Common use of Allocation of Charges Clause in Contracts

Allocation of Charges. There will not be any agreement or understanding between the Servicer and any Loan Party (other than as expressly set forth herein or as consented to by the Administrative Agent), providing for the allocation or sharing of obligations to make payments or otherwise in respect of any Taxes, fees, assessments or other governmental charges.

Allocation of Charges. There will is not be any agreement or understanding between the Servicer and any such Loan Party (other than as expressly set forth herein or as consented to by the Administrative Agent), providing for the allocation or sharing of obligations to make payments or otherwise in respect of any Taxestaxes, fees, assessments or other governmental charges.

Allocation of Charges. There will not be any agreement or understanding between the Servicer and any Loan Party (other than as expressly set forth herein or as consented to by the Administrative Agent), providing for the allocation or sharing of obligations to make payments or otherwise in respect of any Taxes, fees, assessments or other governmental charges; provided that it is understood and acknowledged that such Loan Party will be disregarded as an entity separate from the Originator for U.S. federal income tax purposes.