Common use of Intercompany Claims Clause in Contracts

Intercompany Claims. The Depositor will not enter into any guarantees made by its stockholder with respect to obligations of the Depositor and the Depositor will make no guarantees with respect to obligations of its stockholder. There will be no intercompany debt or claims between the Depositor and its stockholder other than (i) the obligation of the Depositor to pay to its stockholder the Deferred Payment under the Purchase Agreement, (ii) the demand note of its stockholder contributed to the Depositor as part of the Depositor's capitalization, (iii) such intercompany claims as may arise in connection with the management services contract referred to above, including a cash management system for its stockholder and its consolidated subsidiaries as described above, and (iv) such amounts as may temporarily be carried in intercompany accounts relating to expenses incurred by its stockholder or its affiliates, to the extent the Depositor is properly obligated to reimburse its stockholder or any such affiliate for amounts allocable to the Depositor. The demand note referred to above will be properly documented on the books and records of the Depositor.

Intercompany Claims. The Depositor will not enter into any guarantees ------------------- made by its stockholder with respect to obligations of the Depositor and the Depositor will make no guarantees with respect to obligations of its stockholder. There will be no intercompany debt or claims between the Depositor and its stockholder other than (i) the obligation of the Depositor to pay to its stockholder the Deferred Payment under the Purchase Agreement, (ii) the demand note of its stockholder contributed to the Depositor as part of the Depositor's capitalization, (iii) such intercompany claims as may arise in connection with the management services contract referred to above, including a cash management system for its stockholder and its consolidated subsidiaries as described above, and (iv) such amounts as may temporarily be carried in intercompany accounts relating to expenses incurred by its stockholder or its affiliates, to the extent the Depositor is properly obligated to reimburse its stockholder or any such affiliate for amounts allocable to the Depositor. The demand note referred to above will be properly documented on the books and records of the Depositor.

Intercompany Claims. The Depositor will not enter into any guarantees made ------------------- by its stockholder with respect to obligations of the Depositor and the Depositor will make no guarantees with respect to obligations of its stockholder. There will be no intercompany debt or claims between the Depositor and its stockholder other than (i) the obligation of the Depositor to pay to its stockholder the Deferred Payment under the Purchase Agreement, (ii) the demand note of its stockholder contributed to the Depositor as part of the Depositor's capitalization, (iii) such intercompany claims as may arise in connection with the management services contract referred to above, including a cash management system for its stockholder and its consolidated subsidiaries as described above, and (iv) such amounts as may temporarily be carried in intercompany accounts relating to expenses incurred by its stockholder or its affiliates, to the extent the Depositor is properly obligated to reimburse its stockholder or any such affiliate for amounts allocable to the Depositor. The demand note referred to above will be properly documented on the books and records of the Depositor.

Intercompany Claims. The Depositor will not enter into any guarantees made by ------------------- its stockholder with respect to obligations of the Depositor and the Depositor will make no guarantees with respect to obligations of its stockholder. There will be no intercompany debt or claims between the Depositor and its stockholder other than (i) the obligation of the Depositor to pay to its stockholder the Deferred Payment under the Purchase Agreement, (ii) the demand note of its stockholder contributed to the Depositor as part of the Depositor's capitalization, (iii) such intercompany claims as may arise in connection with the management services contract referred to above, including a cash management system for its stockholder and its consolidated subsidiaries as described above, and (iv) such amounts as may temporarily be carried in intercompany accounts relating to expenses incurred by its stockholder or its affiliates, to the extent the Depositor is properly obligated to reimburse its stockholder or any such affiliate for amounts allocable to the Depositor. The demand note referred to above will be properly documented on the books and records of the Depositor.