UNITED STATES ACTIVITIES. Funding 2 will not engage in any activities in the United States (directly or through agents), will not derive any income from United States sources as determined under United States income tax principles and will not hold any property if doing so would cause it to be engaged or deemed to be engaged in a trade or business within the United States as determined under United States tax principles.
Appears in 10 contracts
Samples: Granite Master Issuer PLC, Intercompany Loan Agreement (Granite Finance Trustees LTD), Master Intercompany Loan Agreement (Permanent Funding (No. 2) LTD)
UNITED STATES ACTIVITIES. Funding 2 1 will not engage in any activities in the United States (directly or through agents), will not derive any income from United States sources as determined under United States income tax principles and will not hold any United States property if doing so would cause it to be engaged or deemed to be engaged in a trade or business within the United States as determined under United States tax principles.
Appears in 4 contracts
Samples: Intercompany Loan Agreement, Intercompany Loan Agreement, Intercompanyloan Agreement
UNITED STATES ACTIVITIES. Funding 2 represents to the Funding 2 Security Trustee that it will not engage in any activities in the United States (directly or through agents), will not derive any income from United States sources as determined under United States income tax principles and will not hold any property if doing so would cause it to be engaged or deemed to be engaged in a trade or business within the United States as determined under United States tax principles.
Appears in 3 contracts
Samples: Custody Agreement, www.lloydsbankinggroup.com, Permanent Funding (No. 2) LTD
UNITED STATES ACTIVITIES. Funding 2 represents and covenants that it will not engage in any activities in the United States (directly or through agents), will not derive any income from United States sources as determined under United States income tax principles and will not hold any property if doing so would cause it to be engaged or deemed to be engaged in a trade or business within the United States as determined under United States tax principles.
Appears in 1 contract
Samples: Permanent Funding (No. 2) LTD