Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Party means an amount equal to the sum of the Net Tax Benefit that is Attributable to such TRA Party and the Interest Amount with respect thereto. 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.
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Samples: Tax Receivable Agreement (Smith Douglas Homes Corp.), Tax Receivable Agreement (Smith Douglas Homes Corp.), Tax Receivable Agreement (Smith Douglas Homes Corp.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Party Holder means an amount equal to the sum of the Net Tax Benefit that is Attributable to such TRA Party Holder and the Interest Amount with respect theretoAmount. No Tax Benefit Payment shall be calculated or made in respect of any estimated tax payments, including any estimated U.S. federal Federal income tax payments.
Appears in 2 contracts
Samples: Tax Receivable Agreement (GoHealth, Inc.), Tax Receivable Agreement (GoHealth, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Party means an amount equal to the sum of the Net Tax Benefit that is Attributable to such TRA Party and the Interest Amount with respect theretoAmount. 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 2 contracts
Samples: Tax Receivable Agreement (Solo Brands, Inc.), Tax Receivable Agreement (Solo Brands, Inc.)
Amount of Payments. For purposes of this Agreement, a “Tax Benefit Payment” with respect to any TRA Party Holder means an amount amount, not less than zero, equal to the sum of the Net Tax Benefit that is Attributable to such TRA Party Holder and the Interest Amount with respect theretoAmount. 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.
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