Common use of Exchange Basis Schedule Clause in Contracts

Exchange Basis Schedule. Within forty five (45) calendar days after the filing of the Federal income tax return of the Corporation for each Taxable Year in which any Exchange has been effected, the Corporation shall deliver to the Applicable Member a written schedule (the "Exchange Basis Schedule") that shows, in reasonable detail, for purposes of Covered Taxes, (i) the actual unadjusted tax basis of the Relevant Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Relevant Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Relevant Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable.

Appears in 2 contracts

Samples: Tax Benefit Sharing Agreement (BioFuel Energy Corp.), Tax Benefit Sharing Agreement (BioFuel Energy Corp.)

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Exchange Basis Schedule. Within forty five (45) 90 calendar days after the filing of the Federal U.S. federal income tax return of the Corporation Purchaser for each Taxable Year in which any Exchange has been effected, the Corporation Purchaser shall deliver to the Applicable Member Sellers a written schedule (the "Exchange Basis Schedule") that shows, in reasonable detail, for purposes of Covered Taxes, (i) the actual unadjusted tax basis of the Relevant Reference Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Relevant Reference Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Relevant Reference Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable.

Appears in 1 contract

Samples: Tax Receivable Agreement (Alvarium Tiedemann Holdings, Inc.)

Exchange Basis Schedule. Within forty five (45) 45 calendar days after the filing of the Federal U.S. federal income tax return of the Corporation Purchaser for each Taxable Year in which any Exchange has been effected, the Corporation Purchaser shall deliver to the Applicable Member Seller a written schedule (the "Exchange Basis Schedule") that shows, in reasonable detail, for purposes of Covered Taxes, (i) the actual unadjusted tax basis of the Relevant Reference Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Relevant Reference Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Relevant Reference Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable.

Appears in 1 contract

Samples: Tax Receivables Agreement (Stryve Foods, Inc.)

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Exchange Basis Schedule. Within forty five (45) 90 calendar days after the filing of the Federal U.S. federal income tax return of the Corporation Purchaser for each Taxable Year in which any Exchange has been effected, the Corporation Purchaser shall deliver to the Applicable Member Sellers Advisory Firm a written schedule (the "Exchange Basis Schedule") that shows, in reasonable detail, for purposes of Covered Taxes, (i) the actual unadjusted tax basis of the Relevant Reference Assets as of each applicable Exchange Date, (ii) the Basis Adjustment with respect to the Relevant Reference Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period or periods, if any, over which the Relevant Reference Assets are amortizable and/or depreciable and (iv) the period or periods, if any, over which each Basis Adjustment is amortizable and/or depreciable.

Appears in 1 contract

Samples: Business Combination Agreement (Cartesian Growth Corp)

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