Common use of Accounting; Reports; Tax Returns Clause in Contracts

Accounting; Reports; Tax Returns. (a) The Administrator has agreed pursuant to the Administration Agreement that the Administrator shall (i) maintain (or cause to be maintained) the books of the Trust on a fiscal year basis on the accrual method of accounting (such fiscal year initially being the fiscal year of the Depositor), (ii) deliver to the Certificateholder, as may be required by the Code and applicable Treasury Regulations, such information as may be required to enable such Certificateholder to prepare its Federal and state income tax returns, (iii) file or cause to be filed such tax returns, if any, relating to the Trust, and direct the Co-Owner Trustee to make such elections as may from time to time be required or appropriate under any applicable state or Federal statute or rule or regulation thereunder so as to maintain the Trust's characterization as a "disregarded entity," (iv) collect or cause to be collected any withholding tax as described in and in accordance with Section 5.2(b) with respect to income or distributions to the Certificateholder, and (v) file or cause to be filed all documents required to be filed by the Co-Owner Trustee with the Commission and otherwise take or cause to be taken all such actions as are required for the Trust's compliance with all applicable provisions of state and federal securities laws.

Accounting; Reports; Tax Returns. (a) The Administrator has agreed pursuant to the Administration Agreement that the Administrator shall (i) maintain (or cause to be maintained) the books of the Trust on a fiscal year basis on the accrual method of accounting (such fiscal year initially being the fiscal year of the Depositor), (ii) deliver to the Certificateholder, as may be required by the Code and applicable Treasury Regulations, such information as may be required to enable such Certificateholder to prepare its Federal and state income tax returns, (iii) file or cause to be filed such tax returns, if any, relating to the Trust, and direct the Co-Owner Trustee to make such elections as may from time to time be required or appropriate under any applicable state or Federal statute or rule or regulation thereunder so as to maintain the Trust's characterization as a "disregarded entity," (or, if applicable, a partnership for Federal income tax purposes), (iv) collect or cause to be collected any withholding tax as described in and in accordance with Section 5.2(b5.2(c) with respect to income or distributions to the Certificateholder, Certificateholder and (v) file or cause to be filed all documents required to be filed by the Co-Owner Trustee with the Commission and otherwise take or cause to be taken all such actions as are required for the Trust's compliance with all applicable provisions of state and federal securities laws.

Accounting; Reports; Tax Returns. (a) The Administrator has agreed pursuant to the Administration Agreement that the Administrator shall (i) maintain (or cause to be maintained) the books of the Trust on a fiscal calendar year basis on the accrual method of accounting (such fiscal year initially being the fiscal year of the Depositor)accounting, (ii) deliver to the Certificateholdereach Owner, as may be required by the Code and applicable Treasury Regulations, such information as may be required (including Schedule K-1) to enable such Certificateholder each Owner to prepare its Federal and state income tax returns, (iii) file or cause to be filed such tax returns, if any, returns relating to the TrustTrust (including a partnership information return, Form 1065), and direct the Co-Owner Trustee to make such elections as may from time to time be required or appropriate under any applicable state or Federal statute or rule or regulation thereunder so as to maintain the Trust's characterization as a "disregarded entity," partnership for Federal income tax purposes, (iv) collect or cause to be collected any withholding tax as described in and in accordance with Section 5.2(b5.2(c) with respect to income or distributions to the Certificateholder, Owners and (v) file or cause to be filed all documents required to be filed by the Co-Owner Trustee Trust with the Securities and Exchange Commission and otherwise take or cause to be taken all such actions as are notified by the Servicer in writing to the Administrator as being required for the Trust's compliance with all applicable provisions of state and federal securities laws.

Accounting; Reports; Tax Returns. (a) The Administrator has agreed pursuant to the Administration Agreement that the Administrator shall (i) maintain (or cause to be maintained) the books of the Trust on a fiscal calendar year basis on the accrual method of accounting (such fiscal year initially being the fiscal year of the Depositor)accounting, (ii) deliver to each Owner and the CertificateholderGeneral Partner, as may be required by the Code and applicable Treasury Regulations, such information as may be required (including Schedule K-1) to enable such Certificateholder each Owner and the General Partner to prepare its Federal and state income tax returns, (iii) obtain a federal tax identification number for the Trust, and file or cause to be filed such tax returns, if any, returns relating to the TrustTrust (including a partnership information return, Form 1065), and direct the Co-Owner Trustee to make such elections as may from time to time be required or appropriate under any applicable state or Federal statute or rule or regulation thereunder so as to maintain the Trust's characterization as a "disregarded entity," partnership for Federal income tax purposes, (iv) collect or cause to be collected any withholding tax as described in and in accordance with Section 5.2(b5.2(f) with respect to income or distributions to the Certificateholder, Owners and (v) file or cause to be filed all documents required to be filed by the Co-Owner Trustee Trust with the Commission and otherwise take or cause to be taken all such actions as are notified by the Servicer to the Administrator as being required for the Trust's compliance with all applicable provisions of state and federal securities laws.

Accounting; Reports; Tax Returns. (a) The Administrator has agreed pursuant to the Administration Agreement that the Administrator shall (i) maintain (or cause to be maintained) the books of the Trust on a fiscal year basis on the accrual method of accounting (such fiscal year initially being the fiscal year of the Depositor), (ii) deliver to the Certificateholder, as may be required by the Code and applicable Trust Agreement Treasury Regulations, such information as may be required to enable such Certificateholder to prepare its Federal and state income tax returns, (iii) file or cause to be filed such tax returns, if any, relating to the Trust, and direct the Co-Owner Trustee to make such elections as may from time to time be required or appropriate under any applicable state or Federal statute or rule or regulation thereunder so as to maintain the Trust's ’s characterization as a "“disregarded entity," ” (iv) collect or cause to be collected any withholding tax as described in and in accordance with Section 5.2(b) with respect to income or distributions to the Certificateholder, and (v) file or cause to be filed all documents required to be filed by the Co-Owner Trustee with the Commission and otherwise take or cause to be taken all such actions as are required for the Trust's ’s compliance with all applicable provisions of state and federal securities laws.