Common use of Power to Modify the Foregoing Procedures Clause in Contracts

Power to Modify the Foregoing Procedures. Notwithstanding any other provision of this Article, the Trustees may prescribe, in their absolute discretion, such other bases and times for determining, for financial reporting and/or tax accounting purposes, (a) Net Profit, Net Loss, taxable income, tax loss, and/or net assets of any Series (or, where appropriate in the Trustee’s judgment, the Trust as a whole), and/or (b) the allocations of the Net Profit or Net Loss and taxable income or tax loss so determined among, or the payment of distributions to, the Interestholders of any Series as they deem necessary or desirable to enable the Trust or any Series to comply with any provision of the 1940 Act, the Code, or any rule or regulation thereunder, or any order of exemption issued by the Commission, all as in effect now or hereafter amended or modified.

Power to Modify the Foregoing Procedures. Notwithstanding any other provision of this Article, the Trustees may prescribe, in their absolute discretion, such other bases and times for determining, for financial reporting and/or tax accounting purposes, (a) the Net ProfitProfits, Net LossLosses, taxable income, tax loss, and/or net assets of any Series (or, where appropriate in the Trustee’s 's judgment, the Trust as a whole), and/or (b) the allocations of the Net Profit Profits or Net Loss Losses and taxable income or tax loss so determined among, or the payment of distributions to, the Interestholders of any Series as they deem necessary or desirable to enable the Trust or any Series to comply with any provision of the 1940 Act, the Code, or any rule or regulation thereunder, or any order of exemption issued by the Commission, all as in effect now or hereafter amended or modified.

Power to Modify the Foregoing Procedures. Notwithstanding any other provision of this Article, the Trustees may prescribe, in their absolute discretion, such other bases and times for determining, for financial reporting and/or tax accounting purposes, (a) the Net ProfitProfits, Net LossLosses, taxable income, tax loss, and/or net assets of any Series (or, where appropriate in the Trustee’s judgment, the Trust Company as a whole), and/or (b) the allocations of the Net Profit Profits or Net Loss Losses and taxable income or tax loss so determined among, or the payment of distributions to, the Interestholders Holders of any Series as they deem necessary or desirable to enable the Trust Company or any Series to comply with any provision of the 1940 Act, the Code, or any rule or regulation thereunder, or any order of exemption issued by the Commission, all as in effect now or hereafter amended or modified.

Power to Modify the Foregoing Procedures. Notwithstanding any other provision of this Article, the Trustees may prescribe, in their absolute discretion, such other bases and times for determining, for financial reporting and/or tax accounting purposes, (a) the Net ProfitProfits, Net LossLosses, taxable income, tax loss, and/or net assets of any Series (or, where appropriate in the Trustee’s 's judgment, the Trust Company as a whole), and/or (b) the allocations of the Net Profit Profits or Net Loss Losses and taxable income or tax loss so determined among, or the payment of distributions to, the Interestholders Holders of any Series as they deem necessary or desirable to enable the Trust Company or any Series to comply with any provision of the 1940 Act, the Code, or any rule or regulation thereunder, or any order of exemption issued by the Commission, all as in effect now or hereafter amended or modified.