Common use of Tax Matters in General Clause in Contracts

Tax Matters in General. (a) The Trust intends be taxed as a “partnership” for U.S. federal and, where applicable, state, local and foreign income tax purposes and the Trust shall take any actions necessary, including, without limitation, making or changing any tax election, so that the Trust will be taxed as a “partnership” for U.S. federal and, where applicable, state, local and foreign income tax purposes

Appears in 7 contracts

Samples: Agreement and Declaration of Trust (Aspiriant Risk-Managed Capital Appreciation Fund), Agreement and Declaration of Trust (Paramount Access Fund), Agreement and Declaration of Trust (Paramount Institutional Access Fund)

AutoNDA by SimpleDocs

Tax Matters in General. (a) The Trust intends be taxed as a “partnership” for U.S. federal and, where applicable, state, local and foreign income tax purposes and the Trust shall take any actions necessary, including, without limitation, making or changing any tax election, so that the Trust will be taxed as a “partnership” for U.S. federal and, where applicable, state, local and foreign income tax purposes.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Paramount Institutional Access Fund)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.