Final Distribution Adjustment Clause Samples
Final Distribution Adjustment. The "Final Distribution" will be equal to (a) Sterling's share of ANEXCO equity on the Effective Date (which will equal the value of "Member Current Account - SCI", as reflected in the Audited Financials (prior to the Initial Distribution), less (b) the Initial Distribution, less (c) the Supplemental Distribution, if any. The Final Distribution shall be made on or before the latest to occur of (i) the 30th day after receipt by Sterling of the Audited Financials, (ii) the 15th day after the resolution by ANEXCO and Sterling of all objections set forth in any Disagreement Notice and (iii) the 15th day after resolution by the CPA Firm of any Differences. If the Final Distribution is a positive value, ANEXCO will pay that amount in immediately available funds to Sterling. If the Final Distribution is a negative value, Sterling will pay an amount equal to the absolute value of the Final Distribution in immediately available funds to ANEXCO. After confirming receipt of the Final Distribution, if any, the receiving party as designated above will immediately execute and deliver to the paying party a receipt for such Final Distribution, substantially in the form of the receipt attached hereto as Exhibit A-3.
