Receivables Purchasing Agreement definition
Examples of Receivables Purchasing Agreement in a sentence
Notwithstanding anything to the contrary contained in this subparagraph (ii), if any offset is to be made against a Balance Payment as contemplated by Clause (6) of the definition of Balance Payment, then Grantor shall remit funds representing the amount of such offset to ▇▇▇▇▇▇ in order to give effect to such offset as contemplated by section 5.01(i) of the Receivables Purchasing Agreement.
By ________________________________ Name: Title: [Date] Exhibit C Schedule of Eligible Receivables sold and purchased as of _________ Date of Type of Value (estimated) Aggregate Billing Due Payment Initial Related if necessary) of Debtor Amount Statement Date Term Installment* Security Related Security Capitalized terms used herein without definition have the meanings ascribed thereto in Exhibit A of the Receivables Purchasing Agreement between Western Publishing Company, Inc.
Servicer shall transfer an amount equivalent to the portion, if any, of the Repurchase Amount with respect to all Nonperforming Receivables repurchased in accordance with clause (B) of Section 5.01 (i) of the Receivables Purchasing Agreement from collections on Accounts that are not Purchased Receivables to ▇▇▇▇▇▇'▇ Account as soon as they are made available by the Lock Box Bank at which the Receivables Concentration Account is maintained.
Date: Your payment to us for the outstanding past due Approved Receivable account of (Customer) (Address of Customer) in the net amount of $ is hereby requested pursuant to the terms of the Amended and Restated Credit Approved Receivables Purchasing Agreement (the “Agreement”).
Date:__________________ Your payment to us for the outstanding past due Approved Receivable account of ___________________________(Customer)________________________________ (Address of Customer) in the net amount of $___________ is hereby requested pursuant to the terms of the Single Customer Credit Approved Receivables Purchasing Agreement (the "Agreement").
In taking any actions under this Section 6, ▇▇▇▇▇▇ shall at all times act in a commercially reasonable manner in light of the Maximum Secured Amount and the status of the transactions under the Receivables Purchasing Agreement.
Unless earlier terminated in accordance with the provisions of Section 2.01(c) and 5.02, this Servicing Agreement shall remain in effect until all payments due ▇▇▇▇▇▇ under the Receivables Purchasing Agreement have been made and the Receivables Purchasing Agreement has been terminated in accordance with the terms thereof.
Borrower has informed Agent and Lenders that it wishes to enter into the Single Customer Credit Approved Receivables Purchasing Agreement with The CIT Group Commercial Services, Inc.
Collectively, all of the documents described or referred to in this Section 2.11 with respect to any Purchased Receivables are referred to as "Receivable Documents." All Receivable Documents shall remain the property of ▇▇▇▇▇▇ so long as the Purchased Receivable relating thereto is outstanding or until the Purchased Receivable becomes a Nonperforming Receivable and is repurchased by Western in accordance with the terms of the Receivables Purchasing Agreement, if earlier.
As an inducement for Business Capital Providers to underwrite and enter into the Future Receivables Purchasing Agreement (“contract), I, ▇▇▇▇ ▇▇▇▇▇, Individually and as the personal guarantor of and for MOBIQUITY TECHNOLOGIES, INC.