"qualified schoolconstruction bond"pursuant to Section54F ofthe Code. Until allamounts owedtothe Purchaserwith respect tothe Certificates arepaid in full, the School Board shalldeliver tothe Purchaser (a) the School Board'sannual audited financial statementsnot later than 270days aftertheapplicable ...
Grantor TrustThe Trust is intended to be a grantor trust, of which the Sponsor is the grantor, within the meaning of subpart E, part I, subchapter J, chapter 1, subtitle A of the Internal Revenue Code of 1986, as amended, and shall be construed accordingly. ...
(1) or (2) occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company for the whole amount then due and owing (together with interest on any unpaid interest to the extent lawful) and the amounts provided for in ...
Compliance with Applicable Laws and Governing Documents In the performance of its services under this Agreement, the Subadviser shall act in conformity with the Prospectus, SAI and the Trust’s Agreement and Declaration of Trust and By-Laws as currently in effect and, as soon as practical after...
Grantor Trust The Trust is intended to be a grantor trust, of which the Sponsor is the grantor, within the meaning of subpart E, part I, subchapter J, chapter 1, subtitle A of the Internal Revenue Code of 1986, as amended, and shall be construed accordingly. Collateral Agent May Perform...
as if those requirements applied directly to each such Portfolio. 6.2. The Trust and MFS represent that each Portfolio will elect to be qualified as a Regulated Investment Company under Subchapter M of the Code and that they will maintain such qualification (under Subchapter M or any successor ...
DUTIES OF GFSGFS’s duties with respect to Fund Accounting, Fund Administration and Transfer Agency services are detailed in Appendices I, II and III to this Agreement. (a) In order for GFS to perform the Services, the Trust (i) shall cause all service providers to the Funds of the Trust...
(or equivalent agency) of Borrower’s and such Subsidiaries’ jurisdiction of organization or formation and each jurisdiction in which Borrower and each Subsidiary is qualified to conduct business, each as of a date no earlier than thirty (30) days prior to the Effective Date; (d) duly ...
the Partnership or the General Partner (or anyAffiliate ofthe General Partner) to avoid (i)excise taxesimposed by Subchapter A of Chapter 42 of the Code (other than Section 4940, 4942, 4947 or 4948 thereof) (“Excise Taxes”), or (ii) amaterial breachof the fiduciaryduties ofits trustees...
hereunder. (e) In performing its duties underthis Section 2, the Sub-Advisor shall beentitled to relyon qualified experts and professionals (including,without limitation, accountants,legal counseland otherprofessional service providers) hired by the Sub-Advisor at the Company’s solecost and expense...