REVERSE FACTORING AGREEMENT Sample Clauses

REVERSE FACTORING AGREEMENT. The Board hereby announces that on 9 September 2024, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Reverse Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted reverse revolving factoring financing credit limits to Xxxxxxxx Xxxxxxxxxxx and Xxxxxxxx Xxxxxxxxxxx is entitled to apply for accounts receivables transfer and factoring services. If Xxxxxxxx Xxxxxxxxxxx needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the reverse revolving credit limit. The principal terms of the Reverse Factoring Agreement entered into between the Company and Yancheng Jinruicheng are set out below: Reverse Factoring Agreement Date : 9 September 2024 Parties : (1) Xxxxxxxx Xxxxxxxxxxx (To the best knowledge, information and belief of the Directors having made all reasonable enquiries, Yancheng Jinruicheng and its ultimate beneficial owner are Independent Third Parties.)
AutoNDA by SimpleDocs
REVERSE FACTORING AGREEMENT. The Board hereby announces that on 24 September 2024, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Reverse Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted reverse revolving factoring financing credit limits to Xxxxxxxx Xxxxxxx and Xxxxxxxx Xxxxxxx is entitled to apply for accounts receivables transfer and factoring services. If Yancheng Huachen needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the reverse revolving credit limit. The principal terms of the Reverse Factoring Agreement entered into between the Company and Yancheng Huachen are set out below: Reverse Factoring Agreement Date : 24 September 2024 Parties : (1) Xxxxxxxx Xxxxxxx (To the best knowledge, information and belief of the Directors having made all reasonable enquiries, Yancheng Huachen and its ultimate beneficial owner are Independent Third Parties.)
REVERSE FACTORING AGREEMENT. The Board hereby announces that on 23 August 2022, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Reverse Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted reverse revolving factoring financing credit limits to Sheyang Rice and Sheyang Rice is entitled to apply for accounts receivables transfer and factoring services. If Sheyang Rice needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the reverse revolving credit limit. The principal terms of the Reverse Factoring Agreement entered into between the Company and Sheyang Rice are set out below: Reverse Factoring Agreement Date : 23 August 2022 Parties : (1) Xxxxxxx Xxxx (To the best knowledge, information and belief of the Directors having made all reasonable enquiries, Xxxxxxx Xxxx and its ultimate beneficial owner are Independent Third Parties.)
REVERSE FACTORING AGREEMENT. The Board hereby announces that on 27 March 2023, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Reverse Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted reverse revolving factoring financing credit limits to Xxxxxxx Xxxxxxxxxxx and Xxxxxxx Xxxxxxxxxxx is entitled to apply for accounts receivables transfer and factoring services. If Xxxxxxx Xxxxxxxxxxx needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring financing within the reverse revolving credit limit. The principal terms of the Reverse Factoring Agreement entered into between the Company and Jiangsu Xinqingyang are set out below: Reverse Factoring Agreement Date : 27 March 2023
REVERSE FACTORING AGREEMENT. The Board hereby announces that on 29 May 2020, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Reverse Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted reverse revolving factoring loan credit limits to Sheyang and Sheyang is entitled to apply for accounts receivables transfer and factoring services. If Sheyang needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring loan within the reverse revolving credit limit. The principal terms of the Reverse Factoring Agreement entered into between the Company and Sheyang are set out below: Reverse Factoring Agreement
REVERSE FACTORING AGREEMENT. The Board hereby announces that on 8 February 2021, Yueda Commercial Factoring, an indirect wholly owned subsidiary of the Company, entered into Reverse Factoring Agreement, pursuant to which Yueda Commercial Factoring agreed to provide Accounts Receivable Services and granted reverse revolving factoring loan credit limits to Sheyang Tour and Sheyang Tour is entitled to apply for accounts receivables transfer and factoring services. If Sheyang Tour needs financing facility from Yueda Commercial Factoring, it will make an application for factoring services. If the credit assessment is to the satisfaction of Yueda Commercial Factoring, Yueda Commercial Factoring will grant the factoring loan within the reverse revolving credit limit. The principal terms of the Reverse Factoring Agreement entered into between the Company and Sheyang Tour are set out below: Reverse Factoring Agreement Date : 8 February 2021 Parties : (1) Sheyang Tour (To the best knowledge, information and belief of the Directors having made all reasonable enquiries, Sheyang Tour and its ultimate beneficial owner are Independent Third Parties.)

Related to REVERSE FACTORING AGREEMENT

  • Last Chance Agreement Refusal to sign a Last Chance Agreement shall be considered just cause for termination. The Last Chance Agreement shall be the final step before termination in the disciplinary process. The treatment and aftercare portion of the Last Chance Agreement will be monitored for compliance by the Employee Assistance Program. The Last Chance Agreement shall require at least the following:

  • Revenue Sharing Agreement This Note is subject to the Company’s Revenue Sharing Agreement attached hereto as Exhibit B as if all the terms of the Revenue Sharing Agreement were set forth in this Note.

  • No Strike Agreement Neither the PBA nor any of its officers or agents, nor members covered by this Agreement, nor any other employees covered by this Agreement, will instigate, promote, sponsor, or engage in any prohibited activities as defined in section 447.203(6), F.S.

  • WHOLE AGREEMENT The General Provisions, Special Provisions, and Attachments, as provided herein, constitute the complete Agreement (“Agreement”) between the parties hereto, and supersede any and all oral and written agreements between the parties relating to matters herein. Except as otherwise provided herein, this Agreement cannot be modified without written consent of the parties.

  • Student Agreement The acceptable and unacceptable uses of the Charter School network and the Internet are described in this “Student Acceptable Use Agreement." By signing this agreement, I acknowledge that I have read, understand and agree to abide by the provisions of the attached Student Acceptable Use Policy. I understand that any violations of the above could result in the immediate loss of electronic computing and may result in further disciplinary and/or legal action, including but not limited to suspension, or referral to legal authorities. I also agree to report any misuse of the Charter School network to school site teacher or administrator. Misuse can come in many forms but can be viewed as any messages sent or received that indicate or suggest pornography, unethical or illegal solicitation, racism, sexism, inappropriate language, and other issues described under the unacceptable uses in this Acceptable Use Policy. I realize that all the rules of conduct described in this Charter School Acceptable Use Policy, procedures, and handbooks apply when I am using the Charter School network. Student Name: Student Signature: Date: PARENT OR GUARDIAN AGREEMENT: (Students under the age of 18 must have a parent or guardian who has read and signed this Acceptable Use Contract.) As a parent or guardian of this student, I have read this Acceptable Use Policy and understand that the use of the Charter School network is designated for educational purposes only. I understand that it is impossible for the Charter School to restrict access to all controversial materials, and I will not hold the Charter School, responsible for materials acquired on the Charter School network or Internet. I also agree to report any misuse of these electronic resources to the school administrator. I accept full responsibility for my child should they use remote connections when available to the Charter School network in a non- school setting. I hereby give my permission to issue an account for my child to use the Charter School network and Internet. I release the Charter School, its affiliates and its employees from any claims or damages of any nature arising from my child or dependent’s access and use of the Charter School network. I also agree not to hold the Charter School responsible for materials improperly acquired on the system, or for violations of copyright restrictions, user’s mistakes or negligence, or any costs incurred by users. This agreement shall be governed by and construed under the laws of the United States and the State of California. Student Name: Parent/Legal Guardian Name: Parent/Legal Guardian Signature: Date:

  • CALENDAR FOR SUCCESSOR MEMORANDUM OF UNDERSTANDING In the event Union or Management desires a successor MOU, said party shall serve upon the other between April 1, 2018 and April 30, 2018, its written proposals for such successor MOU. Meet and confer sessions shall begin no later than thirty (30) calendar days following submittal of the proposals.

  • Compliance Agreement A written agreement between a person engaged in growing, handling, or moving regulated articles, and the Plant Protection and Quarantine Programs, wherein the former agrees to comply with the re- quirements of this subpart identified in the agreement by the inspector who executes the agreement on behalf of the Plant Protection and Quarantine Programs as applicable to the oper- ations of such person.

  • Item Agreement As negotiated items are agreed upon, they shall be reduced to writing and initialed by the chief negotiator of each party. Such initialing shall be construed as tentative agreement by both parties on that item or issue, subject to finalization by ratification by the membership of the Association and adoption by the Board.

  • SINGLE FAMILY SHARED-LOSS AGREEMENT This agreement for the reimbursement of loss sharing on certain single family residential mortgage loans (the “Single Family Shared-Loss Agreement”) shall apply when the Assuming Institution purchases Single Family Shared-Loss Loans as that term is defined herein. The terms hereof shall modify and supplement, as necessary, the terms of the Purchase and Assumption Agreement to which this Single Family Shared-Loss Agreement is attached as Exhibit 4.15A and incorporated therein. To the extent any inconsistencies may arise between the terms of the Purchase and Assumption Agreement and this Single Family Shared-Loss Agreement with respect to the subject matter of this Single Family Shared-Loss Agreement, the terms of this Single Family Shared-Loss Agreement shall control. References in this Single Family Shared- Loss Agreement to a particular Section shall be deemed to refer to a Section in this Single Family Shared-Loss Agreement, unless the context indicates that it is intended to be a reference to a Section of the Purchase and Assumption Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!