Common Contracts

Purchase and Sale of Future Receivables Agreement (“Agreement”) between

Purchase and Sale of Future Receivables Agreement • December 28th, 2009 • New York

• Contract Type
  Purchase and Sale of Future Receivables Agreement
• Filed
  December 28th, 2009
• Jurisdiction
  New York

Purchaser agrees to purchase from Seller and the Seller agrees to sell to Purchaser, in consideration of the purchase price specified below (the “Purchase Price”), Seller’s interest in the percentage specified below (the “Specified Percentage”) of each of its future credit card receivables (the “Future Receivables”) due to Seller from the credit card processor identified below (“Processor”) until the amount specified below (the “Specified Amount”) of Future Receivables has been collected by Purchaser according to the additional terms and conditions set forth in this Purchase and Sale Agreement (“Agreement”).