Common use of FEDERAL INCOME TAX LAWS Clause in Contracts

FEDERAL INCOME TAX LAWS. The Company has obtained an opinion of counsel stating that, under existing federal income tax laws and regulations, assuming the Company acts as described in the “U.S. Federal Income Tax Considerations” section of the Prospectus and that its prior, current and anticipated methods of operation (as described in the Prospectus and represented by management).

FEDERAL INCOME TAX LAWS. The Company has obtained an opinion of counsel Xxxxxxxxxxxx Xxxx & Xxxxxxxxx, LLP stating that, under existing federal income tax laws and regulations, assuming the Company acts as described in the “"U.S. Federal Income Tax Considerations” " section of the Prospectus and that its prior, current and anticipated methods of operation (as described in the Prospectus and represented by management).

FEDERAL INCOME TAX LAWS. The Company Corporation has obtained an opinion of counsel Xxxxxx Xxxxxx Zavis stating that, under existing federal income tax laws and regulations, assuming the Company acts as described in the “U.S. "Federal Income Tax Considerations” " section of the Prospectus and timely files the requisite elections, counsel is of the opinion that its prior, current and anticipated methods of operation (as described the Company has been organized in conformity with the Prospectus and represented by management).requirements for qualification