Specification of Certain Tax Matters. The Indenture Trustee shall comply with all requirements of the Code and applicable state and local law with respect to the withholding from any distributions made to any Noteholder of any applicable withholding taxes imposed thereon and with respect to any applicable reporting requirements in connection therewith, giving due effect to any applicable exemptions from such withholding and effective certifications or forms provided by the recipient. Any amounts withheld pursuant to this SECTION 6.02 shall be deemed to have been distributed to the Noteholders, as the case may be, for all purposes of this Agreement or the Indenture.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Franchise Finance Corp of America), Sale and Servicing Agreement (Franchise Finance Corp of America), Sale and Servicing Agreement (Franchise Finance Corp of America)
Specification of Certain Tax Matters. The Indenture Trustee shall comply with all requirements of the Code and applicable state and local law with respect to the withholding from any distributions made to any Noteholder Securityholder of any applicable withholding taxes imposed thereon and with respect to any applicable reporting requirements in connection therewith, giving due effect to any applicable exemptions from such withholding and effective certifications or forms provided by the recipient. Any amounts withheld pursuant to this SECTION Section 6.02 shall be deemed to have been distributed to the NoteholdersSecurityholders, as the case may be, for all purposes of this Agreement or the IndentureAgreement.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Advanta Corp), Sale and Servicing Agreement (Advanta Corp)
Specification of Certain Tax Matters. The Indenture Trustee shall comply with all requirements of the Code and applicable state and local law with respect to the withholding from any distributions made to any Noteholder or Certificateholder of any applicable withholding taxes imposed thereon and with respect to any applicable reporting requirements in connection therewith, giving due effect to any applicable exemptions from such withholding and effective certifications or forms provided by the recipient. Any amounts withheld pursuant to this SECTION Section 6.02 shall be deemed to have been distributed to the NoteholdersNoteholders or Certificateholders, as the case may be, for all purposes of this Agreement or the Indenture.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Empire Funding Home Loan Owner Trust 1997-4), Sale and Servicing Agreement (Ditech Funding Corp Home Loan Owner Trust 1997-1)
Specification of Certain Tax Matters. The Indenture Trustee shall comply with all requirements of the Code and applicable state and local law with respect to the withholding from any distributions made to any Noteholder Securityholder of any applicable withholding taxes imposed thereon and with respect to any applicable reporting requirements in connection therewith, giving due effect to any applicable exemptions from such withholding and effective certifications or forms provided by the recipient. Any amounts withheld pursuant to this SECTION Section 6.02 shall be deemed to have been ------------ distributed to the NoteholdersNoteholders or Certificateholders, as the case may be, for all purposes of this Agreement or the Indenture.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Ascent Entertainment Group Inc)