Late Payments by the Corporation. The amount of all or any portion of any Tax Benefit Payment, Early Termination Payment or other payment under this Agreement not made to the TRA Parties 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 Tax Benefit Payment, Early Termination Payment or other payment was due and payable.
Appears in 15 contracts
Samples: Tax Receivable Agreement (Fathom Digital Manufacturing Corp), Tax Receivable Agreement (Fathom Digital Manufacturing Corp), Tax Receivable Agreement (Fathom Digital Manufacturing Corp)
Late Payments by the Corporation. The amount of all or any portion of any Tax Benefit Payment, Early Termination Payment or any other payment under this Agreement not made to the any TRA Parties Holder when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default Rate (or, if so provided in Section 4.3(a), at the Agreed Rate) and commencing from the date on which such Tax Benefit Payment, Early Termination Payment or any other payment under this Agreement was due and payable.
Appears in 6 contracts
Samples: Tax Receivable Agreement (Allvue Systems Holdings, Inc.), Tax Receivable Agreement (Powerschool Holdings, Inc.), Tax Receivable Agreement (Powerschool Holdings, Inc.)
Late Payments by the Corporation. The amount of all or any portion of any Tax Benefit Payment, Early Termination Payment or any other payment under this Agreement not made to the any TRA Parties Holder 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 Tax Benefit Payment, Early Termination Payment or any other payment under this Agreement was due and payable.
Appears in 5 contracts
Samples: Tax Receivable Agreement (Rice Acquisition Corp. II), Tax Receivable Agreement (BRC Inc.), Tax Receivable Agreement (Silverbox Engaged Merger Corp I)
Late Payments by the Corporation. The amount of all or any portion of any Tax Benefit Payment, Payment or Early Termination Payment or other payment under this Agreement not made to the TRA Parties Payment Recipients when due under the terms of this Agreement Agreement, whether as a result of Section 5.1 and the terms of the Senior Obligations or otherwise, shall be payable together with any interest thereon, computed at the Default Rate Interest, which shall accrue beginning on the Final Payment Date and commencing from the date on which such Tax Benefit Payment, Early Termination Payment or other payment was due and payablebe computed as provided in Section 3.1(b)(ix).
Appears in 3 contracts
Samples: Tax Receivable Agreement (EVO Payments, Inc.), Tax Receivable Agreement (EVO Payments, Inc.), Tax Receivable Agreement (EVO Payments, Inc.)
Late Payments by the Corporation. The amount of all or any portion of any Tax Benefit Payment, Payment or Early Termination Payment or other payment under this Agreement not made to the applicable TRA Parties Holder when due under the terms of this Agreement shall be payable together with any interest thereon, thereon computed at the Default Rate 10% and commencing from the date on which such Tax Benefit Payment, Early Termination Payment or other payment was due and payable.
Appears in 1 contract
Samples: Income Tax Receivable Agreement (Liberty Tax, Inc.)
