Annual Tax Information. The Managers shall cause the Company to deliver to the Member all information necessary for the preparation of the Member’s federal income tax return.
Annual Tax Information. The Company shall use its best efforts to deliver to the Member within 90 days after the end of each fiscal year all information necessary for the preparation of the Member’s federal and state income tax returns. The Company shall also use its best efforts to prepare, within 90 days after the end of each fiscal year, a financial report of the Company for such fiscal year containing a balance sheet as of the last day of the year then ended, an income statement for the year then ended, a statement of sources and applications of funds, and a statement of reconciliation of the Capital Account of the Member.
Annual Tax Information. The Directors shall cause the Company to deliver to the Sole Member all information necessary for the preparation of the Sole Member’s federal income tax return.
Annual Tax Information. (a) The Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of the Trust's taxable years. The Trust's taxable year shall be the calendar year unless otherwise required by law. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Holders that the Trustee reasonably believes are applicable under the Code. The consent of the Holders shall not be required for such withholding. The Trustee shall in no event cause the Trust, and each Holder of Down-MACRO Tradeable Shares by its purchase thereof shall be deemed to have agreed not to make any election to cause the Trust, to be treated as a corporation for federal income tax purposes. The Administrative Agent and the Depositor, upon request, shall each furnish the Trustee with any information known to it that may be reasonably required in connection with its duties set forth in this Section 7.1.
(b) In no event shall the Trustee be personally liable for any taxes or other governmental charges imposed upon or in respect of the Down-MACRO Tradeable Shares, which it may be required to pay under any present or future law of the United States of America or of any other taxing authority having jurisdiction in the premises. For all such taxes and charges and for any expenses, including counsel's fees, which the Trustee may sustain or incur with respect to such taxes or charges, the Trustee shall be reimbursed and indemnified out of the assets of the Down-MACRO Holding Trust in accordance with the Down-MACRO Holding Trust Agreement. Any payments by the Trustee shall be subject to withholding regulations then in force with respect to the Untied States taxes. This paragraph shall survive notwithstanding any termination of this Trust Agreement and the Down-MACRO Holding Trust or the resignation or removal of the Trustee.
Annual Tax Information. Unless otherwise specified in the related Indenture Supplement, on or before January 31 of each calendar year, beginning with calendar year 2001, the Indenture Trustee or the Paying Agent shall furnish to each Person who at any time during the preceding calendar year was a Noteholder of a Series of Notes a statement prepared by or on behalf of the Issuer containing the information that is necessary or desirable to enable the Noteholders to prepare their tax returns. The obligations of the Issuer to prepare and the Indenture Trustee or the Paying Agent to distribute such information shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Indenture Trustee or the Paying Agent pursuant to any requirements of the Code as from time to time in effect.
Annual Tax Information. During January (and on or before January 31) of each calendar year, Servicer, on behalf of Trustee, shall furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Holder the information for the preceding calendar year, or the applicable portion thereof during which the Person was a Holder, as is required to be provided by an issuer of indebtedness under the Internal Revenue Code to the holders of the issuer's indebtedness and such other customary information as is necessary to enable such Holders to prepare their federal income tax returns. Notwithstanding anything to the contrary contained in this Agreement, Trustee shall, to the extent required by applicable law, from time to time furnish to the appropriate Persons, at least five Business Days prior to the end of the period required by applicable law, the information required to complete a Form 1099-INT.
Annual Tax Information. The Managers shall use their best efforts to cause the Company to deliver to each Member within ninety (90) days after the end of each fiscal year all information necessary for the preparation of such Member's federal income tax return.
Annual Tax Information. The Board shall use its best efforts to cause the Company to deliver to each Member within ninety days after the end of each Fiscal Year all information necessary for the preparation of such Member's federal income tax return. Federal, state and local tax returns of the Company shall be prepared or caused to be prepared and filed in a timely manner by the Board.
Annual Tax Information. The Governors will cause the Partnership to deliver to each Partner all information necessary for the preparation of such Partner's Federal and state income tax returns.
Annual Tax Information. Within ninety (90) days after the end of each fiscal year all information relating to the Company necessary for the preparation of such Member’s federal and state income tax returns.
