Common use of Sale of Contracts Clause in Contracts

Sale of Contracts. Each sale of Contracts pursuant to this Agreement shall be reflected on Seller's balance sheet and other financial statements as a sale of assets by Seller. Seller shall not take any action or omit to take any action which would cause the transfer of any Contract to Purchaser to be treated as anything other than a sale to Purchaser of all of Seller's right, title, and interest in and to such Contract.

Sale of Contracts. Each sale of Contracts pursuant to this Agreement shall be reflected on Seller's balance sheet and other financial statements as a sale of assets by Seller. Seller shall not take any action or omit to take any action which would cause the transfer of any Contract to Purchaser to be treated as anything other than a sale to Purchaser of all of Seller's right, title, title and interest in and to such Contract.