Common use of Agreed Tax Treatment of Payments Clause in Contracts

Agreed Tax Treatment of Payments. Advisor and the Temporary Investment Advisor agree that, for all tax purposes, (i) the Temporary Investment Advisor shall be treated as an independent contractor of Advisor in respect of the services it performs under the terms of this agreement, and (ii) any payment made by Advisor to the Temporary Investment Advisor under this agreement shall be treated by both Advisor and the Temporary Investment Advisor as a payment for services performed by the Temporary Investment Advisor