From and after Closing. (a) Upon Closing, Seller shall direct all appropriate Persons that all payments discussed in Section 10.5.1 that relate to the operation of the Business after the Closing Date with respect to the Study Area(s) comprising the Seller Exchanges shall be paid to Buyer. In the event any such Person fails to make such payment to Buyer and pays Seller, Seller shall immediately deliver such funds to Buyer.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Centurytel Inc), Asset Purchase Agreement (Verizon South Inc)
From and after Closing. (a) Upon Closing, Seller Sellers shall direct all appropriate Persons that all payments discussed in Section 10.5.1 that relate to the operation of the Business after the Closing Date with respect to the Study Area(s) comprising the Seller Exchanges shall be paid to Buyer. In the event any such Person fails to make such payment to Buyer and pays SellerSellers, Seller Sellers shall immediately deliver such funds to Buyer.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Verizon South Inc), Asset Purchase Agreement (Centurytel Inc)
