Post-Petition Factoring Agreement Sample Contracts

SYSTRAN FINANCIAL SERVICES CORPORATION POST-PETITION FACTORING AGREEMENT
Post-Petition Factoring Agreement • August 21st, 2003 • Gasel Transportation Lines Inc • Trucking (no local) • Oregon

This Post-Petition Factoring Agreement dated May 20, 2003 (the “Agreement”), is between SYSTRAN Financial Services Corporation, a subsidiary of Textron Financial Corporation (“SYSTRAN”) and its successor or assigns and Gasel Transportation Lines, Inc. and GTL Logistics, Inc. (jointly and severally the “Customer”), whose address is set forth on the last page hereof.

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