Common use of Ownership of Tax Benefits Clause in Contracts

Ownership of Tax Benefits. it is the intention of the parties that any tax benefits resulting from ownership of the Mortgaged Property and any tax credit or comparable credit which may ever be available shall accrue to the benefit of Company, and Company shall, and Issuer upon advice of counsel shall, make any election and take other action in accordance with the Code and the regulations promulgated thereunder as may be necessary to entitle Company to have such benefit and credit.

Ownership of Tax Benefits. it It is the intention of the parties that any tax benefits resulting from ownership of the Mortgaged Property and any tax credit or comparable credit which may ever be available shall accrue to the benefit of Company, and Company shall, and Issuer upon advice of counsel shall, make any election and take other action in accordance with the Code and the regulations promulgated thereunder as may be necessary to entitle Company to have such benefit and credit.

Ownership of Tax Benefits. it It is the intention of the parties that any tax benefits resulting from ownership of the Mortgaged Property and any tax credit or comparable credit which may ever be available shall accrue accrue, to the benefit of Company, and Company shall, and Issuer upon advice of counsel shallmay, make any election and take other action in accordance with the Code and the regulations promulgated thereunder as may be necessary to entitle Company to have such benefit and credit.

Ownership of Tax Benefits. it It is the intention of the parties that any tax benefits resulting from ownership of the Mortgaged Property Leased Premises and any tax credit or comparable credit which may ever be available shall accrue to the benefit of Companythe Company , and the Company shallmay, and the Issuer upon advice of counsel shallmay, make any election and take other action in accordance with the Internal Revenue Code and the regulations promulgated thereunder as may be necessary to entitle the Company to have such benefit and credit.