Common use of Compliance by Beneficial Owners Clause in Contracts

Compliance by Beneficial Owners. To the extent any Beneficial Owner is treated as the direct owner of an Investing Pool Interest for U.S. federal income tax purposes, such Beneficial Owner shall comply with the provisions of this Article VI as if it were a Member. In addition, by acquiring a beneficial ownership interest in an Investing Pool Interest, a Beneficial Owner shall be deemed to consent as a condition of receiving such beneficial ownership interest to comply with the provisions of Section 6.1(b), Section 6.5 and Section 6.6 of this Agreement.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC), Limited Liability Company Agreement (iShares GS Commodity Energy Indexed Investing Pool LLC), Limited Liability Company Agreement (iShares GS Commodity Natural Gas Indexed Investing Pool LLC)

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Compliance by Beneficial Owners. To the extent any Beneficial Owner is treated as the direct owner of an Investing Pool Interest for U.S. federal income tax purposes, such Beneficial Owner shall comply with the provisions of this Article VI as if it were a Member. In addition, by acquiring a beneficial ownership interest in an Investing Pool Interest, a Beneficial Owner shall be deemed to consent as a condition of receiving such beneficial ownership interest to comply with the provisions of Section 6.1(b), Section 6.5 and Section 6.6 of this Agreement.. Table of Contents ARTICLE VII

Appears in 3 contracts

Samples: Limited Liability Company Agreement (iShares GS Commodity Industrial Metals Indexed Trust), Limited Liability Company Agreement (iShares GS Commodity Energy Indexed Trust), Limited Liability Company Agreement (iShares GS Commodity Non Energy Indexed Trust)

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Compliance by Beneficial Owners. To the extent any Beneficial Owner is treated as the direct owner of an Investing Pool Interest for U.S. federal income tax purposes, such Beneficial Owner shall comply with the provisions of this Article VI as if it were a Member. In addition, by acquiring a beneficial ownership interest in an Investing Pool Interest, a Beneficial Owner shall be deemed to consent as a condition of receiving such beneficial ownership interest to comply with the provisions of Section 6.1(b), Section 6.5 and Section 6.6 of this Agreement6.5.

Appears in 1 contract

Samples: Limited Liability Company Agreement (iShares GSCI Commodity-Indexed Investing Pool LLC)

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