Proportionate Share. For purposes of this Agreement, a TRA Holder’s “proportionate share” for any Taxable Year equals (i) the deductions available for use in such Taxable Year associated with the Exchange Basis Adjustments and the Imputed Interest attributable to such TRA Holder, divided by (ii) the deductions associated with all Exchange Basis Adjustments and all Imputed Interest that are available for use in such Taxable Year.
Appears in 7 contracts
Samples: Tax Receivable Agreement (Spark Energy, Inc.), Tax Receivable Agreement (Parsley Energy, Inc.), Tax Receivable Agreement (Parsley Energy, Inc.)
Proportionate Share. For purposes of this Agreement, a TRA Holder’s “proportionate share” for any Taxable Year equals (i) the deductions available for use in such Taxable Year associated with the Exchange Basis Adjustments and the Imputed Interest Tax Assets attributable to such TRA Holder, divided by (ii) the deductions associated with all Exchange Basis Adjustments and all Imputed Interest Tax Assets that are available for use in such Taxable Year.
Appears in 1 contract
Samples: Tax Receivable Agreement (Frank's International N.V.)
