Common use of OBLIGATIONS AFTER COMPLETION Clause in Contracts

OBLIGATIONS AFTER COMPLETION. If title to the Shares is not effectively vested in the Purchaser at Completion: (a) the Vendors hold the Shares on trust for the Purchaser until title is effectively vested in the Purchaser; (b) all income, profits, rights or benefits, arising in respect of the Shares or the Company after Completion will be held for the benefit of the Purchaser; and (c) at the cost of the Purchaser, the Vendors must take any reasonable steps requested by the Purchaser to enforce or protect any rights accruing in respect of the Shares or the Company.

OBLIGATIONS AFTER COMPLETION. If title to the Shares is not effectively vested in the Purchaser at Completion: (a) the Vendors Vendor will hold the Shares on trust for the Purchaser until title is effectively vested in the Purchaser;; and (b) all income, profits, rights or benefits, benefits arising in respect of the Shares Share, the Company, or the Company after Business on and from Completion will be held for the benefit of the Purchaser; and (c) at the cost of the Purchaser, the Vendors must take any reasonable steps requested by the Purchaser to enforce or protect any rights accruing in respect of the Shares or the Company.