Common use of Payment upon Early Termination Clause in Contracts

Payment upon Early Termination. (a) Within ten Business Days after the Early Termination Schedule has become final and binding, the Corporation shall pay to each Applicable Principal an amount equal to the Early Termination Payment. Such payment shall be made by wire transfer of immediately available funds to a bank account designated by the Applicable Principal.

Appears in 6 contracts

Samples: Tax Receivable Agreement (Fifth Street Asset Management Inc.), Tax Receivable Agreement (Fifth Street Asset Management Inc.), Tax Receivable Agreement (RCS Capital Corp)

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Payment upon Early Termination. (a) Within ten five (5) Business Days after the Early Termination Schedule has become final and binding, the Corporation shall pay to each Applicable Principal Member an amount equal to the Early Termination Payment. Such payment shall be made by wire transfer of immediately available funds to a the bank account designated by the Applicable PrincipalMember.

Appears in 4 contracts

Samples: Tax Receivable Agreement, Tax Receivable Agreement (Red Rock Resorts, Inc.), Tax Receivable Agreement (Red Rock Resorts, Inc.)

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