Common use of Assignment of Accounts Receivable Clause in Contracts

Assignment of Accounts Receivable. If Vendor assigns payments to an assignee/factor, Vendor understands and agrees that Vendor and the assignee/factor will be required to sign Dealer's standard acknowledgment form to assure Dealer that the assignee/factor understands the rights and obligations being assigned, including the right of Dealer to make offsets.

Appears in 4 contracts

Samples: Vendor Agreement (SLS International Inc), Vendor Agreement (Clearwire Corp), Vendor Agreement (Clearwire Corp)

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Assignment of Accounts Receivable. If Vendor assigns payments to an assignee/factor, Vendor understands and agrees that Vendor and the assignee/factor will be required to sign Dealer's ’s standard acknowledgment form to assure Dealer that the assignee/factor understands the rights and obligations being assigned, including the right of Dealer to make offsets.

Appears in 1 contract

Samples: Vendor Agreement (Garmin LTD)

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