Blocker TRA Holders definition
Blocker TRA Holders is defined in the recitals to this Agreement.
Blocker TRA Holders means the equityholders of the Blocker as of immediately prior to the commencement of the Reorganization Transactions.
Blocker TRA Holders means a Person who, prior to the Reorganization Transactions, holds equity interests of a Blocker, and as a result of the Reorganization Transactions, holds Class A Common Stock.
Examples of Blocker TRA Holders in a sentence
The Parties intend that each Merger will qualify as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended (the “Code”), and that any rights received by the Blocker TRA Holders (as defined in the Tax Receivable Agreement) for payments to be received under the Tax Receivable Agreement will constitute the receipt of money or other property taxable to the Blocker TRA Holders under Section 356(a)(1) of the Code.
More Definitions of Blocker TRA Holders
Blocker TRA Holders means the equityholders of the Blocker as of immediately prior to the commencement of the Reorganization Transactions. “Board” means the Board of Directors of the Corporation.