Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State and local income and franchise tax purposes as indebtedness of the Issuer.
Appears in 44 contracts
Samples: Indenture (GS Auto Loan Trust 2005-1), Tia Indenture (Ford Credit Auto Receivables Two L P), Indenture (USAA Auto Owner Trust 2006-4)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 42 contracts
Samples: Servicing Agreement (Long Beach Securities Corp), Servicing Agreement (National City Mortgage Capital LLC), J P Morgan Acceptance Corp I
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for all purposes including federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes including federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 35 contracts
Samples: Indenture (Daimlerchrysler Auto Trust 2004-B), Indenture (Daimlerchrysler Auto Trust 2004-C), Indenture (Premier Auto Trust 1998-1)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuer.
Appears in 31 contracts
Samples: Indenture (Mmca Auto Owner Trust 2000-2), Trust Agreement (Mmca Auto Owner Trust 2001-4), Indenture (Mmca Auto Owner Trust 2001-4)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 26 contracts
Samples: Indenture (WFS Receivables Corp 4), Indenture (WFS Receivables Corp 2), Indenture (WFS Receivables Corp)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall qualify will be treated as indebtedness for purposes of the Issuer secured by the Indenture Trust Estatesuch taxes. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness for purposes of the Issuersuch taxes.
Appears in 24 contracts
Samples: Indenture (Home Equity Loan Trust 2006-Hsa4), Indenture (Home Equity Loan Trust 2006-Hsa3), Wachovia Asset (Wachovia Asset Securitization Inc 2002 He2 Trust)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estateindebtedness. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 18 contracts
Samples: Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Pacificamerica Money Center Inc), Indenture (Impac Secured Assets CMN Trust Series 1998-1)
Tax Treatment. (a) The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes as indebtedness of the Issuer for federal, State and local income and franchise tax purposes as indebtedness of the Issuerpurposes.
Appears in 16 contracts
Samples: Indenture (CarMax Auto Owner Trust 2016-2), Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 16 contracts
Samples: Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp), Indenture (Onyx Acceptance Financial Corp)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, business and franchise tax purposes as indebtedness of the Issuer.
Appears in 15 contracts
Samples: www.snl.com, www.capitaliq.spglobal.com, National Collegiate Student Loan Trust 2006-2
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstatePledged Assets. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 15 contracts
Samples: Indenture (Uacsc Auto Trusts), Indenture (Uacsc 2001-a Owner Trust), Indenture (Uacsc Auto Trusts Uacsc 2000-B Owner Trust Auto Rec Bac Note)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federalpurposes of federal and state income tax, State and local income and franchise tax purposesand any other tax measured in whole or in part by income, the Notes shall qualify will be characterized as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State and local income and franchise tax such purposes as indebtedness of the Issuerindebtedness.
Appears in 15 contracts
Samples: Indenture (Hyundai Auto Receivables Trust 2010-B), Indenture (Hyundai Abs Funding Corp), Indenture (Hyundai Auto Receivables Trust 2006-A)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 12 contracts
Samples: Indenture (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2), Indenture (Regions Auto Receivables Trust 2003-1), Indenture (National City Auto Receivables Trust 2002-A)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 12 contracts
Samples: Indenture (Premier Auto Trust 1996-4), Tia Indenture (Toyota Motor Credit Receivables Corp), Tia Indenture (Toyota Motor Credit Receivables Corp)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes as indebtedness of the Issuer for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerpurposes.
Appears in 12 contracts
Samples: Indenture (CarMax Auto Owner Trust 2004-1), Indenture (Carmax Auto Owner Trust 2005-3), Indenture (CarMax Auto Owner Trust 2005-2)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federalpurposes of federal and state income tax, State and local income and franchise tax purposesand any other tax measured in whole or in part by income, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an a beneficial interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State and local income and franchise tax such purposes as indebtedness of the Issuerindebtedness.
Appears in 11 contracts
Samples: Indenture (BMW Fs Securities LLC), Indenture (BMW Fs Securities LLC), Indenture (BMW Fs Securities LLC)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes as indebtedness of the Issuer for federal, State and local income and franchise tax purposes as indebtedness of the Issuerpurposes.
Appears in 10 contracts
Samples: Indenture (CarMax Auto Owner Trust 2009-1), Indenture (CarMax Auto Owner Trust 2013-4), Indenture (CarMax Auto Owner Trust 2012-2)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Book Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 10 contracts
Samples: Home Loan Trust 2006-Hi3, Home Loan Trust 2007-Hi1, Home Loan Trust 2006-Hi1
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.. ARTICLE THREE
Appears in 10 contracts
Samples: Indenture (WFS Receivables Corp 2), Indenture (WFS Financial 2004-4 Owner Trust), Indenture (WFS Financial Auto Loans Inc)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 7 contracts
Samples: Toyota Auto Finance Receivables LLC, Indenture (Toyota Motor Credit Corp), Indenture (Toyota Auto Finance Receivables LLC)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuer.
Appears in 7 contracts
Samples: Capital One Auto Receivables LLC, Volkswagen Public Auto Loan Securitization LLC, M&i Dealer Auto Securitization LLC
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Bene ficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 6 contracts
Samples: Indenture (Salomon Brothers Mortgage Securities Vii Inc), Indenture (DLJ Mortgage Acceptance Corp), Indenture (WMC Secured Assets Corp)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for all purposes including federal, State state and local income and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes including federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 6 contracts
Samples: World Omni Auto Receivables LLC, World Omni Auto Receivables Trust 2005-B, World Omni Auto Receivables Trust 2005-A
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federalpurposes of federal and state income tax, State and local income and franchise tax purposesand any other tax measured in whole or in part by income, the Notes shall held by parties unrelated to the holders of the Certificates will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an a beneficial interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State and local income and franchise tax such purposes as indebtedness of the Issuerindebtedness.
Appears in 5 contracts
Samples: Indenture (BMW Vehicle Owner Trust 2016-A), Trust Agreement (BMW Vehicle Owner Trust 2018-A), Indenture (BMW Vehicle Owner Trust 2018-A)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an a beneficial interest in the applicable Booka Note held in book-Entry Noteentry form), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 4 contracts
Samples: Indenture (Nal Financial Group Inc), Nal Financial Group Inc, Nal Financial Group Inc
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 4 contracts
Samples: Indenture (First Merchants Acceptance Corp), Indenture (First Merchants Acceptance Corp), Indenture (First Merchants Acceptance Corp)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall qualify will be treated as indebtedness for purposes of the Issuer secured by the Indenture Trust Estatesuch taxes. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 4 contracts
Samples: GMACM Home Loan Trust 2006-Hltv1, GMACM Home Loan Trust 2004-Hltv1, Residential Asset Mortgage Products Inc
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 4 contracts
Samples: BLG Securities Company, LLC, Indenture (Firstplus Investment Corp), Firstplus Investment Corp
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 4 contracts
Samples: Indenture (Morgan Stanley Abs Capital I Inc MSDWCC Heloc Trust 2003-1), Heloc Asset-Backed Notes Series 2003-2, Morgan Stanley Abs Capital I Inc
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for all purposes, including, federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-1), Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2), Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Dealer Auto Receivables Corp), Eaglemark Inc, Eaglemark Inc
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the indebtedness. The Issuer secured by and the Indenture Trust Estate. The IssuerTrustee, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 3 contracts
Samples: Indenture (Superior Bank FSB Afc Mort Ln Asset Backed Notes Ser 2000 2), Default And (Afc Mortgage Loan Asset Backed Notes Series 2000-1), Indenture (Superior Bank FSB Afc Mortgage Ln Asset Bk Notes Ser 1999-3)
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 3 contracts
Samples: Administration Agreement (Merrill Lynch Mortgage Investors Inc), Master Servicing Agreement (Provident Bank), Master Servicing Agreement (Indymac Abs Inc)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each applicable Note Owner by its acceptance of an interest in the applicable related Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 3 contracts
Samples: Indenture (Homebanc Corp), Indenture (SASCO Mortgage Loan Trust 2004-Gel3), Indenture (HMB Acceptance Corp.)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 2 contracts
Samples: Firstplus Investment Corp, Preferred Securitization Corp
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each NoteholderHolder of a Note, by its acceptance of a such Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry such Note), agree agrees to treat the Notes such Note for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 2 contracts
Samples: Irwin Home Equity Loan Trust 2004-1, Irwin Home Equity Loan Trust 2005-1
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for United States federal, State state and local income income, excise, privilege and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the an applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 2 contracts
Samples: Satisfaction and Discharge of Indenture (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Wells Fargo Financial Auto Owner Trust 2005-A
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, solely for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 2 contracts
Samples: Volkswagen Public Auto Loan Securitization LLC, Vw Credit Leasing LTD
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estateindebtedness. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 2 contracts
Samples: Custodial Agreement (Salomon Br Mor Sec Vii Inc Series 1998-11), Auto Nations Receivables Corp
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuer.. SECTION 2.5
Appears in 2 contracts
Samples: Mmca Auto Receivables Inc, Mmca Auto Receivables Inc
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness indebtedness. Each of the Issuer secured by and the Indenture Trust Estate. The IssuerTrustee, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Samples: Auto Nations Receivables Corp
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State and local income and franchise tax purposes as indebtedness of the Issuer. SECTION 2.5.
Appears in 1 contract
Samples: Ford Motor Credit Co
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholderholder of a Note, by its acceptance of a such Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry such Note), agree agrees to treat the Notes such Note for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Tax Treatment. The Issuer has entered xxxxxxx into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Residential Fund Mort Sec Home Loan-BCKD NTS Ser 2004-Hi1
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholderholder of a Note, by its acceptance of a Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 2001-2
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estateindebtedness. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree agrees to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Samples: Nissan Auto Leasing LLC Ii
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes as indebtedness of the Issuer for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerpurposes.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Asset Backed Securities Corp
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Samples: Amsouth Auto Receivables LLC
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for all purposes including federal, State state and local income and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes including federal, State state and local income and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estateindebtedness. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Book- Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Samples: Mortgage Index (Lehman Abs Corp)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estateindebtedness. The Issuer, by entering into 9 Indenture this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree agrees to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Samples: Nissan Auto Lease Trust 2003-A
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Samples: Administration Agreement (SSB Vehicle Securities Inc)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerunless otherwise required by a taxing authority.
Appears in 1 contract
Samples: Indenture (Bank One Auto Securitization Trust 2003-1)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention thatthat for all purposes, for including federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes, including federal, State state and local income income, single business and franchise tax purposes purposes, as indebtedness of the Issuer.
Appears in 1 contract
Samples: Franchise Finance Corp of America
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateFund. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner Noteholder by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: First NLC Trust 2005-1
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness indebtedness. Each of the Issuer secured by and the Indenture Trust Estate. The IssuerTrustee, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Book- Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Samples: Auto Nations Receivables Corp
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for all purposes including federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes including federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.. Indenture
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateProperty. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Onyx Acceptance Corp
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estateindebtedness. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Book- Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable related Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Fleetwood Credit Receivables Corp
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Book Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Indenture (Sasco Mortgage Loan Trust Series 2003-Gel1)
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Book- Entry Note), agree to treat the Notes as indebtedness of the Issuer for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerpurposes.
Appears in 1 contract
Samples: Pooled Auto Securities Shelf LLC
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuer.. SECTION 2.5
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Indenture (Nal Financial Group Inc)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for United States federal, State state and local income income, excise, privilege and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each NoteholderRegistered Owner, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree agrees to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Indenture (Bluegreen Corp)
Tax Treatment. The Issuer has entered into this Indenture, ------------- and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for all purposes including federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes including federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.. 15
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business Indenture and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estateindebtedness. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree agrees to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry BookEntry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Servicing Agreement (Residential Funding Mortgage Securities Ii Inc)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Bear Stearns Asset Backed Sec Inc Irwin Home Eq Lo Tr 1999-2
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for all purposes including federal, State state and local income income, single business and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes, including federal, State and local income and franchise tax purposes as indebtedness of the Issuer.,
Appears in 1 contract
Samples: Indenture (Deutsche Recreational Asset Funding Corp)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, solely for federal, State state and local income and income, franchise and/or value added tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust EstateCollateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income and income, franchise and/or value added tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Samples: Indenture (Volkswagen Public Auto Loan Securitization LLC)
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall will be issued, issued with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Asset Backed Securities Corp
Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes shall will be issued, with the intention that, for all purposes including federal, State state and local income and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes including federal, State state and local income and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: World Omni Auto Receivables LLC
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for federal, State and local income and franchise tax purposes as indebtedness of the Issuer.to
Appears in 1 contract
Samples: Wells Fargo Auto Receivables Corp
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estateindebtedness. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a its Note (and each Note Beneficial Owner by its acceptance of an interest in the applicable Book-Book Entry Note), agree to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and the Notes shall be issued, with the intention that, for federal, State state and local income and franchise tax purposes, the Notes shall qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to Note Owner treat the Notes as indebtedness of the Issuer for federal, State state and local income and franchise tax purposes as indebtedness of the Issuerpurposes.
Appears in 1 contract
Samples: Carmax Auto Funding LLC
Tax Treatment. The Issuer has entered into this Indenture, and ------------- the Notes shall will be issued, with the intention that, for all purposes including federal, State state and local income and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree to treat the Notes for all purposes including federal, State state and local income and franchise tax purposes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
Tax Treatment. The Issuer has entered into this Indenture, and -------------- the Notes shall will be issued, with the intention that, for federal, State state and local income income, single business and franchise tax purposes, the Notes shall will qualify as indebtedness of the Issuer secured by the Indenture Trust EstateIssuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of a Note (and each Note Owner by its acceptance of an interest in the applicable Book-Entry Note), agree agrees to treat the Notes for federal, State state and local income income, single business and franchise tax purposes as indebtedness of the Issuer.
Appears in 1 contract
Samples: Thornburg Mortgage Asset Corp