Common use of Tax Benefit Schedule Clause in Contracts

Tax Benefit Schedule. Within 120 days after the filing of the U.S. federal income Tax Return of the Corporation for any Taxable Year ending after the date of this Agreement, the Corporation shall provide to the TRA Representative either (A) a schedule showing, in reasonable detail, the calculation of the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year (a “Tax Benefit Schedule”), or, (B) if there is no Realized Tax Benefit or Realized Tax Detriment for that Taxable Year, notice to that effect.

Appears in 6 contracts

Samples: Tax Receivable Agreement (Viant Technology Inc.), Tax Receivable Agreement (Viant Technology Inc.), Tax Receivable Agreement (StepStone Group Inc.)

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Tax Benefit Schedule. Within 120 days after the filing of the U.S. federal income Tax Return of the Corporation for any Taxable Year ending after the date of this Agreement, the Corporation shall provide to the TRA Representative and the Blocked TRA Holders either (A) a schedule showing, in reasonable detail, the calculation of the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year (a “Tax Benefit Schedule”), or, (B) if there is no Realized Tax Benefit or Realized Tax Detriment for that Taxable Year, notice to that effect.

Appears in 3 contracts

Samples: Tax Receivable Agreement (Zevia PBC), Tax Receivable Agreement (Caisse De Depot Et Placement Du Quebec), Tax Receivable Agreement (Zevia PBC)

Tax Benefit Schedule. Within 120 days after the filing of the U.S. federal income Tax Return of the Corporation for any Taxable Year ending after the date of this Agreementthe first Exchange, the Corporation shall provide to the TRA Representative either (A) a schedule showing, in reasonable detail, the calculation of the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year (a “Tax Benefit Schedule”), ) or, (B) if there is no Realized Tax Benefit or Realized Tax Detriment for that Taxable Year, notice to that effect.

Appears in 3 contracts

Samples: Tax Receivable Agreement (GEN Restaurant Group, Inc.), Tax Receivable Agreement (GEN Restaurant Group, Inc.), Tax Receivable Agreement (NUSCALE POWER Corp)

Tax Benefit Schedule. Within 120 days after the filing of the U.S. federal income Tax Return of the Corporation for any Taxable Year ending after the date of this Agreement, the Corporation shall provide to the TRA Representative either (A) a schedule showing, in reasonable detail, the calculation calculation, for such Taxable Year, of (A) the Hypothetical Tax Liability, (B) the Actual Tax Liability, and (C) the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year Detriment, if any ((A)-(C) collectively, a “Tax Benefit Schedule”), or, (B) if there is no Realized Tax Benefit or Realized Tax Detriment for that Taxable Year, notice to that effect.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Excelerate Energy, Inc.), Tax Receivable Agreement (Excelerate Energy, Inc.)

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Tax Benefit Schedule. Within 120 sixty (60) days after the filing of the U.S. United States federal income Tax Return tax return of the Corporation or any Consolidated Group for any Taxable Year ending after the date of this Agreementin which there is a Realized Tax Benefit or Realized Tax Detriment, the Corporation shall provide to the each Exchanging TRA Representative either (A) Member a schedule showing, in reasonable detail, the calculation of the Realized Tax Benefit or Realized Tax Detriment attributable to such Exchanging TRA Member for such Taxable Year (a “Tax Benefit Schedule”), or, (B) if there is no Realized . Each such Tax Benefit or Realized Tax Detriment for that Taxable Year, notice to that effectSchedule will become final as provided in Section 2.5.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Ladder Capital Finance Holdings LLLP), Tax Receivable Agreement (Ladder Capital Corp)

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