TRA Payment definition

TRA Payment means any Tax Benefit Payment or Early Termination Payment, or any other payment to be made by the Corporation under this Agreement.

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TRA Payment as defined in the preamble hereto.

TRA Payment means any Annual Tax Payment, Additional Tax Payment or Termination Payment.

Examples of TRA Payment in a sentence

• If the Corporation fails to make a TRA Payment in full on the date the TRA Payment is due pursuant to this Agreement, the unpaid portion of the TRA Payment will accrue interest (“Default Rate Interest”) at the Default Rate from the due date until the date the TRA Payment is made in full.

• No Participant will be required under any circumstance to return any TRA Payment paid to it by the Corporation under this Agreement.

• The Corporation may deduct and withhold from any TRA Payment such amounts as it is required to deduct and withhold under applicable Tax Law.

• The Parties will reasonably cooperate to reduce or eliminate any deduction or withholding that might otherwise be required with respect to any TRA Payment (including by providing or obtaining any certificates or other documentation that would reduce or eliminate any deduction or withholding to the extent a Party is legally entitled to do so).

• A Tax Benefit Schedule provided to New PST, and a Tax Benefit Schedule provided to IPCo in a New PST TRA Period, shall show, in reasonable detail, the calculation of the New PST TRA Payment (along with all other information required pursuant to Section 2.03(a)).

More Definitions of TRA Payment

TRA Payment means any amount payable by a Public Parent under a Tax Receivable Agreement, other than any TRA Early Termination Payment.

TRA Payment is defined in Section 5.01.

TRA Payment means any amount payable by the MLP under a Tax Receivable Agreement, other than any TRA Early Termination Payment. “Transactions” means, collectively, (a) the entering into by the Agent, the Lender Parties and the Credit Parties of the Loan Documents to which they are a party, (b) the issuance of the Second Lien Secured Notes, (c) the consummation of the Amendment Transactions and (d) the payment of the fees and expenses incurred in connection with the consummation of the foregoing.

TRA Payment means any amount payable by the MLP under a Tax Receivable Agreement, other than any TRA Early Termination Payment.

TRA Payment is defined in Section 5.1 of this Agreement.

TRA Payment shall have the meaning assigned to such term in Section 6.06(f).

TRA Payment means any payment made to a TRA Party (as defined in the TRA) under the TRA.