Common use of Withholding Taxes; Information Reporting Clause in Contracts

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee of a grantor trust, shall exclude and withhold from each distribution of principal and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificates.

Appears in 6 contracts

Samples: Declaration and Agreement of Trust (Pg&e Funding LLC), Declaration and Agreement of Trust (Sce Funding LLC), Declaration and Agreement of Trust (Sce Funding LLC)

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Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee for the assets of a grantor trust, shall exclude and withhold from each distribution of principal and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificates.

Appears in 5 contracts

Samples: Certificate Indenture (Wmeco Funding LLC), Certificate Indenture (Wmeco Funding LLC), Certificate Indenture (Cl&p Funding LLC)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee of a grantor trust, shall exclude and withhold from each distribution of principal principal, premium, if any, and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders Certificate holders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificates.

Appears in 3 contracts

Samples: Declaration and Agreement of Trust (Sdg&e Funding LLC a De Limited Liability Co), Trust Agreement (Pg&e Funding LLC), Trust Agreement (Sce Funding LLC)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Pass-Through Trustee, as trustee of a grantor trust, shall exclude and withhold from each distribution of principal principal, premium, if any, and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Pass-Through Trustee agrees that it will (i) to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the CertificateholdersHolders of the Certificates, that it will (ii) to file any necessary withholding tax returns or statements when due, and that, (iii) as promptly as possible after the payment thereof, it will to deliver to each Certificateholder Holder of a Certificate appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders Holders may reasonably request from time to time. The Certificate Pass-Through Trustee agrees to file any other information reports as it may be required to file with respect under United States law. Any amounts withheld and paid to taxes. For a relevant taxing authority pursuant to this Section 7.15 shall be deemed to have been paid to the related Certificateholders for all purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, under the Certificate Trustee will separately set forth information reported with respect to each Series or Class of CertificatesOperative Documents.

Appears in 2 contracts

Samples: Pass Through Trust Agreement (Edison Mission Energy), Pass Through Trust Agreement (Edison Mission Energy)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee of a the grantor trusttrust created by this Agreement, shall exclude and withhold from each distribution of principal principal, premium, if any, and interest and other amounts due hereunder under this Agreement or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each such Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxesunder United States law. For purposes Each Certificateholder or Investor that is not a United States person within the meaning of reporting on Section 7701(a)(30) of the Internal Revenue Service Form 1041 (Code, as amended, by its acceptance of a Certificate or a beneficial interest therein, agrees to indemnify and hold harmless the Trust and the Trustee from and against any statement attached thereto) improper failure to withhold taxes from amounts payable to it or any successor form theretofor its benefit, other than an improper failure attributable to the Certificate Trustee will separately set forth information reported with respect to each Series gross negligence or Class willful misconduct of Certificatesthe Trustee.

Appears in 2 contracts

Samples: Pass Through Trust Agreement (America West Airlines Inc), Pass Through Trust Agreement (America West Airlines Inc)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee for the assets of a grantor trust, shall exclude and withhold from each distribution of principal and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders may reasonably request from time to time. The At the request of the Servicers, the Certificate Trustee agrees to execute on behalf of the Certificate Issuer and file any other information reports as it may be required to file with respect to taxes, including by reason of Treasury Regulations 1.671-5, such information reports to be prepared by the Servicers. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) (such Form 1041s and any statements attached thereto to be prepared by the Servicers), Internal Revenue Service Form 1099 (if applicable) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class Tranche of Certificates.

Appears in 2 contracts

Samples: Certificate Indenture (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Certificate Indenture (OE Funding LLC)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee for the assets of a grantor trust, shall exclude and withhold from each distribution of principal and interest and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders may reasonably request from time to time. The Certificate Trustee agrees to execute on behalf of the Certificate Issuer and file any other information reports as it may be required to file with respect to taxes, including by reason of Treasury Regulations 1.671-5. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto), Internal Revenue Service Form 1099 (if applicable) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class Tranche of Certificates.

Appears in 1 contract

Samples: Certificate Indenture (OE Funding LLC)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as trustee of a the grantor trusttrust created by this Agreement, shall exclude and withhold from each distribution of principal principal, premium, if any, and interest and other amounts due hereunder under this Agreement or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholders, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each such Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxesunder United States law. For purposes Each Certificateholder or Investor that is not a United States person within the meaning of reporting on section 7701(a)(30) of the Internal Revenue Service Form 1041 (Code, as amended, by its acceptance of a Certificate or a beneficial interest therein, agrees to indemnify and hold harmless the Trust and the Trustee from and against any statement attached thereto) improper failure to withhold taxes from amounts payable to it or any successor form theretofor its benefit, other than an improper failure attributable to the Certificate Trustee will separately set forth information reported with respect to each Series gross negligence or Class willful misconduct of Certificatesthe Trustee.

Appears in 1 contract

Samples: Pass Through Trust Agreement (America West Airlines Inc)

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Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Trustee, as ---------------------------------------- trustee of a each grantor trusttrust created by this Basic Agreement and the related Trust Supplement, shall exclude and withhold from each distribution of principal principal, premium, if any, and interest and other amounts due hereunder or under any Trust Supplement or under the Certificates of any series any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the CertificatesCertificates of any series, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the Certificateholdersholders of the Certificates of any series, that it will [Pass Through Trust Agreement] file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder holder of a Certificate of any series appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders holders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificatesunder United States law.

Appears in 1 contract

Samples: Pass Through Trust Agreement (General American Railcar Corp Ii)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- As to the Certificates of any class, the Trustee, as trustee of a the related grantor trusttrust created by this Agreement, shall exclude and withhold from each distribution of principal principal, Additional Payments, if any, and interest and other amounts due hereunder under this Agreement or under the Certificates of such class any and all withholding taxes applicable thereto as required by law. The Certificate Trustee agrees that it will to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the CertificatesCertificates of such class, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the CertificateholdersCertificateholders of such class, that it will shall file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will shall deliver to each such Certificateholder appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders of such class may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificatesunder United States law.

Appears in 1 contract

Samples: Pass Through Trust Agreement (United Air Lines Inc)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- As to the Certificates of any series, the Trustee, as trustee of a the related grantor trusttrust created by this Agreement, shall exclude and withhold from each distribution of principal principal, premium, if any, and interest and other amounts due hereunder or otherwise payable under this Agreement or under the Certificates of such series any and all withholding taxes applicable thereto as required by law. The Certificate parties agree to treat any distribution of proceeds from a Liquidity Facility for all U.S. federal income tax purposes as principal, premium, interest or other amount on an Equipment Note to the same extent as the relevant payment under an Equipment Note in respect of which such proceeds are distributed is treated. The Trustee agrees that it will to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the CertificatesCertificates of such series, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the CertificateholdersCertificateholders of such series, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each such Certificateholder of such series appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificatesunder United States law.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Fedex Corp)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- As to the Certificates of any series, the Trustee, as trustee of a the related grantor trusttrust created by this Agreement, shall exclude and withhold from each distribution of principal principal, premium, if any, and interest and other amounts due hereunder or otherwise payable under this Agreement or under the Certificates of such series any and all withholding taxes applicable thereto as required by law. Solely for purposes of determining whether any such withholding is required (and the amount thereof), any distribution of proceeds from a Liquidity Facility shall be treated as principal, premium, interest or other amount to the same extent as the relevant payment under an Equipment Note in respect of which such proceeds are distributed is treated. The Certificate Trustee agrees that it will to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the CertificatesCertificates of such series, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the CertificateholdersCertificateholders of such series, that it will file any necessary withholding tax returns or statements when due, and that, as promptly as possible after the payment thereof, it will deliver to each such Certificateholder of such series appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders may reasonably request from time to time. The Certificate Trustee agrees to file any other information reports as it may be required to file with respect to taxes. For purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, the Certificate Trustee will separately set forth information reported with respect to each Series or Class of Certificatesunder United States law.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Federal Express Corp)

Withholding Taxes; Information Reporting. The Certificate ---------------------------------------- Pass Through Trustee, as trustee of a grantor trusttrustee, shall exclude and withhold from each distribution of principal and principal, Make Whole Premium, if any, or interest on the Lessor Notes, and other amounts due hereunder or under the Certificates any and all withholding taxes applicable thereto as required by law. The Certificate Pass Through Trustee agrees that it will (a) to act as such withholding agent and, in connection therewith, whenever any present or future taxes or similar charges are required to be withheld with respect to any amounts payable in respect of the Certificates, to withhold such amounts and timely pay the same to the appropriate authority in the name of and on behalf of the CertificateholdersHolders of the Certificates, (b) that it will file any necessary withholding tax returns or statements when due, and (c) that, as promptly as possible after the payment thereof, it will deliver to each Certificateholder Holder of a Certificate appropriate documentation showing the payment thereof, together with such additional documentary evidence as such Certificateholders Holders may reasonably request from time to time. The Certificate Pass Through Trustee agrees to file any other information reports as it may be required to file with respect under United States law. Any amounts withheld and paid to taxes. For a relevant taxing authority pursuant to this Section 6.15 shall be deemed to have been paid to the related Certificateholders for all purposes of reporting on Internal Revenue Service Form 1041 (and any statement attached thereto) or any successor form thereto, under the Certificate Trustee will separately set forth information reported with respect to each Series or Class of CertificatesOperative Documents.

Appears in 1 contract

Samples: Pass Through Trust Agreement (Firstenergy Corp)

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