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

Cash Management After the Distribution Date. The ▇▇▇▇▇ cash, depositary and disbursement accounts of the Lodging Business shall be transferred to Choice on the Distribution Date after the allocations are made pursuant to Section 2.07(a)(i) and (ii). Choice shall establish and maintain a separate cash management system and accounting records with respect to the Lodging Business effective as of 12:01 a.m. New York time on the day following the Distribution Date.

Cash Management After the Distribution Date. The pett▇ ▇▇▇▇▇ cashh, depositary and disbursement accounts of the Lodging Business shall be transferred to Choice on the Distribution Date after the allocations are made pursuant to clause Section 2.07(a)(i) and (ii). Choice shall establish and maintain a separate cash management system and accounting records with respect to the Lodging Business effective as of 12:01 a.m. New York time on the day following the Distribution Date.. 17