Utility Contracts. A Seller Affiliate will allow Steeringmex, until thirty (30) days after Closing, to continue to receive electricity (“Post-Closing Mexico Utilities”) under certain mutually agreed utility contracts listed in Schedule 9.20.2 to this Agreement from the applicable utility service provider(s), including keeping that certain $180,000.00 deposit (the “Mexico Deposit”) in place. Steeringmex will enter into separate utility contracts with the applicable utility service provider(s). Within ten (10) days after receipt of an invoice for the Post-Closing Mexico Utilities, Steeringmex will pay the applicable Seller Affiliate for the Post-Closing Mexico Utilities.
Appears in 6 contracts
Samples: Master Disposition Agreement (Delphi Automotive PLC), Master Disposition Agreement (General Motors Co), Master Disposition Agreement (Delphi Corp)
