Subchapter M definition

Subchapter M means Subchapter M of the Code.
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Examples of Subchapter M in a sentence

  • In connection therewith, you shall use reasonable efforts to manage the Fund so that it will qualify as a regulated investment company under Subchapter M of the Code and regulations issued thereunder.

  • This Agreement shall be construed in accordance with the laws of the Commonwealth of Massachusetts, provided that nothing herein shall be construed in a manner inconsistent with the 1940 Act, or in a manner which would cause the Fund to fail to comply with the requirements of Subchapter M of the Code.

  • This Agreement shall be construed in accordance with the laws of The Commonwealth of Massachusetts, provided that nothing herein shall be construed in a manner inconsistent with the 1940 Act, or in a manner which would cause the Fund to fail to comply with the requirements of Subchapter M of the Code.

  • The Adviser shall perform quarterly and annual tax compliance tests to ensure that the Fund is in compliance with Subchapter M and Section 817(h) of the Code.

  • In connection with such compliance tests, the Adviser shall inform the Subadviser at least ten (10) business days prior to a calendar quarter end if the Subadviser Assets are out of compliance with the diversification requirements under either Subchapter M or Section 817(h).

  • The Fund will comply with the requirements of Subchapter M of the Code to qualify as a regulated investment company under the Code.

  • In selecting each Fund’s portfolio securities and performing the Adviser’s obligations hereunder, the Adviser shall cause each Fund to comply with the diversification and source of income requirements of Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), for qualification as a regulated investment company if the Fund has elected to be treated as a regulated investment company under the Code.

  • We have elected to be treated for U.S. federal income tax purposes, and intend to qualify annually, as a RIC under Subchapter M of the Code.

  • The Adviser shall perform quarterly and annual tax compliance tests to ensure that the Fund is in compliance with Subchapter M of the Code.

  • In connection with such compliance tests, the Adviser shall inform the Subadviser at least ten (10) business days prior to a calendar quarter end if the Subadviser Assets are out of compliance with the diversification requirements under Subchapter M.

Related to Subchapter M

  • Subchapter S Corporation (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of stock of Borrower, or (d) purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Chapter means a Chapter under this Part;

  • Tax Code means the Internal Revenue Code of 1986, as amended.

  • IRS Code means the Internal Revenue Code of 1986, as amended from time to time or any successor statute.

  • chapters and "headings" mean the chapters and the headings (four-digit codes) used in the nomenclature which makes up the Harmonised Commodity Description and Coding System, referred to in this Protocol as "the Harmonised System" or "HS";

  • the Code means the Pension Regulator’s Code of Practice No 14 governance and administration of public service pension schemes.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • U.S. Investment Company Act means the United States Investment Company Act of 1940, as amended;

  • Small Business Act means the Small Business Act (15 U.S. Code Chapter 14A – Aid to Small Business).

  • FDI Act means the Federal Deposit Insurance Act and the regulations promulgated thereunder.

  • Investment Company Act means the Investment Company Act of 1940, as amended.

  • Investment Company Act of 1940 means the Investment Company Act of 1940, as amended, and the rules and regulations thereunder.

  • Internal Revenue Code means the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated and rulings issued thereunder.

  • Business Corporations Act means the Business Corporations Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act;

  • U.S. Internal Revenue Code means the United States Internal Revenue Code of 1986, as amended.

  • the 1988 Act means the Local Government Finance Act 1988.

  • PBCL means the Pennsylvania Business Corporation Law of 1988, as amended.

  • TIF Act means the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865, inclusive, of the Revised Statutes of Missouri, as amended.

  • IRC means the Internal Revenue Code of 1986, as amended.