Common use of Annual Certificateholders' Tax Statement Clause in Contracts

Annual Certificateholders' Tax Statement. On or before January ---------------------------------------- 31 of each calendar year, beginning with calendar year 1999, the Servicer will cause the Paying Agent, on behalf of the Trustee, to furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Class A Certificateholder, a statement prepared by the Servicer containing information relating to the amounts distributed to such Person aggregated for such calendar year or the applicable portion thereof during which such Person was a Class A Certificateholder, together with such other information as is required to be provided by an issuer of debt under the Internal Revenue Code and such other customary information as is necessary to enable the Class A Certificateholders to prepare their tax returns. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Internal Revenue Code as from time to time in effect. In addition, the Servicer shall make available to Certificate Owners of Class A Certificates such information as is required by the Code and the regulations thereunder to be made available to holders of debt instruments having the characteristics of the Class A Certificates. [END OF ARTICLE V]

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (FCC National Bank), Pooling and Servicing Agreement (FCC National Bank)

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Annual Certificateholders' Tax Statement. On or before January ---------------------------------------- 31 of each calendar year, beginning with calendar year 19991997, the Servicer will cause the Paying Agent, on behalf of the Trustee, to furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Class A Certificateholder, a statement prepared by the Servicer containing information relating to the amounts distributed to such Person aggregated for such calendar year or the applicable portion thereof during which such Person was a Class A Certificateholder, together with such other information as is required to be provided by an issuer of debt under the Internal Revenue Code and such other customary information as is necessary to enable the Class A Certificateholders to prepare their tax returns. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Internal Revenue Code as from time to time in effect. In addition, the Servicer shall make available to Certificate Owners of Class A Certificates such information as is required by the Code and the regulations thereunder to be made available to holders of debt instruments having the characteristics of the Class A Certificates. [END OF ARTICLE V]

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (FCC National Bank), Pooling and Servicing Agreement (FCC National Bank)

Annual Certificateholders' Tax Statement. On or before ---------------------------------------- January ---------------------------------------- 31 of each calendar year, beginning with calendar year 19991998, the Servicer will cause the Paying Agent, on behalf of the Trustee, to furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Class A Certificateholder, a statement prepared by the Servicer containing information relating to the amounts distributed to such Person aggregated for such calendar year or the applicable portion thereof during which such Person was a Class A Certificateholder, together with such other information as is required to be provided by an issuer of debt under the Internal Revenue Code and such other customary information as is necessary to enable the Class A Certificateholders to prepare their tax returns. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Internal Revenue Code as from time to time in effect. In addition, the Servicer shall make available to Certificate Owners of Class A Certificates such information as is required by the Code and the regulations thereunder to be made available to holders of debt instruments having the characteristics of the Class A Certificates. [END OF ARTICLE V]

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (FCC National Bank), Pooling and Servicing Agreement (FCC National Bank)

Annual Certificateholders' Tax Statement. On or before January ---------------------------------------- ----------------------------------------- 31 of each calendar year, beginning with calendar year 19991997, the Servicer will cause the Paying Agent, on behalf of the Trustee, to furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Class A Certificateholder, a statement prepared by the Servicer containing information relating to the amounts distributed to such Person aggregated for such calendar year or the applicable portion thereof during which such Person was a Class A Certificateholder, together with such other information as is required to be provided by an issuer of debt under the Internal Revenue Code and such other customary information as is necessary to enable the Class A Certificateholders to prepare their tax returns. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Internal Revenue Code as from time to time in effect. In addition, the Servicer shall make available to Certificate Owners of Class A Certificates such information as is required by the Code and the regulations thereunder to be made available to holders of debt instruments having the characteristics of the Class A Certificates. [END OF ARTICLE V]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (FCC National Bank)

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Annual Certificateholders' Tax Statement. On or before January 31 ---------------------------------------- 31 of each calendar year, beginning with calendar year 19992000, the Servicer will cause the Paying Agent, on behalf of the Trustee, to furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Class A Certificateholder, a statement prepared by the Servicer containing information relating to the amounts distributed to such Person aggregated for such calendar year or the applicable portion thereof during which such Person was a Class A Certificateholder, together with such other information as is required to be provided by an issuer of debt under the Internal Revenue Code and such other customary information as is necessary to enable the Class A Certificateholders to prepare their tax returns. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Internal Revenue Code as from time to time in effect. In addition, the Servicer shall make available to Certificate Owners of Class A Certificates such information as is required by the Code and the regulations thereunder to be made available to holders of debt instruments having the characteristics of the Class A Certificates. [END OF ARTICLE V]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Chicago Master Trust Ii)

Annual Certificateholders' Tax Statement. On or before January ---------------------------------------- 31 of each calendar year, beginning with calendar year 19992000, the Servicer will cause the Paying Agent, on behalf of the Trustee, to furnish or cause to be furnished to each Person who at any time during the preceding calendar year was a Class A Certificateholder, a statement prepared by the Servicer containing information relating to the amounts distributed to such Person aggregated for such calendar year or the applicable portion thereof during which such Person was a Class A Certificateholder, together with such other information as is required to be provided by an issuer of debt under the Internal Revenue Code and such other customary information as is necessary to enable the Class A Certificateholders to prepare their tax returns. Such obligation of the Servicer shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Internal Revenue Code as from time to time in effect. In addition, the Servicer shall make available to Certificate Owners of Class A Certificates such information as is required by the Code and the regulations thereunder to be made available to holders of debt instruments having the characteristics of the Class A Certificates. [END OF ARTICLE V]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Chicago Master Trust Ii)

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