Common use of Federal Income Tax Allocations Clause in Contracts

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:

Federal Income Tax Allocations. (a) Net income of the Trust for any month month, as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:allocated among the Owners in proportion to the Percentage Interest of the Residual Interest of each Owner.

Federal Income Tax Allocations. Net income of the Trust for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:allocated to the Certificateholders, pro rata.

Federal Income Tax Allocations. Net In the event that the Trust is treated as a partnership for Federal income tax purposes, net income of the Trust for any month as determined for federal Federal income tax purposes (and each item of income, gain, loss loss, credit and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:allocated to the holders of the Certificates.

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:allocated to the Certificateholder, as of the Record Date for such month, in an amount equal to the amount distributable for such month to such Certificateholder.

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss loss, credit and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:taken into account by the Depositor as the Holder of the Equity Certificate.

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:allocated to the Certificateholder, as of the Record Date for such month, in an amount equal to the amount distributable for such month to such Certificateholder.

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss loss, credit and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocatedallocated to the extent of available net income, among the Certificateholders as of the first Record Date following the end of such month, in proportion to their ownership of principal amount of Trust Certificates on such date, an amount of net income up to the sum of:

Federal Income Tax Allocations. (a) Net income of the Trust for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss loss, deduction and deduction credit, if any, entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated: to the Subordinated Certificateholders in accordance with their Percentage Interests; provided, however, if the Noteholders are deemed to be partners, together with the Subordinated Certificateholders, for federal income tax purposes:

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by one more than one Person shall be allocated:

Federal Income Tax Allocations. Net income of the Trust ------------------------------ for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:

Federal Income Tax Allocations. (a) Net income of the Trust for any month month, as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:allocated among the Holders in proportion to the Percentage Interest of each such Holder.

Federal Income Tax Allocations. Net income of the Trust for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:allocated to the holders of the Residual Interest Instruments, on a pro rata basis.

Federal Income Tax Allocations. Net income of the Trust for any month month, as determined for federal tor Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:allocated to the holders of the Residual Certificates, on a pro rata basis.

Federal Income Tax Allocations. Net income of the Trust for ------------------------------ any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal tor Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:allocated to the holders of the Residual Instruments, on a pro rata basis.

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:: (Nissan 2009-1 Amended & Restated Trust Agreement)

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss loss, credit and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:allocated to the Certificateholder (or, if the Certificateholder is a disregarded entity for federal income tax purposes, to the owner of the Certificateholder), as of the Record Date for such month, in an amount equal to the amount distributable for such month to such Certificateholder.

Federal Income Tax Allocations. Net income of the Trust ------------------------------ for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:allocated among the Certificateholders as of the

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:: (Nissan 2008-B Second Amended & Restated Trust Agreement)

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss and 8 (Amended & Restated Trust Agreement) deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated:

Federal Income Tax Allocations. Net income of the Trust for any month month, as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person ), shall be allocated:allocated by the Servicer to the Certificateholders, pro rata.

Federal Income Tax Allocations. Net income of the Trust for any month as determined for federal income tax purposes (and each item of income, gain, loss loss, deduction and deduction credit, if any, entering into the computation thereof) during which the beneficial ownership interests in the Trust are held by more than one Person shall be allocated: