Common use of Factoring Fee Clause in Contracts

Factoring Fee. The Factoring Fee, for each Factoring Fee Period, computed from the end of the Initial Factoring Fee Period and (i) until the Late Payment Date or (ii) the date on which a Purchased Account is Closed, whichever is earliest.

Appears in 3 contracts

Sources: Factoring and Security Agreement, Factoring and Security Agreement (Wave Systems Corp), Factoring and Security Agreement (Sunvalley Solar, Inc.)