Common use of Factoring Fee Clause in Contracts

Factoring Fee. Seller shall pay to Buyer upon purchase of Receivables by Buyer, a Factoring Fee (“Factoring Fee”), calculated by taking nine tenths of one percent (0.90%) of the gross face value of a Purchased Receivable for the first thirty (30) day period from the date said Purchased Receivable is first purchased by Buyer, and a Factoring Fee of three tenths of one percent (0.30%) per ten (10) days thereafter (“Fee Period”) until the date said Purchased Receivable is paid in full or otherwise repurchased by Seller or otherwise written off by Buyer within the Write Off Period.

Factoring Fee. Seller shall pay to Buyer upon purchase of Receivables by Buyer, a Factoring Fee (“"Factoring Fee”"), calculated by taking nine tenths one and thirty five hundredths of one percent (0.901.35%) of the gross face value of a Purchased Receivable for the first thirty (30) day period from the date said Purchased Receivable is first first: purchased by Buyer, and a Factoring Fee of three tenths forty five hundredths of one percent (0.300.45%) per ten (10) days thereafter (“Fee Period”) until the date said Purchased Receivable is paid in full lull or otherwise repurchased by Seller or otherwise written off by Buyer within the Write Off Period.

Factoring Fee. Seller shall pay to Buyer upon purchase of Receivables by Buyer, a Factoring Fee (“"Factoring Fee”"), calculated by taking nine tenths of one percent (0.90%) of the gross face value of a Purchased Receivable for the first thirty (30) day period from the date said Purchased Receivable is first purchased and multiplying it by Buyer, three and a Factoring Fee of three tenths of one half percent (0.303.5%) per ten (10) ). In the event the purchased invoice is not collected within 30 days from purchase, Seller shall pay to Buyer. an additional factoring fee of 0.001166 each day thereafter (“Fee Period”) on the gross value of the purchased receivable until the date said Purchased Receivable invoice is paid in full or otherwise repurchased by Seller or otherwise written off by Buyer within the Write Off Period.

Factoring Fee. Seller shall pay to Buyer upon purchase of Receivables by Buyer, a Factoring Fee (“Factoring Fee”), calculated by taking nine tenths forty five hundredths of one percent (0.900.45%) of the gross face value of a Purchased Receivable for the first thirty (30) day period from the date said Purchased Receivable is first purchased by Buyer, and a Factoring Fee of three tenths one quarter of one percent (0.300.25%) per ten fifteen (1015) days thereafter (“Fee Period”) until the date said Purchased Receivable is paid in full or otherwise repurchased by Seller or otherwise written off by Buyer within the Write Off Period.