Common use of Cash Management After the Distribution Date Clause in Contracts

Cash Management After the Distribution Date. The Company has established and maintains separate cash management systems, and maintains separate bank accounts and lockboxes with respect to the MAPICS Business and the Marcam Solutions Business. From and after the Distribution Date, MAPICS shall be entitled to all such accounts and lockboxes related to the MAPICS Business and Marcam Solutions shall be entitled to all such accounts and lockboxes related to the Marcam Solutions Business. Following the Distribution Date (i) MAPICS shall, and shall cause its Affiliates to, remit to Marcam Solutions, no less frequently than weekly, any amounts (net of returned checks and similar items) received by any of them on or after the Distribution Date which constitute Marcam Solutions Assets and (ii) Marcam Solutions shall, and shall cause its Affiliates to, remit to MAPICS, no less frequently than weekly, any amounts (net of returned checks and similar items) received by any of them on or after the Distribution Date which constitute MAPICS Assets.

Cash Management After the Distribution Date. The Company has established and maintains separate cash management systems, and maintains separate bank accounts and lockboxes with respect to the MAPICS Business Businesses and the Marcam Solutions BusinessBusinesses. From and after the Distribution Date, MAPICS shall be entitled to all such accounts and lockboxes related to the MAPICS Business Businesses and Marcam Solutions shall be entitled to all such accounts and lockboxes related to the Marcam Solutions BusinessBusinesses. Following the Distribution Date (i) MAPICS shall, and shall cause its Affiliates to, remit to Marcam Solutions, no less frequently than weekly, any amounts (net of returned checks and similar items) received by any of them on or after the Distribution Date which constitute Marcam Solutions Assets and (ii) Marcam Solutions shall, and shall cause its Affiliates to, remit to MAPICS, no less frequently than weekly, any amounts (net of returned checks and similar items) received by any of them on or after the Distribution Date which constitute MAPICS Assets.