Common use of Accounting Treatment Clause in Contracts

Accounting Treatment. Notwithstanding Section 8.14 of the Agreement, the parties acknowledge that until such time as the Third Party Consents with respect to a Servicing Agreement are obtained, the parties shall treat the transaction hereunder with respect to such Servicing Agreement as a financing for accounting purposes.

Appears in 16 contracts

Samples: Assignment and Assumption Agreement (Ocwen Financial Corp), Assignment and Assumption Agreement (New Residential Investment Corp.), Master Servicing Rights Purchase Agreement (Ocwen Financial Corp)

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Accounting Treatment. Notwithstanding Section 8.14 of the Agreement, the parties acknowledge that until such time as the Third Party Consents with respect to a Servicing Agreement are obtained, the parties shall treat the transaction hereunder with respect to such the Servicing Agreement Rights as a financing for accounting purposes.

Appears in 7 contracts

Samples: www.sec.gov, Sale Supplement (Nationstar Mortgage Holdings Inc.), Sale Supplement (New Residential Investment Corp.)

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