Accounting of Purchases. Other than for tax and financial accounting purposes, the Borrower will 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 of the Collateral to the Borrower.
Appears in 2 contracts
Samples: Loan and Servicing Agreement (North Haven Private Income Fund LLC), Loan and Servicing Agreement (North Haven Private Income Fund LLC)
Accounting of Purchases. Other than for tax and financial consolidated accounting purposes, the Borrower it will not account for or treat (whether in financial statements or otherwise) the transactions contemplated by this its Sale Agreement in any manner other than as a sale of the Collateral Receivables and Related Security to the Borrowerit.
Appears in 2 contracts
Samples: Revolving Credit Agreement (CLST Holdings, Inc.), Revolving Credit Agreement (CLST Holdings, Inc.)
Accounting of Purchases. Other than for tax and consolidated accounting purposes, the Borrower will not account for or treat (whether in financial statements or otherwise) the transactions contemplated hereby in any manner other than as a sale of the Collateral by the Borrower to the Secured Parties. Other than for tax and consolidated accounting purposes, the Borrower will not account for or treat (whether in financial statements or otherwise) the transactions contemplated by this the Sale Agreement in any manner other than as a sale of the Collateral by the Originator to the Borrower.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Ares Capital Corp), Sale and Servicing Agreement (Ares Capital Corp)
Accounting of Purchases. Other than for tax and financial accounting purposespurposes or as otherwise required by law, the Borrower will not account for or treat (whether in financial statements or otherwise) the transactions acquisition of Loans contemplated by this Agreement in any manner other than as a sale of the Collateral to the Borrower.
Appears in 2 contracts
Samples: Loan and Servicing Agreement (Franklin BSP Lending Corp), Loan and Servicing Agreement (Business Development Corp of America)
Accounting of Purchases. Other than for tax and financial accounting purposes, the Borrower will not account for or treat (whether in financial statements or otherwise) the transactions contemplated by this the Sale Agreement in any manner other than as a sale of the Collateral to the Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (New Mountain Finance Corp)
Accounting of Purchases. Other than for tax and financial accounting purposes, the The Borrower will not account for or treat (whether in financial statements or otherwise) the transactions contemplated hereby in any manner other than as indebtedness of the Borrower to a Lender. The Borrower will not account for or treat (whether in financial statements or otherwise) the transaction contemplated by this the Purchase Agreement in any manner other than as a sale the sale, or absolute assignment, of the Collateral Assets by the Originator to the Borrower, as the case may be.
Appears in 1 contract
Accounting of Purchases. Other than for tax and financial consolidated accounting purposes, the Borrower will not account for or treat (whether in financial statements or otherwise) the transactions contemplated by this Agreement any Transfer Document in any manner other than as a sale of the Collateral by the Original Seller to the Borrower.
Appears in 1 contract
Accounting of Purchases. Other than for tax and financial consolidated accounting purposes, the Borrower will not account for or treat (whether in financial statements or otherwise) the transactions contemplated by this the Sale Agreement in any manner other than as a sale and/or contribution of the Collateral Receivables and Related Security to the BorrowerBorrower from the Originator.
Appears in 1 contract
Samples: Revolving Credit Agreement (Sparta Commercial Services, Inc.)
