Intended Tax Characterization definition

Intended Tax Characterization shall have the meaning specified in Section 4.02(b) of the Indenture.

Intended Tax Characterization is defined in Section 9.9.

Intended Tax Characterization has the meaning set forth in Section 2.05.

Examples of Intended Tax Characterization in a sentence

• The provisions of this Indenture shall be construed in furtherance of the Intended Tax Characterization.

• The parties hereto agree to report and otherwise to act for the purposes of all Taxes in a manner consistent with the Intended Tax Characterization.

• It is the intention of the parties hereto that, for the purposes of all Taxes, the transactions contemplated hereby shall be treated as a loan by the Purchasers (through the Agent) to the Seller that is secured by the Receivables (the "Intended Tax Characterization").

• Each of the Issuer, the Servicer, the Indenture Trustee, the Club Trustee and the Backup Servicer by entering into this Indenture, and each Noteholder by the purchase of a Note, agree to report such transactions for purposes of all taxes in a manner consistent with the Intended Tax Characterization, unless otherwise required by applicable law.

• The Issuer, the Servicer and the Indenture Trustee, by entering into this Indenture, and each Noteholder by the purchase of a Note, agree to report such transactions for purposes of all taxes in a manner consistent with the Intended Tax Characterization, unless otherwise required by applicable law.

More Definitions of Intended Tax Characterization

Intended Tax Characterization has the meaning specified in Section 2.05(b).

Intended Tax Characterization has the meaning specified in Section 10.03(h).

Intended Tax Characterization means the intended characterization of this Transaction for purposes of all Taxes as a loan by the Agent (on behalf of the Purchasers) or the Purchasers to the Seller that is secured by the Pool Assets.

Intended Tax Characterization shall have the meaning specified in Section 4.4(b) of the CSA.

Intended Tax Characterization has the meaning set forth in Section 12.4. “Interest” means for each day for each Lender, an amount equal to the product of the applicable Interest Rate multiplied by the Principal of such Lender, annualized on the basis set forth in Section 1.4. “Interest Rate” means (a) at all times prior to the occurrence and during the continuance of an Amortization Event, the sum of Adjusted Daily One Month Term SOFR (or, solely in the instances set

Intended Tax Characterization as specified in Section 4.4(b).

Intended Tax Characterization has the meaning set forth in Section 12.4. I-20 Credit and Security Agreement 756752741 23728593