Common use of Treatment of Notes as Debt for Tax Purposes Clause in Contracts

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust will treat the Notes as indebtedness, and hereby instructs the Indenture Trustee, Payee Agent and the Servicer, on behalf of the Trust to treat the Notes as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust will treat the Notes as indebtedness, and hereby instructs the Indenture Trustee, Payee Agent Agent, the Master Servicer and the Backup Servicer, on behalf of the Trust to treat the Notes as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust Issuing Entity will treat the Notes, other than the Notes held by the Depositor, as indebtedness, and hereby instructs the Indenture Trustee, Payee Paying Agent and the Servicer, on behalf of the Trust Issuing Entity to treat the Notes, other than the Notes held by the Depositor, as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust will treat the Notes, other than the Notes held by the Seller, as indebtedness, and hereby instructs the Indenture Trustee, Payee Paying Agent and the Servicer, on behalf of the Trust to treat the Notes, other than the Notes held by the Seller, as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust will treat the Notes as indebtedness, and hereby instructs the Indenture Trustee, Payee Paying Agent and the Servicer, on behalf of the Trust to treat the Notes as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, single business and franchise and any other income taxes, the Trust Issuing Entity will treat the Notes, other than the Notes held by the Depositor or its owner, as indebtedness, and hereby instructs the Indenture Trustee, Payee Paying Agent and the Servicer, on behalf of the Trust Issuing Entity to treat the Notes, other than the Notes held by the Depositor or its owner, as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust Issuer will treat the Notes, other than the Notes held by the Depositor, as indebtedness, and hereby instructs the Indenture Trustee, Payee Paying Agent and the Servicer, on behalf of the Trust Issuer to treat the Notes, other than the Notes held by the Depositor, as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust will treat the Notes, other than the Notes held by the Seller, as indebtedness, and hereby instructs the Indenture Trustee, Payee Agent Paying Agent, the Master Servicer and the Backup Servicer, on behalf of the Trust to treat the Notes, other than the Notes held by the Seller, as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of The Issuing Entity shall, and shall cause the Trust Administrator to, treat the Notes as indebtedness for all federal, state and local income, franchise and any other income taxes, the Trust will treat the Notes as indebtednesssingle business, and hereby instructs the Indenture Trustee, Payee Agent franchise tax purposes (other than any Retained Notes that are not treated as issued and the Servicer, on behalf of the Trust to treat the Notes as outstanding indebtedness for all federal income tax purposes) unless otherwise required by applicable tax reporting purposeslaw.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust Issuing Entity will treat the Notes, other than Notes held by the Depositor, as indebtedness, and hereby instructs the Indenture Trustee, Payee Paying Agent and the Servicer, on behalf of the Trust Issuing Entity to treat the Notes, other than Notes held by the Depositor, as indebtedness for all applicable tax reporting purposes.

Treatment of Notes as Debt for Tax Purposes. For purposes of federal, state and local income, franchise and any other income taxes, the Trust will treat the Notes as indebtedness, and hereby instructs the Indenture Trustee, Payee Agent Paying Agent, the Master Servicer and the Backup Servicer, on behalf of the Trust to treat the Notes as indebtedness for all applicable tax reporting purposes.