Common use of Cooperation After Closing Clause in Contracts

Cooperation After Closing. (a) The Seller, each Shareholder and the Buyer shall cooperate with each other after the Closing hereunder in clearing the title to any of the Transferred Assets to the Buyer pursuant hereto in the event that the Seller’s title to any such property, as the case may be, as of the Closing Date, shall be defective, not marketable or nonassignable. In this connection, the Seller shall take all commercially reasonable action, including, but not limited to, the furnishing of documents and evidences of title and assistance in the preparation and trial of any necessary litigation, to clear title to any such property, all of which shall be at the expense of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (DXP Enterprises Inc)

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Cooperation After Closing. (a) The SellerIn the event Buyer should discover that Seller did not or does not have title to the Transferred Assets, each Shareholder and the Buyer Seller shall cooperate with each other Buyer after the Closing hereunder in clearing the title to any of the Transferred Assets to the Buyer pursuant hereto in the event that if the Seller’s 's title to any such of the property, as the case may be, as of the Closing Date, shall be defective, not marketable or nonassignable. In this connection, the Seller shall take all commercially reasonable action, including, but not limited to, including the furnishing of documents and evidences of title and assistance in the preparation and trial of any necessary litigation, to clear title to any such that property, all of which shall be at the expense of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Equalnet Communications Corp)

Cooperation After Closing. (a) The Seller, each Shareholder Sellers and the Buyer shall cooperate with each other after the Closing hereunder in clearing the title to any of the Transferred Assets to the Buyer pursuant hereto in the event that the Seller’s title to any such property, or rights and obligations under the Air Permit, as the case may be, as of the Closing Date, shall be defective, not marketable marketable, or nonassignable. In this connection, the Seller Sellers shall take all commercially reasonable action, including, but not limited to, the furnishing of documents and evidences of title and assistance in the preparation and trial of any necessary litigation, to clear title to any such property, all of which shall be at the expense of the SellerSellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (PRB Transportation, Inc.)

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Cooperation After Closing. (a) The Seller, each Shareholder the Shareholders and the Buyer shall cooperate with each other after the Closing hereunder in clearing the title to any of the Transferred Assets to the Buyer pursuant hereto in the event that the Seller’s title to any such property, as the case may be, as of the Closing Date, shall be defective, not marketable or nonassignable. In this connection, the Seller shall take all commercially reasonable action, including, but not limited to, the furnishing of documents and evidences of title and assistance in the preparation and trial of any necessary litigation, to clear title to any such property, all of which shall be at the expense of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (DXP Enterprises Inc)

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