Common use of Tax Allocations Clause in Contracts

Tax Allocations. The Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service authorities in the manner required by law. Neither the Securities Intermediary nor the Collateral Agent shall have any tax reporting duties hereunder.

Appears in 33 contracts

Samples: Purchase Contract and Pledge Agreement (E Trade Financial Corp), Purchase Contract and Pledge Agreement (Avery Dennison Corporation), Purchase Contract and Pledge Agreement (PNM Resources Inc)

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Tax Allocations. The Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service and all state and local taxing authorities in under the manner required by lawnames and taxpayer identification numbers of the Holders which are the beneficial owners thereof. Neither the Securities Intermediary nor the Collateral Agent shall have any tax reporting duties hereunder.

Appears in 9 contracts

Samples: Pledge Agreement (Williams Companies Inc), Pledge Agreement (Williams Companies Inc), Pledge Agreement (Hfi Trust I)

Tax Allocations. The Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service authorities in the manner required by law. Neither None of the Securities Intermediary Intermediary, the Collateral Agent nor the Collateral Custodial Agent shall have any tax reporting duties hereunder.

Appears in 3 contracts

Samples: Purchase Contract and Pledge Agreement (Stanley Black & Decker, Inc.), Purchase Contract and Pledge Agreement (Stanley Black & Decker, Inc.), Purchase Contract and Pledge Agreement (Stanley Black & Decker, Inc.)

Tax Allocations. The To the extent required by law, the Purchase Contract Agent shall timely report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, Account to the Internal Revenue Service authorities in the manner required by law. Neither None of the Securities Intermediary nor Intermediary, the Collateral Agent and the Custodial Agent shall have any tax reporting duties hereunder.

Appears in 3 contracts

Samples: Purchase Contract and Pledge Agreement (Ugi Corp /Pa/), Purchase Contract and Pledge Agreement (Nisource Inc.), Purchase Contract and Pledge Agreement (Nisource Inc.)

Tax Allocations. The Stock Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service authorities in the manner required by law. Neither the Securities Intermediary nor the Collateral Agent shall have any tax reporting duties hereunder.

Appears in 3 contracts

Samples: Collateral Agreement (Lehman Brothers Holdings Inc), Collateral Agreement (Lehman Brothers Holdings Inc), Pledge Agreement (Marshall & Ilsley Corp/Wi/)

Tax Allocations. The Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service or applicable state authorities in the manner required by law. Neither the Securities Intermediary nor the Collateral Agent shall have any tax reporting duties hereunder.

Appears in 3 contracts

Samples: Pledge Agreement (Teekay Shipping Corp), Pledge Agreement (Phoenix Companies Inc/De), Pledge Agreement (Scottish Annuity & Life Holdings LTD)

Tax Allocations. The To the extent required by law, the Purchase Contract Agent shall timely report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, Account to the Internal Revenue Service authorities in the manner required by law. Neither None of the Securities Intermediary nor 101 Intermediary, the Collateral Agent and the Custodial Agent shall have any tax reporting duties hereunder.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Aes Corp)

Tax Allocations. The Purchase Contract Agent shall report perform all customary tax reporting with respect to all items of income, gain, expense and loss recognized in the Collateral Account, Account to the extent such reporting is required by law, to the Internal Revenue Service authorities in the manner required by law. Neither None of the Securities Intermediary nor Intermediary, the Custodial Agent or the Collateral Agent shall have any tax reporting duties hereunder.

Appears in 1 contract

Samples: Pledge Agreement (American International Group Inc)

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Tax Allocations. The Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service and all state and local taxing authorities in the manner required by law. Neither the Securities Intermediary nor the Collateral Agent shall have any tax reporting duties hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Cinergy Corp)

Tax Allocations. The Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service authorities in the manner required by law. Neither None of the Securities Intermediary nor Intermediary, the Collateral Agent and the Custodial Agent shall have any tax reporting duties hereunder.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Stanley Black & Decker, Inc.)

Tax Allocations. The Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service authorities in the manner required by law. Neither the Securities Intermediary Intermediary, the Collateral Agent nor the Collateral Custodial Agent shall have any tax reporting duties hereunder.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Stanley Works)

Tax Allocations. The Purchase Contract Agent shall report all items of income, gain, expense and loss recognized in the Collateral Account, to the extent such reporting is required by law, to the Internal Revenue Service and other authorities in the manner required by law. Neither None of the Securities Intermediary nor Intermediary, the Collateral Agent and the Custodial Agent shall have any tax reporting duties hereunder.

Appears in 1 contract

Samples: Series a Purchase Contract and Pledge Agreement (Dominion Energy Inc /Va/)

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