Applicable Tax State definition

Applicable Tax State means, as of any date, (i) any State in which the Owner Trustee maintains the Corporate Trust Office, (ii) any State in which the Owner Trustee maintains its principal executive offices and (iii) any State in which the Servicer regularly conducts servicing and collection activities (other than purely ministerial activities) with respect to a material portion of the Receivables.
Applicable Tax State means, as of any date, each of the following: (a) the State in which the Issuer is located, and (b) the States of Texas and Illinois.
Applicable Tax State means the State in which the Owner Trustee maintains its Corporate Trust Office, the State in which the Owner Trustee maintains its principal executive offices and the State of Michigan.

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.


More Definitions of Applicable Tax State

Applicable Tax State means, as of any date, each State as to which any of the following is then applicable: (a) a State in which the Owner Trustee maintains its Corporate Trust Office, (b) a State in which the Owner Trustee maintains its principal executive offices, and (c) the State of Texas.
Applicable Tax State means, as of any date of determination, each State as to which any of the following is then applicable:
Applicable Tax State means, as of any date of determination, each State as to which any of the following is then applicable: (a) a State in which the Owner Trustee maintains its Corporate Trust Office, (b) a State in which the Owner Trustee maintains its principal executive offices, and (c) the State of Michigan.
Applicable Tax State means, as of any date of determination, the State in which the Owner Trustee maintains its Corporate Trust Office.
Applicable Tax State means, as of any date of determination, each state as to which any of the following is then applicable: (a) a state in which the Owner Trustee maintains the Corporate Trust Office, (b) a state in which the Owner Trustee maintains its principal executive offices, and (c) a state in which the Servicer regularly conducts servicing and collection operations other than purely ministerial activities and which relate to a material portion of the Receivables. "APR" of a Receivable shall mean the annual percentage rate of interest stated in the Contract related to such Receivable. "Authorized Officer" shall mean any officer within the Corporate Trust Office of the Indenture Trustee or the Owner Trustee, as the case may be, including any vice president, assistant vice president, secretary, assistant secretary, financial services officer or any other officer of the Indenture Trustee or the Owner Trustee, as the case may be, customarily performing functions similar to those performed by any of the above designated officers and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer's knowledge of and familiarity with the particular subject and shall also mean, with respect to the Owner Trustee, any officer of the Administrator. "Available Funds" shall mean, for any Payment Date, an amount equal to (a) the sum of the following amounts with respect to the related Collection Period:
Applicable Tax State means, as of any date, each State as to which any of the following is then applicable: (a) the State in which the Issuer is located and (b) the State of Georgia.
Applicable Tax State means, as of any date of determination, each state as to which any of the following is then applicable: (a) the state in which the Trustee maintains its principal corporate trust office, (b) the state in which the Transferor maintains its principal executive offices, and (c) a state in which the Servicer regularly conducts servicing and collection operations which are not limited to ministerial activities and which relate to a material portion of the Receivables.