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

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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: Bank Receivables Purchase Agreement (Metris Receivables Inc)

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