Common use of Off-Balance Sheet Financing Clause in Contracts

Off-Balance Sheet Financing. No Group Company has factored, discounted or securitised any of its receivables, nor has it engaged in any financing of a type which would not be required to be shown or reflected in the Accounts.

Off-Balance Sheet Financing. No Group Company has factored, discounted or securitised any of its receivables, nor has it engaged in any financing of a type which would not be required to be shown or reflected in the Locked Box Accounts.

Off-Balance Sheet Financing. No Group Company has factored, discounted or securitised any of its receivables, nor has it engaged in any financing of a type which would not be required to be shown or reflected in the Accounts.

Off-Balance Sheet Financing. No Group Company has outstanding any loan capital, nor has it, other than in the ordinary course of business, factored, discounted or securitised any of its receivables, nor has it engaged in any financing of a type which would not be required to be shown or reflected in the Accounts.

Off-Balance Sheet Financing. No Group Company has factored, discounted or securitised any of its receivables, nor has it engaged in any financing of a type which would not be required to be shown or reflected in the AccountsAccounts or the Closing Management Accounts (as the case may be) or borrowed any money which it has not repaid.