Common use of Treatment of Notes as Debt for Tax Purposes Clause in Contracts

Treatment of Notes as Debt for Tax Purposes. The Issuer shall, and shall cause the Administrator to, treat the Notes as indebtedness for all purposes.

Appears in 25 contracts

Samples: Mortgage Loan Trust Indenture (Hsi Asset Securitization Corp), Indenture (Painewebber Mort Accept Corp Iv Empire Funding 1999-1), Indenture (Master Financial Asset Securitization Trust 1998-2)

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Treatment of Notes as Debt for Tax Purposes. The Issuer shall, and shall cause the Administrator and the Master Servicer to, treat the Notes as indebtedness for all federal, state and local, single business and franchise tax purposes (except that any Retained Note shall not be treated as outstanding indebtedness for such purposes).

Appears in 8 contracts

Samples: Indenture (Saxon Asset Securities Trust 2005-1), Indenture (Sast 2006-3), Indenture (Saxon Asset Securities Trust 2005-3)

Treatment of Notes as Debt for Tax Purposes. The Issuer shall, and shall cause the Administrator to, treat the Notes as indebtedness for all federal and state tax purposes.

Appears in 7 contracts

Samples: Indenture (Bear Stearns Asset Backed Securities Inc), Indenture (Firstplus Investment Corp), Indenture (Firstplus Investment Corp)

Treatment of Notes as Debt for Tax Purposes. The Issuer ------------------------------------------- shall, and shall cause the Administrator to, treat the Notes as indebtedness for all federal and state tax purposes.

Appears in 4 contracts

Samples: Indenture (Firstplus Investment Corp), Indenture (Firstplus Investment Corp), Indenture (Firstplus Investment Corp)

Treatment of Notes as Debt for Tax Purposes. The Issuer ------------------------------------------- shall, and shall cause the Administrator to, treat the Notes as indebtedness for all purposes.

Appears in 2 contracts

Samples: Indenture (Financial Asset Securities Corp), Indenture (Financial Asset Securities Corp)

Treatment of Notes as Debt for Tax Purposes. The Issuer shall, and shall cause the Securities Administrator and the Indenture Trustee to, treat the Notes as indebtedness for all federal, state and local tax purposes.

Appears in 1 contract

Samples: Indenture (HMB Acceptance Corp.)

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Treatment of Notes as Debt for Tax Purposes. The Issuer shall, and shall cause the Securities Administrator and the Indenture Trustee to, treat the Notes as indebtedness for all federal, state and local tax purposes.

Appears in 1 contract

Samples: Indenture (Homebanc Corp)

Treatment of Notes as Debt for Tax Purposes. The Issuer Issuing Entity shall, and shall cause the Administrator to, treat the Notes as indebtedness for all purposes.

Appears in 1 contract

Samples: Indenture (Bcap LLC)

Treatment of Notes as Debt for Tax Purposes. The ------------------------------------------- Issuer shall, and shall cause the Administrator to, treat the Notes as indebtedness for all purposes.

Appears in 1 contract

Samples: Indenture (Ace Securities Corp)

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