Difference between factoring and forfaiting Sample Clauses

Difference between factoring and forfaiting. As mentioned factoring and forfaiting represent in several ways rather similar techniques. Factoring was introduced in Sweden only during the 1960’s/ 1970’s.42 Largely factoring is used more in connection with the financing of export involving consumer goods with credit terms between 90–180 days, whereas forfaiting seems to be more commonly used for financing of capital goods exports with credit terms of a few years. The forfaiting and the factor- ing markets seem to be separate. Under forfaiting the political and the transfer risks are normally carried by the forfaiter, but they could be insured against the risk.
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Related to Difference between factoring and forfaiting

  • Dimensions Education Bachelor’s Degree in Computer Science, Information Systems, or other related field. Or equivalent work experience. A minimum of 3 years of IT work experience in supporting desktop software and hardware products and problem solving/troubleshooting.

  • Definitions For purposes of this Agreement:

  • NOW, THEREFORE the parties hereto agree as follows:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

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