, in respect of the Purchased AssetAssets, such Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Purchaser within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Transferred Asset, Seller or its Affiliate shall remit such funds to Buyer Purchaser within five Business Days business days after its receipt thereof. From and after the Closing, if Buyer Purchaser or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer Purchaser or its Affiliate shall remit any such funds to Seller within five Business Days business days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (STRATA Skin Sciences, Inc.)

Receivables. From and after the Closing, if Seller Purchaser or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Excluded Asset, Seller Purchaser or its Affiliate shall remit any such funds to Buyer the applicable Seller within five Business Days after its receipt thereof. From and after the Closing, if Buyer Seller or its Affiliate Affiliates receives or collects any funds relating to any Excluded Purchased Asset, Buyer Seller or its Affiliate shall remit any such funds to Seller the applicable Purchaser within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Globe Photos, Inc.)

Receivables. From and after the ClosingEffective Time, if Seller Sellers or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller Sellers or its Affiliate their Affiliates shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the ClosingEffective Time, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Diversified Restaurant Holdings, Inc.)

Receivables. From and after the Closing, if any Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Receivable, in respect of the Purchased AssetAssets, such Seller or its Affiliate shall remit such funds to Buyer Purchaser within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Orchard Supply Hardware Stores Corp)

Receivables. From and after the Closing, if Seller Sellers or any of its their Affiliates receives receive or collects collect any funds relating to any Accounts Receivable the Sellers or any other Purchased Asset, Seller or its their Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five 5 Business Days after its receipt thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Upexi, Inc.)

AutoNDA by SimpleDocs

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable accounts receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (LZG International, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate their Affiliates shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Foster L B Co)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to (i) any of the receivables set forth on Section 6.13 of the Schedules, or (ii) any Excluded Asset, in each case, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Super League Gaming, Inc.)

Receivables. From and after the Closing, if Seller Founder, Seller, or any of its Affiliates their affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller Founder, Seller, or its Affiliate their affiliate shall remit such funds to Buyer within five Business Days business days after its receipt thereofof such funds. From and after the Closing, if Buyer or its Affiliate affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate affiliate shall remit any such funds to Seller within five Business Days business days after its receipt thereofof such funds.

Appears in 1 contract

Samples: Asset Purchase Agreement (NuZee, Inc.)

Receivables. From and after the Closing, if the Seller Entities or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, the Seller Entities or its Affiliate their Affiliates shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cyberoptics Corp)

Receivables. From and after the Closing, if Seller Parent, Sellers or any of its their Affiliates receives or collects representatives receive or collect any funds relating to any Accounts Receivable or any other Purchased Acquired Asset, Seller or its Affiliate shall remit such funds shall be remitted to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives Affiliates or collects representatives receive or collect any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds shall be remitted to Seller Sellers within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Aep Industries Inc)

Receivables. From and after the Closing, if any Seller or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable Purchased Assets, Sellers or any other Purchased Asset, Seller or its their Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Regis Corp)

Receivables. From and after the ClosingApplicable Working Capital Date, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall shall, subject to Closing having occurred, remit such funds to Buyer within five Business Days after the later of (i) the Closing Date and (ii) its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Share and Asset Purchase Agreement (Grifols SA)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its such Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bassett Furniture Industries Inc)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, the Seller or its Affiliate shall remit such funds to Buyer the Company within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Equity Purchase Agreement (Upexi, Inc.)

Receivables. From and after the Closing, if a Seller Party or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, such Seller Party or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intellinetics, Inc.)

Receivables. From and after the Closing, if Seller Stockholder, Sellers or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller Stockholder, Sellers or its their Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Brooks Automation Inc)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer promptly, and in any event, within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller promptly, and in any event, within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (TRxADE HEALTH, INC)

Receivables. From and after the ClosingEffective Time, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased AssetReceivable, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Bob Evans Farms Inc)

Receivables. From and after the Closing, if any Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, such Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Super League Gaming, Inc.)

Receivables. From and after the Closing, if any Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Acquired Asset, such Seller or its Affiliate shall remit such funds to Buyer Purchaser within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer Purchaser or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer Purchaser or its Affiliate shall remit any such funds to the applicable Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Applied UV, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five three (3) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five three (3) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Innovative Food Holdings Inc)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, : (a) if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to the applicable Seller within five Business Days after its receipt thereof; and (b) if Sellers or their Affiliates receive or collect any funds relating to any Purchased Asset, the applicable Seller or its Affiliate shall remit any such funds to the Buyer within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Staffing 360 Solutions, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. Notwithstanding the foregoing, Seller shall be entitled to retain any funds, whether billed or unbilled, received, or collected related to products delivered or services performed prior to the Closing Date including any products shipped prior to the Closing but not yet accepted by the customer. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Astronics Corp)

Receivables. From and after the Closing, if a Seller or any of its Affiliates receives or collects any funds relating attributable to any Accounts Receivable or any other Purchased Asset, such Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Xxxx within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Luna Innovations Inc)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall use its reasonable best efforts to remit such funds to Buyer Buyers within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer Buyers or its their Affiliate receives receive or collects collect any funds relating to any Excluded Asset, Buyer Buyers or its their Affiliate shall use its reasonable best efforts to remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement and Stock Purchase Agreement (Schmitt Industries Inc)

Receivables. From and after the ClosingEffective Time, if Seller Sellers or any of its their Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller Sellers or its Affiliate their Affiliates shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the ClosingEffective Time, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller Sellers within (5) five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Diversified Restaurant Holdings, Inc.)

Receivables. From and after the Closing, if Seller or any of its Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased Asset, Seller or its Affiliate shall remit such funds to Buyer within five Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Affiliate shall remit any such funds to Seller within five Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (SMTP, Inc.)

Receivables. From and after the Closing, if Seller or any of its Seller’s Affiliates receives or collects any funds relating to any Accounts Receivable or any other Purchased AssetTransferred Assets, Seller or its Affiliate shall remit such funds to Buyer within five (5) Business Days after its receipt thereof. From and after the Closing, if Buyer or its Affiliate receives or collects any funds relating to any Excluded Asset, Buyer or its Buyer’s Affiliate shall remit any such funds to Seller within five (5) Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Quanergy Systems, Inc.)

Receivables. From and after the Closing, if Seller Sellers or any of its their Affiliates receives receive or collects collect any funds relating to any Accounts Receivable or any other Purchased Asset, Seller Sellers or its Affiliate their Affiliates shall remit such funds to Buyer Buyers within five three Business Days after its receipt thereof. From and after the Closing, if Buyer Buyers or its Affiliate receives their Affiliates receive or collects collect any funds relating to any Excluded Asset, Buyer Buyers or its Affiliate their Affiliates shall remit any such funds to Seller Sellers within five three Business Days after its receipt thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (JanOne Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!