Common use of Effectiveness of Sale to Buyer Clause in Contracts

Effectiveness of Sale to Buyer. Effective upon Buyer's payment of an Advance, and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's right, title and interest in and to each Purchased Receivable and all proceeds thereof.

Appears in 5 contracts

Samples: Factoring Agreement (Monster Digital, Inc.), Factoring Agreement Terms, Factoring Agreement Terms

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Effectiveness of Sale to Buyer. Effective upon BuyerXxxxx's payment of an Advance, and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's right, title and interest in and to each Purchased Receivable and all proceeds thereof.

Appears in 3 contracts

Samples: Factoring Agreement Terms, Factoring Agreement Terms, Factoring Agreement Terms

Effectiveness of Sale to Buyer. Effective upon Buyer's ’s payment of an Advance, and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's ’s right, title and interest in and to each Purchased Receivable and all proceeds thereof.

Appears in 2 contracts

Samples: Factoring Agreement, Factoring Agreement (Stellar Acquisition III Inc.)

Effectiveness of Sale to Buyer. Effective upon Buyer's payment of an Advance, and for and in consideration therefore and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's right, title and interest in and to each Purchased Receivable and all proceeds thereofmonies due or which may become due on or with respect to such Purchased Receivable.

Appears in 2 contracts

Samples: Special Power of Attorney (Intelligent Highway Solutions, Inc.), Factoring Agreement (SSP Solutions Inc)

Effectiveness of Sale to Buyer. Effective upon Buyer's ’s payment of an Advance, and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's ’s right, title and interest in and to each Purchased Receivable and all proceeds thereof.

Appears in 1 contract

Samples: Factoring Agreement (MR2 Group, Inc.)

Effectiveness of Sale to Buyer. Effective upon ------------------------------ Buyer's payment of an Advance, and for and in consideration therefore and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's right, title and interest in and to each Purchased Receivable and all proceeds thereof.monies due or which may become due on or with respect to such Purchased Receivable. 2.4

Appears in 1 contract

Samples: Factoring Agreement (MRL Inc)

Effectiveness of Sale to Buyer. Effective upon Buyer's payment of an Advance, For and in consideration of the covenants of this Agreement, Seller will have hereby absolutely soldsells, transferred transfers and assigned assigns to Buyer, all of Seller's right, title ’s rights and interest in and to each Purchased Receivable and all proceeds thereof.monies due or which may become due on or with respect to such Receivable for the purchase price identified in “Exhibit A” attached hereto (“Purchase Price”), payable as follows:

Appears in 1 contract

Samples: Retail Installment Contract Receivable (Avangard Capital Group, Inc)

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Effectiveness of Sale to Buyer. Effective upon BuyerXxxxx's payment of an Advance, and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's right, title and interest in and to each Purchased Receivable applicable to such Advance and all proceeds thereof.

Appears in 1 contract

Samples: Factoring Agreement (Recruiter.com Group, Inc.)

Effectiveness of Sale to Buyer. Effective upon Buyer's payment of an Advance, and for and in consideration therefore and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's right, title and interest in and to each Purchased Receivable and all proceeds thereof.monies due or which may become due on or with respect to such Purchased Receivable. 2.4

Appears in 1 contract

Samples: Factoring Agreement (Rose Group of Nevada)

Effectiveness of Sale to Buyer. Effective upon Buyer's payment of an Advance, and for and in consideration therefor and in consideration of the covenants of this Agreement, Seller will have absolutely sold, transferred and assigned to Buyer, all of Seller's right, title and interest in and to each Purchased Receivable and all proceeds thereofmonies due or which may become due on or with respect to such Purchased Receivable.

Appears in 1 contract

Samples: Accounts Receivable and Trade Financing Purchase and Security Agreement (Sealife Corp)

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