Common use of Imputed Interest Clause in Contracts

Imputed Interest. The Actual Tax Liability shall take into account the deduction of the portion of each Tax Benefit Payment that is accounted for as Imputed Interest under the Code due to the characterization of such Tax Benefit Payments as additional consideration payable by the Corporation for the Units or stock in the Blockers acquired in connection with an Exchange or the Reorganizations (as applicable).

Appears in 3 contracts

Sources: Tax Receivable Agreement (Zevia PBC), Tax Receivable Agreement (Caisse De Depot Et Placement Du Quebec), Tax Receivable Agreement (Zevia PBC)

Imputed Interest. The Actual Tax Liability shall take into account the deduction of the portion of each Tax Benefit Payment that is accounted for as Imputed Interest under the Code due to the characterization of such Tax Benefit Payments as additional consideration payable by the Corporation for the Units or stock in the Blockers acquired in connection with an Exchange or the Reorganizations (as applicable)Exchange.

Appears in 3 contracts

Sources: Tax Receivable Agreement (GEN Restaurant Group, Inc.), Tax Receivable Agreement (GEN Restaurant Group, Inc.), Tax Receivable Agreement (NUSCALE POWER Corp)

Imputed Interest. The Actual Tax Liability actual liability for Taxes of the Corporation shall take into account the deduction of the portion of each Tax Benefit Payment that is accounted for as Imputed Interest under the Code due to the characterization of such Tax Benefit Payments as additional consideration payable by the Corporation for the Units or stock in the Blockers acquired in connection with an Exchange or the Reorganizations (as applicable)Exchange.

Appears in 2 contracts

Sources: Tax Receivable Agreement (StepStone Group Inc.), Tax Receivable Agreement (StepStone Group Inc.)

Imputed Interest. The Actual Tax Liability shall take into account the deduction of the portion of each Tax Benefit Payment (if any) that is accounted for as Imputed Interest under the Code due to the characterization of such Tax Benefit Payments as additional consideration payable by the Corporation for the Units or stock in the Blockers Interests acquired in connection with an Exchange or the Reorganizations (Foundation Asset Purchase, as applicable).

Appears in 2 contracts

Sources: Tax Receivable Agreement (Excelerate Energy, Inc.), Tax Receivable Agreement (Excelerate Energy, Inc.)

Imputed Interest. The Actual Tax Liability actual liability for Taxes of the Corporation shall take into account the deduction of the portion of each Tax Benefit Payment that is accounted for as Imputed Interest under the Code due to the characterization of such Tax Benefit Payments as additional consideration payable by the Corporation for the Units or stock in the Blockers acquired in connection with an Exchange or the Reorganizations (as applicable)Reorganizations.

Appears in 2 contracts

Sources: Tax Receivable Agreement (StepStone Group Inc.), Tax Receivable Agreement (StepStone Group Inc.)

Imputed Interest. The Actual Tax Liability shall take into account the deduction of the portion of each Tax Benefit Payment that is accounted for as Imputed Interest under the Code due to the characterization of such Tax Benefit Payments as additional consideration payable by the Corporation for the Units or stock in the Blockers acquired in connection with an Exchange or the Reorganizations (as applicable)Exchange.

Appears in 2 contracts

Sources: Tax Receivable Agreement (Viant Technology Inc.), Tax Receivable Agreement (Viant Technology Inc.)

Imputed Interest. The Actual Tax Liability shall take into account the deduction of the portion of each Tax Benefit Payment that is accounted for as Imputed Interest under the Code due to the characterization of such Tax Benefit Payments as additional consideration payable by the Corporation for the Units or stock in the Blockers acquired in connection with an Exchange or the Reorganizations (as applicable)Blocker Mergers.

Appears in 2 contracts

Sources: Tax Receivable Agreement (Rubicon Technologies, Inc.), Agreement and Plan of Merger (Founder SPAC)

Imputed Interest. The Actual Tax Liability shall take into account the deduction of the portion of each Tax Benefit Payment that is accounted for as Imputed Interest under the Code due to the characterization of such Tax Benefit Payments as additional consideration payable by the Corporation for the Units or stock in the Blockers acquired in connection with an Exchange or the Reorganizations (as applicable)Reorganization.

Appears in 1 contract

Sources: Tax Receivable Agreement (Chobani Inc.)