Common use of CERTIFICATION OF TRADE OR BUSINESS USE Clause in Contracts

CERTIFICATION OF TRADE OR BUSINESS USE. Pursuant to Section 7701 of the Code and as set forth in Attachment C hereto, each Lessee will warrant and certify that (1) such Lessee intends to use the Acquired Vehicles in a trade or business of such Lessee, and (2) such Lessee has been advised that it will not be treated as the owner of the Acquired Vehicles for federal income tax purposes.

Appears in 7 contracts

Samples: Master Motor Vehicle Lease (Dollar Thrifty Automotive Group Inc), Master Motor Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc), Master Motor Vehicle Lease (Dollar Thrifty Automotive Group Inc)

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CERTIFICATION OF TRADE OR BUSINESS USE. Pursuant to Section 7701 of the Code and as set forth in Attachment C hereto, each the Lessee will warrant and certify that (1) such the Lessee intends to use the Acquired Vehicles in a trade or business of such the Lessee, and (2) such the Lessee has been advised that it will not be treated as the owner of the Acquired Vehicles for federal income tax purposes.

Appears in 3 contracts

Samples: Vehicle Lease and Servicing Agreement (Dollar Thrifty Automotive Group Inc), Second Master Motor Vehicle Lease and Servicing Agreement (Republic Industries Inc), Master Motor Vehicle Lease and Servicing Agreement (Republic Industries Inc)

CERTIFICATION OF TRADE OR BUSINESS USE. Pursuant to Section 7701 of the Code and as set forth Code, each Lessee will deliver to the Lessor a certificate in the form of Attachment C hereto, each Lessee will warrant warranting and certify certifying that (1) such Lessee intends to use the Acquired Vehicles leased by it hereunder in a trade or business of such Lessee, and (2) such Lessee has been advised that it will not be treated as the owner of the Acquired Vehicles leased by it hereunder for federal income tax purposes.

Appears in 2 contracts

Samples: Master Motor Vehicle Lease and Servicing Agreement (Vanguard Car Rental Group Inc.), Master Motor Vehicle Lease And (Vanguard Car Rental Group Inc.)

CERTIFICATION OF TRADE OR BUSINESS USE. Pursuant to Section -------------------------------------- 7701 of the Code and as set forth in Attachment C B hereto, each the Lessee will ------------ warrant and certify that (1) such the Lessee intends to use the Acquired Vehicles in a trade or business of such the Lessee, and (2) such the Lessee has been advised that it will not be treated as the owner of the Acquired Vehicles for federal income tax purposes.

Appears in 1 contract

Samples: Vehicle Lease Agreement (Ryder TRS Inc)

CERTIFICATION OF TRADE OR BUSINESS USE. Pursuant to Section 7701 of the Code and as set forth Code, each Lessee will deliver to the Lessor a certificate in the form of Attachment C hereto, each Lessee will warrant warranting and certify certifying that (1) such Lessee intends to use the Acquired Vehicles leased by it hereunder in a trade or business of such the Lessee, and (2) such Lessee has been advised that it will not be treated as the owner of the Acquired Vehicles leased by it hereunder for federal income tax purposes.

Appears in 1 contract

Samples: Vehicle Lease and Servicing Agreement (Republic Industries Inc)

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CERTIFICATION OF TRADE OR BUSINESS USE. Pursuant to Section 7701 of the Code and as set forth Code, each Lessee will deliver to the Lessor a certificate in the form of Attachment C hereto, each Lessee will warrant warranting and certify certifying that (1) such Lessee intends to use the Acquired Vehicles leased by it hereunder in a trade or business of such Lessee, and (2) such Lessee has been advised that it will not be treated as the owner of the Acquired Vehicles leased by it hereunder for federal income tax purposes.

Appears in 1 contract

Samples: Vehicle Lease and Servicing Agreement (Autonation Inc /Fl)

CERTIFICATION OF TRADE OR BUSINESS USE. Pursuant to -------------------------------------- Section 7701 of the Code and as set forth in Attachment C B hereto, each the Lessee ------------ will warrant and certify that (1) such the Lessee intends to use the Acquired Vehicles in a trade or business of such the Lessee, and (2) such the Lessee has been advised that it will not be treated as the owner of the Acquired Vehicles for federal income tax purposes.

Appears in 1 contract

Samples: Vehicle Lease Agreement (Ryder TRS Inc)

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