Common use of Purchase of Accounts Clause in Contracts

Purchase of Accounts. We will purchase from you and you will sell to us accounts receivable created by your sales of goods to or performance of services for customers approved by us in amounts approved by us without recourse to you for insolvency or nonpayment for financial inability to pay, except as set forth herein, after the goods or services have been actually delivered to and finally accepted without claim or dispute by your customer. An "

Appears in 5 contracts

Samples: Factoring Agreement (Blue Holdings, Inc.), Factoring Agreement (Century Pacific Financial Corp), Factoring Agreement (Peoples Liberation Inc)

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Purchase of Accounts. We will purchase from you and you will sell to us accounts receivable certain Accounts Receivable, as defined herein, selected by us created by your sales of goods to or performance of services for those customers approved by us in amounts approved by us without recourse to you for insolvency or nonpayment for financial inability to pay, except as set forth hereinnonpayment, after the goods or services have been actually delivered to and finally accepted without claim or dispute by your customer. An "

Appears in 1 contract

Samples: Factoring Agreement (Computone Corporation)

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Purchase of Accounts. We will purchase from you and you will sell to us certain accounts receivable created by your sales of goods to or performance of services for customers approved by us in amounts approved by us without recourse to you for insolvency or nonpayment for financial inability to pay, except as set forth hereinnonpayment, after the goods or services have been actually delivered to and finally accepted without claim or dispute by your customer. An "

Appears in 1 contract

Samples: Factoring Agreement (Oneita Industries Inc)

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