Common use of Transfer of Orders; Assignments Clause in Contracts

Transfer of Orders; Assignments. Prior to the Closing, Seller and Buyer agree to cooperate with each other in conducting joint contacts with the Current Customers (as appropriate) for the purpose of attempting to obtain such customers' consent to transfer orders from Seller to Buyer or its designees (or to issue new orders to Buyer or its designees for the same or similar items) and to assign Seller's rights and benefits under the relevant Transferred Agreements to Buyer or its designees as of the Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Neomagic Corp), Asset Purchase Agreement (Neomagic Corp)

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Transfer of Orders; Assignments. Prior to the Closing, Seller and Buyer agree to cooperate with each other in conducting joint contacts with the Current Customers (as appropriate) for the purpose of attempting to obtain such customers' consent to transfer orders from Seller to Buyer or its designees (or to issue new orders to Buyer or its designees for the same or similar items) and to assign Seller's rights and benefits under the relevant Transferred Agreements Contracts to Buyer or its designees as of the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mypoints Com Inc)

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Transfer of Orders; Assignments. Prior to the such Closing, Seller and Buyer agree to cooperate with each other in conducting joint contacts with the Current Customers (as appropriate) for the purpose of attempting to obtain such customers' consent to transfer orders from Seller to Buyer or its designees (or to issue new orders to Buyer or its designees for the same or similar items) and to assign Seller's rights and benefits obligations under the relevant Transferred Agreements Contracts to Buyer or its designees Buyer, if such Contracts are assigned to Buyer, as of the Closing.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Probusiness Services Inc)

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