Common use of Assignment and Sale Clause in Contracts

Assignment and Sale. 1.1.1. Seller shall offer to sell to Purchaser as absolute owner, with full recourse, such of Seller’s Accounts as submitted to Purchaser for purchase.

Appears in 2 contracts

Samples: Financing and Security Agreement (Sito Mobile, Ltd.), Financing and Security Agreement (LOCAL Corp)

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Assignment and Sale. 1.1.1. 2.1.1 Seller shall offer agrees to sell to Purchaser as absolute owner, with full recourse, such of Seller’s Seller Accounts as submitted offered to Purchaser for purchasesale and that are approved by Purchaser as Eligible Accounts, at a price equal to the Purchase Price for such Accounts (which shall be reduced by the Discount, Additional Discount, and Delay Discount, as applicable).

Appears in 1 contract

Samples: Accounts Receivable Purchasing Agreement (Edible Garden AG Inc)

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