Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The Wall Street Journal on the date of payment plus two percent (2.0%) per annum:
Appears in 9 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:annum (the “Company Interest Rate”):
Appears in 7 contracts
Samples: Limited Liability Company Agreement (Longeveron LLC), Limited Liability Company Agreement, Limited Liability Company Agreement (Forterra, Inc.)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:annum (the “Company Interest Rate”):
Appears in 4 contracts
Samples: Limited Liability Company Agreement (Lendway, Inc.), Limited Liability Company Agreement (CurrencyWorks Inc.), Limited Liability Company Agreement (HCo Cape May LLC)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:
Appears in 3 contracts
Samples: Limited Liability Company Agreement, Limited Liability Company Agreement, Limited Liability Company Agreement (Global Defense & National Security Holdings LLC)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent per annum (2.0%) per annum:the “Company Interest Rate”):
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Calavo Growers Inc), Limited Liability Company Agreement (Calavo Growers Inc), Limited Liability Company Agreement (Calavo Growers Inc)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:the “Company Interest Rate”):
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC), Limited Liability Company Agreement (Shepherd's Finance, LLC)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.02%) per annum:annum (the “Company Interest Rate”):
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.), Class B Preferred Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that at the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The Wall Street Journal on the date of payment plus two percent (2.0%) per annumInterest Rate:
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Ascend Wellness Holdings, LLC), Limited Liability Company Agreement (Ascend Wellness Holdings, LLC)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:annum (the "Company Interest Rate"):
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Tecogen Inc.), Limited Liability Company Agreement (Scio Diamond Technology Corp)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) at the date that applicable federal rate as determined under the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The Wall Street Journal on the date of payment plus two percent (2.0%) per annumCode:
Appears in 1 contract
Samples: Limited Liability Company Agreement (Athenex, Inc.)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the [prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:] (the “Company Interest Rate”):
Appears in 1 contract
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the [prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:annum/ [OTHER RATE] (the "Company Interest Rate"):
Appears in 1 contract
Samples: LLC Operating Agreement
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the [prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:annum/____________________[OTHER RATE] (the "Company Interest Rate"):
Appears in 1 contract
Samples: LLC Operating Agreement
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:annum (the "Company Interest Rate"):
Appears in 1 contract
Samples: Limited Liability Company Agreement (Good Hemp, Inc.)
Repayment of Withholding Advances. Any Withholding Advance made by the Company Fund to a Taxing Authority on behalf of of, or with respect to, a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:annum (the “Fund Interest Rate”):
Appears in 1 contract
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:year (the “Company Interest Rate”):
Appears in 1 contract
Samples: Limited Liability Company Agreement (ATN International, Inc.)
Repayment of Withholding Advances. Any Withholding Advance made by the Company to a Taxing Authority on behalf of a Member and not simultaneously withheld from a Distribution to that Member shall, with interest thereon accruing from the later of (1) the date of payment or (2) the date that the Company notified such Member of such Withholding Advance at a rate equal to the prime rate published in The the Wall Street Journal on the date of payment plus two percent (2.0%) per annum:annum (the “Company Interest Rate"):
Appears in 1 contract
