Sale of Accounts. Sell with recourse, discount or otherwise sell to an Affiliate any notes receivable or accounts receivable for an amount less than the face amount thereof, less a reserve factor for credit losses adjusted from time to time to reflect actual credit loss experience.
Appears in 4 contracts
Samples: Note Purchase Agreement (Horizon Telecom Inc), Note Purchase Agreement (Horizon Telcom Inc), Note Purchase Agreement (Horizon Telecom Inc)