Common use of United States Income Tax Clause in Contracts

United States Income Tax. The Ninth 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 United States income tax principles, 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 United States income tax principles.

Appears in 2 contracts

Samples: Underwriting Agreement (HOLMES FINANCING (No. 9) PLC), Underwriting Agreement (HOLMES FINANCING (No. 9) PLC)

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United States Income Tax. The Ninth Seventh 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 United States income tax principles, 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 United States income tax principles.; and

Appears in 1 contract

Samples: Agreement (Holmes Financing No 7 PLC)

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United States Income Tax. The Ninth Eighth 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 United States income tax principles, 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 United States income tax principles.

Appears in 1 contract

Samples: Underwriting Agreement (Holmes Financing No 8 PLC)

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