Accounting for Purchases. Seller will not account for or treat the transactions contemplated hereby in any manner other than as a sale of the Transferred Assets by such Seller to the Purchaser, in each case consistent with GAAP.
Appears in 3 contracts
Sources: Loan Sale Agreement (Blue Owl Capital Corp II), Loan Sale Agreement (Blue Owl Capital Corp II), Loan Sale Agreement (Blue Owl Capital Corp II)
Accounting for Purchases. Seller will not account for or treat the transactions contemplated hereby in any manner other than as a sale of the Transferred Assets (including a Participation therein) by such Seller to the Purchaser, in each case consistent with GAAPGAAP by such Seller to the Purchaser.
Appears in 2 contracts
Sources: Loan Sale Agreement (Blue Owl Capital Corp II), Loan Sale Agreement (Blue Owl Capital Corp II)
Accounting for Purchases. The Seller will not account for or treat the transactions contemplated hereby in any manner other than as a sale of the Transferred Assets (including a Participation therein) by such Seller to the Purchaser, in each case consistent with GAAPGAAP by such Seller to the Purchaser.
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Accounting for Purchases. The Seller will not account for or treat the transactions contemplated hereby in any manner other than as a the sale of for financial accounting purposes by the Transferred Assets by such Seller to the PurchaserBuyer of the Receivables sold and transferred by the Seller herein, together with the associated Related Security, except to the extent that such transactions are not recognized on account of consolidated financial reporting in each case consistent accordance with GAAPgenerally accepted accounting principles.
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