Termination, Early Termination and Breach of Agreement. (a) Unless terminated earlier pursuant to Section 4.01(b) or Section 4.01(c), this Agreement will terminate when there is no further potential for a Tax Benefit Payment pursuant to this Agreement. Tax Benefit Payments under this Agreement are not conditioned on any Member retaining an interest in the Corporate Taxpayer or OpCo (or any successor thereto).
Appears in 28 contracts
Samples: Tax Receivable Agreement (TWFG, Inc.), Tax Receivable Agreement (TWFG, Inc.), Tax Receivable Agreement (Clear Secure, Inc.)
Termination, Early Termination and Breach of Agreement. (a) Unless terminated earlier pursuant to Section 4.01(b) or Section 4.01(c), this Agreement will terminate when there is no further potential for a Tax Benefit Payment pursuant to this Agreement. Tax Benefit Payments under this Agreement are not conditioned on any Member Stockholder retaining an interest in the Corporate Taxpayer or OpCo (or any successor thereto).
Appears in 6 contracts
Samples: Tax Receivable Agreement, Tax Receivable Agreement (Amplify Snack Brands, INC), Tax Receivable Agreement (Virtu Financial, Inc.)
Termination, Early Termination and Breach of Agreement. (a) Unless terminated earlier pursuant to Section 4.01(b) or Section 4.01(c), this Agreement will terminate when there is no further potential for a Tax Benefit Payment pursuant to this Agreement. Tax Benefit Payments under this Agreement are not conditioned on any Member retaining an interest in the Corporate Taxpayer or OpCo (or any successor thereto).
Appears in 4 contracts
Samples: Tax Receivable Agreement (vTv Therapeutics Inc.), Tax Receivable Agreement (vTv Therapeutics Inc.), Tax Receivable Agreement (Wayne Farms, Inc.)
Termination, Early Termination and Breach of Agreement. (a) Unless terminated earlier pursuant to Section 4.01(b) or Section 4.01(c), this Agreement will terminate when there is no further potential for a Tax Benefit Payment pursuant to this Agreement. Tax Benefit Payments under this Agreement are not conditioned on any Member TRA Party retaining an interest in the Corporate Taxpayer or OpCo (or any successor thereto).
Appears in 3 contracts
Samples: Tax Receivable Agreement (Xponential Fitness, Inc.), Tax Receivable Agreement (Xponential Fitness, Inc.), Tax Receivable Agreement (Signify Health, Inc.)
Termination, Early Termination and Breach of Agreement. (a) Unless terminated earlier pursuant to Section Section 4.01(b), Section 4.01(c) or Section 4.01(cSection 4.01(d), this Agreement will terminate when there is no further potential for a Tax Benefit Payment pursuant to this Agreement. Tax Benefit Payments under this Agreement are not conditioned on any Member retaining an interest in the Corporate Taxpayer or OpCo (or any successor thereto).
Appears in 1 contract
Samples: Tax Receivable Agreement (Arog Pharmaceuticals, Inc.)
