Suspense Amounts. Schedule 3.01(r) sets forth a complete and accurate list of the amounts held in suspense relative to the Properties as of the date set forth in such Schedule. To the extent circumstances require, the Xxxxx-Xxxx Parties will provide an updated schedule of such suspense amounts to Buyer at Closing.
Suspense Amounts. Section 7.38 of the Disclosure Schedule sets forth all amounts held in suspense by Company or any Subsidiary relative to their assets.
Suspense Amounts. Except for the monies held in suspense and for the account of third parties as set forth on Schedule 3.01(r) (“Suspense Amounts”), there are no monies held in suspense and for the account of third parties as of the Closing Date.
Suspense Amounts. The responsibility for payment of and escheat actions and obligations related to the Suspense Amounts held in suspense by Seller for periods prior to the Effective Time as to any of the Assets (such as suspended royalties held in the ordinary course of business as a result of title defects or changes of ownership) and the Suspense Amounts so held shall be transferred to Buyer at the Closing Date (along with all reasonable supporting documentation to the extent in Seller’s possession). After such time, the Suspense Amounts and any items accruing to suspense on account of production from the Assets shall be the responsibility of Buyer. From and after the Closing Date, Buyer shall assume all responsibility for the Suspense Amounts and the escheat actions and obligations related thereto, and shall indemnify and hold Seller harmless from any claim or liability with respect thereto.
Suspense Amounts. Suspense and other amount not yet applied or received will be included in the adjustments pursuant to Section 2.3(a)(ii) with a true-up 6 effected at or shortly after the end of the term of the applicable services under the Transition Services Agreement. Section 2.5
Suspense Amounts. 6 Section 2.5 Ceding Commission 7 Section 2.6 No Privity 7 Section 2.7 Unclaimed Property 7 Article III Policy Administration and Related Matters 7
Suspense Amounts. Except as set forth in Schedule 5.01(w), there are no amounts held in suspense by Sellers relative to the Properties.
Suspense Amounts. Schedule 6.17 lists all funds held in suspense (by any Seller or its Affiliates as of the Effective Time that are attributable to the Assets (the “Suspense Amounts”), a description of the source of the Suspense Amounts and, if known, the name or names of the Person claiming the Suspense Amounts or to whom the Suspense Amounts are owned.
Suspense Amounts. Within five (5) business days after the Closing Date, Seller shall provide to Buyer (a) information regarding all Suspense Amounts as of the Effective Time, including the reasons that the funds are in suspense, and (b) Seller’s division of interest and all supporting documentation regarding the parties that are entitled to such Suspense Amounts. Thereafter, Buyer shall be responsible for the payment of all Suspense Amounts to the proper parties.
Suspense Amounts. 6 Section 2.5 Ceding Commission 7 Section 2.6 No Privity 7 Section 2.7 Unclaimed Property 7 Article III Policy Administration and Related Matters 7 Section 3.1 Administration 7 Section 3.2 Reimbursement 8 Section 3.3 Reporting and Payments 9 Section 3.4 Records 9 Section 3.5 Errors and Omissions 9 Section 3.6 DAC Tax Election 9 Section 3.7 Excise Tax Reimbursement 9
