Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer will treat the Notes as indebtedness of the Issuer.
Appears in 3 contracts
Samples: Indenture (TMS Auto Holdings Inc), TMS Auto Holdings Inc, FCC Receivables Corp
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer will treat the Notes as indebtedness of the Issuerindebtedness.
Appears in 2 contracts
Samples: Tia Indenture (Painewebber Asset Acceptance Corp), Securitized Asset Backed Receivables LLC
Income Tax Characterization. For purposes of federal incomeincome tax, state and local income and tax, franchise tax and any other income taxes, the Issuer and the Noteholder will treat the Notes Note as indebtedness of and hereby instruct the IssuerTrustee to treat the Note as indebtedness for all such tax reporting purposes.
Appears in 2 contracts
Samples: Consumer Portfolio Services Inc, Consumer Portfolio Services Inc
Income Tax Characterization. For purposes of federal Federal income, state State and local income and franchise and any other income taxes, the Issuer will treat the Notes as indebtedness debt of the Issuer.
Appears in 1 contract
Samples: Indenture (Olympic Financial LTD)
Income Tax Characterization. For purposes of federal incomeincome tax, state and local income and tax, franchise tax and any other income taxes, the Issuer and the Noteholder will treat the Notes Note as indebtedness of and hereby instructs the IssuerTrustee to treat the Note as indebtedness for all such tax reporting purposes.
Appears in 1 contract
Samples: Consumer Portfolio Services Inc
Income Tax Characterization. For purposes of federal --------------------------- income, state and local income and franchise and any other income taxes, the Issuer will treat the Notes as indebtedness of the Issuerindebtedness.
Appears in 1 contract
