Obligation to Record and Report. The Seller will treat the purchase of the Receivables Trust Certificate as a sale or secured financing for tax and financial accounting purposes (as required by GAAP) and as a sale for all other purposes (including, without limitation, legal and bankruptcy purposes), on all relevant books, records, tax returns, financial statements and other applicable documents.
Appears in 13 contracts
Samples: Purchase and Sale Agreement (Conns Inc), Purchase and Sale Agreement (Conns Inc), Purchase and Sale Agreement (Conns Inc)