Common use of Accounts Receivable Facility Clause in Contracts

Accounts Receivable Facility. Subject to the terms of this Agreement, CDF agrees to provide to Dealer an Accounts Receivable Facility of FIFTEEN MILLION DOLLARS ($15,000,000.00). CDF’s decision to advance funds is discretionary, and will not be binding until the funds are actually advanced.

Accounts Receivable Facility. Subject to the terms of this Agreement, CDF agrees to provide to Dealer an Accounts Receivable Facility of FIFTEEN FIVE MILLION DOLLARS ($15,000,000.005,000,000). CDF’s decision to advance funds is discretionary, and will not be binding until the funds are actually advanced.

Accounts Receivable Facility. Subject to the terms of this Agreement, CDF agrees to provide to Dealer an Accounts Receivable Facility of FIFTEEN MILLION DOLLARS Thirty-Five Million Dollars ($15,000,000.0035,000,000.00). CDF’s decision to advance funds is discretionary; provided, however, that at no time will the principal amount outstanding under the Accounts Receivable Facility and will not be binding until Dealer's inventory floorplan credit facility with CDF exceed, in the funds are actually advancedaggregate, Thirty-Five Million Dollars ($35,000,000.

Accounts Receivable Facility. Subject to the terms of this Agreement, CDF agrees to provide to Dealer an Accounts Receivable Facility of FIFTEEN THIRTY MILLION DOLLARS ($15,000,000.0030,000,000.00). CDF’s decision to advance funds is discretionary, and will not be binding until the funds are actually advanced.