Other Adjustments to Book and Tax Capital Accounts. (a) Any election or other decision relating to such allocations shall be made by the Trustees in any manner that reasonably reflects the purpose and intention of these procedures. (b) Each Holder will report its share of Trust income and loss for federal income tax purposes in accordance with the allocations effected pursuant to Section 5.2 hereof.
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Samples: Master Custodian Agreement (Maryland Tax Free Portfolio), Master Custodian Agreement (North Carolina Tax Free Portfolio), Custodian Agreement (Senior Debt Portfolio)
Other Adjustments to Book and Tax Capital Accounts. (a) Any election or other decision relating to such allocations shall be made by the Trustees in any manner that reasonably reflects the purpose and intention of these procedures.
(b) Each Holder will report its share of Trust income and loss for federal income tax purposes in accordance with the allocations effected pursuant to Section 5.2 hereof.
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