Common use of Mail; Payments Clause in Contracts

Mail; Payments. (a) The Seller hereby authorizes the Buyer from and after the Closing to receive and open all mail and other communications relating to the business conducted with the Assets, and to act with respect to such communications in such manner as the Buyer may elect to the extent that such communications relate to the rights and obligations of the Buyer with respect to the Assets. If any communication does not relate exclusively to the rights and obligations of the Buyer with respect to the Assets, the Buyer shall forward the original or a copy of such communication promptly to the Seller. The Buyer shall promptly deliver to the Seller any moneys, checks or other instruments of payment received by the Buyer to which the Seller is entitled hereunder. (b) The Seller shall promptly deliver to the Buyer the original or a copy of any mail or other communication received by it after the Closing pertaining to the Assets. The Seller shall promptly deliver to the Buyer any moneys, checks or other instruments of payment received by the Seller to which the Buyer is entitled hereunder.