Common use of Tax Treatment Clause in Contracts

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, and local income, single business, and franchise tax purposes, the Notes will qualify as indebtedness secured by the Collateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition of a Note (and each Note Owner by its acquisition of an interest in a book-entry Note), agree to treat the Notes for all purposes including federal, State, and local income, single business, and franchise tax purposes as indebtedness.

Appears in 47 contracts

Samples: Indenture (Cwabs Inc Revolving Hm Equ Ln Asst Back NTS Ser 2003-B), Custodial Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-J), Custodial Agreement (Cwabs Master Trust Series 2004-B)

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Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the CollateralOwner Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 35 contracts

Samples: Administration Agreement (Honda Auto Receivables 2004-3 Owner Trust), Honda Auto Receivables 2007-1 Owner Trust, Honda Auto Receivables 2008-1 Owner Trust

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, issued with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness secured by the Collateralindebtedness. The IssuerIssuer and the Indenture Trustee (in accordance with Section 6.06 hereof), by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a its Note (and each Note Beneficial Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtedness.

Appears in 31 contracts

Samples: Indenture (New Century Home Equity Loan Trust 2005-2), Indenture (New Century Home Equity Loan Trust 2005-4), Indenture (New Century Home Equity Loan Trust 2005-3)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, issued with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes (other than the Retained Notes) will qualify as indebtedness of the Issuer, secured by the CollateralTrust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a book-entry the applicable Book‑Entry Note), agree to treat the Notes (other than the Retained Notes) for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 30 contracts

Samples: Indenture (Toyota Auto Receivables 2016-a Owner Trust), Indenture (Toyota Auto Receivables 2016-B Owner Trust), Indenture (Toyota Auto Receivables 2017-B Owner Trust)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness secured by the CollateralOwner Trust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtedness.

Appears in 29 contracts

Samples: Indenture (Honda Auto Receivables 2014-3 Owner Trust), Indenture (Honda Auto Receivables 2010-3 Owner Trust), Administration Agreement (Honda Auto Receivables 2010-1 Owner Trust)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, State and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the CollateralTrust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes as indebtedness of the Issuer for all purposes purposes, including federal, State, State and local income, single business, business and franchise tax purposes as indebtednesspurposes.

Appears in 22 contracts

Samples: Indenture (Daimler Retail Receivables LLC), Indenture (WDS Receivables LLC), Indenture (Mercedes-Benz Auto Receivables Trust 2013-1)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, that for all purposes purposes, including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the Collateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes purposes, including federal, State, state and local income, single business, business and franchise tax purposes purposes, as indebtednessindebtedness of the Issuer.

Appears in 20 contracts

Samples: Hsi Asset Securitization Corp, Master Servicing Agreement (Painewebber Mort Acce Corp Iv Fremont Home Ln Own Tr 1999-2), Indenture (Ace Securities Corp Home Loan Trust 1999 a Asset Backed Note)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the Collateral. The Issuer, by entering into this Indenture, and each NoteholderOwner, by its acquisition acceptance of a Note (and each Note Book-Entry Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 14 contracts

Samples: Indenture (First Alliance Mortgage Loan Trust 1998-2), Indenture (Imc Home Equity Loan Owner Trust 1997-8), Indenture (Imc Securities Inc)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, issued with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness secured by the Collateralindebtedness. The Issuer, the Indenture Trustee and the Securities Administrator (in accordance with Section 6.06 hereof), by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a its Note (and each Note Beneficial Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtedness.

Appears in 12 contracts

Samples: Custodial Agreement (Renaissance Home Equity Loan Trust 2006-3), Custodial Agreement (Renaissance Home Equity Loan Trust 2006-3), Custodial Agreement (Renaissance Home Equity Loan Trust 2007-1)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes (other than the Retained Notes) will qualify as indebtedness of the Issuer secured by the Collateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 7 contracts

Samples: Indenture (Fieldstone Mortgage Investment CORP), Indenture (Fieldstone Mortgage Investment Trust, Series 2004-5), Indenture (Cwabs Inc)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, issued with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness secured by the Collateralindebtedness. The IssuerIssuer and the Securities Administrator (in accordance with Section 6.06 hereof), by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a its Note (and each Note Beneficial Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtedness.

Appears in 6 contracts

Samples: Indenture (Homebanc Corp), Indenture (Homebanc Corp), Indenture (Structured Asset Mortgage Investments II Inc., HomeBanc Mortgage Trust 2004-2)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes (other than the Retained Notes) will qualify as indebtedness of the Issuer secured by the Collateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtedness.indebtedness of the Issuer. ARTICLE THREE

Appears in 4 contracts

Samples: Indenture (NYMT Securities CORP), Indenture (Fieldstone Mortgage Investment Trust, Series 2004-3), Fieldstone Mortgage Investment CORP

Tax Treatment. The Issuer has entered into this Indenture, ------------- and the Notes will be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the CollateralTrust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 3 contracts

Samples: Indenture (Deutsche Recreational Asset Funding Corp), Deutsche Recreational Asset Funding Corp, Pooled Auto Securities Shelf LLC

Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes will be issued, with the intention that, that for all purposes purposes, including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the Collateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes purposes, including federal, State, state and local income, single business, business and franchise tax purposes purposes, as indebtednessindebtedness of the Issuer.

Appears in 3 contracts

Samples: Indenture (Financial Asset Securities Corp), Indenture (Financial Asset Securities Corp), Ace Securities Corp

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Tax Treatment. The Issuer has entered into this Indenture, and the Notes will shall be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will shall qualify as indebtedness of the Issuer secured by the CollateralTrust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes purposes, including federal, State, state and local income, single business, business and franchise tax purposes purposes, as indebtednessindebtedness of the Issuer.

Appears in 3 contracts

Samples: Indenture (Deutsche Recreational Asset Funding Corp), Indenture (Deutsche Recreational Asset Funding Corp), Deutsche Recreational Asset Funding Corp

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the CollateralTrust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 3 contracts

Samples: Indenture (Premier Auto Trust 1997 1), Indenture (Premier Auto Trust 1997-2), Indenture (World Omni Auto Receivables LLC)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, State and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the Collateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, State and local income, single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 3 contracts

Samples: Indenture (Bear Stearns Asset Backed Securities Inc), Home Equity Securitization Corp, Residential Asset Funding Corp

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, State and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the CollateralTrust Estate. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes as indebtedness for all purposes purposes, including federal, State, State and local income, single business, business and franchise tax purposes as indebtednesspurposes.

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Receivables Trust 2016-1), Indenture (Mercedes-Benz Auto Receivables Trust 2016-1)

Tax Treatment. The Issuer has entered into this Master Indenture, and the Notes will be issued, with the intention that, for all purposes including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness secured by the CollateralTrust Estate. The Issuer, by entering into this Master Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes including federal, State, state and local income, single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 2 contracts

Samples: Daimlerchrysler Services North America LLC, Daimlerchrysler Services North America LLC

Tax Treatment. The Issuer has entered into this ------------- Indenture, and the Notes will be he issued, with the intention that, . for all purposes including federal, State, state and local income, . single business, business and franchise tax purposes, the Notes will qualify as indebtedness secured by of the CollateralIssuer. The Issuer, . by entering into this Indenture, . and each Noteholder, by its acquisition acceptance of a Note its None (and each Note Beneficial Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), . agree to treat the Notes for all purposes including federal, State, . state and local income, . single business, business and franchise tax purposes as indebtednessindebtedness of the Issuer.

Appears in 1 contract

Samples: Administration Agreement (Credit Suisse First Boston Mortgage Securities Corp)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes purposes, including federal, State, State and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness of the Issuer secured by the Collateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes purposes, including federal, State, State and local income, single business, business and franchise tax purposes purposes, as indebtednessindebtedness of the Issuer.

Appears in 1 contract

Samples: Indenture (Cityscape Corp)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, for all purposes including U.S. federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness secured by the Collateral. The Issuer, by entering into this Indenture, and each NoteholderHolder of a Note, by its acquisition acceptance of a Note (and each Note Owner beneficial owner by its acquisition acceptance of an interest in a book-entry Note), agree agrees to treat the Notes notes for all purposes including U.S. federal, State, state and local income, single business, business and franchise tax purposes as indebtedness.

Appears in 1 contract

Samples: Trust Indenture (International Lease Finance Corp)

Tax Treatment. The Issuer has entered into this Indenture, and the Notes will be issued, with the intention that, that for all purposes purposes, including federal, State, state and local income, single business, business and franchise tax purposes, the Notes will qualify as indebtedness secured by the Collateral. The Issuer, by entering into this Indenture, and each Noteholder, by its acquisition acceptance of a Note (and each Note Owner by its acquisition acceptance of an interest in a bookthe applicable Book-entry Entry Note), agree to treat the Notes for all purposes purposes, including federal, State, state and local income, single business, business and franchise tax purposes purposes, as indebtednessindebtedness secured by the Collateral.

Appears in 1 contract

Samples: Ditech Funding Corp Home Loan Owner Trust 1997-1

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