Common use of Accounting of Purchases Clause in Contracts

Accounting of Purchases. Prepare any financial statements which shall account for the transactions contemplated hereby in any manner other than the sale of the Receivable Assets by such Seller to the Buyer or in any other respect account for or treat the transactions contemplated hereby (including but not limited to accounting purposes, but excluding U.S. tax reporting purposes) in any manner other than as a sale of the Receivable Assets by such Seller to the Buyer.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Crown Holdings Inc), Receivables Contribution and Sale Agreement (Crown Holdings Inc)

AutoNDA by SimpleDocs

Accounting of Purchases. Prepare any financial statements which shall account for the transactions contemplated hereby in any manner other than the sale of the Receivable Assets by such Seller to the Buyer or in any other respect account for or treat the transactions contemplated hereby (including but not limited to accounting purposes, but excluding U.S. tax reporting purposes) in any manner other than as a sale of the Receivable Assets by such Seller to the Buyer.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Chemtura CORP), Receivables Contribution and Sale Agreement (Crown Cork & Seal Co Inc)

Accounting of Purchases. Prepare any financial statements which shall account for the transactions contemplated hereby (other than capital contributions), in any manner other than the sale as sales of the Receivable Assets Purchased Receivables by such Seller to the Buyer Company or in any other respect account for or treat the transactions contemplated hereby (including but for accounting purposes and, where taxes are not limited to accounting purposesconsolidated, but excluding U.S. for tax reporting purposes, except as required by law) (other than capital contributions contemplated hereby) in any manner other than as a sale sales of the Receivable Assets Purchased Receivables by such Seller to the BuyerCompany.

Appears in 1 contract

Samples: Receivables Sale Agreement (General Cable Corp /De/)

Accounting of Purchases. Prepare any financial statements which shall account for the transactions contemplated hereby in any manner other than the sale as sales of the Receivable Assets Receivables by such Seller to the Buyer Company or in any other respect account for or treat the transactions contemplated hereby (including but not limited to for accounting purposes, but excluding U.S. tax reporting purposesexcept as required by law) in any manner other than as a sale sales of the Receivable Assets Receivables by such Seller to the BuyerCompany; provided however that this subsection shall not apply for any tax or tax accounting purposes.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Stone Container Corp)

Accounting of Purchases. Prepare any financial statements which ----------------------- shall account for the transactions contemplated hereby (other than capital contributions and the Note) in any manner other than the sale as sales of the Receivable Assets Purchased Receivables by such Seller the Company to the Buyer Purchaser or in any other respect account for or treat the transactions contemplated hereby (including but for accounting purposes and, where taxes are not limited to accounting consolidated, for tax purposes, but excluding U.S. tax reporting purposesexcept as required by law) (other than capital contributions and the Note) in any manner other than as a sale sales of the Receivable Assets by such Seller to the Buyer.Purchased

Appears in 1 contract

Samples: Sale and Servicing Agreement (Trans World Airlines Inc /New/)

Accounting of Purchases. Prepare any financial statements which shall account for the transactions contemplated hereby (other than capital contributions contemplated hereby) in any manner other than the sale as sales of the Receivable Assets Purchased Inventory by such Seller to the Buyer Purchaser or in any other respect account for or treat the transactions contemplated hereby (including but for accounting purposes and, where taxes are not limited to accounting purposesconsolidated, but excluding U.S. for tax reporting purposes) , except as required by law), other than capital contributions, in any manner other than as a sale sales of the Receivable Assets Purchased Inventory by such Seller to the BuyerPurchaser.

Appears in 1 contract

Samples: Contribution and Sale Agreement (LTV Corp)

Accounting of Purchases. Prepare any financial statements which shall account for the transactions contemplated hereby in any manner other than the sale as sales of the Receivable Assets Purchased Receivables by such Seller the Company to the Buyer Purchaser or in any other respect account for or treat the transactions contemplated hereby (including but for accounting purposes and, where taxes are not limited to accounting purposesconsolidated, but excluding U.S. for tax reporting purposes) , except as required by law, in any manner other than as a sale sales of the Receivable Assets Purchased Receivables by such Seller the Company to the BuyerPurchaser.

Appears in 1 contract

Samples: Receivable Transfer Agreement (Cluett American Corp)

AutoNDA by SimpleDocs

Accounting of Purchases. Prepare any financial statements which shall account for the transactions contemplated hereby in any manner other than the sale of the Receivable Assets by such Seller to the Buyer or in any other respect account for or treat the transactions contemplated hereby (including but not limited to accounting purposes, but excluding U.S. tax reporting purposes) in any manner other than as a sale of the Receivable Assets by such Seller to the Buyer.

Appears in 1 contract

Samples: Receivables Contribution and Sale Agreement (Worldcom Inc)

Accounting of Purchases. Prepare any financial statements which shall account for the transactions contemplated hereby (other than capital contributions contemplated hereby) in any manner other than the sale as sales of the Receivable Assets Purchased Receivables by such Seller to the Buyer Company or in any other respect account for or treat the transactions contemplated hereby (including but for accounting purposes and, where taxes are not limited to accounting purposesconsolidated, but excluding U.S. for tax reporting purposes, except as required by law) (other than capital contributions contemplated hereby) in any manner other than as a sale sales of the Receivable Assets Purchased Receivables by such Seller to the BuyerCompany.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Burlington Industries Inc /De/)

Accounting of Purchases. Prepare any financial statements which ----------------------- shall account for the transactions contemplated hereby in any manner other than the sale as sales of the Receivable Assets Purchased Receivables by such Seller to the Buyer Company or in any other respect account for or treat the transactions contemplated hereby (including but not limited to for accounting purposes, but excluding U.S. tax reporting purposesexcept as required by law) in any manner other than as a sale sales of the Receivable Assets Purchased Receivables by such Seller to the BuyerCompany; provided, however, that this subsection shall not apply for any tax or tax -------- ------- accounting purposes.

Appears in 1 contract

Samples: Receivables Sale Agreement (Waste Management Inc /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.