Common use of Purchase and Sale of Accounts Receivable Clause in Contracts

Purchase and Sale of Accounts Receivable. (a) Client hereby sells, assigns, transfers, conveys and delivers to Factor, and Factor purchases and accepts from Client upon the terms and conditions set forth herein, all of Client's right, title and interest in and to (i) all accounts receivable which are accepted for purchase by Factor as described in Section 1(b) (any and all accounts receivable which are created by Client, whether or not Factor accepts and purchases them, are defined herein as "Accounts"; the term "

Appears in 2 contracts

Samples: Factoring and Security Agreement (Egpi Firecreek, Inc.), Factoring and Security Agreement (Insci Corp)

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Purchase and Sale of Accounts Receivable. (a) Client hereby sells, assigns, transfers, conveys and delivers to Factor, and Factor purchases and accepts from Client upon the terms and conditions set forth herein, all of Client's ’s right, title and interest in and to (i) all accounts receivable which are accepted for purchase by Factor as described in Section 1(b) (any and all accounts receivable which are created by Client, whether or not Factor accepts and purchases them, are defined herein as "Accounts"; the term "

Appears in 2 contracts

Samples: Factoring and Security Agreement, Factoring and Security Agreement (Corgenix Medical Corp/Co)

Purchase and Sale of Accounts Receivable. (a) Client hereby sells, assigns, transfers, conveys and delivers to Factor, and Factor purchases and accepts from Client upon the terms tents and conditions set forth hereinheroin, all of Client's right, title and interest in and to (i) all accounts receivable which are accepted for purchase by Factor as described in Section 1(b) (any and all accounts receivable which are arc created by Client, whether or not Factor accepts and purchases them, are defined herein as "Accounts"; the term "

Appears in 1 contract

Samples: Factoring and Security Agreement (Execute Sports Inc)

Purchase and Sale of Accounts Receivable. (a) Client hereby sells, assigns, transfers, conveys and delivers to Factor, and Factor purchases and accepts from Client upon the terms and conditions set forth herein, all of Client's right, title and interest in and to (i) all accounts receivable which are accepted for purchase by Factor as described in Section 1(b) (any and all accounts receivable which are created by Client, whether or not which Factor accepts and purchases them, are defined herein as "Accounts"; the term "

Appears in 1 contract

Samples: Factoring and Security Agreement (World Am, Inc.)

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Purchase and Sale of Accounts Receivable. (a) Client hereby sells, assigns, transfers, conveys and delivers to Factor, Factor and Factor purchases and accepts from Client upon the terms and conditions set forth fourth herein, all of Client's right, title and interest in and to (i) all accounts receivable which are accepted for purchase by Factor as described in Section 1(b) (any and all accounts receivable which are created offered by ClientClient to Factor, whether or not Factor accepts and purchases them, are defined herein as "Accounts"; the term "

Appears in 1 contract

Samples: Factoring and Security Agreement (Insci Corp)

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