Common use of Commission Payments Owed By Seller Clause in Contracts

Commission Payments Owed By Seller. Buyer shall not be responsible for any outstanding commission payments due to Employees for the period prior to the Closing Date and/or other sales made by the Employees on or prior to the Closing Date. Seller and the Shareholders represent and agree that the payment of any such commissions, to the extent required, is an obligation of solely of the Seller and/or the Shareholders. Each of Seller and each of the Shareholders further represents that it shall, on the Closing Date, pay Employees any and all outstanding commission amounts due.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Solar Integrated Roofing Corp.), Asset Purchase Agreement (Solar Integrated Roofing Corp.), Asset Purchase Agreement (Solar Integrated Roofing Corp.)

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Commission Payments Owed By Seller. Buyer shall not be responsible for any outstanding commission payments due to Employees for the period prior to the Closing Date and/or other sales made by the Employees on or prior to the Closing Date. Date Seller and the Shareholders Shareholder represent and agree that the payment of any such commissions, to the extent required, commissions is an obligation of solely of the Seller and/or the ShareholdersSeller. Each of Seller and each of the Shareholders Shareholder further represents represent that it shall, on the Closing Date, pay Employees any and all outstanding commission amounts due.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Solar Integrated Roofing Corp.), Asset Purchase Agreement (Solar Integrated Roofing Corp.)

Commission Payments Owed By Seller. Buyer shall not be responsible for any outstanding commission payments due to Employees for the period prior to the Closing Date and/or other sales made by the Employees on or prior to the Closing DateClosing. Seller Stockholders and the Shareholders NN represent and agree that the payment of any such commissions, to the extent required, commissions is an obligation of solely of the Seller and/or the ShareholdersStockholders and NN. Each of Seller and each of the Shareholders Stockholders further represents represent that it they shall, on the Closing Date, pay Employees any and all outstanding commission amounts duedue from NN to the extent not already paid by NN.

Appears in 1 contract

Samples: Asset Purchase Agreement (SilverSun Technologies, Inc.)

Commission Payments Owed By Seller. Buyer shall not be responsible for any outstanding commission payments due to Employees for the period prior to the Closing Date and/or other sales made by the Employees on or prior to the Closing DateClosing. Seller Stockholder and the Shareholders ATR represent and agree agrees that the payment of any such commissions, to the extent required, commissions is an obligation of solely of the Seller and/or the ShareholdersStockholder and ATR. Each of Seller and each of the Shareholders Stockholder further represents that it shall, on the Closing Date, pay Employees any and all outstanding commission amounts duedue ATR.

Appears in 1 contract

Samples: Asset Purchase Agreement (SilverSun Technologies, Inc.)

Commission Payments Owed By Seller. Buyer shall not be responsible for any outstanding commission payments due to Employees for the period prior to the Closing Date and/or other sales made by the Employees on or prior to the Closing Date. Date Seller and the Shareholders Unitholders represent and agree that the payment of any such commissions, to the extent required, commissions is an obligation of solely of the Seller and/or the ShareholdersSeller. Each of Seller and each of the Shareholders Unitholders further represents represent that it shall, on the Closing Date, pay Employees any and all outstanding commission amounts due.

Appears in 1 contract

Samples: Asset Purchase Agreement (Wild Craze, Inc.)

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Commission Payments Owed By Seller. Buyer shall not be responsible for any outstanding commission payments due to Employees for the period prior to the Closing Date March 23, 2012 and/or other sales made by the Employees on or prior to the Closing DateMarch 23, 2012. Seller and the Shareholders The Stockholders represent and agree that the payment of any such commissions, to the extent required, commissions is an obligation of solely of the Seller and/or the ShareholdersStockholders. Each of Seller and each of the Shareholders The Stockholders further represents represent that it they shall, on the Closing Date, pay Employees any and all outstanding commission amounts due.

Appears in 1 contract

Samples: Asset Purchase Agreement (SilverSun Technologies, Inc.)

Commission Payments Owed By Seller. Buyer shall not be responsible for any outstanding commission payments due to Employees for the period prior to the Closing Date and/or other sales made by the Employees on or prior to the Closing Date. Seller and the Shareholders Unitholders represent and agree that the payment of any such commissions, to the extent required, commissions is an obligation of solely of the Seller and/or the ShareholdersSeller. Each of Seller and each of the Shareholders Unitholders further represents represent that it shall, on the Closing Date, pay Employees any and all outstanding commission amounts due.

Appears in 1 contract

Samples: Asset Purchase Agreement (Wild Craze, Inc.)

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