Common use of Payment upon Early Termination Clause in Contracts

Payment upon Early Termination. (a) Within three (3) calendar days after the Early Termination Effective Date, the Corporation shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporation and the TRA Holder.

Appears in 8 contracts

Samples: Tax Receivable Agreement (Allvue Systems Holdings, Inc.), Tax Receivable Agreement (Powerschool Holdings, Inc.), Tax Receivable Agreement (Powerschool Holdings, Inc.)

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Payment upon Early Termination. (a) Within three (3) calendar days after the Early Termination Effective Date, the Corporation Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporation Corporate Taxpayer and the TRA Holder.

Appears in 5 contracts

Samples: Tax Receivable Agreement (AdaptHealth Corp.), Merger Agreement (DFB Healthcare Acquisitions Corp.), Tax Receivable Agreement (Carvana Co.)

Payment upon Early Termination. (a) Within three (3) calendar days after the Early Termination Effective Date, the Corporation Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, Holder or as otherwise agreed by the Corporation Corporate Taxpayer and the TRA Holder.

Appears in 5 contracts

Samples: Tax Receivable Agreement, Tax Receivable Agreement, Tax Receivable Agreement (Parsley Energy, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days after the Early Termination Effective Date, the Corporation Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, Holder or as otherwise agreed by the Corporation Corporate Taxpayer and the TRA Holder.

Appears in 4 contracts

Samples: Tax Receivable Agreement, Transaction Agreement Ii (Spark Energy, Inc.), Tax Receivable Agreement (Spark Energy, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days after the Early Termination Effective Date, the Corporation FINV shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, Holder or as otherwise agreed by the Corporation FINV and the TRA Holder.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Frank's International N.V.), Tax Receivable Agreement (Frank's International N.V.)

Payment upon Early Termination. (a) Within Except as otherwise provided in Section 4.3(a), within three (3) calendar days after the Early Termination Effective Date, the Corporation shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporation and the TRA Holder.

Appears in 2 contracts

Samples: Tax Receivable Agreement (BRC Inc.), Tax Receivable Agreement (Silverbox Engaged Merger Corp I)

Payment upon Early Termination. (a) Within three (3) calendar days after the an Early Termination Effective DateSchedule becomes final and binding in accordance with this Agreement, the Corporation Corporate Taxpayer shall pay to each TRA Holder its an amount equal to the Early Termination PaymentPayment determined in accordance with such Schedule in respect of such TRA Holder. Each such Such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, Holder or as otherwise agreed by the Corporation Corporate Taxpayer and the such TRA Holder.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Real Good Food Company, Inc.), Tax Receivable Agreement (Real Good Food Company, Inc.)

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Payment upon Early Termination. (a) Within three five (35) calendar days Business Days after agreement between the TRA Holders and the Corporation of the Early Termination Effective DateSchedule pursuant to Section 4.02, the Corporation shall pay to each the TRA Holder its Holders an amount equal to the Early Termination Payment. Each such Such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporation and the each TRA Holder.

Appears in 1 contract

Samples: Income Tax Receivable Agreement (Liberty Tax, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days Business Days after agreement between the TRA Beneficiary and the Company of the Early Termination Effective DateSchedule, the Corporation Company shall pay to each the TRA Holder its Beneficiary an amount equal to the Early Termination Payment. Each such Such payment shall be made by check, by wire transfer (or as otherwise directed by the TRA Beneficiary) of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporation and the TRA HolderBeneficiary.

Appears in 1 contract

Samples: Tax Receivable Agreement (ATI Intermediate Holdings, LLC)

Payment upon Early Termination. (a) Within three (3) calendar days after the an Early Termination Effective Date, the Corporation Corporate Taxpayer shall pay to each the TRA Holder its an amount equal to the Early Termination Payment. Each such Such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, Holder or as otherwise agreed by the Corporation Corporate Taxpayer and the TRA Holderholder.

Appears in 1 contract

Samples: Tax Receivable Agreement (Redbox Entertainment Inc.)

Payment upon Early Termination. (a) Within Except as otherwise provided in Section 4.3(a), within three (3) calendar days after the Early Termination Effective Date, the Corporation shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporation and the TRA Holder.

Appears in 1 contract

Samples: Tax Receivable Agreement (Rice Acquisition Corp. II)

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