Common use of Tax Receivable Termination Agreement Clause in Contracts

Tax Receivable Termination Agreement. The Tax Receivable Termination Agreement, to be effective as of the Effective Time, shall have been executed and delivered by all necessary parties.

Appears in 2 contracts

Samples: Merger Agreement (Medley Management Inc.), Merger Agreement (Sierra Income Corp)

AutoNDA by SimpleDocs

Tax Receivable Termination Agreement. The Tax Receivable Termination Agreement, to be effective as of the Effective Time, Agreement shall have been executed and delivered by all necessary partiesparties and each of the representations and warranties of the “Unitholders” under (and as defined in) the Tax Receivable Termination Agreement shall be true and correct in all material respects on and as if made as of the Closing Date and each such Unitholder shall have complied with each of its covenants set forth in the Tax Receivable Termination Agreement since the date thereof.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Medley Management Inc.), Agreement and Plan of Merger (Sierra Income Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!