Common use of Refunds and Remittances Clause in Contracts

Refunds and Remittances. After the Closing, if Ashland or any of its affiliates receive any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates in accordance with the terms of this Agreement, Ashland promptly shall remit, or shall cause to be remitted, such amount to HoldCo. After the Closing, if HoldCo or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland or any of its affiliates in accordance with the terms of this Agreement, HoldCo promptly shall remit, or shall cause to be remitted, such amount to Ashland. After the Closing, if HoldCo or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance or other matters for which Ashland or any of its affiliates is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates in accordance with the terms of this Agreement, HoldCo promptly shall remit, or cause to be remitted, such amount to Ashland. After the Closing, if Ashland or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance or other matters for which HoldCo or any of its affiliates is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates in accordance with the terms of this Agreement, Ashland promptly shall remit, or cause to be remitted, such amount to HoldCo.

Refunds and Remittances. After the Closing, if Ashland or any of its affiliates receive any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates in accordance with the terms of this Agreement, Ashland promptly shall remit, or shall cause to be remitted, such amount to HoldCo. After the Closing, if HoldCo or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland or any of its affiliates in accordance with the terms of this Agreement, HoldCo promptly shall remit, or shall cause to be remitted, such amount to Ashland. After the Closing, if HoldCo or any of its affiliates receive any refund or other amount which is related to claims (including workers’ ' compensation), litigation, insurance or other matters for which Ashland or any of its affiliates is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates in accordance with the terms of this Agreement, HoldCo promptly shall remit, or cause to be remitted, such amount to Ashland. After the Closing, if Ashland or any of its affiliates receive any refund or other amount which is related to claims (including workers’ ' compensation), litigation, insurance or other matters for which HoldCo or any of its affiliates is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates in accordance with the terms of this Agreement, Ashland promptly shall remit, or cause to be remitted, such amount to HoldCo.

Refunds and Remittances. After the Closing, (a) if Ashland any CCR Party or any of its affiliates receive the CCR Parties’ Affiliates receives any refund or other amount which that is a CCR Transferred Asset or a CCBCC Excluded Asset, arises from operation of the CCR Business after the Closing or the operation of the CCBCC Business prior to the Closing or is otherwise properly due and owing to HoldCo the CCBCC Parties or any of its affiliates their Affiliates in accordance with the terms of this Agreement, Ashland promptly such CCR Party or Affiliate shall receive and hold such payment, refund or amount in trust for the CCBCC Parties and shall remit, or shall cause to be remitted, to the CCBCC Parties such payment, refund or amount to HoldCo. After the Closingpromptly (but in any event within sixty (60) days) after it receives such amount, and (b) if HoldCo any CCBCC Party or any of its affiliates receive the CCBCC Parties’ Affiliates receives any refund or other amount which that is an a CCBCC Transferred Asset or a CCR Excluded Asset Asset, arises from the operation of the CCBCC Business after the Closing or arises from the operation of the CCR Business prior to the Closing, or is otherwise properly due and owing to Ashland the CCR Parties or any of its affiliates their Affiliates in accordance with the terms of this Agreement, HoldCo promptly such CCBCC Party or Affiliate shall remitreceive and hold such payment, or shall cause to be remitted, such amount to Ashland. After the Closing, if HoldCo or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance or other matters in trust for which Ashland or any of its affiliates is responsible hereunder, the CCR Parties and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates in accordance with the terms of this Agreement, HoldCo promptly shall remit, or cause to be remitted, to the CCR Parties such amount to Ashland. After the Closingpayment, if Ashland or any of its affiliates receive any refund or other amount which is related to claims promptly (including workers’ compensation), litigation, insurance or other matters for which HoldCo or but in any of its affiliates is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates in accordance with the terms of this Agreement, Ashland promptly shall remit, or cause to be remitted, event within sixty (60) days) after it receives such amount to HoldCoamount.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser and the Purchaser Subs in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser, or the relevant Purchaser Sub as designated by Purchaser, at the address set forth in Section 11.02. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.02. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.02. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser and the Purchaser Subs in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser, or the relevant Purchaser Sub as designated by Purchaser at the address set forth in Section 11.02.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.02. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.02. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.02. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.02.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 13.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, remit or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 13.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 13.04. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is related to claims (including workers’ worker’s compensation), litigation, insurance or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 13.04.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 12.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 12.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 12.04. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation)claims, litigation, insurance or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 12.04.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.04. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation)claims, litigation, insurance or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.04.

Refunds and Remittances. After the Closing, if Ashland the Sellers or any of its affiliates their respective Affiliates receive any refund or other amount which that is a Transferred Purchased Asset or is otherwise properly due and owing to HoldCo a Purchaser or any of its affiliates Affiliates in accordance with the terms of this Agreement, Ashland the Sellers promptly shall remit, or shall cause to be remitted, such amount to HoldCothe applicable Purchaser. After the Closing, if HoldCo the Purchasers or any of its affiliates their respective Affiliates receive any refund or other amount which that is an Excluded a Subject Asset or is otherwise properly due and owing to Ashland a Seller or any of its affiliates Affiliates in accordance with the terms of this Agreement, HoldCo subject to Section 5.20(b) the Purchasers promptly shall remit, or shall cause to be remitted, such amount to Ashlandthe applicable Seller. After the Closing, if HoldCo the Purchasers or any of its affiliates their respective Affiliates receive any refund or other amount which that is related to claims (including workers’ compensation), litigation, insurance or other matters for which Ashland or any of its affiliates the Sellers or their respective Affiliates is responsible hereunder, and which amount is not a Transferred Purchased Asset, or is otherwise properly due and owing to Ashland or any of its affiliates the Sellers or their respective Affiliates in accordance with the terms of this Agreement, HoldCo the Purchasers promptly shall remit, or cause to be remitted, such amount to Ashlandthe Sellers. After the Closing, if Ashland the Sellers or any of its affiliates their respective Affiliates receive any refund or other amount which that is related to claims (including workers’ compensation), litigation, insurance or other matters for which HoldCo or any of its affiliates the Purchasers or their respective Affiliates is responsible hereunder, and which amount is not an Excluded a Subject Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates the Purchasers or their respective Affiliates in accordance with the terms of this Agreement, Ashland the Sellers promptly shall remit, or cause to be remitted, such amount to HoldCothe Purchasers. Notwithstanding the foregoing, the parties to this Agreement agree that this Section 5.22 shall not cover or apply to any refunds related to Taxes, which are covered exclusively by the provisions set forth in Section 10.7.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo Purchaser in accordance with the terms of this Agreement, Seller promptly shall remit, or shall cause to be remitted, such amount to Purchaser at the address set forth in Section 11.02. After the Closing, if Purchaser or any of its affiliates receives any refund or other amount which is an Excluded Asset or which is otherwise properly due and owing to Seller or any of its affiliates in accordance with the terms of this Agreement, Ashland Purchaser promptly shall remit, or shall cause to be remitted, such amount to HoldCoSeller at the address set forth in Section 11.02. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland or any of its affiliates in accordance with the terms of this Agreement, HoldCo promptly shall remit, or shall cause to be remitted, such amount to Ashland. After the Closing, if HoldCo or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, Asset or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.02. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.02.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is related to claims Claims (including workers’ compensation), litigation, insurance or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.04. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is related to claims (including workers’ compensation)Claims, litigation, insurance or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.04.

Refunds and Remittances. (a) After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall will remit, or shall will cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 12.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall will remit, or shall will cause to be remitted, such amount to AshlandSeller at the address set forth in Section 12.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation)Claims, litigation, insurance or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall will remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 12.04. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation)Claims, litigation, insurance or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall will remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 12.04.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 13.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, remit or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 13.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 13.04. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 13.04.

Refunds and Remittances. After the Closing, if Ashland the Company or any of its affiliates Affiliates receive any refund or other amount which is a Transferred Purchased Asset or is otherwise properly due and owing to HoldCo or any of its affiliates the Buyer in accordance with the terms of this Agreement, Ashland the Company promptly shall remit, remit or shall cause to be remitted, such amount to HoldCothe Buyer at the address set forth in Section 8.01. After the Closing, if HoldCo the Buyer or any of its affiliates Affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland or any of its affiliates the Company in accordance with the terms of this Agreement, HoldCo the Buyer promptly shall remit, remit or shall cause to be remitted, such amount to Ashlandthe Company at the address set forth in Section 8.01. After the Closing, if HoldCo the Buyer or any of its affiliates Affiliates receive any refund or other amount which is related to claims (including workers’ ' compensation), litigation, insurance or other matters for which Ashland the Company or any of its affiliates Parent is responsible hereunder, and which amount is not a Transferred Purchased Asset, or is otherwise properly due and owing to Ashland or any of its affiliates the Company in accordance with the terms of this Agreement, HoldCo the Buyer promptly shall remit, or cause to be remitted, such amount to Ashlandthe Company at the address set forth in Section 8.01. After the Closing, if Ashland the Company or any of its affiliates Affiliates receive any refund or other amount which is related to claims (including workers’ ' compensation), litigation, insurance or other matters for which HoldCo or any of its affiliates the Buyer is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates the Buyer in accordance with the terms of this Agreement, Ashland the Company promptly shall remit, or cause to be remitted, such amount to HoldCothe Buyer at the address set forth in Section 8.01.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is a Transferred Business Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.02. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.02. After the Closing, if HoldCo Purchaser or any of its affiliates receive receives any refund or other amount which is to the extent related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Business Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 11.02. After the Closing, if Ashland Seller or any of its affiliates receive receives any refund or other amount which is to the extent related to claims (including workers’ compensation), litigation, insurance litigation or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 11.02.

Refunds and Remittances. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is a Transferred Asset or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or shall cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 12.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is an Excluded Asset or is otherwise properly due and owing to Ashland Seller or any of its affiliates in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or shall cause to be remitted, such amount to AshlandSeller at the address set forth in Section 12.04. After the Closing, if HoldCo Purchaser or any of its affiliates receive any refund or other amount which is related to claims (including workers’ ' compensation), litigation, insurance or other matters for which Ashland or any of its affiliates Seller is responsible hereunder, and which amount is not a Transferred Asset, or is otherwise properly due and owing to Ashland or any of its affiliates Seller in accordance with the terms of this Agreement, HoldCo Purchaser promptly shall remit, or cause to be remitted, such amount to AshlandSeller at the address set forth in Section 12.04. After the Closing, if Ashland Seller or any of its affiliates receive any refund or other amount which is related to claims (including workers’ worker's compensation), litigation, insurance or other matters for which HoldCo or any of its affiliates Purchaser is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates Purchaser in accordance with the terms of this Agreement, Ashland Seller promptly shall remit, or cause to be remitted, such amount to HoldCoPurchaser at the address set forth in Section 12.04.

Refunds and Remittances. After the Closing, if Ashland or any of its affiliates receive the Seller receives any refund or other amount which that is a Transferred an Acquired Asset or is otherwise properly due and owing to HoldCo or any of its affiliates the Buyer in accordance with the terms of this Agreement, Ashland the Seller shall promptly shall remit, or shall cause to be remitted, such amount to HoldCothe Buyer at the address set forth in Section 10.3. After the Closing, if HoldCo the Buyer or any of its affiliates receive Affiliates receives any refund or other amount which that is an Excluded Asset or is otherwise properly due and owing to Ashland or any of its affiliates the Seller in accordance with the terms of this Agreement, HoldCo the Buyer shall promptly shall remit, or shall cause to be remitted, such amount to Ashlandthe Seller at the address set forth in Section 10.3. After the Closing, if HoldCo the Buyer or any of its affiliates receive Affiliates receives any refund or other amount which that is related to claims (including workers’ compensation), litigation, insurance or other matters for which Ashland or any of its affiliates the Seller is responsible hereunder, and which amount is not a Transferred an Acquired Asset, or is otherwise properly due and owing to Ashland or any of its affiliates the Buyer in accordance with the terms of this Agreement, HoldCo the Buyer shall promptly shall remit, or cause to be remitted, such amount to Ashlandthe Seller at the address set forth in Section 10.3. After the Closing, if Ashland or any of its affiliates receive the Seller receives any refund or other amount which is related to claims (including workers’ compensation)claims, litigation, insurance or other matters for which HoldCo or any of its affiliates the Buyer is responsible hereunder, and which amount is not an Excluded Asset, or is otherwise properly due and owing to HoldCo or any of its affiliates the Buyer in accordance with the terms of this Agreement, Ashland the Seller shall promptly shall remit, or cause to be remitted, such amount to HoldCothe Buyer at the address set forth in Section 10.3.