Factoring Agreements definition
Factoring Agreements means those certain agreements set forth on Schedule 1.1(a) and provided to the Administrative Agent and its counsel, and all amendments, modifications, replacements, renewals and extensions thereof, providing for Xerium or any of its Subsidiaries to sell or otherwise dispose of any receivable:
Factoring Agreements means receivables purchase or factoring agreements entered into by one or more Camuto Entities and The CIT Group/Commercial Services, Inc. or other factor, as such agreements may be amended, modified, supplemented, restated or replaced from time to time; provided that, other than pursuant to an unsecured guaranty by the Company or any of its Subsidiaries of the obligations of one or more Camuto Entities thereunder, none of the Company or any Restricted Subsidiary thereof (other than any Camuto Entity) shall become party to any such agreement pursuant to any such agreement, amendment, modification, supplement, restatement or replacement. “Fair Market Value” means, with respect to any asset or property, the price which could be negotiated in an arm’s-length transaction, for cash, between a willing seller and a willing and able buyer, with neither party being compelled to buy or sell, and, with respect to any Mortgage, the amount as reasonably determined by Administrative Agent based upon any recent appraisal, broker assessment of value or real property Tax assessment. “FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code, and any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement, treaty or convention among Governmental Authorities entered into in connection with the implementation of the foregoing. “Fed Funds Rate” means the rate per annum (rounded upwards, if necessary, to the nearest one hundredth of one percent (1/100 of 1%)) equal to the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System on any day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided, however, that: (a) if the day for which such rate is to be determined is not a Business Day, the Fed Funds Rate for such day shall be such a rate on such transactions on the immediately preceding Business Day as so published on the next succeeding Business Day and (b) if the Fed Funds Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. “Fee Letter” means that certain fee letter, dated as of February 23,...
Factoring Agreements means collectively, the U.S. Factoring Agreements and the Foreign Factoring Agreements.
Examples of Factoring Agreements in a sentence
Seller acknowledges that CAM may from time to time agree to purchase additional Accounts from Seller which shall be evidenced by additional Factoring Agreements.
The principal terms contained in each of the Factoring Agreements are substantially similar.
The Directors are of the view that the terms of the Factoring Agreements are on normal commercial terms, are fair and reasonable and in the interests of the Company and its shareholders as a whole.
The terms of the Factoring Agreements (including factoring facilities, charge and interests) were reached among all parties after arm’s length negotiation, with reference to prevailing commercial practice.
The Factoring Agreements are entered into by the Company in the ordinary and usual course of business and is conducive to giving full play to the advantages of all parties.
More Definitions of Factoring Agreements
Factoring Agreements means (i) the Amended and Restated Factoring -------------------- Agreement dated as of September 25, 1997 between the Factor and Squire, (ii) the Factoring Agreement dated as of September 25, 1997 between the Factor and Miss ▇▇▇▇▇, and (iii) the Non-Notification Factoring Agreement dated as of June 18, 1998 between the Factor and ▇▇▇▇-▇▇, each as amended or otherwise modified from time to time.
Factoring Agreements the Factoring Agreement I and the Factoring Agreement II “Factoring Agreement I” the revolving factoring facility agreement entered into between the Company and the Factoring Bank on September 29, 2021 “Factoring Agreement II” the revolving factoring facility agreement entered into between the Company and the Factoring Bank on March 29, 2022
Factoring Agreements means, collectively, (a) that certain Accounts Receivable Purchase Agreement, dated as of September 27, 2012, between Parent, as purchaser, and JAKKS Hong Kong and the JAKKS Hong Kong Subsidiaries, as sellers, and (b) that certain Accounts Receivable Purchase Agreement, dated as of September 27, 2012, between Parent, as purchaser, and JAKKS Canada, as seller (each, a “Factoring Agreement”).
Factoring Agreements means collectively the (a) Professional Receivables Assignment Agreement, dated as of April 30, 1997, by and between Standard Products Industriel (n.k.a. ▇▇▇▇▇▇-Standard Automotive France S.A.S.) and Banque Francaise du Commerce Exterior (n.k.
Factoring Agreements means, collectively (a) that certain Factoring Agreement (contrat d’affacturage), dated as of October 30, 2008, by and between Eurofactor and the Company, and (b) that certain Factoring Agreement (contrat d’affacturage), dated as of October 30, 2008, by and between Eurofactor and Skis Dynastar SAS, French société par actions simplifiée that is wholly owned by the Company.
Factoring Agreements the Factoring Agreement II, the Factoring Agreement III and the Factoring Agreement IV “Factoring Agreement II” the revolving factoring facility agreement entered into between the Company and the Factoring Bank on November 19, 2020 “Factoring Agreement III” the revolving factoring facility agreement entered into between the Company and the Factoring Bank on March 12, 2021 “Factoring Agreement IV” the revolving factoring facility agreement entered into between the Company and the Factoring Bank on September 28, 2021 “Finance Lease Agreement V” The finance lease agreement entered into between the Company and a private enterprise located in Shanxi, the PRC, in respect of the lease assets such as production equipment of cathode materials for ternary batteries, the amount of undue lease receivables thereunder as at the date of Factoring Agreement II was RMB31,821,666 “Finance Lease Agreement VI” The finance lease agreement entered into between the Company and a private enterprise located in Jiangsu, the PRC, in respect of the lease assets such as HVAC manufacturing equipment, the amount of undue lease receivables thereunder as at the date of Factoring Agreement II was RMB50,476,061 “Finance Lease Agreement VII” The finance lease agreement entered into between the Company and a private enterprise located in Tianjin, the PRC, in respect of the lease assets such as orthopedic medical equipment, the amount of undue lease receivables thereunder as at the date of Factoring Agreement III was RMB23,019,722 “Finance Lease Agreement VIII” The finance lease agreement entered into between the Company and a private enterprise located in Anhui Province, the PRC, in respect of the lease assets of production equipment, the amount of undue lease receivables as at the date of this announcement is RMB45,035,148 “Finance Lease Agreement IX” The finance lease agreement entered into between the Company and a private enterprise located in Shaanxi Province, the PRC, in respect of the lease assets of new material production equipment, the amount of undue lease receivables as at the date of this announcement is RMB43,000,498 “independent third party(ies)” any individual or company not being the connected persons (as defined under the Listing Rules) of the Company, independent of the Company and its connected persons (as defined under the Listing Rules) and not connected with them “Lease Receivables V” the remaining lease rent under the Finance Lease Agreement V “Lease Receivables VI” th...
Factoring Agreements means receivables purchase or factoring agreements entered into by one or more Camuto Entities and The CIT Group/Commercial Services, Inc. or other factor, as such agreements may be amended, modified, supplemented, restated or replaced from time to time; provided that, amendments, modifications, restatements or replacements of the Factoring Agreements in effect on the Closing Date that are materially adverse to the interests of the Lenders shall be reasonably acceptable to the Administrative Agent; provided further that, other than pursuant to an unsecured guaranty by the Company or any of its Subsidiaries of the obligations of one or more Camuto Entities thereunder, none of the Company or any Restricted Subsidiary thereof (other than any Camuto Entity) shall become party to any such agreement pursuant to any such agreement, amendment, modification, supplement, restatement or replacement. “Fair Market Value” means, with respect to any asset or property, the price which could be negotiated in an arm’s-length transaction, for cash, between a willing seller and a willing and able buyer with neither party being compelled to buy or sell and, with respect to any Mortgage, the amount as reasonably determined by Administrative Agent based upon any recent appraisal, broker assessment of value or real property Tax assessment. “FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code, and any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement, treaty or convention among Governmental Authorities entered into in connection with the implementation of the foregoing. “Fed Funds Rate” means the rate per annum (rounded upwards, if necessary, to the nearest one hundredth of one percent (1/100 of 1%)) equal to the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System on any day, as published by the Federal 19 12572717