Common use of Definancing or Transfer-Back of Disputed Receivables Clause in Contracts

Definancing or Transfer-Back of Disputed Receivables. (a) Each French Seller undertakes to promptly inform the Factor upon becoming aware that a Transferred Receivable has become a Disputed Receivable.

Appears in 3 contracts

Samples: Factoring Agreement, Factoring Agreement (Constellium Holdco B.V.), Factoring Agreement (Constellium Holdco B.V.)

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Definancing or Transfer-Back of Disputed Receivables. (a) Each French Seller undertakes to promptly inform the Factor upon becoming aware that a Transferred Receivable (including a Non-Recourse Receivable or an Off BS Receivable) has become a Disputed Receivable.

Appears in 1 contract

Samples: Factoring Agreement (Constellium N.V.)

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