Common use of Late Payments by the Corporation Clause in Contracts

Late Payments by the Corporation. The amount of all or any portion of any Exchange Payment not made to any Partner when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Exchange Payment was due and payable.

Appears in 15 contracts

Samples: Tax Receivable Agreement, Tax Receivable Agreement (Hamilton Lane INC), Tax Receivable Agreement (Hamilton Lane INC)

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Late Payments by the Corporation. The amount of all or any portion of any Exchange Payment not made to any Partner Member when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Exchange Payment was due and payable.

Appears in 14 contracts

Samples: Tax Receivable Agreement, Tax Receivable Agreement, Tax Receivable Agreement (Malibu Boats, Inc.)

Late Payments by the Corporation. The amount of all or any portion of any Exchange Payment not made to any Partner Member when due (without regard to Section 5.01) under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Exchange Payment was due and payable.

Appears in 5 contracts

Samples: Tax Receivable Agreement (Manning & Napier, Inc.), Tax Receivable Agreement (Manning & Napier, Inc.), Tax Receivable Agreement (Pzena Investment Management, Inc.)

Late Payments by the Corporation. The amount of all or any portion of any Exchange Payment not made to any Partner when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from on the date on which such Exchange Payment was due and payable.

Appears in 4 contracts

Samples: Tax Receivable Agreement (Blue Owl Capital Inc.), Tax Receivable Agreement (Perella Weinberg Partners), Tax Receivable Agreement (Blue Owl Capital Inc.)

Late Payments by the Corporation. The amount of all or any portion of any Exchange Payment not made to any Partner Member when due (without regard to Section 5.01) under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Exchange Payment was due and payable.

Appears in 4 contracts

Samples: Tax Receivable Agreement, Tax Receivable Agreement (Red Rock Resorts, Inc.), Tax Receivable Agreement (Red Rock Resorts, Inc.)

Late Payments by the Corporation. The amount of all or any portion of any an Exchange Payment not made to any the applicable Partner when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Agreed Rate and commencing from the date on which such Exchange Payment was due and payable.

Appears in 3 contracts

Samples: Joinder Agreement, Joinder Agreement (Evercore Partners Inc.), Joinder Agreement (Evercore Partners Inc.)

Late Payments by the Corporation. The amount of all or any portion of any Exchange Tax Benefit Payment not made to any the applicable Partner when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Exchange Payment was due and payable.

Appears in 2 contracts

Samples: Amended And (Fortress Investment Group LLC), Tax Receivable Agreement (Fortress Investment Group Holdings LLC)

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Late Payments by the Corporation. The amount of all or any portion of any Exchange Payment not made to any Partner Member when due (subject to the Corporation’s rights under Section 3.01(c)) under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from the date on which such Exchange Payment was due and payable.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Pennymac Financial Services, Inc.), Tax Receivable Agreement (Pennymac Financial Services, Inc.)

Late Payments by the Corporation. The amount of all or any portion of any Exchange Payment not made to any Partner Member when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate and commencing from on the date on which such Exchange Payment was due and payable.

Appears in 2 contracts

Samples: Tax Receivable Agreement (SmileDirectClub, Inc.), Tax Receivable Agreement (SmileDirectClub, Inc.)

Late Payments by the Corporation. The amount of all or any portion of any Exchange Payment not made to any Exchanging Partner when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate (rather than the Agreed Rate) and commencing from the date on which such Exchange Payment was due and payable.

Appears in 1 contract

Samples: Tax Receivable Agreement (Silver Run Acquisition Corp II)

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