Common use of Tax Relief Services Clause in Contracts

Tax Relief Services. (a) Subject to the provisions of this Section, Bank will apply for a reduction of withholding tax and any refund of any tax paid or tax credits in respect of income payments on Financial Assets credited to the Securities Account that Bank believes may be available. To defray expenses pertaining to nominal tax claims, Bank may from time-to-time set minimum thresholds as to a de minimus value of tax reclaims or reduction of withholding which it will pursue in respect of income payments under this Section. The Navellier Funds Master Global Custody Agreement — JPMCB New York — General — December 2006

Appears in 2 contracts

Samples: Master Global Custody Agreement (Navellier Performance Funds), Master Global Custody Agreement (Navellier Performance Funds)

AutoNDA by SimpleDocs

Tax Relief Services. (a) Subject to the provisions of this Section, Bank will apply timely and accurately for a reduction of withholding tax and any refund of any tax paid or tax credits in respect of income payments on Financial Assets credited to the Securities Account that Bank believes may be available. To defray expenses pertaining to nominal tax claims, Bank may from time-to-time set minimum thresholds as to a de minimus value of tax reclaims or reduction of withholding which it will pursue in respect of income payments under this Section. The Navellier Funds Master Global Custody Agreement - JPMCB New York - General - December 2006

Appears in 2 contracts

Samples: Master Global Custody Agreement (Curian Variable Series Trust), Master Global Custody Agreement (JNL Series Trust)

AutoNDA by SimpleDocs

Tax Relief Services. (a) Subject to the provisions of this Section, Bank will apply for a reduction of withholding tax and any refund of any tax paid or tax credits in respect of income payments on Financial Assets credited to the Securities Account that Bank believes may be available. To defray expenses pertaining to nominal tax claims, Bank may from time-to-time set minimum thresholds as to a de minimus value of tax reclaims or reduction of withholding which it will pursue in respect of income payments under this Section. The Navellier Funds Master Global Custody Agreement JPMCB New York General December 20062006 Table of Contents

Appears in 1 contract

Samples: Master Global Custody Agreement (Navellier Millennium Funds)

Time is Money Join Law Insider Premium to draft better contracts faster.