Common use of Appointment of Tax Matters Person Clause in Contracts

Appointment of Tax Matters Person. A Tax Matters Person will be appointed for the Lower-Tier REMIC and the Upper-Tier REMIC for all purposes of the Code and such Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the Code. The Tax Matters Person for the Lower-Tier REMIC and the Upper-Tier REMIC shall be ContiFunding Corporation as long as it owns a Class R Certificate. If ContiFunding Corporation does not own a Class R Certificate, the Tax Matters Person may be any other entity that owns a Class R Certificate and accepts a designation hereunder as Tax Matters person by delivering an affidavit in the form of Exhibit I. ContiFunding Corporation shall notify the Trustee in writing of the name and address of another person who accepts a designation as Tax Matters Person hereunder.

Appointment of Tax Matters Person. A Tax Matters Person will be appointed for the Lower-Tier REMIC and or the Upper-Tier REMIC for all purposes of the Code and such Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the Code. The Tax Matters Person for the Lower-Tier REMIC and or the Upper-Tier REMIC shall be ContiFunding Corporation _________________________________ as long as it owns a Class R Certificate. If ContiFunding Corporation _____________________________ does not own a Class R Certificate, the Tax Matters Person may be any other entity that owns a Class R Certificate and accepts a designation hereunder as Tax Matters person by delivering an affidavit in the form of Exhibit I. ContiFunding Corporation The Seller shall notify the Trustee in writing of the name and address of another person who accepts a designation as Tax Matters Person hereunder.

Appointment of Tax Matters Person. A Tax Matters Person will be appointed for the Lower-Tier REMIC and the Upper-Tier REMIC for all purposes of the Code and such Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the Code. The Tax Matters Person for the Lower-Tier REMIC and the Upper-Tier REMIC shall be ContiFunding Corporation ____________________ as long as it owns a Class R Certificate. If ContiFunding Corporation ____________________ does not own a Class R Certificate, the Tax Matters Person may be any other entity that owns a Class R Certificate and accepts a designation hereunder as Tax Matters person by delivering an affidavit in the form of Exhibit I. ContiFunding Corporation ____________________ shall notify the Trustee in writing of the name and address of another person who accepts a designation as Tax Matters Person hereunder.

Appointment of Tax Matters Person. A Tax Matters Person will be appointed for the Lower-Tier REMIC and or the Upper-Tier REMIC for all purposes of the Code and such Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the Code. The Tax Matters Person for the Lower-Tier REMIC and or the Upper-Tier REMIC shall be ContiFunding Corporation The Bank of New York as long as it owns a Class R Certificate. If ContiFunding Corporation The Bank of New York does not own a Class R Certificate, the Tax Matters Person may be any other entity that owns a Class R Certificate and accepts a designation hereunder as Tax Matters person by delivering an affidavit in the form of Exhibit I. ContiFunding Corporation The Seller shall notify the Trustee in writing of the name and address of another person who accepts a designation as Tax Matters Person hereunder.

Appointment of Tax Matters Person. A Tax Matters Person will be appointed for the Lower-Tier REMIC and or the Upper-Tier REMIC for all purposes of the Code and such Tax Matters Person will perform, or cause to be performed, such duties and take, or cause to be taken, such actions as are required to be performed or taken by the Tax Matters Person under the Code. The Tax Matters Person for the Lower-Tier REMIC and or the Upper-Tier REMIC shall be ContiFunding Corporation Bankers Trust Company as long as it owns a Class R Certificate. If ContiFunding Corporation Bankers Trust Company does not own a Class R Certificate, the Tax Matters Person may be any other entity that owns a Class R Certificate and accepts a designation hereunder as Tax Matters person by delivering an affidavit in the form of Exhibit I. ContiFunding Corporation The Seller shall notify the Trustee in writing of the name and address of another person who accepts a designation as Tax Matters Person hereunder.