Federal Income Tax Allocations. Net income of the Trust for any period, as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interests.
Appears in 24 contracts
Samples: Trust Agreement (Goal Capital Funding, LLC), Trust Agreement (Nelnet Student Loan Trust 2009-2), Trust Agreement (Gmac Elf LLC)
Federal Income Tax Allocations. Net income of the Trust for any period, 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), ) shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interests.allocated:
Appears in 14 contracts
Samples: Trust Agreement (Structured Asset Mortgage Investments Inc), Trust Agreement (Barnett Auto Receivables Corp), Trust Agreement (TMS Auto Holdings Inc)
Federal Income Tax Allocations. Net income of the Trust for any period, Interest Period as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a Certificateholders, pro rata basis in accordance with based upon their respective Percentage Interests.
Appears in 12 contracts
Samples: Trust Agreement (Consolidation Loan Funding Ii, LLC), Trust Agreement (College Loan Corp Trust I), Trust Agreement (Collegiate Funding Services Education Loan Trust 2003-A)
Federal Income Tax Allocations. Net income of the Trust for any period, month as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interests.allocated:
Appears in 11 contracts
Samples: Trust Agreement (Toyota Motor Credit Corp), Trust Agreement (Toyota Motor Credit Corp), Trust Agreement (Olympic Receivables Finance Corp)
Federal Income Tax Allocations. Net income of the Trust for any period, Interest Period as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a Certificateholders, pro rata basis in accordance with based upon their respective Percentage Interests.
Appears in 7 contracts
Samples: Trust Agreement (College Loan Corp Trust II), Trust Agreement (Collegiate Funding of Delaware LLC), Trust Agreement (College Loan LLC)
Federal Income Tax Allocations. Net income of the Trust for any period, 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), ) shall be allocated to the Certificateholders on a pro rata basis in accordance with based upon their respective Percentage InterestsOwnership Percentage.
Appears in 4 contracts
Samples: Trust Agreement (Money Store Home Equity Corp), Money Store Home Equity Corp, Money Store Home Equity Corp
Federal Income Tax Allocations. Net income of the Trust with respect to any Loan Group for any period, Collection Period as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interests.allocated:
Appears in 4 contracts
Samples: Trust Agreement (Key Bank Usa National Association), Trust Agreement (Key Bank Usa National Association), Trust Agreement (Mellon Bank N A)
Federal Income Tax Allocations. Net income of for the Trust for any periodmonth, as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), shall be allocated to the Certificateholders on a Certificateholders, pro rata basis in accordance with their respective Percentage Interestsrata.
Appears in 2 contracts
Samples: Trust Agreement (Pacificamerica Money Center Inc), Trust Agreement (Merrill Lynch Mortgage Investors Inc)
Federal Income Tax Allocations. Net income of the Trust for any period, as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interestspercentages of the ownership interests in the Trust.
Appears in 1 contract
