Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders and the Indenture Trustee will treat the Notes as indebtedness and hereby instructs the Indenture Trustee to treat the Notes as indebtedness for federal and state tax reporting purposes.
Appears in 5 contracts
Samples: Indenture (Household Automotive Trust Iv Series 2000-1), Household Auto Receivables Corp, Household Auto Receivables Corp
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, Noteholders and the Certificateholders and the Indenture Trustee will treat the Notes as indebtedness and hereby instructs instruct the Indenture Trustee to treat the Notes as indebtedness for federal and state tax reporting purposes.
Appears in 5 contracts
Samples: Indenture (HSBC Automotive Trust (USA) 2006-1), Indenture (HSBC Automotive Trust (USA) 2007-1), Indenture (Household Auto Receivables Corp)
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders and the Indenture Trustee will treat the Notes as indebtedness and hereby instructs the Indenture Trustee to treat the Notes as indebtedness for federal and state tax reporting purposes.
Appears in 3 contracts
Samples: Indenture (Household Auto Receivables Corp), Household Auto Receivables Corp, Household Automobile Revolving Trust I
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders and the Indenture Trustee Issuer will treat the Notes as indebtedness of the Issuer and hereby instructs the Indenture Trustee to treat the Notes as indebtedness of the Issuer for federal and state tax reporting purposes.
Appears in 2 contracts
Samples: Indenture (Prudential Securities Secured Financing Corp), Indenture (Prudential Securities Secured Financing Corp)
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders and the Indenture Trustee Issuer will treat the Notes as indebtedness of the Sponsor and hereby instructs the Indenture Trustee to treat the Notes as indebtedness of the Sponsor for federal and state tax reporting purposes.
Appears in 2 contracts
Samples: Advanta Mortgage Conduit Services Inc, Advanta Revolving Home Equity Loan Trust 1998-A
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the IssuerIssuer will treat, the Noteholders, the Certificateholders and the Indenture Trustee each Noteholder by its acceptance of a Note will be deemed to have agreed to treat the Notes as indebtedness and hereby instructs the Indenture Trustee to treat the Notes as indebtedness for federal and state all applicable tax reporting purposes.
Appears in 2 contracts
Samples: Indenture (Long Beach Acceptance Corp), Long Beach Acceptance Corp
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the IssuerIssuer will, the Noteholdersand each Noteholder by such Noteholder's acceptance thereof agrees to, the Certificateholders and the Indenture Trustee will treat the Notes as indebtedness of the Issuer and hereby instructs the Indenture Trustee to treat the Notes as indebtedness of the Issuer for federal and state tax reporting purposes.
Appears in 1 contract
Samples: United Fidelity Finance LLC
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders Issuer and the Indenture Trustee Noteholders will treat the Notes as indebtedness of the Sponsor and hereby instructs the Indenture Trustee to treat the Notes as indebtedness of the Sponsor for federal and state tax reporting purposes.
Appears in 1 contract
Samples: Indenture (Greenpoint Home Equity Loan Trust 1999 2)
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders and the Indenture Trustee Issuer will treat the Notes as indebtedness and hereby instructs the Indenture Trustee Trustee, and each Noteholder (or beneficial Note Owner) shall be deemed, by virtue of acquisition of its interest in such Note, to have agreed, to treat the Notes as indebtedness for federal and state all applicable tax reporting purposes.
Appears in 1 contract
Samples: Indenture (Americredit Corp)
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders Issuer and the Indenture Trustee Noteholders will treat the Notes as indebtedness of the Sponsor and hereby instructs instruct the Indenture Trustee to treat the Notes as indebtedness of the Sponsor for federal and state tax reporting purposes.
Appears in 1 contract
Samples: Greenpoint Mortgage Securities Inc/
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders Issuer and the Indenture Trustee will treat the Notes as indebtedness and hereby instructs the Indenture Trustee Noteholders agree to treat the Notes as indebtedness of the Issuer and the Residual Certificates as equity in the Issuer and hereby instruct the Indenture Trustee to prepare all tax returns and reports regarding the Notes and the Trust for federal and state tax reporting purposespurposes in a manner consistent with such agreement.
Appears in 1 contract
Income Tax Characterization. For purposes of federal incomeincome tax, state and local income and tax, franchise tax and any other income taxes, the Issuer, the Noteholders, the Certificateholders Issuer and the Indenture Trustee Noteholders will treat the Notes as indebtedness and hereby instructs instruct the Indenture Trustee to treat the Notes as indebtedness for federal and state all such tax reporting purposes.
Appears in 1 contract
Samples: Gehl Co
Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer, the Noteholders, the Certificateholders and the Indenture Trustee Issuer will treat the Notes as indebtedness and hereby instructs the Indenture Trustee to treat the Notes as indebtedness for federal and state tax reporting purposes.
Appears in 1 contract
Samples: Indenture (Prudential Securities Secured Financing Corp)