Definition of Tax Receivables Agreements


Tax Receivables Agreements means (i) that certain Tax Receivables Agreement, dated as of May 2, 2012, by and among Edgen Group Inc., EDG Holdco LLC and Bourland & Leverich Holdings LLC and (ii) that certain Tax Receivables Agreement, dated as of May 2, 2012, by and among Edgen Group Inc., EDG Holdco LLC and Edgen Murray II, L.P, in each case, as amended, restated or supplemented from time to time; provided that no such amendment, restatement or supplement shall adversely affect holders of Notes.
Sample 1

Examples of Tax Receivables Agreements in a sentence

Nothing in this Section 4.04(a) shall be deemed to modify any contractual rights of the Principal Stockholders, including the rights set forth in the Tax Receivables Agreements.
On January 14, 2015, PricewaterhouseCoopers ("PwC"), Norcraft's tax advisor, presented to representatives of Fortune Brands and RBC via a conference call PwC's analysis regarding the Tax Receivables Agreements between Norcraft and certain of its shareholders and holders of LLC Units (the "Norcraft TRAs").
Except as otherwise required by an applicable change in law: (a) the parties shall report an Exchange consummated hereunder as a taxable sale of Class B common units by a Class B Member to Evolent Health, Inc., in which sale the consideration shall be the Class A Shares and any related payments made to such party under the Tax Receivables Agreements; and (b) no party shall take a contrary position on any income tax return, amendment thereof or communication with a taxing authority.