Common use of Income Tax Characterization Clause in Contracts

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders and the Indenture Trustee will treat the Notes as indebtedness and hereby instructs the Indenture Trustee to treat the Notes as indebtedness for federal and state tax reporting purposes.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, Noteholders and the Certificateholders and the Indenture Trustee will treat the Notes as indebtedness and hereby instructs instruct the Indenture Trustee to treat the Notes as indebtedness for federal and state tax reporting purposes.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders and the Indenture Trustee will treat the Notes as indebtedness and hereby instructs the Indenture Trustee to treat the Notes as indebtedness for federal and state tax reporting purposes.

Income Tax Characterization. For purposes of federal incomeincome tax, state and local income and tax, franchise tax and any other income taxes, the Issuer, the Noteholders, the Certificateholders Issuer and the Indenture Trustee Noteholder will treat the Notes Note as indebtedness and hereby instructs instruct the Indenture Trustee to treat the Notes Note as indebtedness for federal and state all such tax reporting purposes.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders Issuer and the Indenture Trustee hereby agree, and the Noteholders will treat agree by their acceptance of the Notes as indebtedness and hereby instructs the Indenture Trustee or any interest therein, to treat the Notes as indebtedness for federal and state tax reporting purposesindebtedness.

Income Tax Characterization. For purposes of federal incomeincome tax, state and local income and tax, franchise tax and any other income taxes, the Issuer, the Noteholders, the Certificateholders Issuer and the Indenture Trustee Noteholder will treat the Notes Note as indebtedness and hereby instructs the Indenture Trustee to treat the Notes Note as indebtedness for federal and state all such tax reporting purposes.

Income Tax Characterization. For purposes of federal incomeincome tax, state and local income and tax, franchise tax and any other income taxes, the Issuer, the Noteholders, the Certificateholders Issuer and the Indenture Trustee Noteholders will treat the Notes as indebtedness and hereby instructs instruct the Indenture Trustee to treat the Notes as indebtedness for federal and state all such tax reporting purposes.