Common use of Timing of Payment Clause in Contracts

Timing of Payment. Within three (3) Business Days after the Early Termination Reference Date, the Corporation shall pay to each Member an amount equal to the Early Termination Payment for such Member. Such Early Termination Payment shall be made by the Corporation by wire transfer of immediately available funds to a bank account or accounts designated by the Members or as otherwise agreed by the Corporation and the Members.

Appears in 28 contracts

Samples: Tax Receivable Agreement (Bioventus Inc.), Tax Receivable Agreement (Bioventus Inc.), Tax Receivable Agreement (GCM Grosvenor Inc.)

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Timing of Payment. Within three (3) Business Days after the Early Termination Reference Date, the Corporation shall pay to each Member an amount equal to the Early Termination Payment for such Member. Such Early Termination Payment shall be made by the Corporation by wire transfer of immediately available funds to a bank account or accounts designated by the Members or as otherwise agreed by the Corporation and the Members.. (b)

Appears in 2 contracts

Samples: Joinder Agreement (Neff Corp), Limited Liability Company Agreement (Neff Corp)

Timing of Payment. Within three ten (310) Business Days calendar days after the Early Termination Reference Date, the Corporation shall pay to each Member an amount equal to the Early Termination Payment for such Member. Such Early Termination Payment shall be made by the Corporation by wire transfer of immediately available funds to a bank account or accounts designated by the Members or as otherwise agreed by the Corporation and the Members.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Pluralsight, Inc.), Tax Receivable Agreement (Pluralsight, Inc.)

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Timing of Payment. Within three (3) Business Days after the Early Termination Reference Date, the Corporation shall pay to each Member Beneficiary an amount equal to the Early Termination Payment for such MemberBeneficiary. Such Early Termination Payment shall be made by the Corporation by wire transfer of immediately available funds to a bank account or accounts designated by the Members Beneficiaries or as otherwise agreed by the Corporation and the MembersBeneficiaries.

Appears in 1 contract

Samples: Tax Receivable Agreement (OTG EXP, Inc.)

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