Common use of Subsequent Documentation Clause in Contracts

Subsequent Documentation. The Seller shall, at any time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees), do, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers and conveyances as may reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased Property. The Seller hereby constitutes and appoints, effective as of the Closing Date, the Buyer, its successors and assigns as the true and lawful attorney of the Seller with full power of substitution in the name of the Buyer or in the name of the Seller but for the benefit of the Buyer (a) to collect for the account of the Buyer all Accounts Receivable and any other items of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property and to defend or compromise (subject to Article XI hereof, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased Property. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cascade Microtech Inc)

AutoNDA by SimpleDocs

Subsequent Documentation. The Seller Sellers shall, at any time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees)Sellers, do, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers and conveyances as may reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased Property. The Seller Sellers hereby constitutes constitute and appointsappoint, effective as of the Closing Date, the Buyer, its successors and assigns as the true and lawful attorney of the Seller Sellers with full power of substitution in the name of the Buyer or in the name of the Seller Sellers but for the benefit of the Buyer (a) to collect for the account of the Buyer all Accounts Receivable and any other items item of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property and to defend or compromise (subject to Article XI Section 11 hereof, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased Property. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Information Holdings Inc)

Subsequent Documentation. The Seller Sellers shall, at any time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees)Sellers, do, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, consents, transfers and conveyances as may reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased Property. The Seller Sellers hereby constitutes constitute and appointsappoint, effective as of the Closing Date, the Buyer, its successors and assigns as the true and lawful attorney of all of the Seller Sellers with full power of substitution in the name of the Buyer or in the name of any of the Seller Sellers but for the benefit of the Buyer (a) to collect for the account of the Buyer all Accounts Receivable and any other items item of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property and to defend or compromise (subject to Article XI Section 13 hereof, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased Property. The Sellers agree to hold in trust for the account of the Buyer all Accounts Receivable received by Sellers on or after the Closing Date and further agree to promptly deliver such Accounts Receivable to the Buyer. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alltrista Corp)

Subsequent Documentation. The Seller shall, at any time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees)Buyer, do, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers and conveyances as may be reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased Property. The Seller hereby constitutes and appoints, effective as of the Closing Date, the Buyer, its successors and assigns as the true and lawful attorney of the Seller with full power of substitution in the name of the Buyer or in the name of the Seller but for the benefit of the Buyer and at the expense of the Buyer (a) to collect for the account of the Buyer all Accounts Receivable and any other items item of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property and to defend or compromise (subject to Article XI XII hereof, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased Property. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Information Holdings Inc)

Subsequent Documentation. The Each Seller shall, at any time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees)Sellers, do, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers and conveyances conveyances, and take such other actions, as may reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased Property. The Each Seller hereby constitutes and appoints, effective as of the Closing Date, the Buyer, its successors and assigns assigns, as the true and lawful attorney of the such Seller with full power of substitution in the name of the Buyer or in the name of the such Seller but for the benefit of the Buyer (a) to collect for the account of the Buyer all Accounts Receivable and any other items item of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its sole discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property and to defend or compromise (subject to Article XI hereof, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased Property. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

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

Subsequent Documentation. The Seller shall, at any time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees)Seller, do, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers and conveyances as may reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased Property. The Seller hereby constitutes and appoints, effective as of the Closing Date, the Buyer, its successors and assigns as the true and lawful attorney of the Seller with full power of substitution in the name of the Buyer or in the name of the Seller but for the benefit of the Buyer (a) to collect for the account of the Buyer all Eligible Accounts Receivable and any other items item of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Eligible Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property and to defend or compromise (subject to Article XI Section 11 hereof, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased Property. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sirco International Corp)

Subsequent Documentation. The Seller shall, at any ------------------------ time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees), doBuyer, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers and conveyances conveyances, and take such other actions as may reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased Property. The Seller hereby constitutes and appoints, effective as of the Closing Date, the Buyer, its successors and assigns assigns, as the true and lawful attorney of the Seller with full power of substitution in the name of the Buyer or in the name of the Seller but for the benefit of the Buyer (a) to collect for the account of the Buyer all Accounts Receivable and any other items item of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property and to defend or compromise (subject to Article XI hereofSection 11, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased Property. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

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

AutoNDA by SimpleDocs

Subsequent Documentation. The Seller shall, at any time and from time to time after the Closing Date, upon the reasonable request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees)Buyer, do, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers and conveyances as may reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased PropertyAssets. The Seller hereby constitutes and appoints, effective Effective as of the Closing Date, to the extent that Seller, fails to cooperate and provide the foregoing aid and assistance within ten (10) days after receipt of a demand by Buyer to do so, Seller hereby constitutes and appoints (without further approval or other action on the part of Seller), Buyer, its successors and assigns as the true and lawful attorney of the Seller with full power of substitution in the name of the Buyer or in the name of the Seller but for the benefit of the Buyer (a) to collect for the account of the Buyer all accounts and notes receivable of Assignor or with respect to Seller, all accounts and notes receivable with respect to the Purchased Assets existing on the Closing Date (the “Accounts Receivable Receivable”) and any other items of Purchased Property Assets and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property Assets and to defend or compromise (subject to Article XI hereof, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased PropertyAssets. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Response Genetics Inc)

Subsequent Documentation. The Seller shall, at any time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees), doBuyer, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers and conveyances conveyances, and take such other actions as may reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased Property. The Seller hereby constitutes and appoints, effective as of the Closing Date, the Buyer, its successors and assigns assigns, as the true and lawful attorney of the Seller with full power of substitution in the name of the Buyer or in the name of the Seller but for the benefit of the Buyer (a) to collect for the account of the Buyer all Accounts Receivable and any other items item of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property and to defend or compromise (subject to Article XI hereofSection 11, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased Property. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including any amounts payable as interest in respect thereof.

Appears in 1 contract

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

Subsequent Documentation. The Seller shall, shall at any time and from time to time after the Closing Date, upon the request of the Buyer and at the expense of the Seller (provided that Buyer shall be solely responsible for any filing or other third party fees)Seller, do, execute, acknowledge and deliver, or cause to be done, executed, acknowledged and delivered, all such further deeds, assignments, transfers transfers, consents, waivers, releases, bills of sale, instruments, assurances, affidavits and conveyances as may be reasonably be required for the better assigning, transferring, granting, conveying and confirming to the Buyer or its successors and assigns, or for aiding and assisting in collecting and reducing to possession, any or all of the Purchased PropertyAssets. The Seller hereby constitutes and appoints, effective as of the Closing Date, the Buyer, its successors and assigns as the true and lawful attorney attorneys of the Seller with full power of substitution in the name of the Buyer or in the name of the Seller but for the benefit of the Buyer (a) to collect for the account of the Buyer all Accounts Receivable and any other items of Purchased Property and (b) to institute and prosecute all proceedings which the Buyer may in its discretion deem proper in order to collect the Accounts Receivable or to assert or enforce any right, title or interest in, to or under the Purchased Property Assets and to defend or compromise (subject to Article XI hereof, if applicable) any and all actions, suits or proceedings in respect of any of the Purchased PropertyAssets. The Buyer shall be entitled to retain for its own account any amounts collected pursuant to the foregoing powers, including without limitation any amounts payable as interest in respect thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Proformix Systems Inc)

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