Common use of Accounting for Sale Clause in Contracts

Accounting for Sale. Except as provided in Section 9.9, the Seller will not, and will not permit the Originator to, account for, or otherwise treat, the transactions contemplated hereby other than as a sale of Receivables or inconsistent with the Agent’s ownership interest in the Receivables and Collections.

Appears in 3 contracts

Samples: Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises, Inc.)

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Accounting for Sale. Except as provided in Section 9.9, the Seller will not, and will not permit the Originator to, account for, or otherwise treat, the transactions contemplated hereby other than as a sale of Receivables or inconsistent with the Agent’s 's ownership interest in the Receivables and Collections.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises Inc)

Accounting for Sale. Except as provided in Section 9.9, the Seller will not, and will not permit the any Originator to, account for, or otherwise treat, the transactions contemplated hereby by the Transaction Documents other than as a sale or other absolute transfer of Receivables or inconsistent with the Agent’s ownership interest in the Receivables and Collections.

Appears in 1 contract

Samples: Receivables Sale Agreement (Chemtura CORP)

Accounting for Sale. Except as provided in Section 9.9, the Seller will not, and will not permit the any Originator to, account for, or otherwise treat, the transactions contemplated hereby by the Transaction Documents other than as a sale of Receivables or inconsistent with the Agent’s 's ownership interest in the Receivables and Collections.

Appears in 1 contract

Samples: Receivables Sale Agreement (Chemtura CORP)

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Accounting for Sale. Except as provided in Section 9.99.10, the Seller will not, and will not permit the Originator to, account for, or otherwise treat, the transactions contemplated hereby other than as a sale of Receivables or inconsistent with the Agent’s ownership 's or the Purchaser's interest in the Receivables and Collectionsany Eligible Receivable.

Appears in 1 contract

Samples: Receivables Sale Agreement (World Color Press Inc /De/)

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