Post-Closing Transitional Matters Sample Clauses

Post-Closing Transitional Matters. For a period of ninety (90) days following the Closing, Seller shall provide, without additional cost to Buyer, such assistance as is reasonably requested by Buyer in order to effect an orderly transition in the ownership and operation of the Assets; provided, however, such post-Closing assistance shall not, in any event, exceed ten (10) hours per week.
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Post-Closing Transitional Matters. 14.1 INVOICES FOR EXISTING OR PREVIOUSLY SHIPPED INVENTORY OF PRODUCTS. With respect to any purchase orders or contracts assumed by Buyer pursuant to Section 1.1(d) hereof, in the event that Buyer receives, subsequent to the Closing, an invoice from a product manufacturer for any item of inventory of Products (i) existing and owned by the Seller as of the Closing Date the value of which was included in calculating the aggregate Inventory Value pursuant to Section 2.4 hereof was satisfied or (ii) included within Products shipped by Seller prior to the Closing, Buyer shall promptly deliver to Seller a copy of such invoice. Seller shall review such invoice and shall, within five business days of delivery of such invoice to Seller, deliver to Buyer documentation, signed by the product manufacturer, of any adjustment to the amounts reflected on such invoice. On the sixth business day after delivery of a copy of such invoice to Seller, Buyer shall have the right, in its sole discretion, either to pay such invoice, as adjusted, and be promptly reimbursed therefor by Seller or demand payment of such invoice, as adjusted, by Seller. Seller agrees to reimburse Buyer for any such invoice amount so paid or to pay any such invoice amount, as requested by Buyer, promptly upon receipt from Buyer of instructions to make such a payment. Nothing in this Section 14.1 shall be deemed to prevent Seller from disputing with the product manufacturer any amounts paid by Seller, and retaining any amounts remitted by the product manufacturer as a result of any such dispute.
Post-Closing Transitional Matters. Following the Closing, without any compensation or further consideration payable by Buyer, Seller shall respond positively to inquiries of customers and suppliers regarding the transaction contemplated hereby.
Post-Closing Transitional Matters. Following the Closing, Seller will provide, without additional cost to Buyer, except as provided below, such assistance as is reasonably requested by Buyer in order to effect an orderly transition in the ownership and operation of the Assets. Such assistance will include commercially reasonable efforts to provide or do the following:
Post-Closing Transitional Matters. For a period of ninety (90) days following the First Closing, and with respect to the Subsidiary for a period of ninety (90) days following the Second Closing, Seller shall provide, without additional cost to Buyer, such assistance as is reasonably requested by Buyer in order to effect an orderly transition in the ownership and operation of the Assets; provided, however, such post-closing assistance shall not, in any event, exceed ten (10) hours per week and that Buyer shall pay reasonable out-of-pocket expenses incurred by the Management Shareholder in connection therewith.
Post-Closing Transitional Matters. 7.12.1 For the 60-day period after the Closing, Seller will, and will cause its Affiliates to, provide, without additional cost to Buyer or out-of-pocket cost to Seller (except as provided in this Section), such assistance as is reasonably requested by Seller in order to effect an orderly transition in the ownership of the Business. Without limiting the generality of the foregoing, Seller, at its expense, will maintain the Assets at its existing facility for not more than 60 days after Closing, and Buyer will have the right to remove the Assets at any time during such 60-day period. Any costs incurred or associated with Seller maintaining any Assets (other than any such Assets which Buyer has elected in writing prior to the end of such 60-day period to treat as Excluded Assets pursuant to Section 4.4) in Seller's facility after the expiration of such 60-day period will be borne and paid solely by Buyer.
Post-Closing Transitional Matters. From the date of this Agreement until Buyer has completed the Medicaid licensing process, Seller will grant Buyer the right to use licenses issued to Seller by Medicaid in the conduct of the Business. For a period of ninety (90) days following the closing of the transactions contemplated herein, Seller shall provide, without additional cost to Buyer, such assistance as is reasonably requested by Buyer in order to effect an orderly transition in the ownership and operation of the Assets. Notwithstanding the foregoing, Seller and Buyer agree to work together in good faith to provide for reasonable transition process and transition period so that customer service is not adversely impacted as a result of the transactions contemplated in this Agreement.
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Related to Post-Closing Transitional Matters

  • Transitional Matters Each of Seller and Purchaser will use its respective reasonable efforts to cooperate to (a) transfer to Purchaser or any of its Affiliates any insurance and administrative services contracts that Purchaser wishes to continue with respect to any Employee Plan that Purchaser or any of its Affiliates is assuming or continuing pursuant to this Agreement and (b) cause any insurance carrier administering workers' compensation and other employee benefit liabilities or obligations assumed by Purchaser or any of its Affiliates to deal directly with Purchaser or such Affiliate.

  • 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.

  • Post-Closing Tax Matters As a result of the Closing, the Transferor Partnership shall terminate for federal income tax purposes pursuant to Section 708(b)(1)(B) of the Code and its tax year shall close on the Closing Date. The Transferor Agent shall prepare and timely file any federal, state, local and foreign tax or information returns due after Closing that are required to be filed by or on behalf of the Transferor Partnership with respect to all tax years or periods ending on or prior to the Closing Date. The Transferor Agent shall prepare and timely file the terminating tax returns for the Transferor Partnership resulting from the consummation of the transactions contemplated under this Agreement, provided, however, that such tax returns shall be prepared in accordance with the terms and provisions of this Agreement and provided further, that prior to the filing thereof the Transferor Agent shall submit the terminating tax returns to the BRI Partnership for its review and approval, which shall not be unreasonably withheld or delayed. The BRI Partnership shall assist the Transferor Agent in obtaining such data and information regarding the Transferor Agent to permit the Transferor Partnership to prepare such returns or to respond to any audits or assessments for the periods covered by such returns.

  • Pre Closing Matters From and after the expiration of the Inspection Period and until the Closing or earlier termination of this Agreement, except as otherwise set forth below:

  • Additional Matters (a) Any claim on account of a Liability which does not result from a Third Party Claim shall be asserted by written notice given by the Indemnitee to the related Indemnifying Party. Such Indemnifying Party shall have a period of 30 days after the receipt of such notice within which to respond thereto. If such Indemnifying Party does not respond within such 30-day period, such Indemnifying Party shall be deemed to have refused to accept responsibility to make payment. If such Indemnifying Party does not respond within such 30-day period or rejects such claim in whole or in part, such Indemnitee shall be free to pursue such remedies as may be available to such party as contemplated by this Agreement and the Ancillary Agreements.

  • Certain Additional Matters (a) Any arbitration award shall be a bare award limited to a holding for or against a party and shall be without findings as to facts, issues or conclusions of law (including with respect to any matters relating to the validity or infringement of patents or patent applications) and shall be without a statement of the reasoning on which the award rests, but must be in adequate form so that a judgment of a court may be entered thereupon. Judgment upon any arbitration award hereunder may be entered in any court having jurisdiction thereof.

  • Closing Matters (a) Within one business day of the date of this Agreement, (i) Seller shall provide Buyer with a true and correct copy of the voting instruction form with respect to the Shares held by Seller indicating the financial institution through which such shares are held and the control number provided by Broadridge Financial Solutions (or other similar service provider) regarding the voting of the Shares or written confirmation of such information as would appear on the voting instruction form; and (ii) Buyer shall send the notice attached as Annex 1 hereto to Prospect’s transfer agent.

  • Post-Closing Collateral Matters Execute and deliver the documents and complete the tasks set forth on Schedule 5.14, in each case within the time limits specified on such schedule.

  • Certain Post Closing Matters (a) Notwithstanding anything to the contrary contained in this Agreement, within the time periods set forth below or such later date to which the Administrative Agent may, in its exclusive discretion, agree in writing, the Loan Parties shall deliver to the Administrative Agent:

  • 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.

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