Common use of Accounting for Sales Clause in Contracts

Accounting for Sales. Except as otherwise required by law, -------------------- prepare any financial statements which shall account for the transactions contemplated hereby in any manner other than as a sale of the Receivables to the Purchaser or in any other respect account for or treat the transactions contemplated hereby (including for financial accounting purposes, except as required by law) in any manner other than as a sale of the Receivables to the Purchaser.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Huntsman Ici Chemicals LLC), Receivables Purchase Agreement (Huntsman Ici Holdings LLC)

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Accounting for Sales. Except as otherwise required by law, -------------------- prepare any financial statements which shall account for the transactions contemplated hereby in any manner other than as a sale of the Receivables to the Purchaser or in any other respect account for or treat the transactions contemplated hereby (including for financial accounting purposes, except as required by law) in any manner other than as a sale of the Receivables to the Purchaser.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Huntsman International LLC)

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Accounting for Sales. Except as otherwise required by law, -------------------- prepare any financial statements which that shall account for the transactions contemplated hereby in any manner other than as a sale of the Receivables to the Purchaser or in any other respect account for or treat the transactions contemplated hereby (including for financial accounting purposes, except as required by lawnecessary under any Requirement of Law) in any manner other than as a sale of the Receivables to the Purchaser.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Memec Inc)

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