Post-Closing Confirmation Sample Clauses

Post-Closing Confirmation. The Seller confirms that, following Closing, no Target Group Company shall be bound by the terms of the Deferred Prosecution Agreement.
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Post-Closing Confirmation. (i) At the Closing, Purchaser shall be entitled to holdback from the Closing Payment an amount equal to fifteen percent (15%) of the Preliminary Closing Date Qualified Receivables Amount (such amount being referred to as the "Receivables Holdback"). For the period beginning on the -------------------- Closing Date and including and ending on the thirtieth (30th) day following the Closing Date (the "Evaluation Period"), the Purchaser shall ----------------- confirm the valid existence of and qualification of such Qualified Receivables comprising such Preliminary Closing Date Qualified Receivables Amount. Before the expiration of the Evaluation Period, if Purchaser has a reasonable good faith belief that one or more of the Accounts Receivable reported on the updated Section 5.6 of the Seller Disclosure Letter, delivered on the Closing Date, does not qualify as a Qualified Receivable (the amount of such disputed Account Receivable(s) being the "Disputed Amount"), then it shall notify Seller in --------------- writing of such concerns, and include any written evidence reasonably affirming Purchaser's claim ("AR Rejection Notice"). If Purchaser fails to deliver an AR ------------------- Rejection Notice to Seller on or before the last day of the Evaluation Period, Purchaser shall pay by wire transfer of immediately available funds, the entire Receivables Holdback to Seller or as otherwise directed by Seller within five days following the expiration of the Evaluation Period. In the event that the Disputed Amount is less than the Receivables Holdback, Purchaser shall pay by wire transfer of immediately available funds, the portion of the Receivables Holdback that is in excess of the Disputed Amount to Seller, or as otherwise directed by Seller, within five days following the expiration of the Evaluation Period.

Related to Post-Closing Confirmation

  • Post-Closing Agreement Administrative Agent shall have received an executed and delivered post-closing agreement (the “Post-Closing Agreement”) with respect to certain post-closing undertakings by the Credit Parties.

  • Post-Closing Deliveries (a) The Borrower hereby agrees to deliver, or cause to be delivered, to the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent, the items described on Schedule 5.15 hereof on or before the dates specified with respect to such items, or such later dates as may be agreed to by, or as may be waived by, the Administrative Agent in its sole discretion.

  • Post-Closing Covenant The Borrower agrees that it will, or will cause its relevant Subsidiaries to, complete each of the actions described on Schedule 9.14 as soon as commercially reasonable and by no later than the date set forth in Schedule 9.14 with respect to such action or such later date as the Administrative Agent may reasonably agree.

  • Post-Closing Matters Execute and deliver the documents and complete the tasks set forth on Schedule 6.14, in each case within the time limits specified on such schedule, as such time limits may be extended from time to time by Agent in its reasonable discretion.

  • Seller’s Closing Certificate A certificate duly executed by Seller in the form of Exhibit J attached hereto (the “Seller’s Closing Certificate”).

  • Post Closing Agreements From and after the Closing, the parties shall have the respective rights and obligations which are set forth in the remainder of this Article VI.

  • Post-Closing Deliverables On or before the Closing Date, the applicable Seller shall deliver to Buyer the following:

  • Post-Closing Conditions On or before each of the dates specified in this Section 4.3, Borrower shall satisfy each of the items specified in the subsections below:

  • Post-Closing Covenants The Parties agree as follows with respect to the period following the Closing.

  • Post-Closing Confidentiality From and after the Closing, the Sellers and Wind Down Co. will, and will cause their respective Affiliates to, hold in strict confidence, and will not use to the detriment of Buyer or any of its Affiliates, all non-public information with respect to the Business, the Acquired Assets or the Assumed Liabilities. Notwithstanding anything to the contrary contained herein, any Seller or Wind Down Co. may disclose such information (a) if such Seller or Wind Down Co. is compelled to disclose the same by judicial or administrative process or by other requirements of law (but subject to the following provisions of this Section 5.18), (b) if the same currently is in the public domain or hereafter is in the public domain through no fault of such Seller or Wind Down Co. or any of its Affiliates or (c) if the same is later acquired by such Seller or Wind Down Co. or any of its Affiliates from another source that is not under an obligation to another Person to keep such information confidential, or (d) if necessary in connection with the administration of the Bankruptcy Cases and the wind-down of the Sellers’ estates. If any Seller, Wind Down Co. or any of its Affiliates (the “Disclosing Party”) becomes legally required (by interrogatories, requests for information or documents in legal proceedings, subpoena, civil investigative demand, rule of civil procedure or other similar process) to disclose any such non-public confidential information, the Disclosing Party shall provide Buyer with prompt written notice of any such requirement so that Buyer may seek, at Buyer’s sole cost and expense, a protective order or other appropriate remedy and/or waive compliance with the provisions of this Section 5.18. If, in the absence of a protective order or other remedy or the receipt of a waiver by Buyer, the Disclosing Party nonetheless, based on the written advice of outside counsel, is required to disclose such non-public confidential information to any tribunal or else stand liable for contempt or suffer other censure or penalty, the Disclosing Party, without liability hereunder, may disclose that portion of such information which such counsel advises the Disclosing Party it is legally required to disclose. Each of the Sellers and or Wind Down Co. acknowledges and agrees that money damages would not be an adequate remedy for any breach of its agreements contained in this Section 5.18 and that in addition to any other remedies available to Buyer, Buyer shall be entitled to the remedies of injunction, specific performance and other equitable relief for any threatened or actual breach of this Section 5.18.

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