Refunds; Trailing Payments Clause Samples

Refunds; Trailing Payments. For a period of time from and after December 31, 2018 as determined by GBH in its reasonable discretion, GBH shall monitor the bank accounts of GBW and GBW Operating Sub and distribute to the Greenbrier Member and Watco Members (in accordance with their Sharing Ratios) any rebates, refunds or other trailing payments made to such accounts, except that any rebates, refunds or other trailing payments which by their nature should reasonably be paid in full or in accordance with some other allocation to the Greenbrier Member and/or the Watco Members as reasonably determined by the GBH Manager and the Watco Manager.