Common use of No More Favorable Terms Clause in Contracts

No More Favorable Terms. None of the Corporate Taxpayer or any of its Subsidiaries will enter into any additional agreement providing rights similar to this Agreement or the Blocker Holders TRA if such agreement provides terms that are more favorable to the counterparty under such agreement than those provided to the TRA Holders under this Agreement; provided, however, that the Corporate Taxpayer (or any of its Subsidiaries) may enter into such an agreement if this Agreement is amended to make such more favorable terms available to the TRA Holders.

Appears in 5 contracts

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

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No More Favorable Terms. None of the Corporate Taxpayer or any of its Subsidiaries will enter into any additional agreement providing rights similar to this Agreement or the Non-Blocker Holders TRA if such agreement provides terms that are more favorable to the counterparty under such agreement than those provided to the TRA Holders under this Agreement; provided, however, that the Corporate Taxpayer (or any of its Subsidiaries) may enter into such an agreement if this Agreement is amended to make such more favorable terms available to the TRA Holders.

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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