Common use of Separate Business Clause in Contracts

Separate Business. The Seller shall maintain separate corporate records and books of account from those of the Buyer. The Seller will not conduct its business in the name of the Buyer so as not to mislead others as to the identity of the entity with which those others are concerned.

Appears in 7 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement (Metris Master Trust), Receivables Purchase Agreement (HSBC Credit Card Master Note Trust (Usa) I)

AutoNDA by SimpleDocs

Separate Business. The Seller shall maintain separate corporate records and books of account from those of the Buyer. The Seller will not conduct its business in the name of the Buyer so as not to mislead others as to the identity of the entity with which those others are concerned.. Section 5.2

Appears in 1 contract

Samples: Metris Companies (Metris Receivables Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!