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.
Appears in 2 contracts
Sources: Factoring Agreement (Constellium Holdco B.V.), Factoring Agreement (Constellium Holdco B.V.)