Information on Receivables Clause Samples

Information on Receivables. Each Borrower shall supply to the Factoring Agent, not less than once per month, a statement setting out all sales made by that Borrower to Approved Customers. Such statements shall identify each Receivable, its face amount and due date and shall contain all invoices, debit notes and credit notes billed to each Approved Customer in the relevant period of such statement and such other information as the Factoring Agent may reasonably request. Such statement must be supplied to the Factoring Agent within 15 days from the date of the statement.