Common use of Post Closing Obligations of the Parties Clause in Contracts

Post Closing Obligations of the Parties. On and after the Closing Date: 11.1 Each party shall execute all certificates, instruments and other documents and take all actions reasonably requested by the other party to effectuate the purposes of this Agreement and to consummate and evidence the consummation of the transactions herein provided for. From time to time at or after the Closing Date, at the request of Buyer, Seller and Digital Angel each will execute and deliver such other instruments of conveyance, assignment, transfer and delivery and take such actions as Buyer reasonably may request in order to (i) effectuate the release of any liens, claims or encumbrances on any of the Purchased Assets, and to record the release of any such liens, claims or encumbrances in the offices in which any such liens have been filed, and (ii) effectuate the transfer of the Purchased Assets that constitute intellectual property, including the filing of the transfer with the U.S. Patent Office. 11.2 Seller shall take all actions reasonably necessary or appropriate to put the Buyer in immediate actual possession and operating control of all of the Purchased Assets.