Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Payment Recipient means an amount, not less than zero, equal to the sum of: (i) the Net Tax Benefit that is Attributable to such TRA Payment Recipient and (ii) the Actual Interest Amount.
Appears in 3 contracts
Sources: Tax Receivable Agreement (EVO Payments, Inc.), Tax Receivable Agreement (EVO Payments, Inc.), Tax Receivable Agreement (EVO Payments, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Payment Recipient Holder means an amount, not less than zero, equal to the sum of: (i) the portion of the Net Tax Benefit that is Attributable to such TRA Payment Recipient Holder (including Imputed Interest, if any, calculated in respect of such amount); and (ii) the Actual Interest AmountAmount and any Default Rate Interest, if applicable, with respect to the Net Tax Benefit described in (i).
Appears in 3 contracts
Sources: Tax Receivable Agreement (Falcon's Beyond Global, Inc.), Merger Agreement (FAST Acquisition Corp. II), Tax Receivable Agreement (Astrea Acquisition Corp.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Payment Recipient Holder means an amount, not less than zero, equal to the sum of: (i) the portion of the Net Tax Benefit that is Attributable to such TRA Payment Recipient Holder (including Imputed Interest, if any, calculated in respect of such amount); and (ii) the Actual Interest AmountAmount and any Default Rate Interest with respect to the Net Tax Benefit described in (i).
Appears in 2 contracts
Sources: Tax Receivable Agreement (Sky Harbour Group Corp), Tax Receivable Agreement (AST SpaceMobile, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Payment Recipient Holder means an amount, not less than zero, equal to the sum of: (i) the portion of the Net Tax Benefit that is Attributable to such TRA Payment Recipient Holder (including Imputed Interest calculated in respect of such amount); and (ii) the Actual Interest AmountAmount with respect to the Net Tax Benefit described in (i).
Appears in 2 contracts
Sources: Tax Receivable Agreement (Shift4 Payments, Inc.), Tax Receivable Agreement (Shift4 Payments, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Payment Recipient Holder means an amount, not less than zero, equal to the sum of: (i) the portion of the Net Tax Benefit that is Attributable to such TRA Payment Recipient and Holder (including Imputed Interest, if any, calculated in respect of such amount) plus (ii) the Actual Interest AmountAmount and any Default Rate Interest with respect to the Net Tax Benefit described in the foregoing clause (i).
Appears in 2 contracts
Sources: Tax Receivable Agreement (QualTek Services Inc.), Tax Receivable Agreement (Roth CH Acquisition III Co)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Payment Recipient Holder means an amount, not less than zero, equal to the sum of: (ia) the portion of the Net Tax Benefit that is Attributable to such TRA Payment Recipient Holder (including Imputed Interest, if any, calculated in respect of such amount); and (iib) the Actual Interest AmountAmount and any Default Rate Interest with respect to the Net Tax Benefit described in (a).
Appears in 2 contracts
Sources: Tax Receivable Agreement (Flyexclusive Inc.), Equity Purchase Agreement (EG Acquisition Corp.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Payment Recipient Holder means an amount, not less than zero, equal to the sum of: (i) the portion of the Net Tax Benefit that is Attributable to such TRA Payment Recipient Holder (including Imputed Interest, if any, calculated in respect of such amount); and (ii) the Actual Interest AmountAmount and any Default Rate Interest, if any, with respect to the Net Tax Benefit described in (i).
Appears in 2 contracts
Sources: Tax Receivable Agreement (System1, Inc.), Business Combination Agreement (Trebia Acquisition Corp.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Payment Recipient Holder for a Taxable Year means an amount, not less than zero, equal to the sum of: (i) the portion of the Net Tax Benefit that is Attributable to such TRA Payment Recipient Holder; and (ii) the Actual Interest AmountAmount with respect to the Net Tax Benefit described in (i).
Appears in 2 contracts
Sources: Tax Receivable Agreement (Definitive Healthcare Corp.), Tax Receivable Agreement (Definitive Healthcare Corp.)