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 collectively, the U.S. Factoring Agreements and the Foreign Factoring Agreements.
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 Factoring Bank on November 25, 2019 “Factoring Agreement II” the revolving factoring facility agreement entered into between the Company and Factoring Bank on November 19, 2020
Examples of Factoring Agreements in a sentence
Except for the indebtedness, liabilities or obligations incurred by the Company in connection with those certain Supply Agreements and Factoring Agreements, dated as of October 17, 2012, by and among the Company, BOLDFACE Licensing + Branding and Star Funding, Inc.
Appropriately completed UCC financing statements necessary to evidence the conveyance of Receivables from the applicable Obligees under the Factoring Agreements to KBK have been filed in the appropriate offices, and all other actions required to perfect KBK's interest in such Receivables have been performed in accordance with applicable law.
See “Risk Factors—If we are unable to consummate the Exchange Offers or a Plan of Reorganization, we may be unable to continue to access bank guarantee lines for excise taxes payable in respect of vodka sales in Russia which are critical to our operations in Russia.” Factoring Agreements On February 24, 2011, CEDC International entered into factoring arrangements for the sale of receivables.
The same person may hold more than one office and none of such officers of the Corporation, except the Chairman of the Board and any Vice-Chairman of the Board, need be a director of the Corporation.
The NewCo Factoring Agreements include a guaranty by the CEO of the Company, Stephen J.
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 Xxxxx, and (iii) the Non-Notification Factoring Agreement dated as of June 18, 1998 between the Factor and Xxxx-Xx, each as amended or otherwise modified from time to time.
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. “Fall Selected Months” means a period of two (2) consecutive fiscal months occurring prior to or during the fall selling season of each fiscal year of the Company, which period shall be selected by the Company upon forty-five (45) days prior written notice to the Administrative Agent and shall commence on the first day of a fiscal month of the Company. “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 ...
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. Xxxxxx-Standard Automotive France S.A.S.) and Banque Francaise du Commerce Exterior (n.k.a. Natexis Banques Populaires); (b) Discount With Limited Recourse Agreement, dated as of June 18, 2003, by and between Xxxxxx-Standard Automotive France S.A.S. and Credit Lyonnais; and (c) Discount Without Any Recourse Agreement, dated as of December 16, 2002, by and between Xxxxxx-Standard Automotive France S.A.S. and Credit Commercial de France.
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 means (a) that certain Credit Approved Receivables Purchasing Agreement, dated as of February 15, 2010, between Factor and the Company, as modified, amended or supplemented prior to the Effective Date (the “ CIT CARPA”), (b) those certain side letter agreements between the Factor and the Company entered into prior to the Effective Date which, by their express terms, make reference to the CIT CARPA, (c) any modifications, amendments, supplements or side letter agreements that may from time to time after the Effective Date be entered into by the Factor and the Company and that reference the CIT CARPA, (provided, that any such modification, amendment, supplement or side letter agreement that is material shall be in form and substance and on terms acceptable to the Administrative Agent in its Permitted Discretion), (d) any other arrangement between the Factor and any Loan Party pursuant to which a Loan Party sells, assigns or transfers certain of its Accounts (including, without limitation, any assignment of rights of collection), in each case, in form and substance and on terms acceptable to the Administrative Agent in its Permitted Discretion, and(e) any replacement of the arrangements described in clauses (a) through (d) of this definition, in each case, on 31 terms acceptable to the Administrative Agent in its Permitted Discretion. Notwithstanding any provision to the contrary set forth in this definition, (i) a change to any fees, rate of interest or commissions charged by Factor under the Factoring Agreements or (ii) any extension of any Factoring Agreement, shall not, in either case, be deemed to be a material change requiring the consent of the Administrative Agent.
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 (a) that certain Credit Approved Receivables Purchasing Agreement, dated as of February 15, 2010, between Factor and the Company, as modified, amended or supplemented prior to the Effective Date (the “CIT CARPA”), (b) those certain side letter agreements between the Factor and the Company entered into prior to the Effective Date which, by their express terms, make reference to the CIT CARPA, (c) any modifications, amendments, supplements or side letter agreements that may from time to time after the Effective Date be entered into by the Factor and the Company and that reference the CIT CARPA, (provided, that any such modification, amendment, supplement or side letter agreement that is material shall be in form and substance and on terms acceptable to the Administrative Agent in its Permitted Discretion), (d) any other arrangement between the Factor and any Loan Party pursuant to which a Loan Party sells, assigns or transfers certain of its Accounts (including, without limitation, any assignment of rights of collection), in each case, in form and substance and on terms acceptable to the Administrative Agent in its Permitted Discretion, and (e) any replacement of the arrangements described in clauses (a) through (d) of this definition, in each case, on terms acceptable to the Administrative Agent in its Permitted Discretion. Notwithstanding any provision to the contrary set forth in this definition, (i) a change to any fees, rate of interest or commissions charged by Factor under the Factoring Agreements or (ii) any extension of any Factoring Agreement, shall not, in either case, be deemed to be a material change requiring the consent of the Administrative Agent.