Common use of Timing of Payment Clause in Contracts

Timing of Payment. Within five (5) Business Days after the Early Termination Reference Date, the Corporation shall pay to each TRA Holder an amount equal to the Early Termination Payment for such TRA Holder. 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 such TRA Holder or as otherwise agreed by the Corporation and such TRA Holder.

Appears in 6 contracts

Samples: Tax Receivable Agreement (Falcon's Beyond Global, Inc.), Tax Receivable Agreement (FAST Acquisition Corp. II), Tax Receivable Agreement (QualTek Services Inc.)

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Timing of Payment. Within five three (53) Business Days after the Early Termination Reference Date, the Corporation shall pay to each TRA Holder an amount equal to the Early Termination Payment for such TRA Holder. 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 such TRA Holder or as otherwise agreed by the Corporation and such TRA Holder.

Appears in 5 contracts

Samples: Tax Receivable Agreement (Flyexclusive Inc.), Operating Agreement (EG Acquisition Corp.), Tax Receivable Agreement (Sky Harbour Group Corp)

Timing of Payment. Within five ten (510) Business Days after the Early Termination Reference Date, the Corporation shall pay to each TRA Holder an amount equal to the Early Termination Payment for such TRA Holder. 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 such TRA Holder or as otherwise agreed by the Corporation and such TRA Holder.

Appears in 4 contracts

Samples: Tax Receivable Agreement (System1, Inc.), Tax Receivable Agreement (Vivid Seats Inc.), Business Combination Agreement (Trebia Acquisition Corp.)

Timing of Payment. Within five (5) Business Days after the Early Termination Reference Date, the Corporation shall pay to each the TRA Holder an amount equal to the Early Termination Payment for such TRA HolderPayment. 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 such the TRA Holder or as otherwise agreed by the Corporation and such the TRA Holder.

Appears in 3 contracts

Samples: Tax Receivable Agreement (Bitcoin Depot Inc.), Tax Receivable Agreement (GSR II Meteora Acquisition Corp.), Tax Receivable Agreement (GSR II Meteora Acquisition Corp.)

Timing of Payment. Within five (5) Business Days after the Early Termination Reference Date, the Corporation shall pay to each TRA Holder Payment Recipient an amount equal to the Early Termination Payment for such TRA HolderPayment Recipient. 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 such the TRA Holder Payment Recipients or as otherwise agreed by the Corporation and such the TRA HolderPayment Recipients.

Appears in 3 contracts

Samples: Tax Receivable Agreement (EVO Payments, Inc.), Tax Receivable Agreement (EVO Payments, Inc.), Tax Receivable Agreement (EVO Payments, Inc.)

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Timing of Payment. Within five (5) By the date that is 3 Business Days after the Early Termination Reference Date (such date, the “Final Payment Date” in respect of the Early Termination Payment), the Corporation shall pay in full to each TRA Holder an amount equal to the Early Termination Payment for applicable to such TRA Holder. 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 such TRA Holder or as otherwise agreed by the Corporation and such applicable TRA Holder.

Appears in 2 contracts

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

Timing of Payment. Within By the date that is five (5) Business Days after the Early Termination Reference Date (such date, the “Final Payment Date” in respect of the Early Termination Payment), the Corporation shall pay in full to each TRA Holder an amount equal to the Early Termination Payment for such TRA Holder. Such Early Termination Payment shall be made by the Corporation by wire transfer of immediately available funds applicable to a bank account or accounts designated by such TRA Holder or as otherwise agreed by in accordance with the Corporation and such TRA Holderprocedures set forth in Section 3.1(a).

Appears in 1 contract

Samples: Tax Receivable Agreement (Milan Laser Inc.)

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