Common use of Apportionment Clause in Contracts

Apportionment. If Seller, or a Shareholder, or any of their Affiliates receive any amounts in payment of obligations owed to Buyer, including, but not limited to, payments owed to Buyer in respect of the Acquired Assets, then the receiving party shall promptly deliver or pay them over to Buyer. If Buyer or any of its Affiliates receives any amounts in payment of obligations owed to Seller or a Shareholder or any of their respective Affiliates then Buyer shall promptly deliver or pay them over to Seller.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Solar Integrated Roofing Corp.), Asset Purchase Agreement (Solar Integrated Roofing Corp.), Asset Purchase Agreement (Solar Integrated Roofing Corp.)

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Apportionment. If Seller, or a the Shareholder, or any of their Affiliates receive any amounts in payment of obligations owed to Buyer, including, but not limited to, payments owed to Buyer in respect of the Acquired Assets, then the receiving party shall promptly deliver or pay them over to Buyer. If Buyer or any of its Affiliates receives any amounts in payment of obligations owed to Seller or a the Shareholder or any of their respective Affiliates then Buyer shall promptly deliver or pay them over to Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Solar Integrated Roofing Corp.), Asset Purchase Agreement (Solar Integrated Roofing Corp.)

Apportionment. If Seller, or a Shareholder, or any of their Affiliates receive Seller receives any amounts in payment of obligations owed to Buyer, including, but not limited to, payments owed to Buyer in respect of the Acquired Assets, then the receiving party shall promptly deliver or pay them over to Buyer. If Buyer or any of its Affiliates receives any amounts in payment of obligations owed to Seller or a Shareholder or any of their respective Affiliates then Buyer shall promptly deliver or pay them over to Sellerthe appropriate party.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Vystar Corp), Asset Purchase Agreement (Vystar Corp)

Apportionment. If Seller, or a Shareholderany of the Unitholders, or any of their Affiliates receive any amounts in payment of obligations owed to Buyer, including, but not limited to, payments owed to Buyer in respect of the Acquired Assets, then the receiving party shall promptly deliver or pay them over to Buyer. If Buyer or any of its Affiliates receives any amounts in payment of obligations owed to Seller or a Shareholder any of the Unitholders or any of their respective Affiliates then Buyer shall promptly deliver or pay them over to Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Wild Craze, Inc.), Asset Purchase Agreement (Wild Craze, Inc.)

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Apportionment. If Seller, or a Shareholder, or any of their Affiliates Sellers receive any amounts in payment of obligations owed to Buyer, including, but not limited to, payments owed to Buyer in respect of the Acquired Assets, then the receiving party shall promptly deliver or pay them over to Buyer. If Buyer or any of its Affiliates receives any amounts in payment of obligations owed to Seller or a Shareholder Sellers or any of their respective Affiliates then Buyer shall promptly deliver or pay them over to Sellerthe appropriate party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paid Inc)

Apportionment. If Xxxxxxxxx, Seller, or a Shareholderany of the Stockholders, or any of their Affiliates receive any amounts in payment of obligations owed to Buyer, including, but not limited to, payments owed to Buyer in respect of the Acquired Assets, then the receiving party shall promptly deliver or pay them over to Buyer. If Buyer or any of its Affiliates receives any amounts in payment of obligations owed to Xxxxxxxxx, Seller or a Shareholder any of the Stockholders or any of their respective Affiliates then Buyer shall promptly deliver or pay them over to Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (SilverSun Technologies, Inc.)

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