Common use of Payment upon Early Termination Clause in Contracts

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

Appears in 23 contracts

Samples: Tax Receivable Agreement (Clearwater Analytics Holdings, Inc.), Tax Receivable Agreement (Clearwater Analytics Holdings, Inc.), Tax Receivable Agreement (Nerdy Inc.)

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Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each the TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such the TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 13 contracts

Samples: Tax Receivable Agreement (GoDaddy Inc.), Employment Agreement (Medley Management Inc.), Tax Receivable Agreement (Medley Management Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer Corporation shall pay to each the TRA Party Parties an amount equal to the Early Termination Payment in respect of such TRA Party; provided, however, that any amount payable pursuant to this Agreement as a result of a Change of Control shall be paid concurrently with the consummation of such Change of Control. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such the TRA Party or as otherwise agreed by the Corporate Taxpayer Corporation and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 7 contracts

Samples: Tax Receivable Agreement (Fathom Digital Manufacturing Corp), Tax Receivable Agreement (Fathom Digital Manufacturing Corp), Joinder Agreement (Fathom Digital Manufacturing)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each relevant TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

Appears in 6 contracts

Samples: Tax Receivable Agreement (Weber Inc.), Tax Receivable Agreement (European Wax Center, Inc.), Tax Receivable Agreement (Bumble Inc.)

Payment upon Early Termination. (a) Within three five (35) calendar days Business Days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

Appears in 5 contracts

Samples: Tax Receivable Agreement (Collier Creek Holdings), Business Combination Agreement (dMY Technology Group, Inc.), Tax Receivable Agreement (Snap One Holdings Corp.)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer Company shall pay to each TRA Party an aggregate amount equal to the Early Termination Payment Amount in respect of such TRA PartyParty (each, an “Early Termination Payment”). Such payment Each Early Termination Payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such the TRA Party or as otherwise agreed by the Corporate Taxpayer Company and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 5 contracts

Samples: Tax Receivable Agreement (Change Healthcare Inc.), Tax Receivable Agreement (PF2 SpinCo LLC), Tax Receivable Agreement (PF2 SpinCo, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days Business Days after an the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such each TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 5 contracts

Samples: Tax Receivable Agreement (Wm Technology, Inc.), Tax Receivable Agreement (Highland Transcend Partners I Corp.), Exchange Agreement (Highland Transcend Partners I Corp.)

Payment upon Early Termination. (a) Within three five (35) calendar days Business Days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of Attributable to such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated in writing by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

Appears in 4 contracts

Samples: Tax Receivable Agreement (Biote Corp.), Business Combination Agreement (FG New America Acquisition Corp.), Letter Agreement (FTAC Athena Acquisition Corp.)

Payment upon Early Termination. (a) Within three five (35) calendar days Business Days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the entire Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

Appears in 4 contracts

Samples: Tax Receivable Agreement (Thayer Ventures Acquisition Corp), Business Combination Agreement (CC Neuberger Principal Holdings I), Tax Receivable Agreement

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such the TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 3 contracts

Samples: Tax Receivable Agreement (GoDaddy Inc.), Tax Receivable Agreement (GoDaddy Inc.), Tax Receivable Agreement (Caliburn International Corp)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer Corporation shall pay to each the TRA Party Parties an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such the TRA Party or as otherwise agreed by the Corporate Taxpayer Corporation and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

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.)

Payment upon Early Termination. (a) Within three ten (310) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each relevant TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

Appears in 3 contracts

Samples: Tax Receivable Agreement (TPG Inc.), Tax Receivable Agreement (TPG Inc.), Tax Receivable Agreement (TPG Partners, LLC)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such the TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 2 contracts

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

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer Corporation shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer Corporation and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerCorporation.

Appears in 2 contracts

Samples: Tax Receivable Agreement (TPG Pace Solutions Corp.), Tax Receivable Agreement (Vacasa, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days Business Days after an the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Xponential Fitness, Inc.), Tax Receivable Agreement (Xponential Fitness, Inc.)

Payment upon Early Termination. (a) Within three five (35) calendar days Business Days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 2 contracts

Samples: Income Tax Receivable Agreement (Proptech Investment Corp. Ii), Income Tax Receivable Agreement (Appreciate Holdings, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party with respect to whom such termination has just occurred an amount equal to the Early Termination Payment in with respect of to such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 2 contracts

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

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Payment upon Early Termination. (a) Within a)Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to such TRA Party’s Sharing Percentage of the Early Termination Payment in respect of such TRA PartyPayment. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

Appears in 2 contracts

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

Payment upon Early Termination. (a) Within three five (35) calendar days Business Days after the date an Early Termination Effective DateSchedule becomes binding pursuant to Section 4.2, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such each TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Bakkt Holdings, Inc.), Limited Liability Company Agreement (VPC Impact Acquisition Holdings)

Payment upon Early Termination. (a) Within three (3) calendar days after an the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made 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 such the applicable TRA Party or as otherwise agreed by the Corporate Taxpayer and such or the TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Thunder Bridge Acquisition II, LTD), Tax Receivable Agreement (Indie Semiconductor, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer Corporation shall pay to each of the TRA Party Parties an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such the TRA Party or as otherwise agreed by the Corporate Taxpayer Corporation and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Fluence Energy, Inc.), Tax Receivable Agreement (Fluence Energy, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days Business Days after an the Early Termination Effective Date, the Corporate Taxpayer shall pay to each the TRA Party Parties, in accordance with their respective shares as set forth on the Payment Schedule, an amount equal to the Early Termination Payment in respect of such all TRA PartyParties. Such payment shall be made in cash by wire transfer of immediately available funds to a bank account or accounts designated by such each TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Spree Acquisition Corp. 1 LTD), Tax Receivable Agreement (OPAL Fuels Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer Corporation shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party (computed on the basis of such TRA Party’s Ownership Percentage). Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer Corporation and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerCorporation.

Appears in 2 contracts

Samples: Tax Receivable Agreement (HireRight GIS Group Holdings, LLC), Tax Receivable Agreement (HireRight Holdings Corp)

Payment upon Early Termination. (a) Within three (3) calendar days Business Days after an the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to such TRA Party’s Sharing Percentage of the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 1 contract

Samples: Tax Receivable Agreement (Signify Health, Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days Business Days after an the Early Termination Effective Date, the Corporate Taxpayer shall pay to each the Agent for disbursement to the TRA Party Parties, in accordance with their respective shares as set forth on the Payment Schedule, an amount equal to the Early Termination Payment in respect of such all TRA PartyParties. Such payment shall be made in cash by wire transfer of immediately available funds to a bank account or accounts designated by such each TRA Party or as otherwise agreed by the Corporate Taxpayer Agent and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 1 contract

Samples: Business Combination Agreement (ArcLight Clean Transition Corp. II)

Payment upon Early Termination. (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party with respect to whom such termination has just occurred an amount equal to the Early Termination Payment in with respect of to such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 1 contract

Samples: Tax Receivable Agreement (Nextracker Inc.)

Payment upon Early Termination. (a) Within three (3) calendar days after an the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such each TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 1 contract

Samples: Tax Receivable Agreement (Thunder Bridge Acquisition LTD)

Payment upon Early Termination. (a) Within Subject to its right to withdraw any Early Termination Request pursuant to Section 4.1(a), within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a the bank account or accounts previously designated by such each TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate TaxpayerParty.

Appears in 1 contract

Samples: Tax Receivable Agreement (SilverSun Technologies, Inc.)

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