Common use of Signature on Returns; Tax Matters Partner Clause in Contracts

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunder.

Appears in 8 contracts

Sources: Trust Agreement (Credit Acceptance Corp), Trust Agreement (Credit Acceptance Corp), Trust Agreement (Credit Acceptance Corp)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller. The Seller as “shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 8 contracts

Sources: Trust Agreement (Wholesale Auto Receivables Corp), Trust Agreement (Wholesale Auto Receivables Corp), Trust Agreement (Ace Securities Corp)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller. The Seller as “shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 5 contracts

Sources: Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as "tax matters partner". (b) The Certificateholders hereby elect the Seller as the "tax matters partner" of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunder.

Appears in 5 contracts

Sources: Trust Agreement (Credit Acceptance Corporation), Trust Agreement (Credit Acceptance Corporation), Trust Agreement (Credit Acceptance Corporation)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.15.6, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder or an Owner to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”General Partner. (b) The Certificateholders hereby elect General Partner shall be the Seller as the “"tax matters partner" of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 4 contracts

Sources: Trust Agreement (TMS Auto Holdings Inc), Trust Agreement (TMS Auto Holdings Inc), Trust Agreement (Money Store Auto Trust 1996-2)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Residual Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”applicable Residual Certificateholder. (b) The Certificateholders hereby elect majority holder of the Seller as Class G Certificates shall be the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 4 contracts

Sources: Trust Agreement (Greenpoint Mortgage Securities LLC), Trust Agreement (GreenPoint Home Equity Loan Trust 2004-4), Trust Agreement (GreenPoint Home Equity Loan Trust 2004-3)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee Administrator shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”. (b) Depositor. The Certificateholders hereby elect the Seller as Depositor shall be the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 3 contracts

Sources: Trust Agreement (Ally Wholesale Enterprises LLC), Trust Agreement (Superior Wholesale Inventory Financing Trust 2007-Ae-1), Trust Agreement (Wholesale Auto Receivables Corp)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”Seller. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunder.

Appears in 3 contracts

Sources: Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Navistar Financial Retail Receivables Corporation), Trust Agreement (Alliance Laundry Holdings LLC)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller. The Seller as “tax matters partner”. (b) The Certificateholders hereby elect the Seller as shall be the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 3 contracts

Sources: Trust Agreement (Wholesale Auto Receivables Corp), Trust Agreement (Superior Wholesale Inventory Financing Trust Ix), Trust Agreement (Superior Wholesale Inventory Financing Trust X)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.15.6, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder or an Owner to sign such documents, in which case such documents shall be signed by the Seller as "tax matters partner." (b) The Certificateholders hereby elect Seller shall be the Seller as the “"tax matters partner" of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 3 contracts

Sources: Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Avco Abs Receivables Corp)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.15.5, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder or an Owner to sign such documents, in which case such documents shall be signed by the Seller as “[Initial Beneficial Holder]. (a) The [Initial Beneficial Holder] shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 2 contracts

Sources: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Gs Mortgage Securities Corp)

Signature on Returns; Tax Matters Partner. (a) ----------------------------------------- Notwithstanding the provisions of Section 5.15.6, the Owner Trustee shall sign on behalf of the Trust the separate any tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” Holder of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderClass R Certificate.

Appears in 2 contracts

Sources: Trust Agreement (Prudential Securities Secured Financing Corp), Trust Agreement (Prudential Securities Secured Financing Corp)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee Administrator shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “Depositor. The Depositor shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 2 contracts

Sources: Trust Agreement (SWIFT Master Auto Receivables Trust), Trust Agreement (Wholesale Auto Receivables LLC)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “holder of the AO Interest. To the extent one may be required, the holder of the AO Interest shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 2 contracts

Sources: Trust Agreement (Cit Rv Trust 1997 A), Trust Agreement (Cit Rv Trust 1998-A)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “holder of the GP Interest. To the extent one may be required, the holder of the GP Interest shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 2 contracts

Sources: Trust Agreement (Cit Group Securitization Corp Ii), Trust Agreement (Cit Group Securitization Corp Ii)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee Administrator shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller. The Seller as “tax matters partner”. (b) The Certificateholders hereby elect the Seller as shall be the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 2 contracts

Sources: Trust Agreement (Superior Wholesale Inventory Financing Trust Xi), Trust Agreement (Superior Wholesale Inventory Financing Trust Xii)

Signature on Returns; Tax Matters Partner. (a) ----------------------------------------- Notwithstanding the provisions of Section 5.15.6, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, furnished to it in execution form by the Servicer, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller so long as it is a Certificateholder, in its capacity as "tax matters partner. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunder."

Appears in 2 contracts

Sources: Trust Agreement (Franklin Receivables LLC), Trust Agreement (Franklin Receivables LLC)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if anyTrust that are prepared and delivered to it for execution by the Administrator, unless applicable law requires a Certificateholder Residual Interestholder to sign such documents, in which case such documents shall be signed by the Seller as “Transferor. The Transferor shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Volkswagen Dealer Finance LLC)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case case, as provided in Section 9.09 such documents shall be signed by the Seller BVAC as "tax matters matter partner." (b) The Certificateholders Certificateholder hereby elect the Seller elects BVAC as the "tax matters partner" of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunder.

Appears in 1 contract

Sources: Trust and Servicing Agreement (Bay View Transaction Corp)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.15.5, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder or an Owner to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”[Initial Beneficial Holder]. (ba) The Certificateholders hereby elect the Seller as [Initial Beneficial Holder] shall be the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Gs Mortgage Securities Corp)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate Trust, any and all tax returns of the Trust, if any, prepared by or on behalf of the Servicer and in execution form unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “holder of the AO Interest. To the extent one may be required, the holder of the AO Interest shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Cit Rv Trust 1999-A)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if anyTrust that are prepared and delivered to it for execution by the Administrator, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller. The Seller as “shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Navistar Financial Corp)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if anyTrust that are prepared and delivered to it for execution by the Administrator, unless applicable law requires a Certificateholder Residual Interestholder to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”. (b) Transferor. The Certificateholders hereby elect the Seller as Transferor shall be the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Volkswagen Credit Auto Master Owner Trust)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunder.

Appears in 1 contract

Sources: Trust Agreement (Credit Acceptance Corporation)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by ____________________. To the Seller as “extent one may be required, ____________________ shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Cit Group Inc)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder or an Owner to sign such documents, in which case such documents shall be signed by the Seller as “General Partner. (a) The General Partner shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Americredit Financial Services Inc)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.15.5 and subject to Section 2.6, the Owner Trustee Administrator shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder the Owner Trustee to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”. (b) The Certificateholders hereby elect Owner Trustee at the Seller as the “tax matters partner” written direction of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderAdministrator.

Appears in 1 contract

Sources: Trust Agreement (Bond Securitization LLC)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”such Certificateholder. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunder.

Appears in 1 contract

Sources: Trust Agreement (Mru Abs Ii LLC)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Subject to Section 5.12.11, the Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if anyTrust that are prepared and delivered to it for execution by the Administrator, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “Transferor. The Transferor shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Wodfi LLC)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate tax returns of the Trust, if any, unless applicable law requires a Certificateholder an Owner to sign such documents, in which case such documents shall be signed by the Seller as “tax matters partner”Depositor. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunder.

Appears in 1 contract

Sources: Trust Agreement (Morgan Stanley Abs Capital Ii Inc)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner ----------------------------------------- Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller. The Seller as “shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 of the Code and the Treasury Regulations promulgated thereunderCode.

Appears in 1 contract

Sources: Trust Agreement (Navistar Financial Retail Receivables Corporation)

Signature on Returns; Tax Matters Partner. (a) Notwithstanding the provisions of Section 5.1, the The Owner Trustee shall sign on behalf of the Trust the separate any and all tax returns of the Trust, if any, unless applicable law requires a Certificateholder to sign such documents, in which case such documents shall be signed by the Seller as “Originator. The Originator shall be the "tax matters partner”. (b) The Certificateholders hereby elect the Seller as the “tax matters partner” " of the Trust pursuant to Section 6231 the Code. It is the express intent of the Code parties hereto and the Treasury Regulations promulgated thereunderCertificateholders that the Trust be treated as a partnership for federal income tax purposes, and none of the parties hereto or the Certificateholders will take any actions inconsistent therewith.

Appears in 1 contract

Sources: Trust Agreement (Tl Lease Funding Corp Iv)