Common use of Financial Statement Accounting Clause in Contracts

Financial Statement Accounting. Each Party acknowledges to the other that it is responsible for ensuring that the accounting treatment it has adopted for this Agreement and the transactions contemplated hereunder, complies with all relevant and applicable accounting and regulatory standards. Each Party must consult with its own accounting, tax and legal advisers to determine the proper accounting, tax and regulatory treatment for this Agreement and the transactions contemplated hereunder. A Party has no duty or responsibility to inquire, investigate or verify the accounting treatment which the other Party adopts.

Financial Statement Accounting. Each Party acknowledges to the other that it is responsible for ensuring that the accounting and tax treatment it has adopted for this Agreement Agreement, and the transactions contemplated hereunder, complies with all relevant and applicable accounting accounting, tax, and regulatory standardsstandards applicable to it. Each Party must consult with its own accounting, tax tax, and legal advisers to determine the proper accounting, tax tax, and regulatory treatment for this Agreement and the transactions contemplated hereunder. A Party has no duty or responsibility to inquire, investigate investigate, or verify the accounting treatment which the other Party adopts.

Financial Statement Accounting. Each Party acknowledges to the other that it is responsible for ensuring that the accounting and tax treatment it has adopted for this Agreement and the transactions contemplated hereunder, complies with all relevant and applicable accounting accounting, tax and regulatory standardsstandards applicable to it. Each Party must consult with its own accounting, tax and legal advisers to determine the proper accounting, tax and regulatory treatment for this Agreement and the transactions contemplated hereunder. A Party has no duty or responsibility to inquire, investigate or verify the accounting treatment which the other Party adopts.

Financial Statement Accounting. Each Party to this Agreement acknowledges to the other that it is responsible for ensuring that the accounting and tax treatment it has adopted for this Agreement and the transactions contemplated hereunder, complies with all relevant and applicable accounting accounting, tax and regulatory standardsstandards applicable to it. Each Party must consult with its own accounting, tax and legal advisers to determine the proper accounting, tax and regulatory treatment for this Agreement and the transactions contemplated hereunder. A Party has no duty or responsibility to inquire, investigate or verify the accounting treatment which the other Party adopts.