Common use of Accounting and Reports to the Owners, the Internal Revenue Service and Others Clause in Contracts

Accounting and Reports to the Owners, the Internal Revenue Service and Others. The Administrator shall (i) maintain or cause to be maintained the books of the Trust on a calendar year basis on the accrual method of accounting, (ii) deliver to each Owner, within 60 days of the end of each fiscal year, or more often, as may be required by the Code and the regulations thereunder, a copy of the annual financial statement of the Trust for such Fiscal Year and a statement in such form and containing such information as may be required by such regulations, and as is necessary and appropriate to enable each Owner to prepare its federal and state income tax returns, (iii) prepare (or cause to be prepared), and shall be solely responsible for the preparation of, all federal, state and local tax and information returns and reports required to be filed by or in respect of the Trust, (iv) sign such returns, or any other information, statements or schedules in the manner required by law, (v) file, on a timely basis, such returns and such of the above information, or any other information, statements or schedules, as may be required under applicable tax laws, and (vi) cause to be mailed to each Owner copies of all such reports and tax returns of the Trust.

Accounting and Reports to the Owners, the Internal Revenue Service and Others. The Administrator shall (ia) maintain or cause to be maintained the books of the Trust on a calendar fiscal year basis on using the accrual method of accounting, (iib) deliver to each Owner, within 60 90 days of the end of each fiscal yearFiscal Year, or more often, as may be required by the Code and the regulations Regulations thereunder, a copy of the annual financial statement of the Trust for such Fiscal Year and a statement in such form and containing such information as may be required by such regulationsRegulations, and as is necessary and appropriate to enable each Owner to prepare its federal and state income tax returns, (iiic) prepare (or cause to be prepared), ) and shall be solely responsible for the preparation of, all federal, state and local file such tax and information returns and reports required relating to be filed by or in respect of the Trust, and make such elections, as may from time to time be required under any applicable state or federal statute or rule or regulation thereunder, (ivd) sign cause such returns, or any other information, statements or schedules tax returns to be signed in the manner required by law, (ve) file, on a timely basis, such returns and such of collect or cause to be collected any withholding tax required by the above information, Code to be withheld by the Trust with respect to Distributions to Owners who are nonresident aliens or any other information, statements or schedules, as may be required under applicable tax lawsforeign corporations, and (vif) cause to be mailed to each Owner copies of all such reports and tax returns of the Trust.

Accounting and Reports to the Owners, the Internal Revenue Service and Others. The Administrator shall (i) maintain or cause to be maintained the books of the Trust on a calendar year basis on the accrual method of accounting, (ii) deliver to each Owner, within 60 days of the end of each fiscal yearFiscal Year, or more often, as may be required by the Code and the regulations thereunder, a copy of the annual financial statement of the Trust for such Fiscal Year and a statement in such form and containing such information as may be required by such regulations, and as is necessary and appropriate to enable each Owner to prepare its federal and state income tax returns, (iii) prepare (or cause to be prepared), and shall be solely responsible for the preparation of, all federal, state and local tax and information returns and reports required to be filed by or in respect of the Trust, (iv) sign such returns, or any other information, statements or schedules in the manner required by law, (v) file, on a timely basis, such returns and such of the above information, or any other information, statements or schedules, as may be required under applicable tax laws, and (vi) cause to be mailed to each Owner copies of all such reports and tax returns of the Trust.