Common use of Sale Accounting Clause in Contracts

Sale Accounting. The Seller will treat each transfer of the Sold Assets to the Issuer as a sale for legal purposes, but not for accounting purposes.

Appears in 3 contracts

Samples: Asset Transfer Agreement (FS Investment Corp II), Asset Transfer Agreement (FS Investment CORP), Asset Transfer Agreement (FS Investment CORP)

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Sale Accounting. The Seller Issuer will treat each the transfer of the Sold Assets to the Issuer it as a sale purchase for legal purposes, but not for accounting purposes.

Appears in 3 contracts

Samples: Asset Transfer Agreement (FS Investment Corp II), Asset Transfer Agreement (FS Investment CORP), Asset Transfer Agreement (FS Investment CORP)

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