Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, equal to the sum of: (i) the Net Tax Benefit that is Attributable to such Member and (ii) the Actual Interest Amount.
Appears in 21 contracts
Samples: Tax Receivable Agreement (VictoryBase Corp), Tax Receivable Agreement (VictoryBase Corp), Tax Receivable Agreement (Cresco Labs Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, amount equal to the sum of: (i) of the Net Tax Benefit that is Attributable to such Member and (ii) the Actual Interest Amount. No Tax Benefit Payment shall be calculated or made in respect of any estimated tax payments, including any estimated U.S. Federal income tax payments.
Appears in 10 contracts
Samples: Tax Receivable Agreement (Bridge Investment Group Holdings Inc.), Tax Receivable Agreement (P3 Health Partners Inc.), Tax Receivable Agreement (Marketwise, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, equal to the sum of: (i) the Net Tax Benefit that is Attributable to such Member (including Imputed Interest calculated in respect of such amount); and (ii) the Actual Interest Amount.
Appears in 5 contracts
Samples: Tax Receivable Agreement (Bioventus Inc.), Tax Receivable Agreement (Bioventus Inc.), Tax Receivable Agreement (Bioventus Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, equal to the sum of: (i) the Net Tax Benefit that is Attributable to (including Imputed Interest, if any, calculated in respect of such Member amount); and (ii) the Actual Interest AmountAmount and any Default Rate Interest with respect to the Net Tax Benefit described in (i).
Appears in 5 contracts
Samples: Tax Receivable Agreement (Bitcoin Depot Inc.), Tax Receivable Agreement (GSR II Meteora Acquisition Corp.), Tax Receivable Agreement (GSR II Meteora Acquisition Corp.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member 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 Member (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 4 contracts
Samples: Tax Receivable Agreement (GCM Grosvenor Inc.), Tax Receivable Agreement, Tax Receivable Agreement (Funko, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, equal to the sum of: (i) of the Net Tax Benefit that is Attributable to such Member and (ii) the Actual Interest Amount. No Tax Benefit Payment shall be calculated or made in respect of any estimated tax payments, including any estimated U.S. federal income tax payments.
Appears in 4 contracts
Samples: Tax Receivable Agreement (OneStream, Inc.), Tax Receivable Agreement (OneStream, Inc.), Tax Receivable Agreement (Brilliant Earth Group, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member 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 Member (including Imputed Interest calculated in respect of such amount); and (ii) the Actual Interest Amount.
Appears in 3 contracts
Samples: Tax Receivable Agreement (Camping World Holdings, Inc.), Tax Receivable Agreement (Camping World Holdings, Inc.), Tax Receivable Agreement (Camping World Holdings, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, equal to the sum of: (i) the Net Tax Benefit that is Attributable to WP (including Imputed Interest calculated in respect of such Member amount); and (ii) the Actual Interest Amount.
Appears in 2 contracts
Samples: Tax Receivable Agreement (RE/MAX Holdings, Inc.), Tax Receivable Agreement (RE/MAX Holdings, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, equal to the sum of: (i) the portion of the Net Tax Benefit that is Attributable attributable to such Member (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
Samples: Tax Receivable Agreement (Pluralsight, Inc.), Tax Receivable Agreement (Pluralsight, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, equal to the sum of: (ix) the portion of the Net Tax Benefit that is Attributable to such Member (including Imputed Interest calculated in respect of such amount); and (iiy) the Actual Interest AmountAmount with respect to the Net Tax Benefit described in (x).
Appears in 2 contracts
Samples: Tax Receivable Agreement (I3 Verticals, Inc.), Tax Receivable Agreement (I3 Verticals, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member each Beneficiary means an amount, not less than zero, equal to the sum of: (iA) the Net Tax Benefit that is Attributable Allocable to such Member Beneficiary and (iiB) the Actual Interest AmountAmount in respect of such portion of Net Tax Benefit.
Appears in 2 contracts
Samples: Tax Receivable Agreement (Open Lending Corp), Business Combination Agreement (Nebula Acquisition Corp)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member means an amount, not less than zero, equal to the sum of: (i) the Net Tax Benefit that is Attributable to such Member and (ii) the Actual Interest Amount.
(i) Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment or Imputed Interest that is attributable to an Exchange undertaken by or with respect to such Member.
Appears in 1 contract
Samples: Tax Receivable Agreement
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any Member Beneficiary means an amount, not less than zero, equal to the sum of: (iA) the Net Tax Benefit that is Attributable to such Member Beneficiary and (iiB) the Actual Interest Amount.
Appears in 1 contract