Common use of Withholding Taxes; Information Reporting Clause in Contracts

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee of a grantor trust, shall exclude and withhold from each distribution of principal, premium, if any, and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificate holders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificates.

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee for the assets of a grantor trust, shall exclude and withhold from each distribution of principal, premium, if any, principal and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificate holders Certificateholders may reasonably request from time to time. The At the request of the Servicers, the Certificate Trustee agrees to execute on behalf of the Certificate Issuer and file any other information reports as it may be required to file with respect to taxes, including by reason of Treasury Regulations 1.671-5, such information reports to be prepared by the Servicers. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) (such Form 1041s and any statements attached thereto to be prepared by the Servicers), Internal Revenue Service Form 1099 (if applicable) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class Tranche of Certificates.

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- As to the Certificates of any series, the Trustee, as trustee of a the related grantor trusttrust created by this Agreement, shall exclude and withhold from each distribution of principal, premium, if any, and interest and other amounts due hereunder or otherwise payable under this Agreement or under the Certificates of such series any and all withholding taxes applicable thereto as required by law. Solely for purposes of determining whether any such withholding is required (and the amount thereof), any distribution of proceeds from a Liquidity Facility shall be treated as principal, premium, interest or other amount to the same extent as the relevant payment under an Equipment Note in respect of which such proceeds are distributed is treated. The Certificate Trustee agrees that it will to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the CertificatesCertificates of such series, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the CertificateholdersCertificateholders of such series, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each such Certificateholder of such series appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificate holders Certificateholders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificatesunder United States law.