Income Tax Characterization. For purposes of Federal income, state and local income and franchise and any other income taxes, each Obligor will treat the related Notes as debt of such Obligor.
Appears in 6 contracts
Samples: Master Lease Receivables Asset Backed Financing Facility Agreement (Marlin Business Services Inc), Master Facility Agreement (Advanta Business Services Corp), Master Business Receivables Asset Backed Financing Facility Agreement (Advanta Business Services Corp)