Account Receivables. (a) Seller will retain and be responsible for collecting on all account receivables for products delivered and services provided to customers prior to and at Closing (“Retained A/R”). Purchaser will purchase and be responsible for collecting on all account receivables for products delivered and services provided to customers after Closing.
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Samples: Asset Purchase Agreement (PunchFlix, Inc.), Asset Purchase Agreement (PunchFlix, Inc.), Asset Purchase Agreement (PunchFlix, Inc.)
Account Receivables. (a) Seller will retain and be responsible for collecting on all account receivables for products delivered and services provided to customers supplied prior to and at Closing Date (“Retained A/R”). Purchaser will purchase and be responsible for collecting on all account receivables for products delivered and services provided to customers rendered on or after ClosingClosing Date.
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