Common use of No Material Tax Consequences Clause in Contracts

No Material Tax Consequences. The addition of the Additional Receivables will not result in a material adverse tax consequence to XXXX, the Issuing Entity, the Noteholders or the Certificateholders.

Appears in 22 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-3)

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No Material Tax Consequences. The addition of the Additional Receivables will not result in a material adverse tax consequence to XXXX, the Issuing Entity, the Noteholders or the Certificateholders.]

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC)

No Material Tax Consequences. The addition of the Additional Subsequent Receivables will not result in a material adverse tax consequence to XXXXWOAR, the Issuing Entity, the Noteholders or the Certificateholders.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (World Omni Auto Receivables LLC), Receivables Purchase Agreement (World Omni Auto Receivables LLC)

No Material Tax Consequences. The addition of the Additional Receivables will not result in a material adverse tax consequence to XXXX, the Issuing EntityIssuer, the Noteholders or the Certificateholders.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2004-2)

No Material Tax Consequences. The addition of the Additional Receivables will not result in a material adverse tax consequence to XXXXCARI, the Issuing EntityIssuer, the Noteholders or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

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No Material Tax Consequences. The addition of the Additional Receivables will not result in a material adverse tax consequence to XXXX, the Issuing EntityIssuer, the Noteholders Note Owners or the CertificateholdersCertificate Owners.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

No Material Tax Consequences. The addition of the Additional Subsequent Receivables will not result in a material adverse tax consequence to XXXXWOAR, the Issuing Entity, [the Grantor Trust,] the Noteholders or the Certificateholders.

Appears in 1 contract

Samples: Receivables Purchase Agreement (World Omni Auto Receivables LLC)

No Material Tax Consequences. The addition of the Additional Receivables will not result in a material adverse tax consequence to XXXXCXXX, the Issuing Entity, the Noteholders or the Certificateholders.]

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC)

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