Factoring Charge definition

Factoring Charge means, with respect to any Purchased Asset, an amount equal to the sum of (i) the product of (x) the Net Face Amount of such Purchased Asset multiplied by (y) seven percent (7%) divided by Accounts Receivable Turns plus (ii) the Net Face Amount of such Purchased Asset multiplied by a seventy-five one hundredth (0.75) percent administration charge.
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Factoring Charge means the first priority Norwegian law floating charge over all account receivables of the Issuer (No: factoringpant).
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Factoring Charge means in relation to a Purchased Debt, a charge prescribed by the Lender in the Letter of Offer, or such other rate specified by GB Helios Pte. Ltd. from time to time, on the gross invoice amount including GST of the Purchased Debt as determined by the Lender (without any deduction being made for (i) any discount allowed by the Borrower for prompt payment or otherwise and (ii) any credit given by the Borrower);
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Examples of Factoring Charge in a sentence

  • The "Purchase Price" (to be paid by the Buyer to the Originator in accordance with the terms of Article III) for any Purchased Assets that are acquired by the Buyer hereunder shall be equal to (i) the Net Face Amount of the Purchased Assets minus (ii) the Factoring Charge related thereto.

  • Description Price2 bed ground floor flat£69,044 Floor Space Income Threshold53m2£27,000 Included in Sale Factoring Charge Fridge/Freezer built in, washing machine, dishwasher*£58.81 per month.

  • Description Price2 bed top floor flat£82,615 Floor Space Income Threshold69m2£32,000 or less Included in Sale Factoring Charge All floor coverings, blinds, electric oven and gas hob *James Gibb Property Services.

  • For this purpose the Factoring Charge End Date shall be the date determined in accordance with Clause 6.1 on which the Factoring Charge ceases to be payable in respect of that Receivable.

  • The factor will be calculated as follows: D = r cr * portfolio with: r cr = (avg.loss + avg.late) * 100 avg.receiv * turns * 2 + 2s The monthly Factoring Charge for subsequent months will be calculated taking into account the Cost of Equity, the Cost of Debt Funding, Administrative Costs, Service Cost and Credit Risk.

  • The Factoring Charge is limited to customers that have dispatchable resources and that have purchased the Actual Partial Product or the Block Product with the Factoring Product.

  • Experiences such as biking and walking to school, playing at recess, engaging in active classroom lessons, and participating in a quality physical education program may increase the odds of children and adolescents forming lifelong habits for learning and for positive behaviors.It is important to note that though a vast majority of the studies show benefits of physical activity and fitness on children’s academic achievement, some studies show no effects—but very few studies show any negative effects.

  • Description Price2 bed semi-detached bungalow£125,000 Floor Space Income Threshold60m2£46,000 or less Included in Sale Factoring Charge Washer Dryer, Fridge Freezer and 3 bar Stools.


More Definitions of Factoring Charge

Factoring Charge has the meaning ascribed thereto in Clause 6.1 and includes any charge arising under Clause 9.5;
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Related to Factoring Charge

  • Restructuring Charges means all charges and expenses caused by or attributable to any restructuring, severance, relocation, consolidation, closing, integration, business optimization or transition, signing, retention or completion bonus or curtailments or modifications to pension and post-retirement employee benefit plans.

  • Monthly Recurring Charge refers to the sum that the Requesting Licensee shall pay for the service on a monthly basis computed from the beginning of the month as specified in Schedule 15;

  • Recurring Charges means where you allow a Merchant to bill your Account for a specified or unspecified amount, at regular or irregular intervals for goods or services;

  • Carrying Charges or "rental" means all regular charges paid on a periodic basis to a housing corporation by a person or family living in a rental or cooperative housing project, excluding initial down payments.

  • Parking Charge means the charge paid by drivers to leave a vehicle in a parking place;

  • Floating Charge means a charge that, as created, was a floating charge;

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • RUNNING CHARGE PER KILOMETER means the rates payable against each KM run. and shall be deemed to include all the expenditures of the Transport Supplier viz., cost of fuel, tyre/tube, battery & consumables like lubricants etc. and other maintenance expenditures including accessories involved including GST element as applicable towards movement of the vehicle(s)/equipment.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Fixed Charge , in relation to a tenancy, means—

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Delivery Charge means the total amount charged to the Authorized User for shipment of the Vehicle(s) from the Delivery Origin to the location(s) designated by the Authorized User on Form A: Mini-Bid Request, and on the Purchase Order.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay the customer's share of transition costs.

  • Restructuring Costs means the costs, including both direct and indirect, of restructuring activities. Restructuring costs that may be allowed include, but are not limited to, severance pay for employees, early retirement incentive payments for employees, employee retraining costs, relocation expense for retained employees, and relocation and rearrangement of plant and equipment. For purposes of this definition, if restructuring costs associated with external restructuring activities allocated to DoD contracts are less than $2.5 million, the costs shall not be subject to the audit, review, and determination requirements of paragraph (c)(4) of this subsection; instead, the normal rules for determining cost allowability in accordance with FAR Part 31 shall apply.

  • Access Charge has the meaning set out in Clause 6.1;

  • Deed of Charge means the English law deed of charge that may be entered into between the Guarantor and the Representative of the Covered Bondholders (acting on behalf of the Covered Bondholders and the Other Creditors);

  • Administration Charge means a charge established in accordance with Chapter 90.50A RCW and Chapter 173-98 WAC, to be used to pay Ecology’s cost to administer the State Revolving Fund by placing a percentage of the interest earned in an Administrative Charge Account.

  • Collateral costs as used in this clause, means agency cost of operation, maintenance, logistic support, or Government-furnished property.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • FIXED CHARGE PER MONTH means the fixed charge per month payable by company which is inclusive of depreciation, parking fee if applicable, all applicable taxes & duties including VAT, insurances, wages and other emoluments of Operator/Driver(s) / Helper(s) /Jugalees and other operation staff/crew excluding GST.

  • Resource Substitution Charge means a charge assessed on Capacity Market Buyers in an Incremental Auction to recover the cost of replacement Capacity Resources.