Common use of True Sales and/or Contributions Clause in Contracts

True Sales and/or Contributions. (a) Each of the ------------------------------- Originator and the Transferee intend the transactions hereunder to constitute true sales and/or true contributions of the Transferred Receivables, Related Security and Collections with respect thereto by the Originator to the Transferee providing the Transferee with all of the Originator's right, title and interest in and to the Transferred Receivables, Related Security and Collections with respect thereto, and no party hereto intends the transactions contemplated hereunder to be, or for any purpose (other than for purposes of federal or state income or franchise, sale and use or bulk sale taxes) to be characterized as, a loan from the Transferee to the Originator.

True Sales and/or Contributions. (a) Each of the Originator ------------------------------- Originator and the Transferee intend the transactions hereunder to constitute true sales and/or true contributions of the Transferred Receivables, Related Security and Collections with respect thereto by the Originator to the Transferee providing the Transferee with all of the Originator's right, title and interest in and to the Transferred Receivables, Related Security and Collections with respect thereto, and no party hereto intends the transactions contemplated hereunder to be, or for any purpose (other than for purposes of federal or state income or franchise, sale and use or bulk sale taxes) to be characterized as, a loan from the Transferee to the Originator.