Availability Account. The Availability Account is a Sub-Account to be opened for each French Seller (in relation to each applicable currency), the purpose of which is to record the amount of Financeable Amounts (as determined by the Factor pursuant to Clause 5.2 which are available to the French Sellers and for which the relevant French Sellers have not sent a Funding Request to the Factor in relation thereto.
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Samples: Factoring Agreement, Factoring Agreement (Constellium Holdco B.V.), Factoring Agreement (Constellium Holdco B.V.)
Availability Account. The Availability Account is a Sub-Account to be opened for each French Seller (in relation to each applicable currency), the purpose of which is to record the amount of Financeable Amounts being available to such French Seller (other than in respect of the Off BS Receivables, for which all Financings shall have been made in full to Constellium France pursuant to Clause 5.2.6), as such amount has been determined by the Factor pursuant to Clause 5.2 which are available to the French Sellers and for in respect of which the relevant French Sellers have Seller has not sent a Funding Request to the Factor in relation thereto.
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