Specific revocation Sample Clauses

Specific revocation. The Mandates cease to be applicable when a Transferred Receivable is Transferred Back to a French Seller or when a legal action is filed by the Factor under Clause 5.4. For the avoidance of doubt, in case of a Transfer-Back of a Transferred Receivable, Clause 7.8 shall not be applicable.
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Specific revocation. The Mandates shall cease to be effective with respect to any Relevant Receivable once the ownership of such receivable is transferred back to the Originator. This restitution shall take effect in accordance with the terms and conditions of the Contract or when the receivable is debited in the AR Facility Provider’s accounts and no remaining debit balance is due. 18-7 3 Upon notification of the revocation and in respect of any receivable title which has not been reassigned to the Originator in accordance with the provisions of article 16.4, if the Contract is continued notwithstanding the right of each Party to terminate the Contract pursuant to Article 33: The AR Facility Provider: - shall be responsible for the collection of all assigned receivables, including receivables assigned prior to the date of revocation of the Mandates, - shall promptly notify the Debtors of the assignment of the receivables by way of subrogation and prohibit them from paying the Originator, - shall send the original invoices to the Debtors, - shall increase the Guarantee Fund levy rate by ten points, - shall charge € 5 (excl. VAT) fixed cost per invoice. The Originator undertakes to include the following wording on its invoices: For the Domestic’s Sub-Account n° 00057, the form of the notice to Debtors is: The Originator undertakes to include the following wording on its invoices: “In order to be fully discharged of your obligation, your payment must be made directly to the order of GE Factofrance, Tour Facto, ▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, Tel.: +(33) (▇)▇.▇▇.▇▇.▇▇.▇▇ – GE Factofrance (RIB [bank identification number]: 13580 00001 00005708080 28), which will receive it by subrogation and must be informed of any claim against the present receivable”. For the Export’s Sub-Account n° 00062, the form of the notice to Debtors is: The Originator undertakes to include the following wording on its invoices: “In order to be fully discharged of your obligation, your payment must be made directly to the order of GE Factofrance, Tour Facto, ▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, Tel.: +(33) (▇)▇.▇▇.▇▇.▇▇.▇▇ – GE Factofrance (RIB [bank identification number]: 13580 00001 00006208080 36), which will receive it by subrogation and must be informed of any claim against the present receivable”. For the Majors & Board Rider’s Sub-Account n° 00075, the form of the notice to Debtors is: • For French Debtors The Originator undertakes to include the following wording on it...
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Specific revocation. The Mandates cease to be applicable when a Transferred Receivable is Transferred Back to the Company or when an Indemnification Claim is filed by the Company under Article 4.3.
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Specific revocation. The Mandates cease to be applicable when a Transferred Receivable is Transferred Back to a French Seller or when a legal action is filed by the Factor under Clause 5.4. For the avoidance of doubt, in case of a Transfer-Back of a Transferred Receivable, Clause 7.8 shall not be applicable. 7.8 Consequences of the revocation of the Mandates 7.8.1 Information of the Debtors, collection and cashing by the Factor (a) Upon revocation of the Mandates, the Factor may in relation to the relevant French Seller: (i) notify the Debtors, and any other third parties as the case may be, of the existence of this Agreement and the Assignment of the Transferred Receivables, and it shall restrain them from paying the French Sellers. Such notification shall be made under the form set out in Annex 4; (ii) address to the Debtors the originals of invoices obtained from such French Seller; (iii) ensure the collection of all Transferred Receivables, including Transferred Receivables assigned prior to the date of revocation of the Mandates; (iv) set the Holdback Reserve for all new Receivables to be Assigned as from the relevant revocation date, at the higher of (i) ten per cent (10%) of all Transferred Receivables outstanding, including VAT, less (A) the Specific Reserve and (B) the sums credited to the relevant Deferred Availability Accounts; (ii) the sum of ten per cent (10%) and the Average Dilution Rate of all Transferred Receivables outstanding, including VAT, less (A) the Specific Reserve and (B) the sums credited to the relevant Deferred Availability Accounts; and (iii) the minimum amount set out in Clause 8.4.2(b) below; (v) charge five Euros (EUR 5) of fixed servicing and notification costs per outstanding Transferred Receivable or Receivable to be Assigned as from the relevant revocation date (if any) by immediate debit of the Current Account. (b) As soon as the revocation of the Mandates becomes effective and in relation to any new Transferred Receivable (if any), the relevant French Seller shall include the following wording in its invoices: “La créance relative à la présente facture a été cédée à GE FACTOFRANCE SNC dans le cadre des articles L. 313-23 à L. 313-34 du Code monélaire et financier. Pour étre libératoire, votre réglement doit étre effectué directement à I’ordre de GE FACTOFRANCE Tour FACTO - ▇▇ ▇▇▇ ▇▇▇▇▇ - ▇▇▇▇▇ ▇▇ - ▇▇▇▇▇ LA DEFENSE CEDEX TEL: ▇▇.▇▇.▇▇.▇▇.▇▇ – GE FACTOFRANCE (RIB: [—]) qui ▇▇▇▇▇ être ▇▇▇▇▇ de toute réclamation relative à cette créance”. 7....
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Specific revocation 
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Related to Specific revocation

  • Revocation Elsevier or Copyright Clearance Center may deny the permissions described in this License at their sole discretion, for any reason or no reason, with a full refund payable to you. Notice of such denial will be made using the contact information provided by you. Failure to receive such notice will not alter or invalidate the denial. In no event will Elsevier or Copyright Clearance Center be responsible or liable for any costs, expenses or damage incurred by you as a result of a denial of your permission request, other than a refund of the amount(s) paid by you to Elsevier and/or Copyright Clearance Center for denied permissions. The following terms and conditions apply only to specific license types:

  • Review and Revocation Period Employee acknowledges that the Company has advised Employee that Employee may consult with an attorney of Employee’s own choosing (and at Employee’s expense) prior to signing this Release and that Employee has been given at least twenty-one (21) days during which to consider the provisions of this Release, although Employee may sign and return it sooner. Employee further acknowledges that Employee has been advised by the Company that after executing this Release, Employee will have seven (7) days to revoke this Release, and that this Release shall not become effective or enforceable until such seven (7) day revocation period has expired. Employee acknowledges and agrees that if Employee wishes to revoke this Release, Employee must do so in writing, and that such revocation must be signed by Employee and received by the Chairman of the Board of the Company (or the Chair of the Compensation Committee) no later than 5:00 p.m. Mountain Time on the seventh (7th) day after Employee has executed this Release. Employee acknowledges and agrees that, in the event that Employee revokes this Release, Employee will have no right to receive any benefits hereunder, including the Benefits. Employee represents that Employee has read this Release and understands its terms and enters into this Release freely, voluntarily and without coercion.

  • Revocation of License To the extent the Respondent engages in similar activity that was the basis for this Agreement, Respondent affirmatively consents to the immediate revocation of any impacted mortgage loan originator license. Respondent further agrees to waive his or her right to a hearing, and to any reconsideration, appeal, or other rights which may be afforded to contest the revocation of the impacted mortgage loan originator license under this provision.

  • Renewal Notice; Notification of Changes Subject to governing law, XOOM can renew this Agreement with new or revised Terms. XOOM will send you written notice at least (30) days before the end of the Term. The notice will specify the date by which you must advise XOOM if you do not want to renew your Agreement. If you do not advise XOOM by the specified date, this Agreement will automatically renew at the fixed rate or variable rate then in effect in accordance with the notice. XOOM reserves the right, with fifteen (15) days’ notice, to amend this Agreement to adjust its service to accommodate any change in regulations, law, tariff or other change in procedure required by any third party that may affect XOOM’s ability to continue to serve you under this Agreement.

  • Revocation Period Executive has the right to revoke this Agreement for up to seven days after he signs it. In order to revoke this Agreement, Executive must sign and send a written notice of the decision to do so, addressed to [NAME] at [INSERT TITLE, AND ADDRESS], and that written notice must be received by Company no later than the eighth day after Executive signed this Agreement. If Executive revokes this Agreement, Executive will not be entitled to any of the consideration from Company described in paragraph 2 above.