Common use of Exchange Schedules Clause in Contracts

Exchange Schedules. Within ninety (90) calendar days after the filing of the Corporate Taxpayer Return for each Taxable Year in which any Exchange has been effected by a Non-Blocker Holder, the Corporate Taxpayer shall deliver to the Agent a schedule (the “Exchange Schedule”) that shows, in reasonable detail necessary to perform the calculations required by this Agreement, including with respect to each Non-Blocker Holder participating in any Exchange during such Taxable Year, (i) the Basis Adjustments with respect to the Reference Assets as a result of the Exchanges effected by such Non-Blocker Holder in such Taxable Year and (ii) the period (or periods) over which such Basis Adjustments are amortizable and/or depreciable.

Appears in 4 contracts

Samples: Tax Receivable Agreement (Liberty Oilfield Services Inc.), Tax Receivable Agreement (Liberty Oilfield Services Inc.), Tax Receivable Agreement (Select Energy Services, Inc.)

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