Common use of Attributable Clause in Contracts

Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment or Imputed Interest that is attributable to an Exchange undertaken by or with respect to such Member.

Appears in 21 contracts

Samples: Tax Receivable Agreement (Amneal Pharmaceuticals, Inc.), Tax Receivable Agreement (MedMen Enterprises, Inc.), Tax Receivable Agreement (VictoryBase Corp)

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Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, or Imputed Actual Interest Amount that is attributable to an Exchange undertaken by or with respect to such Member.

Appears in 9 contracts

Samples: Tax Receivable Agreement (Camping World Holdings, Inc.), Tax Receivable Agreement (Camping World Holdings, Inc.), Tax Receivable Agreement (BJ Services, Inc.)

Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment or Imputed Interest that is attributable to arising as a result of an Exchange undertaken by or with respect to such Member.

Appears in 4 contracts

Samples: Tax Receivable Agreement (P3 Health Partners Inc.), Tax Receivable Agreement (Marketwise, Inc.), Joinder Agreement (Foresight Acquisition Corp.)

Attributable. A Net Tax Benefit is “Attributable” to a Member TRA Payment Recipient to the extent that it is derived from any Basis Adjustment or Imputed Interest that is attributable to an Exchange undertaken by or with respect to such MemberTRA Payment Recipient.

Appears in 3 contracts

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

Attributable. A Net Tax Benefit that is “Attributable” to a Member with respect to any Exchange Covered Tax Assets shall be determined separately with respect to each Member and each Exchange undertaken by or with respect such Member in an amount equal to the extent that it is derived from any Basis Adjustment or Imputed Interest that is attributable total Exchange Covered Tax Assets relating to an Exchange undertaken the Units Exchanged by or with respect to such Member.

Appears in 3 contracts

Samples: Tax Receivable Agreement (Bridge Investment Group Holdings Inc.), Tax Receivable Agreement (Bridge Investment Group Holdings Inc.), Tax Receivable Agreement (Bridge Investment Group Holdings Inc.)

Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from (A) any Basis Adjustment or Imputed Interest that is attributable to an Exchange a Basis Transaction undertaken by or with respect to such Member, (B) any Section 704(c) Benefit to the Corporation to the extent such Section 704(c) Benefit increased the taxable income (or decreased the taxable loss or tax deductions) allocated to such Member, or (C) Section 707(c) Deductions resulting from payments made to such Member.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Bellring Brands, Inc.), Tax Receivable Agreement (Bellring Brands, Inc.)

Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, or Imputed Actual Interest Amount that is attributable to an Exchange undertaken by or with respect to such MemberMember or is attributable to a Reverse Section 704(c) Allocation that otherwise would have been allocated to such Member if Xxxx Holdings was not required to make such Reverse Section 704(c) Allocation.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Neff Corp), Tax Receivable Agreement (Neff Corp)

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Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, or Imputed Actual Interest Amount that is attributable to an Exchange undertaken by or with respect to such Member or a Specified Section 734(b) Basis Adjustment Transaction with respect to such Member.

Appears in 2 contracts

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

Attributable. A Net Tax Benefit is “Attributable” to a Member an Exchange TRA Holder to the extent that it is derived from any Basis Adjustment or Imputed Interest Interest, that is attributable to such Exchange TRA Holder (whether through an Exchange undertaken by or with respect to such Memberotherwise).

Appears in 2 contracts

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

Attributable. A Net Tax Benefit is “Attributable” to a Member to the extent that it is derived from any Basis Adjustment Adjustment, Imputed Interest, Actual Interest Amount or Imputed Default Rate Interest that is attributable to arising as a result of an Exchange undertaken by or with respect to such Member.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Brilliant Earth Group, Inc.), Tax Receivable Agreement (Brilliant Earth Group, Inc.)

Attributable. A Net Tax Benefit is “Attributable” to a Member Beneficiary to the extent that it is derived from any Basis Adjustment or Imputed Interest that is attributable to an Exchange undertaken by or with respect to such MemberBeneficiary or from any Pre-IPO NOL that is deemed attributable to such Beneficiary; provided, that, in the case of any Net Tax Benefit Attributable to the Merger, such Net Tax Benefit shall be Attributable to each former shareholder of AOTG on a pro rata basis in accordance with their ownership interests, as provided on Exhibit A hereto.

Appears in 1 contract

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

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