Federal Income Tax Allocations. Net income of the Trust for any period, as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interests.
Appears in 24 contracts
Samples: Trust Agreement (Gmac Elf LLC), Trust Agreement (Nelnet Student Loan Trust 2009-2), Trust Agreement (Goal Capital Funding, LLC)
Federal Income Tax Allocations. Net income of the Trust for any period, month as determined for federal Federal income tax purposes (and each item of income, gain, loss loss, credit and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interests.allocated:
Appears in 14 contracts
Samples: Trust Agreement (Structured Asset Mortgage Investments Inc), Trust Agreement (Structured Asset Mortgage Investments Inc), Trust Agreement (Franklin Receivables LLC)
Federal Income Tax Allocations. Net income of the Trust for any period, Interest Period as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a Certificateholders, pro rata basis in accordance with based upon their respective Percentage Interests.
Appears in 12 contracts
Samples: Trust Agreement (Higher Education Funding I), Trust Agreement (Collegiate Funding Services Education Loan Trust 2003-A), Trust Agreement (Collegiate Funding of Delaware LLC)
Federal Income Tax Allocations. Net income of the Trust for any period, month as determined for federal Federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interests.allocated:
Appears in 11 contracts
Samples: Trust Agreement (Toyota Motor Credit Corp), Trust Agreement (Toyota Motor Credit Corp), Trust Agreement (Transworld Insurance Co)
Federal Income Tax Allocations. Net income of the Trust for any period, Interest Period as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a Certificateholders, pro rata basis in accordance with based upon their respective Percentage Interests.
Appears in 7 contracts
Samples: Trust Agreement (College Loan Corp Trust 2005-2), Trust Agreement (Collegiate Funding Services Education Loan Trust 2005-A), Trust Agreement (College Loan Corp Trust II)
Federal Income Tax Allocations. Net income of the Trust for any period, month as determined for federal income tax purposes (and each item of income, gain, loss loss, credit and deduction entering into the computation thereof), ) shall be allocated to taken into account by the Certificateholders on a pro rata basis in accordance with their respective Percentage InterestsDepositor as the Holder of the Equity Certificate.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (HFC Revolving Corp), Pooling and Servicing Agreement (HFC Revolving Corp), Pooling and Servicing Agreement (Household Mortgage Funding Corp Iii)
Federal Income Tax Allocations. Net income of the Trust for any period, month as determined for federal Federal income tax purposes (and each item of income, gain, loss loss, credit and deduction entering into the computation thereof), ) shall be allocated to the Certificateholders on a pro rata basis in accordance with based upon their respective Percentage InterestsOwnership Percentage.
Appears in 4 contracts
Samples: Trust Agreement (Money Store Home Equity Corp), Money Store Home Equity Corp, Money Store Home Equity Corp
Federal Income Tax Allocations. Net income of the Trust for any period, as determined for federal income tax purposes (and each item of income, gain, loss and deduction entering into the computation thereof), shall be allocated to the Certificateholders on a pro rata basis in accordance with their respective Percentage Interestspercentages of the ownership interests in the Trust.
Appears in 1 contract
