Common use of Issuer's Records Clause in Contracts

Issuer's Records. The books and records of the Issuer will disclose that the Depositor transferred the Receivables to the Issuer; provided, however, the Issuer acknowledges that the Receivables will appear as assets of the Contributor and its consolidated subsidiaries in the consolidated financial statements of the Contributor (which financial statements will include a footnote stating that the Receivables are not available to satisfy the Contributor's or the Depositor's creditors).

Issuer's Records. The books and records of the Issuer will disclose that the Depositor transferred the Receivables to the Issuer; provided, however, the Issuer acknowledges that the Receivables will appear as assets of the Contributor and its consolidated subsidiaries in the consolidated financial statements of the Contributor (which financial statements will include a footnote stating that the Receivables are not available to satisfy the Contributor's ’s or the Depositor's ’s creditors).