Common use of Payment upon Early Termination Clause in Contracts

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three (3) Business Days after the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporate Taxpayer and the TRA Holder.

Appears in 15 contracts

Samples: Tax Receivable Agreement (OneWater Marine Inc.), Tax Receivable Agreement (ProFrac Holding Corp.), Tax Receivable Agreement (Focus Financial Partners Inc.)

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Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three (3) Business Days calendar days after the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the such TRA Holder, or as otherwise agreed by the Corporate Taxpayer and the such TRA Holder.

Appears in 9 contracts

Samples: Tax Receivable Agreement (Solaris Oilfield Infrastructure, Inc.), Tax Receivable Agreement (Aris Water Solutions, Inc.), Tax Receivable Agreement (Solaris Oilfield Infrastructure, Inc.)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three (3) Business Days calendar days after the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporate Taxpayer and the TRA Holder.

Appears in 4 contracts

Samples: Tax Receivable Agreement (Select Energy Services, Inc.), Tax Receivable Agreement (Select Energy Services, Inc.), Tax Receivable Agreement (Select Energy Services, Inc.)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three five (35) Business Days after the Early Termination Effective Date, the Corporate Taxpayer Parent Corporation shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporate Taxpayer Parent Corporation and the TRA Holder.

Appears in 3 contracts

Samples: Tax Receivable Agreement (Nexeo Solutions, Inc.), Tax Receivable Agreement (WL Ross Holding Corp.), Tax Receivable Agreement (Nexeo Solutions Holdings, LLC)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three (3) Business Days after the Early Termination Effective Date, the Corporate Taxpayer Group shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporate Taxpayer Group and the TRA Holder.

Appears in 3 contracts

Samples: Tax Receivable Agreement (Stronghold Digital Mining, Inc.), Letter Agreement (Climate Change Crisis Real Impact I Acquisition Corp), Tax Receivable Agreement (EVgo Inc)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three (3) Business Days after the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporate Taxpayer and the TRA Holder.

Appears in 3 contracts

Samples: Letter Agreement (ESGEN Acquisition Corp), Tax Receivable Agreement (Zeo Energy Corp.), Letter Agreement (ESGEN Acquisition Corp)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.14.1(a), within three (3) Business Days calendar days after the an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Holder its Party an amount equal to the Early Termination PaymentPayment in respect of such TRA Party. Each such Such payment shall be made by check, by wire transfer of immediately available funds or ACH to a the bank account or accounts previously designated by the TRA Holder, Party or as otherwise agreed by the Corporate Taxpayer and the such TRA HolderParty.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Vine Resources Inc.), Tax Receivable Agreement (Vine Resources Inc.)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three (3) five Business Days after the Early Termination Effective Date, the Corporate Taxpayer Parent Corporation shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated in writing by the TRA Holder, or as otherwise agreed by the Corporate Taxpayer Parent Corporation and the TRA Holder.

Appears in 2 contracts

Samples: Tax Receivable Agreement (MDH Acquisition Corp.), Investor Rights Agreement (MDH Acquisition Corp.)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.14.1(a), within three (3) Business Days calendar days after the an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Holder its Party an amount equal to the Early Termination PaymentPayment in respect of such TRA Party. Each such Such payment shall be made by check, by wire transfer of immediately available funds to a the bank account or accounts previously designated by the TRA Holder, Party or as otherwise agreed by the Corporate Taxpayer and the such TRA HolderParty.

Appears in 2 contracts

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

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Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.14,1, within three five (35) Business Days after the Early Termination Effective Date, the Corporate Taxpayer Parent Corporation shall pay to each Seller, for the benefit of the TRA Holder its Holders, the aggregate amount of Early Termination PaymentPayments to which the TRA Holders are entitled hereunder. Each such Such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA HolderSeller, or as otherwise agreed by the Corporate Taxpayer Parent Corporation and the TRA HolderSeller.

Appears in 1 contract

Samples: Tax Receivable Agreement (Paya Holdings Inc.)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three five (35) Business Days after the Early Termination Effective Date, the Corporate Taxpayer Parent Corporation shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated in writing by the TRA Holder, or as otherwise agreed by the Corporate Taxpayer Parent Corporation and the TRA Holder.

Appears in 1 contract

Samples: Tax Receivable Agreement (Digital Media Solutions, Inc.)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three five (35) Business Days after the Early Termination Effective Date, the Corporate Taxpayer Parent Corporation shall pay to each Seller, for the benefit of the TRA Holder its Holders, the aggregate amount of Early Termination PaymentPayments to which the TRA Holders are entitled hereunder. Each such Such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA HolderSeller, or as otherwise agreed by the Corporate Taxpayer Parent Corporation and the TRA HolderSeller.

Appears in 1 contract

Samples: Tax Receivable Agreement (Fintech Acquisition Corp Iii Parent Corp)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three (3) Business Days after the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder, or as otherwise agreed by the Corporate Taxpayer and the TRA Holder. The TRA Holders shall not be required to return any portion of any Early Termination Payment even if there is later a Determination affecting such Early Termination Payment.

Appears in 1 contract

Samples: Tax Receivable Agreement (Rosehill Resources Inc.)

Payment upon Early Termination. (a) Subject to its right to withdraw any notice of Early Termination pursuant to Section 4.1, within three (3) Business Days after the Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Holder its Early Termination Payment. Each such payment shall be made by check, by wire transfer of immediately available funds to a bank account or accounts designated by the such TRA Holder, or as otherwise agreed by the Corporate Taxpayer and the such TRA Holder.

Appears in 1 contract

Samples: Tax Receivable Agreement (Ranger Energy Services, Inc.)

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