DEFERRED PURCHASE FACTORING AGREEMENTDeferred Purchase Factoring Agreement • May 16th, 2019 • Centric Brands Inc. • Apparel & other finishd prods of fabrics & similar matl • New York
We are pleased to confirm the terms and conditions that will govern our funds in use accounting, non-borrowing, notification, receivables management arrangement with each of you (the “Agreement”). This Agreement is intended to set forth the terms and provisions pursuant to which we shall handle each of your existing and future sales and shall be effective as of the date hereof (the “Effective Date”). For all purposes hereof, this Agreement shall apply to each of you, and the terms “you” and “your”, and terms of like import appearing herein, in each instance shall mean each of you, except as may be otherwise specifically noted.
