Early Termination of Agreement Breach of Agreement. (a) With the prior written approval of the Board (or any Person(s) to whom the Board has delegated such authority), the Corporation may terminate this Agreement with respect AmericasActive:18057467.3 to all amounts payable to the TRA Parties at any time by paying to each TRA Party the Early Termination Payment in respect of the TRA Party; provided, however, that (i) this Agreement shall only terminate pursuant to this Section 4.1(a) upon the receipt in full of the Early Termination Payment by the TRA Parties, (ii) the Corporation shall deliver an Early Termination Notice only if it is able to make all required Early Termination Payments under this Agreement, and (iii) the Corporation may withdraw any notice to execute its termination rights under this Section 4.1(a) prior to the time at which any Early Termination Payment has been paid.
Appears in 3 contracts
Samples: Tax Receivable Agreement (Fathom Digital Manufacturing Corp), Tax Receivable Agreement (Fathom Digital Manufacturing Corp), Tax Receivable Agreement (Fathom Digital Manufacturing Corp)
Early Termination of Agreement Breach of Agreement. (a) With the prior written approval of the Board Governing Body (or any Person(s) to whom the Board Governing Body has delegated such authority), the Corporation may terminate this Agreement with respect AmericasActive:18057467.3 to all amounts payable to the TRA Parties at any time by paying to each TRA Party the Early Termination Payment in respect of the TRA Party; provided, however, that (i) this Agreement shall only terminate pursuant to this Section 4.1(a) upon the receipt in full of the Early Termination Payment by the TRA Parties, ; (ii) the Corporation shall deliver an Early Termination Notice only if it is able to make all required Early Termination Payments under this Agreement, and ; (iii) the Corporation may withdraw any notice to execute its termination rights under this Section 4.1(a) prior to the time at which any Early Termination Payment has been paid.
Appears in 3 contracts
Samples: Tax Receivable Agreement (Endeavor Group Holdings, Inc.), Tax Receivable Agreement (Endeavor Group Holdings, Inc.), Tax Receivable Agreement (Endeavor Group Holdings, Inc.)
Early Termination of Agreement Breach of Agreement. (a) With the prior written approval of the Board (or any Person(s) to whom the Board has delegated such authority), the Corporation may terminate this Agreement with respect AmericasActive:18057467.3 to all amounts payable to the TRA Parties at any time by paying to each TRA Party the Early Termination Payment in respect of the TRA Party; provided, however, that (i) this Agreement shall only terminate pursuant to this Section 4.1(a) upon the receipt in full of the Early Termination Payment by the TRA Parties, ; (ii) the Corporation shall deliver an Early Termination Notice only if it is able to make all required Early Termination Payments under this Agreement, ; and (iii) the Corporation may withdraw any notice to execute its termination rights under this Section 4.1(a) prior to the time at which any Early Termination Payment has been paid.
Appears in 3 contracts
Samples: Tax Receivable Agreement (McAfee Corp.), Tax Receivable Agreement (Ensemble Health Partners, Inc.), Tax Receivable Agreement (McAfee Corp.)