Common use of Tax Status of Trust Clause in Contracts

Tax Status of Trust. It is intended that the Company, as grantor hereunder, be treated as the owner of the entire Trust and the trust assets under Section 671, et seq. of the Code. Until advised otherwise, the Trustee may presume that the Trust is so characterized for federal income tax purposes and shall make all filings of tax returns on that presumption.

Tax Status of Trust. It is intended that the Company, as grantor hereunder, be treated as the owner of the entire Trust trust and the trust assets under Section 671, et seq. of the Code. Until advised otherwise, the Trustee may presume that the Trust is so characterized for federal income tax purposes and shall make all ail filings of tax returns on that presumption.

Tax Status of Trust. It The Trust is intended that to be a grantor trust, of which the CompanyCompany is the grantor, as grantor hereunderwithin the meaning of subpart E, be treated as the owner of the entire Trust and the trust assets under Section 671part 1, et seq. subchapter J, chapter 1, subtitle A of the Code, and this Trust Agreement shall be construed accordingly. Until advised otherwise, the Trustee and the Company may presume that the Trust is so characterized for federal Federal income tax purposes and the Trustee shall make all filings of tax returns on that presumption.

Tax Status of Trust. It The Trust is intended that to be a grantor trust, of ------------------- which the CompanyCompany is the grantor, as grantor hereunderwithin the meaning of subpart E, be treated as the owner of the entire Trust and the trust assets under Section 671part 1, et seq. subchapter J, chapter 1, subtitle A of the Code, and this Trust Agreement shall be construed accordingly. Until advised otherwise, the Trustee and the Company may presume that the Trust is so characterized for federal Federal income tax purposes and the Trustee shall make all filings of tax returns on that presumption.

Tax Status of Trust. It The trust is intended that to be a grantor trust, of which the CompanyCompany is the grantor, as grantor hereunderwithin the meaning of subpart E, be treated as the owner of the entire Trust and the trust assets under Section 671part 1, et seq. subchapter J, chapter 1, subtitle A of the Code, and shall be construed accordingly. Until advised otherwise, the Trustee and the Company may presume that the Trust is so characterized for federal Federal income tax purposes and the Trustee shall make all filings of tax returns on that presumption.