Contribution Treatment. The Transferor will treat the transfer to the Issuer of the Leases and the Lease Receivables as a capital contribution and absolute assignment for tax reporting and accounting purposes.
Contribution Treatment. The Debtor shall not, and shall not permit AmeriCredit or AFC II to, account for (including for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Receivables Purchase Agreement in any manner other than as a contribution of Receivables by AmeriCredit or AFC II, as applicable, to the Debtor. In addition, the Debtor shall, and shall cause each of AmeriCredit and AFC II to, disclose (in a footnote or otherwise) in all of its respective financial statements (including any such financial statements consolidated with any other Persons' financial statements) the existence and nature of the transactions contemplated by the Master Receivables Purchase Agreement and the interest of the Debtor (in the case of AmeriCredit's or AFC II's financial statements) in the Affected Assets.
Contribution Treatment. AmeriCredit or AFC III shall not, ---------------------- and shall not permit the Debtor to account for (including for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Receivables Purchase Agreement in any manner other than as a contribution of Receivables by AmeriCredit or AFC III, as applicable, to the Debtor.
Contribution Treatment. AmeriCredit or AMC shall not, and shall not permit the Debtor to, account for (including for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Receivables Purchase Agreement in any manner other than as a contribution of Receivables by AmeriCredit or AMC, as applicable, to the Debtor. In addition, AmeriCredit or AMC shall, and shall cause the Debtor to, disclose (in a footnote or otherwise) in all of its respective financial statements (including any such financial statements consolidated with any other Persons’ financial statements) the existence and nature of the transactions contemplated by the Master Receivables Purchase Agreement and the interest of the Debtor (in the case of AmeriCredit’s or AMC’s financial statements) in the Affected Assets.
Contribution Treatment. AmeriCredit or AMC shall not, and shall not permit the Debtor to account for (including for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Receivables Purchase Agreement in any manner other than as a contribution of Receivables by AmeriCredit or AMC, as applicable, to the Debtor.
Contribution Treatment. The Debtor shall not, and shall not permit AmeriCredit or AFC II to account for (including for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Receivables Purchase Agreement in any manner other than as a contribution of Receivables by AmeriCredit or AFC II, as applicable, to the Debtor.
Contribution Treatment. 13 SECTION 3. ADMINISTRATION OF LEASES.........................................13
Contribution Treatment. AmeriCredit or AMTN shall not, and shall not permit the Debtor to, account for (including for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Receivables Purchase Agreement in any manner other than as a contribution of Receivables by AmeriCredit or AMTN, as applicable, to the Debtor. In addition, AmeriCredit or AMTN shall, and shall cause the Debtor to, disclose (in a footnote or otherwise) in all of its respective financial statements (including any such financial statements consolidated with any other Persons' financial statements) the existence and nature of the transactions contemplated by the Master Receivables Purchase Agreement and the interest of the Debtor (in the case of AmeriCredit's or AMTN's financial statements) in the Affected Assets.
Contribution Treatment. AmeriCredit shall not and, if either AWC or the Issuer shall produce separate financial statements, AWC and the Issuer shall not and AmeriCredit shall cause AWC and the Issuer not to, account for (except as required for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Receivables Purchase Agreement in any manner other than as a contribution of Receivables by AWC to the Issuer. In addition, AmeriCredit shall and, if either AWC or the Issuer shall produce separate financial statements, AWC and the Issuer shall and AmeriCredit shall cause AWC and the Issuer to, disclose (in a footnote or otherwise) in all of its financial statements (including any such financial statements consolidated with any other Persons’ financial statements) the existence and nature of the transactions contemplated by the Master Receivables Purchase Agreement and the interest of the Issuer (in the case of AmeriCredit’s or AWC’s financial statements) in the Affected Assets. Furthermore, AmeriCredit shall not and, if AWC shall produce separate financial statements, AWC shall not and AmeriCredit shall cause AWC not to, account for (except as required for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Sale and Contribution Agreement in any manner other than as a contribution of Receivables by AmeriCredit to AWC. In addition, AmeriCredit shall and, if AWC shall produce separate financial statements, AWC shall and AmeriCredit shall cause AWC to, disclose (in a footnote or otherwise) in all of its financial statements (including any such financial statements consolidated with any other Persons’ financial statements) the existence and nature of the transactions contemplated by the Master Sale and Contribution Agreement and the interest of AWC in the Affected Assets.
Contribution Treatment. AmeriCredit and AWC shall not, and shall not permit the Issuer to account for (except as required for accounting and tax purposes), or otherwise treat, the transactions contemplated by the Master Receivables Purchase Agreement in any manner other than as a contribution of Receivables by AWC to the Issuer.
