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Common use of Cash Allocation Clause in Contracts

Cash Allocation. On or prior to the Distribution Date, any cash or cash equivalents, marketable securities, bank accounts, lock boxes and other deposit arrangements shall be allocated in accordance with Schedule 2.12.

Appears in 3 contracts

Sources: Distribution Agreement (Sun Healthcare Group Inc), Distribution Agreement (SHG Services, Inc.), Distribution Agreement (Sabra Health Care REIT, Inc.)

Related Clauses

  • Tax Allocation
  • Payment Allocation
  • Tax Allocations
  • Capital Accounts Allocations
  • Capital Contributions Capital Account Distributions Allocations

Parent Clauses

  • Conveyance of Assets
  • Sale of Stock and Purchase Price
  • Purchase Price Payments to Equityholders
  • Management Compensation Plan Payments
  • Purchase and Sale

Sub-Clauses

  • The Distribution
  • Duties and Obligations of Sun
  • Cash Allocation on the Distribution Date
  • Cash Management After the Distribution Date
  • Cash Allocation on the Closing Date
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