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. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of its Note (and each Note Owner by its acceptance of an interest in the applicable Book- Entry Note), agree to treat the Notes for federal, state and local income, single business and franchise tax purposes as indebtedness of the Issuer.

Income Tax Characterization. For purposes of federal income, state and local income and franchise and any other income taxes, the Issuer will treat, and each Noteholder by its acceptance of a Note will be deemed to have agreed to treat the Notes as indebtedness of and hereby instructs the Issuer. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of its Note (and each Note Owner by its acceptance of an interest in the applicable Book- Entry Note), agree Indenture Trustee to treat the Notes for federal, state and local income, single business and franchise tax purposes as indebtedness of the Issuerfor all applicable 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 and hereby instructs the Issuer. The Issuer, by entering into this IndentureTrustee, and each NoteholderNoteholder (or beneficial Note Owner) shall be deemed, by its acceptance virtue of acquisition of its Note (and each Note Owner by its acceptance of an interest in the applicable Book- Entry such Note), agree to have agreed, to treat the Notes for federal, state and local income, single business and franchise tax purposes as indebtedness of the Issuerfor all applicable 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. The Issuer, by entering into this Indenture, Issuer and each Noteholder, by its acceptance of its Note (and each Note Owner by its acceptance of an interest in hereby instructs the applicable Book- Entry Note), agree Servicer to treat the Notes for federal, state and local income, single business and franchise tax purposes as indebtedness of the Issuer.as

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. The Issuer, by entering into this Indenture, and each Noteholder, by its acceptance of its Note (and each Note Owner by its acceptance of an interest in the applicable Book- Entry Note), agree to treat the Notes for federal, state and local income, single business and franchise tax purposes as indebtedness of the Issuer.