Common use of Accounting for Sale Clause in Contracts

Accounting for Sale. No Originator will account for, or otherwise treat, the transactions contemplated hereby other than as a sale of Receivables or inconsistent with the Purchasers' ownership interests in the Receivables and Collections.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Arvinmeritor Inc), Purchase and Sale Agreement (Perkinelmer Inc)

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Accounting for Sale. No Originator will account for, or otherwise treat, the transactions contemplated hereby other than as a sale of Receivables or inconsistent with the Purchasers' ownership interests in the Receivables and Collections.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Albany International Corp /De/)

Accounting for Sale. No Originator will account for, or otherwise treat, the transactions contemplated hereby other than as a sale of Receivables or inconsistent with the Purchasers' ownership interests in the Receivables Related Security and Collections.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arvinmeritor Inc)

Accounting for Sale. No Originator will account for, or otherwise treat, the transactions contemplated hereby other than as a sale of Receivables or inconsistent with the Purchasers' ownership interests in the Receivables Related Security and Collections.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arvinmeritor Inc)

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Accounting for Sale. No Such Originator will not account for, or otherwise treat, treat the transactions contemplated hereby other than as a sale of Receivables or inconsistent with the Purchasers' Buyer’s (or the Agent’s as the Buyer’s assignee) ownership interests interest in the Receivables and Collections.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Usf Corp)

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