Sale Characterization. For accounting purposes, Seller shall not account for the transactions contemplated by this Agreement in any manner other than, with respect to the sale or contribution, as applicable, of each of the Transferred Receivables, as a true sale and/or absolute assignment of its full right, title and ownership interest in the related Transferred Assets to Buyer. Seller shall also maintain its records and books of account in a manner which clearly reflects each such sale or contribution of the Transferred Receivables to Buyer.
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Samples: Nbcu Receivables Sale and Contribution Agreement (NBCUniversal Media, LLC), Nbcu Receivables Sale and Contribution Agreement (NBCUniversal Media, LLC)
Sale Characterization. For accounting purposes, Seller shall not account for the transactions contemplated by this Agreement in any manner other than, with respect to the sale or contribution, as applicable, contribution of each of the Transferred ReceivablesReceivable, as a true sale and/or absolute assignment of its full right, title and ownership interest in the related Transferred Assets to Buyer. Seller shall also maintain its records and books of account in a manner which clearly reflects each such sale or contribution of the Transferred Receivables to Buyer.
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Samples: Receivables Sale Agreement (Synchrony Card Issuance Trust), Receivables Sale Agreement
Sale Characterization. For accounting purposes, to the extent consistent with GAAP, such Seller shall not account for the transactions contemplated by this Agreement in any manner other than, with respect to the sale or contribution, as applicable, of each of the Transferred ReceivablesReceivable, as a true sale and/or and absolute assignment of its full right, title and ownership interest in the related Transferred Assets to Buyer. Such Seller shall also maintain its records and books of account in a manner which clearly reflects each such sale or contribution of the Transferred Receivables to Buyer.
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Sale Characterization. For accounting purposes, Seller shall not account for the transactions contemplated by this Agreement in any manner other than, with respect to the sale or contribution, as applicable, of each of the Transferred ReceivablesReceivable, as a true sale and/or and absolute assignment of its full right, title and ownership interest in the related Transferred Assets to Buyer. Seller shall also maintain its records and books of account in a manner which clearly reflects each such sale or contribution of the Transferred Receivables to Buyer.
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Sale Characterization. For accounting purposes, no Seller shall not account for the transactions contemplated by this Agreement in any manner other than, with respect to the sale or contribution, as applicable, of each of the Transferred ReceivablesReceivable, as a true sale and/or and absolute assignment of its full right, title and ownership interest in the related Transferred Assets to Buyer. Seller Sellers shall also maintain its their respective records and books of account in a manner which clearly reflects each such sale or contribution of the Transferred Receivables to Buyer.
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