Treatment as Sales. Other than for tax and accounting purposes under GAAP, not account for or treat (whether in financial statements or otherwise) the transactions contemplated by the Purchase Agreement in any manner other than as the sale and/or absolute conveyance of Contracts and related assets by the Originator to the Borrower.
Treatment as Sales. The Seller shall not account for or treat (whether in financial statements or otherwise) the transactions contemplated by the Originator Purchase Agreement in any manner other than as the sale and/or absolute conveyance of Receivables by Medco to the Seller.
Treatment as Sales. Except as required by GAAP, the Borrower will not account for or treat (whether in financial statements or otherwise) the transactions contemplated by the Transfer Agreement in any manner other than as the sale and/or absolute conveyance of the Transferred Assets (as defined therein) by the Transferor to the Borrower (except that, in accordance with applicable tax principles, each transfer under the Transfer Agreement may be ignored for tax purposes).
Treatment as Sales. Except to the extent otherwise required under GAAP, such Seller shall not account for or treat (whether in financial statements or otherwise) the transactions contemplated by this Agreement in any manner other than as a sale and absolute conveyance of Receivables by such Seller to the Buyer (except that, in accordance with applicable tax principles, each Purchase may be ignored for tax reporting purposes).
Treatment as Sales. It will not account for or treat (whether in financial statements or otherwise) the transactions contemplated by the Purchase and Contribution Agreement and this Agreement in any manner other than as the sale and/or absolute conveyance of Receivables, except that such transactions will be treated under GAAP as a liability in the Parent’s consolidated financial statements. It (or Parent) shall not treat, for U.S. federal income tax purposes, the transactions under this Agreement in any manner other than the sale of debt obligations;
Treatment as Sales. The Originator shall not account for or treat (whether in financial statements or otherwise) the transactions contemplated by this Agreement in any manner other than as a sale and/or absolute conveyance of Receivables by the Originator to the Buyer.
Treatment as Sales. Not account for or treat (whether in financial statements or otherwise) the transactions contemplated by the Purchase Agreement in any manner other than as the sale and/or absolute conveyance of Receivables by Tampa Electric to the Borrower.
Treatment as Sales. Not account for or treat (whether in financial statements or otherwise) the transactions contemplated by this Agreement in any manner other than as the sale of Sold Receivables by such Originator to the Company.
Treatment as Sales. The parties hereto will not account for or treat (whether in financial statements, for U.S. federal income tax purposes or otherwise) the transactions contemplated by this Agreement in any manner other than as the purchase and sale of Sold Receivables. [SIGNATURE PAGES FOLLOW]
Treatment as Sales. The Borrower will not account for or treat (whether in financial statements or otherwise) the transactions contemplated by the Purchase Agreement in any manner other than as the sale and/or absolute conveyance of the Pool Loans by PMC to the Borrower.
