Common use of Purchase of Accounts Clause in Contracts

Purchase of Accounts. We shall purchase the Accounts for the gross amount of the respective invoices, less: factoring fees or charges, trade and cash discounts allowable to, or taken by, your customers, credits, cash on account and allowances ("Purchase Price"). Our purchase of the Accounts will be reflected on the Statement of Account (defined in section 10 below), which we shall render to you, which will also reflect all credits and discounts made available to your customers.

Appears in 10 contracts

Samples: Factoring Agreement (Innovo Group Inc), Factoring Agreement (Innovo Group Inc), Factoring Agreement (Cyber Merchants Exchange Inc)

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Purchase of Accounts. We shall purchase the Accounts for the gross amount of the respective invoices, less: factoring fees or charges, trade and cash discounts allowable to, or taken by, your customers, credits, cash on account and allowances ("Purchase Price"). Our purchase of the Accounts will be reflected on the Statement of Account (defined in section 10 below), which we shall render to you, which will also reflect all credits and discounts made available to your customers.

Appears in 3 contracts

Samples: Factoring Agreement (Joe's Jeans Inc.), Factoring Agreement (Chaus Bernard Inc), Fashion House Holdings Inc

Purchase of Accounts. We shall purchase the Accounts for the gross amount of the respective invoices, less: factoring fees or charges, trade and cash discounts allowable to, or taken by, your customers, credits, cash on account and allowances ("Purchase Price"). Our purchase of the Accounts will be reflected on the Statement of Account (defined in section Section 10 below), which we shall render to you, which will also reflect all credits and discounts made available to your customers.

Appears in 2 contracts

Samples: Factoring Agreement (American Telecom Services Inc), Factoring Agreement (American Telecom Services Inc)

Purchase of Accounts. We shall purchase the Accounts for the gross amount of the respective invoicesInvoices, less: factoring fees or charges, trade and cash discounts allowable to, or taken taken-by, your customers, credits, cash on account and allowances ("Purchase Price"). Our purchase of the Accounts will be reflected on the Statement of Account (defined in section 10 below), which we shall render to you, which will also reflect all credits and discounts made available to your customers.

Appears in 1 contract

Samples: Inventory Security Agreement (Waterford Wedgwood PLC)

Purchase of Accounts. We shall purchase the Accounts for the gross amount of the respective invoices, less: less our factoring fees or charges, trade and cash discounts allowable to, or taken by, your customers, credits, cash on account customers and credits and allowances ("Purchase Price"). Our purchase of the Accounts will be reflected on the Statement of Account (defined in section 10 below), which we shall render to you, which will also reflect all credits and discounts made available to your customers.

Appears in 1 contract

Samples: Stage Ii Apparel Corp

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Purchase of Accounts. We shall purchase the Accounts for the gross amount of the respective invoices, less: factoring fees or charges, trade and cash discounts allowable to, or taken by, your customers, credits, cash on account credits and allowances ("Purchase Price")allowances. Our purchase of the Accounts will be reflected on the Statement of Account (defined in section 10 below), which we shall render to you, which will also reflect all credits and discounts made available to your customers.

Appears in 1 contract

Samples: Factoring Agreement (Guilford Mills Inc)

Purchase of Accounts. We shall purchase the Accounts for the gross amount of the respective invoices, less: factoring fees or charges, trade and cash discounts allowable to, or taken by, your customers, credits, cash on account and allowances ("Purchase Price"'). Our purchase of the Accounts will be reflected on the Statement of Account (defined in section 10 below), which we shall render to you, which will also reflect all credits and discounts made available to your customers.

Appears in 1 contract

Samples: Factoring Agreement (Innovo Group Inc)

Purchase of Accounts. We shall purchase the Accounts for the gross amount of the respective invoices, less: factoring fees or charges, trade and cash discounts allowable to, or taken by, your customers, credits, cash on account and allowances ("Purchase Price"). Our purchase of the Accounts will be reflected on the Statement of Account (defined in section 10 0 below), which we shall render to you, which will also reflect all credits and discounts made available to your customers.

Appears in 1 contract

Samples: Factoring Agreement (Universal Security Instruments Inc)

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