Final Tax Returns. and Forms 1099 of the Acquired Fund ----------------------------------------------------- (a) After the Closing, the Trust shall or shall cause its agents to prepare any federal, state or local Tax returns, including any Forms 1099, required to be filed by the Trust with respect to the Acquired Fund's final taxable year ending with its complete liquidation and for any prior periods or taxable years and shall further cause such Tax returns and Forms 1099 to be duly filed with the appropriate taxing authorities. (b) Notwithstanding the provisions of Section 1 hereof, any expenses incurred by the Trust or the Acquired Fund (other than for payment of Taxes) in connection with the preparation and filing of said Tax returns and Forms 1099 after the Closing, shall be borne by the Acquired Fund to the extent such expenses have been or should have been accrued by the Acquired Fund in the ordinary course without regard to the Plan of Reorganization contemplated by this Agreement; any excess expenses shall be borne by Delaware Management Company, a series of Delaware Management Business Trust at the time such Tax returns and Forms 1099 are prepared.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Voyageur Mutual Funds Iii /Mn/), Agreement and Plan of Reorganization (Delaware Group Equity Funds Ii), Agreement and Plan of Reorganization (Delaware Group Equity Funds Ii)
