Common use of Accounting Treatment Clause in Contracts

Accounting Treatment. The Company will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ownership interest in the Receivables.

Appears in 3 contracts

Samples: Receivables Sale Agreement (Lifestyle Furnishings International LTD), Receivables Sale Agreement (Ingram Micro Inc), Receivables Sale Agreement (Waste Management Inc /De/)

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Accounting Treatment. The Except to the extent otherwise -------------------- required by law, the Company will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ownership interest in the Receivables.

Appears in 2 contracts

Samples: Contribution Agreement (Huntsman Ici Chemicals LLC), Contribution Agreement (Huntsman Ici Holdings LLC)

Accounting Treatment. The Except to the extent otherwise required by law or accounting rules, the Company will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ’s ownership interest in the ReceivablesContributed Receivables and the Company’s grant to the Collateral Agent of a security interest therein.

Appears in 2 contracts

Samples: European Contribution Agreement (Huntsman CORP), Contribution Agreement (Huntsman CORP)

Accounting Treatment. The Except to the extent otherwise required by law, the Company will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ’s ownership interest in the Contributed Receivables.

Appears in 1 contract

Samples: Contribution Agreement (Huntsman International LLC)

Accounting Treatment. The Company It will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ownership interest in the Receivables.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Burlington Industries Inc /De/)

Accounting Treatment. The Company will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ownership interest in the Receivables.

Appears in 1 contract

Samples: Receivables Sale Agreement (American Axle & Manufacturing Inc)

Accounting Treatment. The Except to the extent otherwise required by law or accounting rules, the Company will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ownership interest in the ReceivablesContributed Receivables and the Company's grant to the Collateral Agent of a security interest therein.

Appears in 1 contract

Samples: European Contribution Agreement (Huntsman International LLC)

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Accounting Treatment. The Company It will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ownership interest in the Receivables.

Appears in 1 contract

Samples: Receivables Sale Agreement (Lifestyle Furnishings International LTD)

Accounting Treatment. The Except to the extent otherwise required by law, the Company will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ’s ownership interest in the Receivables.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Memec Inc)

Accounting Treatment. The Company will not prepare any financial statements that shall account for the transactions contemplated hereby, nor will it in any other respect (other than for tax purposes) account for the transactions contemplated hereby, in a manner that is inconsistent with the Company's ownership owner ship interest in the Receivables.

Appears in 1 contract

Samples: Receivables Sale Agreement (American Axle & Manufacturing Holdings Inc)

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