Common use of Accounts Receivable Facility Clause in Contracts

Accounts Receivable Facility. Subject to the terms of this Agreement, DFS agrees to provide to Dealer an Accounts Receivable Facility of SIX MILLION DOLLARS ($6,000,000). DFS' decision to advance funds will not be binding until the funds are actually advanced.

Appears in 4 contracts

Samples: Business Financing Agreement (Eplus Inc), Business Financing Agreement (Eplus Inc), Business Financing Agreement (Eplus Inc)

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Accounts Receivable Facility. Subject to the terms of this Agreement, DFS agrees to provide to Dealer an Accounts Receivable Facility of SIX FIVE MILLION DOLLARS ($6,000,0005,000,000). DFS' decision to advance funds will not be binding until the funds are actually advanced.

Appears in 2 contracts

Samples: Business Financing Agreement (Eplus Inc), Business Financing Agreement (Eplus Inc)

Accounts Receivable Facility. Subject to the terms of this Agreement, DFS agrees to provide to Dealer an Accounts Receivable Facility of SIX SEVEN MILLION DOLLARS ($6,000,0007,000,000.00). DFS' decision to advance funds --------------------- ------------- will not be binding until the funds are actually advanced.

Appears in 1 contract

Samples: Business Financing Agreement (Newcom Inc)

Accounts Receivable Facility. Subject to the terms of this Agreement, DFS agrees to provide to Dealer an Accounts Receivable Facility of SIX TWO MILLION DOLLARS ($6,000,0002,000,000). DFS' decision to advance funds will not be binding until the funds are actually advanced.

Appears in 1 contract

Samples: Business Financing Agreement (Eplus Inc)

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Accounts Receivable Facility. Subject to the terms of this Agreement, DFS agrees to provide to Dealer an Accounts Receivable Facility of SIX MILLION Six Million DOLLARS ($6,000,000$ 6,000,000.00). DFS' decision DFS will not be obligated to advance funds will not be binding until the funds are actually advancedif a Default has occurred hereunder.

Appears in 1 contract

Samples: Business Financing Agreement (Capital Associates Inc)

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