Common use of Mail Handling Clause in Contracts

Mail Handling. To the extent that Purchaser and/or any of its Subsidiaries receives any mail or packages addressed to Seller or its Subsidiaries and delivered to Purchaser not relating to the Business, the Transferred Assets or the Transferred Liabilities, Purchaser shall promptly deliver such mail or packages to Seller. After the Closing Date, Purchaser may deliver to Seller any checks or drafts made payable to Seller or its Subsidiaries that constitutes a Transferred Asset, and Seller shall promptly deposit such checks or drafts, and, upon receipt of funds, reimburse Purchaser within ten (10) Business Days for the amounts of all such checks or drafts, or, if so requested by Purchaser, endorse such checks or drafts to Purchaser for collection. To the extent Seller or its Subsidiaries receives any mail or packages addressed and delivered to Seller or its Subsidiaries but relating to the Business, the Transferred Assets or the Transferred liabilities, Seller shall promptly deliver such mail or packages to Purchaser. After the Closing Date, to the extent that Purchaser receives cash or checks or drafts made payable to Purchaser that constitutes an Excluded Asset, Purchaser shall promptly use such cash to, or deposit such checks or drafts and upon receipt of funds from such checks or drafts, reimburse Seller within ten (10) Business Days for such amount received, or, if so requested by Seller, endorse such checks or drafts to Seller for collection. Neither Party may assert any set-off, hold-back, escrow or other restriction against any payment described in this Section 6.11.

Mail Handling. (a) To the extent that Purchaser and/or any of its Subsidiaries Affiliates receives any mail or packages addressed to any Seller Party or its Subsidiaries Affiliates and delivered to Purchaser not relating to the Business, the Transferred Purchased Assets or the Transferred Assumed Liabilities, Purchaser shall promptly deliver such mail or packages to Seller. After the Closing Date, Purchaser may deliver to Seller any checks or drafts made payable to any Seller Party or its Subsidiaries Affiliates that constitutes a Transferred Purchased Asset, and Seller shall promptly deposit such checks or drafts, and, upon receipt of funds, reimburse Purchaser within ten (10) five Business Days for the amounts of all such checks or drafts, or, if so requested by Purchaser, endorse such checks or drafts to Purchaser for collection. To the extent any Seller Party or its Subsidiaries Affiliates receives any mail or packages addressed and delivered to any Seller Party or its Subsidiaries Affiliates but relating to the Business, the Transferred Purchased Assets or the Transferred liabilitiesAssumed Liabilities, Seller shall promptly deliver such mail or packages to Purchaser. After the Closing Date, to the extent that Purchaser receives cash or checks or drafts made payable to Purchaser that constitutes an Excluded Asset, Purchaser shall promptly use such cash to, or deposit such checks or drafts and upon receipt of funds from such checks or drafts, reimburse Seller within ten (10) five Business Days for such amount received, or, if so requested by Seller, endorse such checks or drafts to Seller for collection. Neither Party The Parties may not assert any set-set off, hold-hold back, escrow or other restriction against any payment described in this Section 6.116.10.

Mail Handling. To the extent that Purchaser and/or or any of its Subsidiaries receives any mail or packages addressed to Seller or any of its Subsidiaries and delivered to Purchaser not relating to the Business, the Transferred Purchased Assets or the Transferred Assumed Liabilities, Purchaser shall promptly deliver such mail or packages to Seller. After the Closing Date, Purchaser may deliver to Seller any checks or drafts made payable to Seller or any of its Subsidiaries that constitutes a Transferred Purchased Asset, and Seller shall promptly deposit such checks or drafts, and, upon receipt of funds, reimburse Purchaser within ten (10) five Business Days for the amounts of all such checks or drafts, or, if so requested by Purchaser, endorse such checks or drafts to Purchaser for collection. To the extent Seller or any of its Subsidiaries receives any mail or packages addressed and delivered to Seller or any of its Subsidiaries but relating to the Business, the Transferred Purchased Assets or the Transferred liabilitiesAssumed Liabilities, Seller shall promptly deliver such mail or packages to Purchaser. After the Closing Date, to the extent that Purchaser receives any cash or checks or drafts made payable to Purchaser that constitutes an Excluded Asset, Purchaser shall promptly use such cash to, or deposit such checks or drafts and upon receipt of funds from such checks or drafts, reimburse Seller within ten (10) five Business Days from the date of deposit for such amount received, or, if so requested by Seller, endorse such checks or drafts to Seller for collection. Neither Party The parties may not assert any set-set off, hold-hold back, escrow or other restriction against any payment described in this Section 6.115.04.