Identifiable Assets. The Seller's assets will not be commingled with those of any LOL Company, and the Seller maintains and shall maintain separate bank accounts and books of account from those of the LOL Companies. The separate assets and liabilities of the Seller are readily distinguishable from those of the LOL Companies, and the separate assets and liabilities of the Seller and the LOL Companies can be quickly and inexpensively identified and ascertained.
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Sources: Receivables Purchase Agreement (Land O Lakes Inc), Receivables Purchase Agreement (Land O Lakes Inc)
Identifiable Assets. The Seller's ’s assets will not be commingled with those of any LOL Company, and the Seller maintains and shall maintain separate bank accounts and books of account from those of the LOL Companies. The separate assets and liabilities of the Seller are readily distinguishable from those of the LOL Companies, and the separate assets and liabilities of the Seller and the LOL Companies can be quickly and inexpensively identified and ascertained.
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