Factoring Agreement I definition

Factoring Agreement I has the meaning assigned to it in the recitals.
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Factoring Agreement I the revolving factoring facility agreement entered into between the Company and Factoring Bank on November 26, 2020 “Factoring Agreement II” the revolving factoring facility agreement entered into between the Company and Factoring Bank on November 26, 2020 “Factoring Agreement III” the revolving factoring facility agreement entered into between the Company and Factoring Bank on November 26, 2020 “Factoring Agreement IV” the revolving factoring facility agreement entered into between the Company and Factoring Bank on November 26, 2020
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Factoring Agreement I a factoring agreement entered into between the Company and the Lessee on 9 October 2017 pursuant to which the Company agreed to provide accounts receivable factoring services to the Lessee with a principal amount of RMB41,800,000;
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Examples of Factoring Agreement I in a sentence

  • Pursuant to the terms and conditions of the Factoring Agreement I, the Factoring Bank has agreed to provide recourse factoring facility of approximately RMB39,738,505.50 to the Company and the Company has agreed to transfer of the undue sums from the Lease Receivables I (i.e. RMB47,582,589) to the Factoring Bank for obtaining the Funds from the Factoring Bank.

  • The factoring period under the Factoring Agreement I is from the execution date of the Factoring Agreement I to January 5, 2026.

  • As the Factoring Agreement I was entered into with the Factoring Bank within a 12-month period prior to and inclusive of the date of the Factoring Agreement II, the transactions contemplated under the Factoring Agreement I and the Factoring Agreement II will be aggregated as a series of transactions for the Company pursuant to Rule 14.22 of the Listing Rules.

  • The factoring period under the Factoring Agreement I is from the execution date of the Factoring Agreement I to July 28, 2024.

  • As of the Termination Date, Employee has also been awarded 101,594 deferred share units that are not vested as of the Termination Date (the “Unvested RSUs”).

  • Pursuant to the terms and conditions of the Factoring Agreement I, the Factoring Bank has agreed to provide recourse factoring facility of approximately RMB25,129,995.65 to the Company and the Company has agreed to transfer of the undue sums from the Lease Receivables I (i.e. RMB30,052,627) to the Factoring Bank for obtaining the Funds from the Factoring Bank.

  • On 27 June 2018, CWW Leasing entered into the Financing Factoring Agreement I (the ‘‘Previous Factoring Agreement’’) with Customer A, pursuant to which, CWW Leasing has agreed to provide financing being secured by accounts receivable of Customer A for a period of 6 months from the date of signing of the Previous Factoring Agreement.

  • The Security Agent shall not be responsible for the negligence or misconduct of any agent, custodian, nominee or attorney-in-fact selected by it with due care.

  • As the Factoring Agreement I, the Factoring Agreement II, the Factoring Agreement III and the Factoring Agreement IV are entered between the Company and the Factoring Bank on 26 November 2020, Factoring Agreement I, the Factoring Agreement II, the Factoring Agreement III and the Factoring Agreement IV are aggregated as a series of transactions for the Company pursuant to Rule 14.22 of the Listing Rules.

  • The term of the Factoring Agreement I and Factoring Agreement II will be no more than 3 years.

Related to Factoring Agreement I

  • Factoring Agreement means a customary market agreement by and between Holdings or a Restricted Subsidiary and a Factoring Company pursuant to which Holdings or such Restricted Subsidiary shall, pursuant to customary terms for the size and type of transaction involved, sell, transfer and assign its rights, title and interests in certain accounts receivable, specifically identified therein, to a Factoring Company.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.

  • Original Financing Agreement means the development credit agreement for a Social Investment Program Project between the Recipient and the Association, dated April 7, 2003, as amended to the date of this Agreement (Credit No. 3740-BD).

  • Restructuring Agreement shall have the meaning set forth in the recitals.