Common use of Tax Laws Clause in Contracts

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereof. Each Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a Fund.

Appears in 102 contracts

Samples: Custody Agreement (Starboard Investment Trust), Custody Agreement (Ares Private Markets Fund), Custody Agreement (Excelsior Private Markets Fund III (TI), LLC)

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Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereof. Each The Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a Fund.

Appears in 29 contracts

Samples: Custody Agreement (Primark Private Equity Fund), Custody Agreement (Redwood Real Estate Income Fund), Custody Agreement (Optima Dynamic Alternatives Fund)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a the Fund or on the Custodian as custodian for such the Fund by the tax law of any country or of any state or political subdivision thereof. Each The Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a the Fund.

Appears in 28 contracts

Samples: Custody Agreement (Carlyle AlpInvest Private Markets Fund), Custody Agreement (FS MVP Private Markets Fund), Custody Agreement (Monachil Credit Income Fund)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereof. Each Fund agrees to indemnify the Custodian for and against any such obligations including taxestaxes (but not including any income tax obligations of the Custodian), tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a Fund.

Appears in 11 contracts

Samples: Custody Agreement (CPG Vintage Access Fund VII, LLC), Custody Agreement (CPG Focused Access Fund, LLC), Custody Agreement (CPG Carlyle Fund, LLC)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a the Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereof. Each The Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a the Fund.

Appears in 3 contracts

Samples: Custody Agreement (Apollo Diversified Real Estate Fund), Custody Agreement (NB Crossroads Private Markets Access Fund LLC), Custody Agreement (Predex)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereof. Each Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the relevant Fund or the Custodian as custodian of a the relevant Fund.

Appears in 2 contracts

Samples: Custody Agreement (USQ Core Real Estate Fund), Custody Agreement (Predex)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund or on the Custodian as custodian for such Fund by the tax law Law of any country or of any state or political subdivision thereof. Each Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a Fund.

Appears in 2 contracts

Samples: Custody Agreement (SharesPost 100 Fund), Custody Agreement (SharesPost 100 Fund)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereofthereof (other than taxes on Custodian’s own income). Each Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a Fund.

Appears in 1 contract

Samples: Custody Agreement (Cantor Select Portfolios Trust)

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Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereofthereof (other than taxes on Custodian’s own income). Each The Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a Fund.

Appears in 1 contract

Samples: Custody Agreement (Cantor Fitzgerald Sustainable Infrastructure Fund)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a the Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereof. Each The Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a the Fund.

Appears in 1 contract

Samples: Custody Agreement (Forum CRE Income Fund)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund the Company or on the Custodian as custodian for such Fund the Company by the tax law of any country or of any state or political subdivision thereof. Each Fund The Company agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund Company or the Custodian as custodian of a Fundthe Company.

Appears in 1 contract

Samples: Custody Agreement (CIM Real Assets & Credit Fund)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a Fund or on the Custodian as custodian for such Fund by the tax law of any country or of any state or political subdivision thereof. Each Fund agrees to shall indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including legal expenses) that may be assessed against the Fund or the Custodian as custodian of a Fund.

Appears in 1 contract

Samples: Custody Agreement (BBR ALO Fund, LLC)

Tax Laws. The Custodian shall have no responsibility or liability for any obligations now or hereafter imposed on a the Fund or on the Custodian as custodian for such the Fund by the tax law of any country or of any state or political subdivision thereof. Each The Fund agrees to indemnify the Custodian for and against any such obligations including taxes, tax reclaims, withholding and reporting requirements, claims for exemption or refund, additions for late payment, interest, penalties and other expenses (including reasonable legal expenses) that may be assessed against the Fund or the Custodian as custodian of a the Fund.

Appears in 1 contract

Samples: Custody Agreement (Calamos Aksia Alternative Credit & Income Fund)

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