Common use of Post-Closing Collections Clause in Contracts

Post-Closing Collections. After the Closing, Buyer shall make a good faith effort to collect any revenues not collected as of the Closing Date on Seller’s behalf and to tender the same to Seller upon receipt. Buyer shall not have an exclusive right to collect the revenue due Seller and Seller hereby retains its rights to pursue claims against any party for sums due with respect to periods prior to the Closing Date. The terms of this Section 6.1 shall survive the Closing and not be merged therein.

Post-Closing Collections. After the applicable Closing, Buyer shall make a good faith effort to collect any revenues not collected as of the applicable Closing Date on Seller’s behalf and to tender the same to Seller upon receipt. Buyer shall not have an exclusive right to collect the revenue due Seller and Seller hereby retains its rights to pursue claims against any party for sums due with respect to periods prior to the applicable Closing Date. The terms of this Section 6.1 shall survive the applicable Closing and not be merged therein.