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 21 contracts
Samples: Tax Receivable Agreement (VictoryBase Corp), Tax Receivable Agreement (VictoryBase Corp), Tax Receivable Agreement (Cresco Labs Inc.)
Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, or Imputed Actual Interest Amount that is attributable to an Exchange undertaken by or with respect to such Member.
Appears in 10 contracts
Samples: Tax Receivable Agreement (I3 Verticals, Inc.), Tax Receivable Agreement (I3 Verticals, Inc.), Tax Receivable Agreement
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 arising as a result of an Exchange undertaken by or with respect to such Member.
Appears in 4 contracts
Samples: Tax Receivable Agreement (P3 Health Partners Inc.), Tax Receivable Agreement (Marketwise, Inc.), Merger Agreement (Foresight Acquisition Corp.)
Attributable. A Net Tax Benefit is “Attributable” to a Member TRA Payment Recipient 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 MemberTRA Payment Recipient.
Appears in 3 contracts
Samples: Tax Receivable Agreement (EVO Payments, Inc.), Tax Receivable Agreement (EVO Payments, Inc.), Tax Receivable Agreement (EVO Payments, Inc.)
Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, Actual Interest Amount or Imputed Default Rate Interest that is attributable to arising as a result of an Exchange undertaken by or with respect to such Member.
Appears in 2 contracts
Samples: Tax Receivable Agreement (Brilliant Earth Group, Inc.), Tax Receivable Agreement (Brilliant Earth Group, Inc.)
Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from (A) any Basis Adjustment or Imputed Interest that is attributable to an Exchange a Basis Transaction undertaken by or with respect to such Member, (B) any Section 704(c) Benefit to the Corporation to the extent such Section 704(c) Benefit increased the taxable income (or decreased the taxable loss or tax deductions) allocated to such Member, or (C) Section 707(c) Deductions resulting from payments made to such Member.
Appears in 2 contracts
Samples: Tax Receivable Agreement (Bellring Brands, Inc.), Tax Receivable Agreement (Bellring Brands, Inc.)
Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, or Imputed Actual Interest Amount that is attributable to an Exchange undertaken by or with respect to such MemberMember or is attributable to a Reverse Section 704(c) Allocation that otherwise would have been allocated to such Member if Xxxx Holdings was not required to make such Reverse Section 704(c) Allocation.
Appears in 2 contracts
Samples: Tax Receivable Agreement (Neff Corp), Tax Receivable Agreement (Neff Corp)
Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, or Imputed Actual Interest Amount that is attributable to an Exchange undertaken by or with respect to such Member or a Specified Section 734(b) Basis Adjustment Transaction with respect to such Member.
Appears in 2 contracts
Samples: Tax Receivable Agreement (Bioventus Inc.), Tax Receivable Agreement (Bioventus Inc.)
Attributable. A Net Tax Benefit (and related Realized Tax Benefit) is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, Actual Interest Amount or Imputed Default Rate Interest that is attributable to arising as a result of an Exchange undertaken by or with respect to such Member or derived from any Blocker NOLs relating to the Blocker acquired (via merger) from such Member.
Appears in 2 contracts
Samples: Tax Receivable Agreement (OneStream, Inc.), Tax Receivable Agreement (OneStream, Inc.)
Attributable. A Net Tax Benefit is “Attributable” to a Member Beneficiary 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 MemberBeneficiary or from any Pre-IPO NOL that is deemed attributable to such Beneficiary; provided, that, in the case of any Net Tax Benefit Attributable to the Merger, such Net Tax Benefit shall be Attributable to each former shareholder of AOTG on a pro rata basis in accordance with their ownership interests, as provided on Exhibit A hereto.
Appears in 1 contract