Common use of Includibility in income Clause in Contracts

Includibility in income. The lessee shall include interest on the lessor’s purchase money obligation in income at the same time and in the same amount as the lessor’s interest deduc- tions, as determined under paragraph (c)(1).

Includibility in income. The lessee shall include interest on the lessor’s purchase money obligation in income at the same time and in the same amount as the lessor’s interest deduc- tions, as determined under paragraph (c)(1).same