Common use of Deductions for Distributions Clause in Contracts

Deductions for Distributions. There shall be deducted and withheld from every distribution of every kind under this Agreement any taxes, assessments, or other charges that may be required by law to be deducted or withheld, as well as expenses and charges incurred pursuant to Paragraph 3.07, to the extent that the expenses and charges remain unpaid or unreimbursed.

Appears in 3 contracts

Samples: Exchange Trust Agreement (Autocorp Equities Inc), Voting Trust Agreement (Autocorp Equities Inc), Voting Trust Agreement (Autocorp Equities Inc)

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Deductions for Distributions. There shall be deducted and withheld from every distribution of every kind under this Agreement any taxes, assessments, or other charges that may be required by law to be deducted or withheld, as well as expenses and charges incurred pursuant to Paragraph 3.07Section 4.07, to the extent that the expenses and charges remain unpaid or unreimbursed.

Appears in 2 contracts

Samples: Voting Trust Agreement (Mead Robert E), Voting Trust Agreement (Silverleaf Resorts Inc)

Deductions for Distributions. There shall be deducted and withheld from every distribution of every kind under this Agreement any taxes, assessments, or other charges that may be required by law to be deducted or withheld, as well as expenses and charges incurred pursuant to Paragraph 3.07Section 5(d), to the extent that the expenses and charges remain unpaid or unreimbursed.

Appears in 2 contracts

Samples: Voting Trust Agreement (Advanced Lighting Technologies Inc), Voting Trust Agreement (Advanced Lighting Technologies Inc)

Deductions for Distributions. There shall be deducted and withheld from every distribution of every kind under this Agreement any taxes, assessments, or other charges that may be required by law to be deducted or withheld, as well as expenses and charges incurred pursuant to Paragraph 3.07the powers of the Trustees to be reimbursed for necessary expenses of administering the Trust, to the extent that the expenses and charges remain unpaid or unreimbursed.

Appears in 1 contract

Samples: Shareholders Agreement (Compass Bancshares Inc)

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Deductions for Distributions. There shall be deducted ------------------------------ and withheld from every distribution of every kind under this Agreement any taxes, assessments, or other charges that may be required by law to be deducted or withheld, as well as expenses and charges incurred pursuant to Paragraph 3.07Section 5(e), to the extent that the expenses and charges remain unpaid or unreimbursed.

Appears in 1 contract

Samples: Voting Trust Agreement (Ruud Alan J)

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