Common use of United States Income Tax Clause in Contracts

United States Income Tax. The Master Issuer will not engage in any activities in the United States (directly or through agents), derive any income from United States sources as determined under the U.S. Internal Revenue Code of 1986, as amended (the "Code"), or hold any property if doing so would cause it to be engaged or deemed to be engaged in a trade or business within the United States as determined under the Code.

United States Income Tax. The Master Issuer will not engage in any activities in the United States (directly or through agents), will not derive any income from United States sources as determined under the U.S. Internal Revenue Code of 1986, as amended (the "Code"), or and will not hold any property if doing so would cause it to be engaged or deemed to be engaged in a trade or business within the United States as determined under the Code.

United States Income Tax. The Master Issuer will not engage in any activities in the United States (directly or through agents), will not derive any income from United States sources as determined under the U.S. Internal Revenue Code of 1986United States income tax principles, as amended (the "Code"), or and will not hold any property if doing so would cause it to be engaged or deemed to be engaged in a trade or business within the United States as determined under the Code.United States income tax principles; and

United States Income Tax. The Master Issuer will not engage in any activities in the United States (directly or through agents), will not derive any income from United States sources as determined under the U.S. Internal Revenue Code of 1986United States income tax principles, as amended (the "Code"), or and will not hold any property if doing so would cause it to be engaged or deemed to be engaged in a trade or business within the United States as determined under the Code.United States income tax principles; and Back to Contents