FACTORING AGREEMENTFactoring Agreement • April 30th, 2008 • Remedent, Inc. • Dental equipment & supplies • California
FIRST COMMUNITY FINANCIAL VALIDITY AGREEMENTFirst Community Financial • April 30th, 2008 • Remedent, Inc. • Dental equipment & supplies
To induce First Community Financial, a division of Pacific Western Bank (“Factor”) to enter into that certain Factoring Agreement dated April 24, 2008, as amended from time to time, (the “Factoring Agreement”) with Remedent, Inc., a Nevada corporation (“Assignor”), and in consideration of any and all loans, advances, and/or financial accommodations heretofore or hereafter made or granted by Factor to or for the account of Assignor, the undersigned (“Principal”) does hereby agree as follows:
