Common use of Closing Distributions Clause in Contracts

Closing Distributions. The Companies may distribute substantially all of their Cash at least one Business Day before the Closing Date to Sellers' Representatives, on behalf of Sellers based on their Percentage Ownership (such items collectively the "Closing Distributions"). At least one Business Days prior to Closing Date, the Companies and Sellers' Representative shall deliver to Buyer a written notice containing in reasonable detail the items consisting of and the aggregate dollar amount of the Closing Distributions.

Closing Distributions. The Companies may distribute substantially all All cash, cash equivalents (except for federal income Tax deposits), marketable securities, annuities and life insurance of their Cash the Company shall be distributed at least one Business Day before the Closing Date to Sellers' Representatives, on behalf of Sellers as Company shareholders based on their Percentage Ownership (such items collectively the "“Closing Distributions"”). At least one Business Days prior to Closing Date, the Companies Company and Sellers' ’ Representative shall deliver to Buyer a written notice containing in reasonable detail the items consisting of and the aggregate dollar amount of the Closing Distributions.