Tax Regulations. Tax information relevant to the AIF is given in Art. 38 of the Trust Agreement. Investors are strongly advised to consult their own professional advisor on the tax con- sequences of these investments. The AIFM, the Depositary and their authorised agents cannot accept responsibility for the individual tax consequences for investors who hold, buy or sell units of the AIF. 11 Costs and fees The investors and/or the AIF shall bear various costs and fees in connection with acquiring and holding units of the AIF and administering the AIF. Further information on those various costs and fees can be found in Section 8 of the Trust Agreement, “Costs and fees”, and Annex B, "AIF summary".
Tax Regulations. Borrower does not intend to treat the Loans, or any related transactions contemplated by this Agreement, as being a “reportable transaction” (within the meaning of Treasury Regulation Section 1.6011-4).
Tax Regulations. “Tax Regulations” shall mean any Tax or custom law, statute, decree, ordinance, rule, order or other text of application of the said law applicable in a given country as well as any international treaty (including the derivative law – directive, regulations or others – of this treaty).
Tax Regulations. To the extent necessary to comply with U.S. federal tax laws and regulations, including Treasury Regulations Section 1.6011-4(b)(3)(iii), the parties hereto (and each employee, representative, or other agent of any party hereto) may disclose to any and all persons, without limitation of any kind, the U.S. federal income tax treatment and tax structure of the transactions contemplated by this Agreement and all materials of any kind (including opinions or other tax analyses) that are provided to any party hereto relating to such tax treatment and tax structure. For purposes of this Section, “tax structure” means any fact that may be relevant to understanding the federal income tax treatment of the transaction. The provisions of this Section shall survive the Closing hereunder.
Tax Regulations. The federal income tax regulations promulgated by the United States Treasury Department under the Code as such Tax Regulations may be amended from time to time. All references herein to a specific section of the Tax Regulations shall be deemed also to refer to any corresponding provision of succeeding Tax Regulations.
Tax Regulations. No Loan Party intends to treat any of the Loans or Letters of Credit, or any related transactions contemplated by this Agreement, as being a “reportable transaction” (within the meaning of Treasury Regulation Section 1.6011-4).”
Tax Regulations. The Financial Institution and the Clients agree on abiding by the provisions of tax regulations in force and applicable in relation to any of the services submitted by the Financial Institution or with respect to any of the transactions executed by the Financial Institution on behalf of the Clients.
Tax Regulations. Fund assets All Liechtenstein AIFs with the legal form of a (contractual) investment fund or collective trusteeship are liable without limitation to pay tax in Liechtenstein and are subject to income tax. The earnings from the assets managed constitute tax-exempt earnings. Issue and sales taxes The creation (issue) of shares in this type of AIF is not subject to the issue and sales tax. The paying transfer of ownership of investor shares is subject to the sales tax if a party or a broker is a Liechtenstein-based securities dealer. The redemption of investor shares is exempt from the sales charge. The contractual investment fund or the collective trusteeship is considered to be an investor exempt from the sales tax. Source or capital gains taxes The AIF in the legal form of contractual investment fund or collective trusteeship is not liable to pay tax at source in the Principality of Liechtenstein, in particular is not liable to pay coupon or capital gains tax. Foreign earnings and capital gains, achieved by the AIF in the legal form of a contractual investment fund or collective trusteeship of the AIF, may be subject to deduction of tax at source by the respective investment country. Application of any double taxation agreements is reserved. Both income and capital gains, whether distributed or reinvested, may be subject, in whole or in part, to a so-called paying agent tax and reporting obligation, depending on the person holding the shares of the AIF directly or indirectly. This is a translation from German The AIF has the following fiscal status in particular: EU savings taxation With regard to the AIF, a Liechtenstein paying agent may be obligated to withhold tax concerning specific interest payments of the AIF – in the event of both distribution and sale or return of the investor shares – paid to private individuals with their tax domicile in a member state of the EU (EU Savings Taxation). A Liechtenstein paying agent may apply the reporting procedure instead of the tax withholding at its freely exercised discretion, and if applicable participate in the automatic exchange of information at its freely exercised discretion.
Tax Regulations. On the date hereof the Companies have, and on the Closing Date they shall have always complied with the tax regulations and are on the date hereof and shall be on the Closing Date up to date with the payment of their direct or indirect taxes; as of today, there are no claims, requests for information or disagreements on the part of the tax authorities, with the exception of those appearing in the exhibits (EXHIBIT 23).
Tax Regulations. All taxes, contributions, duties and other legal charges or contractual charges regarding the running of the Business by the Transferor have been fully paid by said Transferor.
