Cash Distribution. Immediately prior to the Closing, ABI shall cause ▇▇▇▇▇▇ ▇▇ Partner to, and Buyer shall cause Buyer JV Partner to, cause the JV to distribute all Available Cash to ▇▇▇▇▇▇ ▇▇ Partner and Buyer JV Partner. On the second Business Day prior to the Closing, Buyer shall cause Buyer JV Partner to provide to the parties hereto an estimate of the amount of such Available Cash that will be distributed pursuant to the immediately preceding sentence. If it is not reasonably practical to effect the distribution contemplated by the first sentence of this Section 5.06 in the manner contemplated thereby, then the parties hereto shall cooperate in good faith to implement a mutually agreeable alternative mechanism such that all Available Cash as of the Closing is distributed or otherwise paid to Buyer JV Partner and ▇▇▇▇▇▇ ▇▇ Partner immediately prior to, at or as soon as practicable following the Closing.
Appears in 2 contracts
Sources: Purchase Agreement (Anheuser-Busch InBev S.A.), Purchase Agreement (Molson Coors Brewing Co)
Cash Distribution. Immediately prior to the Closing, ABI shall cause ▇▇▇▇▇▇ ▇▇ Partner to, and Buyer ▇▇▇▇▇ shall cause Buyer JV Partner to, cause the JV to distribute all Available Cash to ▇▇▇▇▇▇ ▇▇ Partner and Buyer ▇▇▇▇▇ JV Partner. On the second Business Day prior to the Closing, Buyer shall cause Buyer JV Partner to provide to the parties hereto an estimate of the amount of such Available Cash that will be distributed pursuant to the immediately preceding sentence. If it is not reasonably practical to effect the distribution contemplated by the first sentence of this Section 5.06 in the manner contemplated thereby, then the parties hereto shall cooperate in good faith to implement a mutually agreeable alternative mechanism such that all Available Cash as of the Closing is distributed or otherwise paid to Buyer JV Partner and ▇▇▇▇▇▇ ▇▇ Partner immediately prior to, at or as soon as practicable following the Closing.
Appears in 1 contract
Sources: Purchase Agreement