Common use of Disclosure of the Transactions Clause in Contracts

Disclosure of the Transactions. The annual financial statements of the ------------------------------ Depositor will disclose the effects of the Transactions in accordance with generally accepted accounting principles. The transfer of the Loans by its stockholder to the Depositor pursuant to the Purchase Agreement will be treated as a purchase by the Depositor under generally accepted accounting principles. In particular, the financial statements of the Depositor will clearly indicate its existence separate from its stockholder and will reflect its separate assets and liabilities. None of such financial statements, nor any consolidated financial statements for its stockholder, will suggest in any way that the assets of the Depositor are available to pay the claims of creditors of its stockholder or any other entity. Any consolidated financial statements of its stockholder and its subsidiaries prepared for the benefit of third parties will disclose, through appropriate footnotes or otherwise, the separate corporate existence of the Depositor.

Disclosure of the Transactions. The annual financial statements of the ------------------------------ Depositor will disclose the effects of the Transactions in accordance with generally accepted accounting principles. The transfer of the Loans by its stockholder to the Depositor pursuant to the Purchase Agreement will be treated as a purchase by the Depositor under generally accepted accounting principles. In particular, the financial statements of the Depositor will clearly indicate its existence separate from its stockholder and will reflect its separate assets and liabilities. None of such financial statements, nor any consolidated financial statements for its stockholder, will suggest in any way that the assets of the Depositor are available to pay the claims of creditors of its stockholder or any other entity. Any consolidated financial statements of its stockholder and its subsidiaries prepared for the benefit of third parties will disclose, through appropriate footnotes or otherwise, the separate corporate existence of the Depositor.