Assumptions, Conventions, and Principles for Calculations. The Actual Tax Liability shall be the liability for Taxes of the Corporation as reflected on the relevant Corporate Tax Return (using such reasonable methods as the Corporation determines), modified as necessary to take into account the following assumptions, conventions, principles, and adjustments:
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Samples: Tax Receivable Agreement (Excelerate Energy, Inc.), Tax Receivable Agreement (Excelerate Energy, Inc.)
Assumptions, Conventions, and Principles for Calculations. The Actual Tax Liability shall be the U.S. federal, state and local income tax liability for Taxes of the Corporation as reflected on the relevant Corporate Tax Return (calculated using such reasonable methods as the Corporation determines); provided that, modified as necessary to take into account in making the calculations required by this Agreement, the Corporation shall use the following assumptions, conventions, and principles, and adjustments:
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Samples: Tax Receivable Agreement (GEN Restaurant Group, Inc.), Tax Receivable Agreement (GEN Restaurant Group, Inc.)
Assumptions, Conventions, and Principles for Calculations. The Actual Tax Liability shall be the U.S. federal, state and local income tax liability for Taxes of the Corporation as reflected on the relevant Corporate Tax Return (Return, using such reasonable methods as the Corporation determines); provided that, modified as necessary to take into account in making the calculations required by this Agreement, the Corporation shall use the following assumptions, conventions, and principles, and adjustments:
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Assumptions, Conventions, and Principles for Calculations. The Actual Tax Liability shall be the tax liability for Taxes of the Corporation as reflected on the relevant Corporate Tax Return (Return, using such reasonable methods as the Corporation determines), modified as necessary to take into account ; provided that the Corporation shall use the following assumptions, conventions, principles, and adjustmentsprinciples in making the determination:
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