PURCHASE AND SALE OF FUTURE RECEIVABLESPurchase and Sale of Future Receivables • December 8th, 2023 • PARTS iD, Inc. • Services-advertising agencies • New York
Agreement Dated: 09/11/2023 between RIVERSIDE CAPITAL NY (“RCNY”) and the Merchant listed below (“MERCHANT”) and the individual(s) listed below (“Guarantor”)
MERCHANT INFORMATIONPurchase and Sale of Future Receivables • December 6th, 2023 • PARTS iD, Inc. • Services-advertising agencies • New York
Merchant hereby sells, assigns and transfers to RCNY (making RCNY the absolute owner) in consideration of the “Purchase Price” specified above, the Purchased Percentage of all of Merchant’s Future Receipts, contract rights and other entitlements arising from or relating to the payment of monies from Merchant’s customers’ and/or other third party payors (the “Future Receipts” defined as all payments made by cash, check, electronic transfer or other form of monetary payment deposited into Merchants Bank Account), for the payments to Merchant as a result of Merchant’s sale of goods and/or services (the “Transactions”) until the “Purchased Amount has been delivered by or on behalf of Merchant to RCNY
