Neenah Menasha Water Company Payment Sample Clauses

Neenah Menasha Water Company Payment. No later than 10 days after the Distribution Date, Kxxxxxxx-Xxxxx and Neenah shall certify, based on Kxxxxxxx-Xxxxx’x accounts and records and the accounts and records of the Neenah Menasha Water Company, the amount of cash held by the Neenah Menasha Water Company as of the Distribution Date (the “Cash Reserve”). At any time or from time to time until two years after the Distribution Date, Neenah may cause the Neenah Menasha Water Company to replace the txxxxxx gates, which control the flow of water at the dam, and repair the pitting to the concrete on the top of the dam/spill way (the “Repairs”). Kxxxxxxx-Xxxxx shall reimburse Neenah for the Repairs to the extent that the aggregate cost of the Repairs exceeds the aggregate sum of (i) the Cash Reserve and (ii) any amounts received by the Neenah Menasha Water Company from the sale of any subaqueous land.
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