Common use of Tax Reporting of Investment Income Clause in Contracts

Tax Reporting of Investment Income. All investment income on amounts deposited to the Collection Accounts established with respect to the Revolving Facility or any Bank Accounts established with respect to any Reference Pool will be reported for U.S. federal income tax purposes as earned by the Titling Trust and will be reported by Daimler North America.

Tax Reporting of Investment Income. All investment income on amounts deposited to the Collection Accounts established with respect to the Revolving Facility or any Bank Accounts established with respect to any Reference Pool will be reported for U.S. federal income tax purposes as earned by the Titling Trust Companies and will be reported by Daimler North Americathe Holding Companies (or such entity from which the Holding Companies may be disregarded as separate for U.S. federal income tax purposes).