Treatment. The Seller agrees to treat this conveyance as (i) an absolute transfer for tax purposes and (ii) a sale for all other purposes (including without limitation financial accounting purposes), in each case on all relevant books, records, tax returns, financial statements and other applicable documents.
Appears in 26 contracts
Sources: Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Owner Trust 2005-B)
Treatment. The Seller agrees to treat this conveyance as (i) an absolute transfer for tax purposes and (ii) a an sale for all other purposes (including without limitation financial accounting purposes), in each case on all relevant books, records, tax returns, financial statements and other applicable documents.
Appears in 3 contracts
Sources: Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Motor Credit Co), Purchase Agreement (Ford Credit Auto Receivables Two L P)
Treatment. The Seller agrees to treat this conveyance and each conveyance under the First Tier Subsequent Assignments as (i) an absolute transfer for tax purposes and (ii) a sale for all other purposes (including without limitation financial accounting purposes), in each case on all relevant books, records, tax returns, financial statements and other applicable documents.
Appears in 2 contracts
Sources: Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two L P)