Common use of Compliance with Tax Reporting and Withholding Requirements Clause in Contracts

Compliance with Tax Reporting and Withholding Requirements. Unless otherwise specified in the Trust Agreement, the Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of Trust's taxable years. The Trust's taxable year shall be the calendar year. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all Federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Unitholders and pursuant to the Swap Agreement that the Trustee reasonably believes are applicable under the Code. The consent of Unitholders shall not be required for such withholding. In the event the Trustee does withhold any amount from interest or original issue discount distributions thereof to any Unitholder pursuant to Federal withholding requirements, the Trustee shall indicate in the statement required pursuant to Section 4.02 the amount so withheld.

Appears in 5 contracts

Samples: Trust Agreement (MS Structured Asset Corp), Trust Agreement (MS Structured Asset Corp), Trust Agreement (MS Structured Asset Corp)

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Compliance with Tax Reporting and Withholding Requirements. Unless otherwise specified in the Trust AgreementTerms Schedule, the Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of Trust's taxable years. The Trust's taxable year shall be the calendar year. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all Federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Unitholders and pursuant to the Swap Agreement that the Trustee reasonably believes are applicable under the Code. The consent of Unitholders shall not be required for such withholding. In the event the Trustee does withhold any amount from interest or original issue discount distributions thereof to any Unitholder pursuant to Federal withholding requirements, the Trustee shall indicate in the statement required pursuant to Section 4.02 the amount so withheld.

Appears in 4 contracts

Samples: Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp)

Compliance with Tax Reporting and Withholding Requirements. Unless otherwise specified in the Trust AgreementTerms Schedule, the Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of Trust's taxable years. The Trust's taxable year shall be the calendar year. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all Federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Unitholders Holders and pursuant to the Swap Agreement that the Trustee reasonably believes are applicable under the Code. The consent of Unitholders Holders shall not be required for such withholding. In the event the Trustee does withhold any amount from interest or original issue discount distributions thereof to any Unitholder Holder pursuant to Federal withholding requirements, the Trustee shall indicate in the statement required pursuant to Section 4.02 the amount so withheld.

Appears in 3 contracts

Samples: Trust Agreement (Comcertz Abs Corp), Trust Agreement (Comcertz Abs Corp), Comcertz Abs Corp

Compliance with Tax Reporting and Withholding Requirements. Unless otherwise specified in the Trust AgreementTerms Schedule, the Trustee shall file or cause to be filed, within the time limits established by law, federal Federal and state State income tax returns and information statements as a grantor trust for each of the Trust's taxable years. The Trust's taxable year shall be the calendar year. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all Federal withholding requirements respecting regarding distributions to, or receipts of amounts on behalf of, Unitholders and pursuant to the Swap Agreement Certificateholders that the Trustee reasonably believes are applicable under the Code. The consent of Unitholders Certificateholders shall not be required for any such withholding. In the event that the Trustee does withhold withholds any amount from interest or original issue discount distributions thereof to any Unitholder Certificateholder pursuant to Federal withholding requirements, the Trustee shall indicate in the statement required to be provided to such Certificateholder pursuant to Section 4.02 4.02(b) the amount so withheld.

Appears in 2 contracts

Samples: Credit & Asset Repackaging Vehicle Corp, Credit & Asset Repackaging Vehicle Corp

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Compliance with Tax Reporting and Withholding Requirements. Unless otherwise specified in the Trust Agreement, the Trustee shall file or cause to be filed, within the time limits established by law, federal and state income tax returns and information statements as a grantor trust for each of Trust's ’s taxable years. The Trust's ’s taxable year shall be the calendar year. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all Federal withholding requirements respecting distributions to, or receipts of amounts on behalf of, Unitholders and pursuant to the Swap Agreement that the Trustee reasonably believes are applicable under the Code. The consent of Unitholders shall not be required for such withholding. In the event the Trustee does withhold any amount from interest or original issue discount distributions thereof to any Unitholder pursuant to Federal withholding requirements, the Trustee shall indicate in the statement required pursuant to Section 4.02 the amount so withheld.

Appears in 1 contract

Samples: Structured Asset Trust (MS Structured Asset Corp)

Compliance with Tax Reporting and Withholding Requirements. Unless otherwise specified in the Trust AgreementTerms Schedule, the Trustee shall file or cause to be filed, within the time limits established by law, federal Federal and state State income tax returns and information statements as a grantor trust for each of the Trust's taxable years. The Trust's taxable year shall be the calendar year. Notwithstanding any other provision of the Trust Agreement to the contrary, the Trustee shall comply with all Federal withholding requirements respecting regarding distributions to, or receipts of amounts on behalf of, Unitholders and pursuant to the Swap Agreement Certificateholders that the Trustee reasonably believes are applicable under the Code. The consent of Unitholders Certificateholders shall not be required for any such withholding. In the event that the Trustee does withhold withholds any amount from interest or original issue discount distributions thereof to any Unitholder Certificateholder pursuant to Federal withholding requirements, the Trustee shall indicate in the any statement required to be provided to such Certificateholder pursuant to Section 4.02 4.02(d) the amount so withheld.

Appears in 1 contract

Samples: Credit & Asset Repackaging Vehicle Corp

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