Common use of Financial Reporting/Tax Characterization Clause in Contracts

Financial Reporting/Tax Characterization. Lessee agrees to obtain advice from its own accountants and tax counsel regarding the financial reporting treatment and the tax characterization of the transactions described in the Operative Agreements. Lessee further agrees that Lessee shall not rely upon any statement of any Financing Party or any of their respective Affiliates and/or Subsidiaries regarding any such financial reporting treatment and/or tax characterization.

Appears in 26 contracts

Samples: Participation Agreement (Convergys Corp), Participation Agreement (Healthsouth Corp), Participation Agreement (Cypress Semiconductor Corp /De/)

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Financial Reporting/Tax Characterization. Lessee agrees to obtain advice from its own accountants and tax counsel regarding the financial reporting treatment and the tax characterization of the transactions described in the Operative Agreements. Lessee further agrees that Lessee shall not rely upon any statement of any Financing Party or any of their respective Affiliates and/or Subsidiaries regarding any such financial reporting treatment and/or tax characterization.. 50

Appears in 1 contract

Samples: Participation Agreement (Us Oncology Inc)

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Financial Reporting/Tax Characterization. Lessee agrees to obtain advice from its own accountants and tax counsel regarding the financial reporting treatment and the tax characterization of the transactions described in the Operative Agreements. Lessee further agrees that Lessee shall not rely upon any statement of any Financing Party or any of their respective Affiliates and/or Subsidiaries regarding any such financial reporting treatment and/or tax characterization.. Notwithstanding the provisions of this

Appears in 1 contract

Samples: Credit Agreement (Franklin Resources Inc)

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