Relevant Receivables definition

Relevant Receivables means the Receivables (i) which are eligible for assignment to the Factor, in accordance with the eligibility criteria and procedures specified in Clause 3.1 and Clause 3.3 (as the case may be); and (ii) which shall not be Excluded Receivables.
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Relevant Receivables means any and all present and future, actual or contingent, Receivables of the German Seller against any Debtor whose invoice address is in Germany.
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Examples of Relevant Receivables in a sentence

  • On the terms and subject to the conditions of this Agreement, each French Seller may offer to assign (and the Factor undertakes to accept to purchase) all Relevant Receivables arising from time to time, provided that each French Seller shall, subject to the terms hereof, either provide the Factor with, or make available to the Factor, the invoices evidencing such Relevant Receivables.

  • Any future Relevant Receivables shall automatically pass over to the Purchaser on the date such Relevant Receivables arise.

  • Each Seller shall, upon the Bank's reasonable request, arrange, at the Seller's cost, for an audit of the Relevant Receivables originated by it and the collection procedures applying in relation to such Relevant Receivables (provided that the Bank may not make such a request more than once in any period of 12 months).

  • The Company undertakes to provide the Factor with relevant invoices at its reasonable request, as soon as reasonably practicable, but no later than 7 Business Days after such request, together with any other documents evidencing the Relevant Receivables.

  • The Company shall, for the purposes of assignment, present the Relevant Receivables to the Factor and, as further specified below, it shall either provide the Factor with, or make available to the Factor, the information evidencing such Relevant Receivables as specified in Article 4.1.1.2, subject to the restrictions therein.

  • Remittances of invoices relating to Relevant Receivables by the Company to the Factor shall be made up to a maximum of twice a week.

  • Criteria for Relevant Receivables and Eligible Transferred Receivables Part I - Relevant Receivables Part II -Eligible Transferred Receivables 3.

  • In case the German Seller receives any kind of cheques (Schecks) or bills of exchange (Wechsel) for the settlement of any assigned Relevant Receivables, all rights and claims in respect of such cheques or bills of exchange are hereby assigned to the Purchaser.

  • Upon demand, the German Seller shall provide the Purchaser with any appropriate notarial power of attorney in order to protect the Purchaser’s interest in the Relevant Receivables and/or the Collateral Security.

  • Pursuant to Clause 5 (Transfer of Receivables) of the Agreement; the retransfer of title of such Relevant Receivables (including the Ancillary Rights) shall be performed on the relevant Monthly Settlement Date by the delivery of a duly signed and completed retransfer document (acte de cession de créances), which retransfer document has been attached to this Repurchase Request in respect of the Relevant Receivables, in accordance with Articles L.