Common use of Obligations Several Clause in Contracts

Obligations Several. Nothing contained in this Master AAU or any AAU constitutes you partners with the Manager or with the other Underwriters, and the obligations of you and each of the other Underwriters are several and not joint. Each Underwriter elects to be excluded from the application of Subchapter K, Chapter 1, Subtitle A, of the U.S. Internal Revenue Code of 1986. Each Underwriter authorizes the Manager, on behalf of such Underwriter, to execute such evidence of such election as may be required by the U.S. Internal Revenue Service.

Appears in 103 contracts

Samples: Master Agreement (Invesco High Income 2024 Target Term Fund), Master Agreement (BlackRock 2022 Global Income Opportunity Trust), Master Agreement (Invesco High Income 2023 Target Term Fund)

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Obligations Several. Nothing contained in this Master AAU or any AAU constitutes you partners with the Manager or with the other Underwriters, and the obligations of you and each of the other Underwriters are several and not joint. Each Underwriter elects to be excluded from the application of Subchapter K, Chapter 1, Subtitle A, of the U.S. Internal Revenue Code of 1986Code. Each Underwriter authorizes the Manager, on behalf of such Underwriter, to execute such evidence of such election as may be required by the U.S. Internal Revenue ServiceIRS.

Appears in 71 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Obligations Several. Nothing contained in this Xxxxxxx Xxxxx Xxxxxx Master AAU or any AAU constitutes you partners with the Manager or with the other Underwriters, Underwriters and the obligations of you and each of the other Underwriters are several and not joint. Each Underwriter elects to be excluded from the application of Subchapter K, Chapter 1, Subtitle A, of the U.S. United States Internal Revenue Code of 1986, as amended. Each Underwriter authorizes the Manager, on behalf of such Underwriter, to execute such evidence of such election as may be required by the U.S. United States Internal Revenue Service.

Appears in 33 contracts

Samples: Master Agreement (ING Infrastructure, Industrials & Materials Fund), Master Agreement (Prospect Street High Income Portfolio Inc), Master Agreement (Western Asset Global Corporate Defined Opportunity Fund Inc.)

Obligations Several. Nothing contained in this RBC Master AAU or any AAU constitutes you partners with the Manager or with the other Underwriters, Underwriters and the obligations of you and each of the other Underwriters are several and not joint. Each Underwriter elects to be excluded from the application of Subchapter K, Chapter 1, Subtitle A, of the U.S. United States Internal Revenue Code of 1986, as amended. Each Underwriter authorizes the Manager, on behalf of such Underwriter, to execute such evidence of such election as may be required by the U.S. United States Internal Revenue Service.

Appears in 2 contracts

Samples: RMR Asia Real Estate Fund, Master Agreement (RMR Asia Pacific Real Estate Fund)

Obligations Several. Nothing contained in this Sxxxxxx Xxxxx Bxxxxx Master AAU or any AAU constitutes you partners with the Manager or with the other Underwriters, Underwriters and the obligations of you and each of the other Underwriters are several and not joint. Each Underwriter elects to be excluded from the application of Subchapter K, Chapter 1, Subtitle A, of the U.S. United States Internal Revenue Code of 1986, as amended. Each Underwriter authorizes the Manager, on behalf of such Underwriter, to execute such evidence of such election as may be required by the U.S. United States Internal Revenue Service.

Appears in 2 contracts

Samples: Master Agreement (Madison Strategic Sector Premium Fund), Master Agreement (Blackrock Investment Quality Municipal Trust Inc)

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Obligations Several. Nothing contained in this Master AAU or any AAU constitutes you partners with the Manager or with the other Underwriters, and the obligations of you and each of the other Underwriters are several and not joint. Each Underwriter elects to be excluded from the application of Subchapter K, Chapter 1, 18 Subtitle A, of the U.S. Internal Revenue Code of 1986. Each Underwriter authorizes the Manager, on behalf of such Underwriter, to execute such evidence of such election as may be required by the U.S. Internal Revenue Service.

Appears in 1 contract

Samples: Master Agreement (Gabelli Natural Resources, Gold & Income Trust)

Obligations Several. Nothing contained in this Master AAU or any AAU constitutes you partners with the Manager or with the other Underwriters, and the obligations of you and each of the other Underwriters are several and not joint. Each Underwriter elects to be excluded from the application of Subchapter K, Chapter 1, Subtitle A, of the U.S. Internal Revenue Code of 1986. Each Underwriter authorizes the Manager, on behalf of such Underwriter, to execute such evidence of such election as may be required by the U.S. U.IRS. Internal Revenue Service.

Appears in 1 contract

Samples: Master Agreement

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