High Quality Oil Company Receivables Sample Clauses

High Quality Oil Company Receivables. 1. Accounts receivable (net of all offsets, counterclaims, unresolved disputes or contras) where the account debtor is (i) rated at least A- or A3 with a stable outlook or better, and (ii) has been a customer for at least six months. $ 0 2. Rate of advance x 90%
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Related to High Quality Oil Company Receivables

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  • Sales of Receivables Sell, transfer, discount or otherwise dispose of notes, accounts receivable or other obligations owing to the Company or any Subsidiary of the Company, with or without recourse, except for collection in the ordinary course of business.

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