Syndication and Organization Expenses. Syndication and organization expenses as defined in Section 709(a) of the Code (and, to the extent necessary as determined in the absolute discretion of the Trustees, any other items) may be allocated to the Capital Accounts of the Unitholders in the manner determined by the Trustees in their absolute discretion.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Cushing MLP Infrastructure Fund II), Agreement and Declaration of Trust (Cushing MLP Infrastructure Master Fund), Agreement and Declaration (Cushing MLP Infrastructure Fund)
Syndication and Organization Expenses. Syndication and organization expenses as defined in Section 709(a) of the Code (and, to the extent necessary as determined in the sole and absolute discretion of the Trustees, any other items) may be allocated to the Capital Accounts of the Unitholders in the manner determined by the Trustees in their sole and absolute discretion.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (NT Equity Long/Short Strategies Fund)
