Common use of Agreements of Purchaser Clause in Contracts

Agreements of Purchaser. (a) The Purchaser will not commingle any of its assets with those of the Seller or the ultimate parent of the Purchaser.

Appears in 14 contracts

Samples: Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Owner Trust 2002-5), Purchase Agreement (Carmax Auto Receivables LLC)

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Agreements of Purchaser. (a) The Purchaser will not commingle any of its assets with those of the Seller or the ultimate parent of the Purchaser. (b) The Purchaser will maintain separate corporate records and books of account from those of the Seller or the ultimate parent of the Purchaser. (c) The Purchaser will conduct its business from an office separate from the Seller or the ultimate parent of the Purchaser. SECTION 6.15.

Appears in 3 contracts

Samples: Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Inc), Purchase Agreement (Mmca Auto Receivables Inc)

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