Common use of Annual Tax Information Clause in Contracts

Annual Tax Information. (a) The Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of the Trust's taxable years. The Trust's taxable year shall be the calendar year unless otherwise required by law. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Holders that the Trustee reasonably believes are applicable under the Code. The consent of the Holders shall not be required for such withholding. The Trustee shall in no event cause the Trust, and each Holder of Up-MACRO Tradeable Shares by its purchase thereof shall be deemed to have agreed not to make any election to cause the Trust, to be treated as a corporation for federal income tax purposes. The Administrative Agent and the Depositor, upon request, shall each furnish the Trustee with any information known to it that may be reasonably required in connection with its duties set forth in this Section 7.1.

Annual Tax Information. (a) The Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of the Trust's taxable years. The Trust's taxable year shall be the calendar year unless otherwise required by law. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Holders that the Trustee reasonably believes are applicable under the Code. The consent of the Holders shall not be required for such withholding. The Trustee shall in no event cause the Trust, and each Holder of UpDown-MACRO Tradeable Shares by its purchase thereof shall be deemed to have agreed not to make any election to cause the Trust, to be treated as a corporation for federal income tax purposes. The Administrative Agent and the Depositor, upon request, shall each furnish the Trustee with any information known to it that may be reasonably required in connection with its duties set forth in this Section 7.1.

Annual Tax Information. (a) The Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of the Trust's taxable years. The Trust's taxable year shall be the calendar year unless otherwise required by law. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Holders that the Trustee reasonably believes are applicable under the Code. The consent of the Holders shall not be required for such withholding. The Trustee shall in no event cause the Trust, and each Holder of UpDown-MACRO Tradeable Shares by its purchase thereof shall be deemed to have agreed not to make any election to cause the Trust, to be treated as a corporation for federal income tax purposes. The [Administrative Agent and the the] Depositor, upon request, shall each [each] furnish the Trustee with any information known to it that may be reasonably required in connection with its duties set forth in this Section 7.1.

Annual Tax Information. (a) The Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of the Trust's taxable years. The Trust's taxable year shall be the calendar [calendar] year unless otherwise required by law. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Holders that the Trustee reasonably believes are applicable under the Code. The consent of the Holders shall not be required for such withholding. The Trustee shall in no event cause the Trust, and each Holder of Up-MACRO Tradeable Shares by its purchase thereof shall be deemed to have agreed not to make any election to cause the Trust, to be treated as a corporation for federal income tax purposes. The [Administrative Agent and the the] Depositor, upon request, shall each [each] furnish the Trustee with any information known to it that may be reasonably required in connection with its duties set forth in this Section 7.1.