Examples of Applicable Tax State in a sentence
Notwithstanding the foregoing, following the delivery to the Owner Trustee of an Opinion of Counsel to the effect that the elimination of restrictions on transfer will not cause the Trust to be taxable as a corporation for Federal income tax purposes or for purposes of the tax laws of any Applicable Tax State, this Agreement may be amended to modify or delete transfer restrictions in accordance with such Opinion of Counsel.
Notwithstanding the foregoing, following the delivery to the Owner Trustee of an Opinion of Counsel to the effect that the elimination of restrictions on transfer will not cause the Trust to be taxable as a corporation for federal income tax purposes or for purposes of the tax laws of any Applicable Tax State, this Agreement may be amended to modify or delete transfer restrictions in accordance with such Opinion of Counsel.
In addition, in the ordinary course of business, the Servicer may at any time delegate any duties hereunder to any other Person who agrees to conduct such duties in accordance with the Credit and Collection Policies; provided, however, that the delegation of such duties shall not materially adversely affect the taxability of the Trust under Applicable Tax State income tax law.
The Trustee shall, as promptly as possible after the giving of a Termination Notice, appoint a successor servicer (the "Successor Servicer"), and such Successor Servicer shall accept its appointment by a written assumption in a form acceptable to the Trustee ; provided, however, that 115 the Trustee shall not appoint a Successor Servicer if such appointment would materially adversely affect the taxability of the Trust Under Applicable Tax State income tax law.
In addition, we will assess whether levels of MRI and CSF markers change between 6 and 12 months after the ICH to decide which timepoint is most relevant for a larger study as in the subsequent study we aim to have one follow-up time point for a MRI and lumbar puncture.