Common use of Accounting for Purchases Clause in Contracts

Accounting for Purchases. The Originator shall not account for or treat (whether in financial statements or otherwise) the transactions contemplated hereby in any manner other than as sales of the Receivables and Related Rights by the Originator to the Buyer.

Appears in 2 contracts

Samples: Master Agreement of Sale (Warnaco Group Inc /De/), Master Agreement of Sale (Warnaco Group Inc /De/)

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Accounting for Purchases. The Originator shall not account for or treat (whether in financial statements or otherwise) the transactions contemplated hereby in any manner other than as sales of the Receivables and Related Rights by the Originator to the BuyerAssignee.

Appears in 1 contract

Samples: Receivables Sale Agreement (Johnsondiversey Holdings Inc)

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Accounting for Purchases. The Originator shall not, and shall not permit any Affiliate to, account for or treat (whether in financial statements or otherwise) the transactions contemplated hereby in any manner other than as sales the sale of the Receivables and Related Rights Security by the Originator to the Buyer.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Amkor Technology Inc)

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