Common use of Securitization Opinions Clause in Contracts

Securitization Opinions. The Purchaser shall have received the Securitization Opinions, in form and substance reasonably satisfactory to the Purchaser, and a letter authorizing the Purchaser to provide copies of such opinions to its auditors solely as an evidential matter in support of the auditors’ evaluation of management’s assertion that the transfer of the Acquired Assets meets the isolation criterion of ASC 860.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Target Corp)

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Securitization Opinions. The Purchaser Sellers shall have received the Securitization Opinions, in form and substance reasonably satisfactory to the PurchaserSellers, and a letter authorizing the Purchaser Seller to provide copies of such opinions to its auditors solely as an evidential matter in support of the auditors’ evaluation of management’s assertion that the transfer of the Acquired Assets meets the isolation criterion of ASC 860.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Target Corp)

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