Common use of Mail and Communications Clause in Contracts

Mail and Communications. U.S. Seller and Foreign Seller will promptly remit to Buyer any mail or other communications received by U.S. Seller or Foreign Seller relating to the Business or the Purchased Assets and any invoices received by U.S. Seller or Foreign Seller relating to Assumed Liabilities which are received by U.S. Seller or Foreign Seller from and after the Closing Date. Buyer will promptly remit to U.S. Seller and Foreign Seller any mail or other communications, including, without limitation, any written inquiries and payments received by Buyer relating to the Excluded Assets or to any business or activity of U.S. Seller and Foreign Seller and any invoices received by Buyer relating to liabilities of U.S. Seller and Foreign Seller other than the Assumed Liabilities which are received by Buyer from and after the Closing Date.

Appears in 2 contracts

Sources: Asset Purchase Agreement (24/7 Media Inc), Asset Purchase Agreement (Elbit LTD)