Common use of Income Tax Characterization Clause in Contracts

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the 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.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer will treat the Notes as indebtedness of the Issuer Sponsor and hereby instructs the Indenture Trustee to treat the Notes as indebtedness of the Issuer Sponsor for federal and state tax reporting purposes.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer will and the Noteholders agree to treat the Notes as indebtedness of the Issuer and the Residual Certificates as equity in the Issuer and hereby instructs instruct the Indenture Trustee to treat prepare all tax returns and reports regarding the Notes as indebtedness of and the Issuer Trust for federal and state tax reporting purposespurposes in a manner consistent with such agreement.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer and the Noteholders will treat the Notes as indebtedness of the Issuer Sponsor and hereby instructs instruct the Indenture Trustee to treat the Notes as indebtedness of the Issuer Sponsor for federal and state tax reporting purposes.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the 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.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer will will, and each Noteholder by such Noteholder's acceptance thereof agrees to, 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.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer and the Noteholders will treat the Notes as indebtedness of the Issuer Sponsor and hereby instructs the Indenture Trustee to treat the Notes as indebtedness of the Issuer Sponsor for federal and state tax reporting purposes.

Income Tax Characterization. For purposes of federal incomeincome tax, state and local income and tax, franchise tax and any other income taxes, the Issuer and the Noteholders will treat the Notes as indebtedness of the Issuer and hereby instructs instruct the Indenture Trustee to treat the Notes as indebtedness of the Issuer for federal and state all such tax reporting purposes.