Common use of Tax Reclaims Clause in Contracts

Tax Reclaims. (i) Subject to the provisions hereof, Bank shall apply for a reduction of withholding tax and any refund of any tax paid or tax credits which apply in each applicable market in respect of income payments on Securities for the benefit of Customer which Bank believes may be available to such Customer.

Appears in 23 contracts

Samples: Country Sub (Morgan Stanley Dean Witter Eastern Europe Fund Inc), Global Custody Agreement (Smith Barney World Funds Inc), Global Custody Agreement (Salomon Brothers Variable Series Funds Inc)

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Tax Reclaims. (ia) Subject to the provisions hereofof this Section, Bank shall will apply for a reduction of withholding tax and any refund of any tax paid or tax credits which apply in each applicable market in respect of income payments on Financial Assets credited to the Securities for the benefit of Customer which Account that Bank believes may be available to such Customeravailable.

Appears in 4 contracts

Samples: Global Custody Agreement (Friends Ivory & Sime Funds), Global Custody Agreement (Friends Ivory Funds), Global Custody Agreement (Cohen & Steers Institutional Realty Shares Inc)

Tax Reclaims. (i) Subject to the provisions hereof, Bank shall apply for a reduction of withholding tax and any refund of any tax paid or tax credits which apply in each applicable market in respect of income payments on Securities for the benefit of Customer which Bank believes may be available to such Customer: it being understood that tax reclaims services do not extend to capital gains taxes.

Appears in 1 contract

Samples: Global Custody Agreement (Dimensional Emerging Markets Value Fund Inc)

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Tax Reclaims. (i) Subject to the provisions hereof, the Bank shall will apply for a reduction of withholding tax and any refund of any tax paid or tax credits which apply in each applicable market in respect of income payments on Securities for the benefit of the Customer which Bank the bank believes may be available to such CustomerCustomers.

Appears in 1 contract

Samples: Global Custody Agreement (Morgan Stanley Dean Witter International Fund)

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