Returned Merchandise Held in Trust. Seller covenants and agrees that in the event any Goods sold giving rise to a Purchased Account shall be returned to or repossessed by the Seller, such Goods shall be held by the Seller in trust for the Purchaser, separate and apart from the Seller's own property, and subject to the Purchaser's directions and control;
Appears in 2 contracts
Samples: Accounts Receivable Purchasing Agreement, Accounts Receivable Purchasing Agreement (Probe Manufacturing Inc)
Returned Merchandise Held in Trust. Seller covenants and agrees that in the event any Goods sold giving rise to a Purchased Account shall be returned to or repossessed by the Seller, such Goods shall be held by the Seller in trust for the Purchaser, separate and apart from the Seller's ’s own property, and subject to the Purchaser's directions and control;
Appears in 1 contract
Samples: Accounts Receivable Purchasing Agreement (Xplore Technologies Corp)
Returned Merchandise Held in Trust. Seller covenants and agrees that in In the event any Goods sold giving rise to a Purchased an Account shall be returned to or repossessed by the Seller, such Goods shall be held by the Seller in trust for the Purchaser, separate and apart from the Seller's ’s own property, and subject to the Purchaser's ’s directions and control;.
Appears in 1 contract
Samples: Accounts Receivable Purchasing Agreement (Edible Garden AG Inc)
