Common use of STATEMENT OF EARNINGS AND PROFITS Clause in Contracts

STATEMENT OF EARNINGS AND PROFITS. As promptly as practicable, but in any case within (sixty) 60 days after the Closing Date, the Predecessor Trust shall furnish the Successor Fund, in such form as is reasonably satisfactory to the Successor Fund and which will be certified by the Predecessor Trust’s Treasurer, a statement of the earnings and profits of the Predecessor Fund for federal income tax purposes, as well as any net operating loss carryovers and capital loss carryovers, that will be carried over to the Successor Fund as a result of Section 381 of the Code.

STATEMENT OF EARNINGS AND PROFITS. As promptly as practicable, but in any case within (sixty) 60 days after the Closing Date, the Predecessor Trust shall furnish the Successor Fund, in such form as is reasonably satisfactory to the Successor Fund and which will be certified by the Predecessor Trust’s 's Treasurer, a statement of the earnings and profits of the Predecessor Fund for federal income tax purposes, as well as any net operating loss carryovers and capital loss carryovers, that will be carried over to the Successor Fund as a result of Section 381 of the Code.

STATEMENT OF EARNINGS AND PROFITS. As promptly as practicable, but in any case within (sixty) 60 days after the Closing Date, the Predecessor Trust Trust, on behalf of the Predecessor Fund, shall furnish the Successor Fund, in such form as is reasonably satisfactory to the Successor Fund and which will shall be certified by the Predecessor Trust’s TreasurerTreasurer or President, a statement of the earnings and profits of the Predecessor Fund for federal income tax purposes, as well as any net operating loss carryovers and capital loss carryovers, that will be carried over to the Successor Fund as a result of pursuant to Section 381 of the Code.