Division Among Holders. All distributions to the Holders with respect to any Fiscal Year pursuant to Section 4.1 hereof shall be made to the Holders in proportion to the Taxable Income, Tax-Exempt Income or Tax Loss allocated to the Holders with respect to such Fiscal Year pursuant to the terms of these procedures.
Appears in 43 contracts
Samples: Master Custodian Agreement (Alabama Tax Free Portfolio), Custodian Agreement (Information Age Portfolio), Master Custodian Agreement (National Municipals Portfolio)
Division Among Holders. All distributions to the Holders with respect to any Fiscal Year pursuant to Section 4.1 hereof shall be made to the Holders (i) in the case of Matched Income or Loss, in proportion to the Taxable Incomecorresponding net allocations of Profit or Loss, Tax-Exempt Income or Tax Loss allocated and (ii) in the case of other items, in proportion to the Holders with respect to such respective daily average Book Capital Account balances for the Fiscal Year pursuant to determined as of the terms date of these proceduressuch distribution.
Appears in 1 contract
Samples: Master Custodian Agreement (Tax Managed Value Portfolio)
