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 (Nelnet Student Loan Trust 2009-2), Trust Agreement (Goal Capital Funding, LLC), Trust Agreement (Gmac Elf 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 (College Loan Corp Trust I), Trust Agreement (College Loan LLC)
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 (Collegiate Funding Services Education Loan Trust 2004-A), Trust Agreement (Collegiate Funding of Delaware LLC), Trust Agreement (College Loan Corp Trust 2005-2)
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), Trust Agreement (Money Store Home Equity Corp), Trust Agreement (Money Store Home Equity Corp)
Federal Income Tax Allocations. Net income of for the Trust for any periodmonth, 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 their respective Percentage Interestsrata.
Appears in 2 contracts
Samples: Trust Agreement (Pacificamerica Money Center Inc), Trust Agreement (Merrill Lynch Mortgage Investors Inc)
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.
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