Fund Units definition
Examples of Fund Units in a sentence
Fund will have enough earnings and profits to distribute all such capital gain (or, if reduced by current-year losses occurring prior to the distribution of the New Fund Units, any net gains as are required to be distributed in order to meet the Distribution Requirement and to eliminate any tax on such gains at the Fund level) in a distribution that qualifies for dividends-paid deduction pursuant to section 562(b)(1)(B) of the Code.
Based upon the amount of Fund Units outstanding on its books and records, the Fund and/or the General Partner shall calculate the total dollar amount of the dividend or distribution and notify the Administrator of this amount.
Federal Income Tax Considerations,” and “Description of the Shares and the Master Fund Units; the Funds; Certain Material Terms of the Trust Declarations,” insofar as such statements constitute a summary of documents or matters of law, are accurate in all material respects and present fairly the information required to be shown.
Federal Income Tax Considerations,” and “Description of the Shares and the Master Fund Units; Certain Material Terms of the Trust Declarations,” insofar as such statements constitute a summary of documents or matters of law, are accurate in all material respects and present fairly the information required to be shown.
Such book capital account balance shall be increased by the amount of all additional Capital Contributions made to the Fund with respect to the Fund Units, and shall be further adjusted as provided in Section 6.02.