Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the payment date.
Appears in 84 contracts
Samples: Tax Matters Agreement (TechTarget, Inc.), Tax Matters Agreement (General Electric Co), Tax Matters Agreement (GE Vernova Inc.)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the earlier of the ninetieth (90th) day or the payment datedate and thereafter will accrue interest at a rate per annum equal to 9%.
Appears in 22 contracts
Samples: Merger Agreement (PNK Entertainment, Inc.), Tax Matters Agreement (PNK Entertainment, Inc.), Merger Agreement (Pinnacle Entertainment Inc.)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the prime rate published in effect the Wall Street Journal for underpayments under Section 6621 of the Code from such due date to and including the payment daterelevant period.
Appears in 16 contracts
Samples: Tax Matters Agreement (BBX Capital Florida LLC), Tax Matters Agreement (BBX Capital Corp), Tax Matters Agreement (BBX Capital Florida LLC)
Interest on Late Payments. With respect to any payment between among the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the payment date.
Appears in 6 contracts
Samples: Tax Matters Agreement (Vistra Energy Corp), Tax Matters Agreement (Vistra Energy Corp), Tax Matters Agreement (Energy Future Competitive Holdings Co LLC)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the earlier of the ninetieth (90th) day or the payment date, and thereafter will accrue interest at a rate per annum equal to Prime Rate plus 2%.
Appears in 5 contracts
Samples: Tax Matters Agreement (Care Capital Properties, Inc.), Tax Matters Agreement (Ventas Inc), Tax Matters Agreement (Care Capital Properties, Inc.)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such paymentpayment (once the amount of the payment has been finally determined), the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the payment date.
Appears in 5 contracts
Samples: Tax Matters Agreement (BellRing Distribution, LLC), Transaction Agreement and Plan of Merger (Post Holdings, Inc.), Tax Matters Agreement (HS Spinco, Inc.)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the earlier of the ninetieth (90th) day or the payment datedate and thereafter will accrue interest at a rate per annum equal to the prime lending rate prevailing at such time, as published in The Wall Street Journal.
Appears in 4 contracts
Samples: Tax Matters Agreement, Tax Matters Agreement (Parkway Properties Inc), Tax Matters Agreement (Cousins Properties Inc)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date up to and including the payment date.
Appears in 4 contracts
Samples: Tax Matters Agreement (Laboratory Corp of America Holdings), Tax Matters Agreement (Fortrea Holdings Inc.), Tax Matters Agreement (Fortrea Holdings Inc.)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the earlier of the ninetieth (90th) day or the payment datedate and thereafter will accrue interest at a rate per annum equal to 9% if it is higher.
Appears in 2 contracts
Samples: Tax Matters Agreement (Herc Holdings Inc), Tax Matters Agreement (Hertz Rental Car Holding Company, Inc.)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date Due Date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date Due Date to and including the payment date.
Appears in 2 contracts
Samples: Tax Matters Agreement, Tax Matters Agreement (NRG Energy, Inc.)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate Prime Rate, as defined in effect for underpayments under Section 6621 of the Code from such due date to and including the payment dateSeparation Agreement.
Appears in 2 contracts
Samples: Tax Matters Agreement (Sysorex, Inc.), Tax Matters Agreement (Inpixon)
Interest on Late Payments. With respect to If any payment between the Parties pursuant to under this Agreement not made by is late, interest shall accrue on the past due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the lesser of (a) *** percent per annum, and (b) the maximum rate in effect permitted by law. Time for underpayments under Section 6621 any payments hereunder shall be of the Code from such due date to and including the payment dateessence.
Appears in 2 contracts
Samples: Distribution Agreement, Distribution Agreement (Viropharma Inc)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the earlier of the ninetieth (90th) day or the payment datedate and thereafter will accrue interest at a rate per annum equal to Prime Rate plus 2%.
Appears in 2 contracts
Samples: Tax Matters Agreement (Washington Prime Group Inc.), Tax Matters Agreement (Washington Prime Group Inc.)
Interest on Late Payments. With respect to any payment between the Parties made by one Party to another Party pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the payment dateCode.
Appears in 1 contract
Samples: Tax Sharing Agreement (AXA Equitable Holdings, Inc.)
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for large corporate underpayments under Section 6621 of the Code from such due date to and including the payment datedate .
Appears in 1 contract
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the payment date9%.
Appears in 1 contract
Interest on Late Payments. With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the earlier of the forty-fifth (45th) day or the payment datedate and thereafter will accrue interest at a rate per annum equal to 9%.
Appears in 1 contract
Samples: Tax Matters Agreement (Rayonier Advanced Materials Inc.)