Common use of ISSUE OF UNITS OUTSIDE PAKISTAN Clause in Contracts

ISSUE OF UNITS OUTSIDE PAKISTAN. 21.1 Subject to foreign exchange control and other applicable laws, rules and regulations, in the event of arrangements being made by the Management Company for the issuance of Units for delivery in any country outside Pakistan the price at which such Units may be issued at the discretion of the Management Company include in addition to the Offer Price as herein before provided a further amount sufficient to cover all additional cost relating to issue of Units outside Pakistan including but not limited to any currency exchange fluctuation or any risk cover, any additional stamp duty or taxation whether national, municipal or otherwise leviable in that country in respect of such issue or of the delivery or issue of Certificates in connection therewith or the remittance of money to Pakistan. 21.2 In the event that the Redemption Price for Units shall be paid in any country outside Pakistan, the price at which such Units may be redeemed may, at the discretion of the Management Company include as a deduction to the Redemption Price as herein before provided all additional costs for redeeming Units outside Pakistan, including but not limited to a further amount sufficient to cover any currency exchange fluctuation and any additional stamp duty or taxation whether national, municipal or otherwise leviable in that country in respect of such payment or redemption. 21.3 The currency transaction of the Atlas Income Fund is the Pakistani Rupee and the Management Company, Trustee or any Distributor are not obliged to transact the issuance or redemption of the Units in any other currency and shall not be held liable, save as may be specifically undertaken by the Management Company, for receipt or payment in any other currency or for any obligation arising therefrom.

ISSUE OF UNITS OUTSIDE PAKISTAN. 21.1 30.1 Subject to foreign exchange control and other applicable laws, rules and regulations, in the event of arrangements being made by the Management Company for the issuance of Units to person(s) not resident in Pakistan or for delivery in any country outside Pakistan the price at which such Units may be issued may at the discretion of the Management Company include in addition to the Offer Price as herein before provided provided, a further amount sufficient to cover all additional cost relating to issue of Units outside Pakistan including but not limited to any currency exchange fluctuation or any risk coverfluctuation, transaction costs, bank charges, any additional stamp duty or taxation whether national, municipal or otherwise leviable in that country in respect of such issue or of the delivery or issue of Certificates in connection therewith or the remittance of money to Pakistan. 21.2 30.2 In the event that the Redemption Price for Units shall be is paid in any country outside Pakistan, the price at which such Units may be redeemed may, at the discretion of the Management Company Company, include as a deduction to the Redemption Price as herein before hereinbefore provided all additional costs for redeeming Units outside Pakistan, including but not limited to a further future amount sufficient to cover any currency exchange fluctuation fluctuation, bank charges, additional transaction costs and any additional stamp duty or taxation whether national, municipal or otherwise leviable in that country in respect of such payment or redemption. 21.3 30.3 The currency of transaction of the Atlas Income Fund Trust is the Pakistani Rupee and the Management Company, Trustee or any Distributor are not obliged to transact the issuance Purchase or redemption Redemption of the Units in any other currency and shall not be held liable, save as may be specifically undertaken by the Management Company, for receipt or payment in any other currency or for any obligation obligations arising therefromthere from. 30.4 Neither the Trustee, nor the Management Company shall be responsible for arranging remittances of funds from the offshore countries to Pakistan and from Pakistan to offshore countries or for payment of any bank charges and other levies, if any in relation to issue and redemption of Units outside Pakistan.

ISSUE OF UNITS OUTSIDE PAKISTAN. 21.1 31.1 Subject to foreign exchange control and other applicable laws, rules and regulations, in the event of arrangements being made by the Management Company for the issuance of Units to person(s) not resident in Pakistan or for delivery in any country outside Pakistan the price at which such Units may be issued may at the discretion of the Management Company include in addition to the Offer Price as herein before provided provided, a further amount sufficient to cover all additional cost relating to issue of Units outside Pakistan including but not limited to any currency exchange fluctuation or any risk coverfluctuation, transaction costs, bank charges, any additional stamp duty or taxation whether national, municipal or otherwise leviable in that country in respect of such issue or of the delivery or issue of Certificates in connection therewith or the remittance of money to Pakistan. 21.2 31.2 In the event that the Redemption Price for Units shall be is paid in any country outside Pakistan, the price at which such Units may be redeemed may, at the discretion of the Management Company Company, include as a deduction to the Redemption Price as herein before hereinbefore provided all additional costs for redeeming Units outside Pakistan, including but not limited to a further future amount sufficient to cover any currency exchange fluctuation fluctuation, bank charges, additional transaction costs and any additional stamp duty or taxation whether national, municipal or otherwise leviable in that country in respect of such payment or redemption. 21.3 31.3 The currency of transaction of the Atlas Income Fund Trust is the Pakistani Rupee and the Management Company, Trustee or any Distributor are not obliged to transact the issuance Purchase or redemption Redemption of the Units in any other currency and shall not be held liable, save as may be specifically undertaken by the Management Company, for receipt or payment in any other currency or for any obligation obligations arising therefromthere from. 31.4 Neither the Trustee, nor the Management Company shall be responsible for arranging remittances of funds from the offshore countries to Pakistan and from Pakistan to offshore countries or for payment of any bank charges and other levies, if any in relation to issue and redemption of Units outside Pakistan.