Mail Handling. Effective as of the Closing Date, Buyer shall have the right to open all mail and packages addressed to Seller and delivered to Buyer relating to the Business or the Acquired Assets. To the extent Buyer receives any mail or packages addressed to Seller and delivered to Buyer not relating to the Business or the Acquired Assets, Buyer shall promptly deliver such mail or packages to Seller and shall hold the content thereof in confidence. After the Closing Date, to the extent Seller receives any mail or packages addressed and delivered to Seller but relating to the Business or the Acquired Assets, Seller shall have the right to open such packages and agrees that it will promptly transfer or deliver such mail or packages to Buyer and shall hold the content thereof in confidence.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Catapult Communications Corp), Asset Purchase Agreement (Tekelec)