Common use of Reporting to or for the Applicable Taxing Authorities Clause in Contracts

Reporting to or for the Applicable Taxing Authorities. With respect to each Loan, the Initial Member shall be responsible for submitting all tax information returns with all applicable Governmental Authorities for all applicable periods prior to the respective Servicing Transfer Date, and the Company shall be responsible for submitting all tax information returns with all applicable Governmental Authorities for all applicable periods commencing with the respective Servicing Transfer Date. Information returns include reports on Internal Revenue Service Forms 1098 and 1099. The Company shall be responsible for submitting all information returns required under applicable Law of any Foreign Jurisdiction, to the extent such information returns are required to be filed by the Company or the Initial Member under such Law, relating to the Loans, for the calendar or tax year in which the Closing Date falls and thereafter.

Appears in 6 contracts

Samples: Loan Contribution and Sale Agreement, Loan Contribution and Sale Agreement, Loan Contribution and Sale Agreement

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Reporting to or for the Applicable Taxing Authorities. With respect to each LoanAsset, the Initial Member shall be responsible for submitting all tax information returns with all applicable Governmental Authorities for all applicable periods prior to the respective Servicing Transfer Date, and the Company shall be responsible for submitting all tax information returns with all applicable Governmental Authorities for all applicable periods commencing with the respective Servicing Transfer Date. Information returns include reports on Internal Revenue Service Forms 1098 and 1099. The Company shall be responsible for submitting all information returns required under applicable Law of any Foreign Jurisdiction, to the extent such information returns are required to be filed by the Company or the Initial Member under such Law, relating to the LoansAssets, for the calendar or tax year in which the Closing Date falls and thereafter.

Appears in 2 contracts

Samples: Asset Contribution and Sale Agreement, Asset Contribution and Sale Agreement

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Reporting to or for the Applicable Taxing Authorities. With respect to each Mortgage Loan, the Initial Member shall be responsible for submitting all tax information returns with all applicable Governmental Authorities for all applicable periods prior to the respective Servicing Transfer Date, and the Company shall be responsible for submitting all tax information returns with all applicable Governmental Authorities for all applicable periods commencing with the respective Servicing Transfer Date. Information returns include reports on Internal Revenue Service Forms 1098 and 1099. The Company shall be responsible for submitting all information returns required under applicable Law of any Foreign Jurisdiction, to the extent such information returns are required to be filed by the Company or the Initial Member under such Law, relating to the Mortgage Loans, for the calendar or tax year in which the Closing Date falls and thereafter.

Appears in 1 contract

Samples: Mortgage Loan Contribution and Sale Agreement

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