Ordinary Collection. (a) As from the revocation of the Mandates and as long as it remains the owner of the Transferred Receivables, the Factor (or its agent, as the case may be) shall have the exclusive right to manage the collection and recovery thereof. It shall manage the relevant accounts, grant or refuse any postponements, extensions or arrangements, with or without discounts, as may be requested by the Debtors. Subject to actual collection, the Factor (or its agent, as the case may be) shall credit payments to the Asset Account.
Ordinary Collection. Upon revocation of the Mandates, and as long as it remains the owner of the Transferred Receivables, the Factor (or its agent, as the case may be) shall have the exclusive right to manage the collection and recovery of the Transferred Receivables, manage the relevant accounts, grant or refuse any postponements, extensions or arrangements, with or without discounts, as may be requested by the Debtors. Subject to actual collection, the Factor (or its agent, as the case may be) shall credit payments to the Asset Account. The Company agrees to provide its assistance to the Factor and to provide in particular any and all documents, correspondence and special powers of attorney as may be reasonably required. For the Non-Approved Receivables, the Factor shall not bear the collection fees and expenses which may be incurred after their maturity date for a contested collection. In the event that the Factor prepays such fees and expenses, the Factor shall be entitled to debit the relevant amounts from the Current Account.
