Common use of Actual Interest Amount Clause in Contracts

Actual Interest Amount. The “Actual Interest Amount” calculated in respect of the Net Tax Benefit for a Taxable Year will equal the amount of any Extension Rate Interest.

Appears in 20 contracts

Samples: Tax Receivable Agreement (Switch, Inc.), Tax Receivable Agreement, Tax Receivable Agreement (Cresco Labs Inc.)

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Actual Interest Amount. The “Actual Interest Amount” calculated in respect of the Net Tax Benefit for a Taxable Year will equal the amount of any Extension Rate Interest and the amount of any Default Rate Interest.

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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