Examples of Exchanged Owner in a sentence
The decision of each Exchanged Owner to enter into this Agreement has been made by such Exchanged Owner independently of any other Exchanged Owner.
Each such payment shall be made, at the sole discretion of Corporate Taxpayer, by wire or Automated Clearing House transfer of immediately available funds to the bank account previously designated by the applicable Exchanged Owner to Corporate Taxpayer or as otherwise agreed by Corporate Taxpayer and the applicable Exchanged Owner.
The rights and obligations of each Exchanged Owner hereunder are independent of the rights and obligations of any other Exchanged Owner hereunder.
The obligations of each Exchanged Owner hereunder are solely for the benefit of, and shall be enforceable solely by, Corporate Taxpayer.
Such payment shall be made, at the sole discretion of Corporate Taxpayer, by wire or Automated Clearing House transfer of immediately available funds to a bank account or accounts designated by the applicable Exchanged Owner or as otherwise agreed by Corporate Taxpayer and the Exchanged Owner.
No Exchanged Owner shall be responsible in any way for the performance of the obligations of any other Exchanged Owner hereunder, nor shall any Exchanged Owner have the right to enforce the rights or obligations of any other Exchanged Owner hereunder.
To the extent that amounts are so withheld and paid over to the appropriate Taxing Authority by Corporate Taxpayer, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to such Exchanged Owner.
Each such payment shall be made by wire or Automated Clearing House transfer of immediately available funds to the bank account previously designated by the applicable TRA Party to Corporate Taxpayer or as otherwise agreed by Corporate Taxpayer and the applicable Exchanged Owner.
If for whatever reason Corporate Taxpayer does not receive Exchanged Owner Basis with respect to a Reference Asset but Corporate Taxpayer is provided with a similar tax basis under another section of the Code, then the principles of and computation of payments pursuant to this Agreement shall apply mutatis mutandis to such tax basis.
If to any Exchanged Owner, to the address and other contact information set forth in the records of Corporate Taxpayer from time to time.