Factoring Charge definition

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, 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 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

  • Factoring Charge and Interests The charge for factoring services pursuant to the Factoring Agreement IV amounted to approximately RMB503,870.37.

  • Factoring Charge and Interests The Company will pay the charge for the factoring facility services provided by the Factoring Bank, and the specific amount will be determined upon the duly execution of the Factoring Agreements.

  • The Factoring Charge in respect of a Purchased Debt, shall be payable by the Borrower immediately to the Lender on the date the Purchased Debt is offered to the Lender.

  • Result will be the terms, and MOU and a final Development Agreement that will all need to follow the typical City decision-­‐making processes.

  • Where any Debt is excluded, the adjustment of the Factoring Charge may be made by the Lender to any subsequent Factoring Charge or other amount payable by the Borrower.

  • Where the aggregate amount calculated for Factoring Charges payable on all Purchased Debts for any month is less than such amount as prescribed by the Lender in the Letter of Offer (or such other amount as specified by the Lender from time to time), the Factoring Charge for that month shall be a fixed amount as prescribed by the Lender in the Letter of Offer (or as specified by the Lender from time to time).

  • The Executive may receive bonus compensation from the Company in respect of any fiscal year (or portion thereof) occurring during the Employment Term at the discretion of the Compensation Committee of the Board of Directors of the Company.

  • 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.

  • 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.

  • The total amount of Excess Within- Day Factoring Charge during the LLH’s of the month shall be billed the greater of: a.


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

  • operating charge means any amount charged to a client by a registered firm in respect of the operation, transfer or termination of a client’s account and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Restructuring Charges means any charges or expenses in respect of restructuring or consolidating any business, operations or facilities, any compensation or headcount reduction, or any other cost savings, of any Persons or businesses either alone or together with the Company or any Restricted Subsidiary, as permitted by GAAP or Regulation S-X under the Securities Act.

  • Monthly Recurring Charge or “MRC” shall mean the monthly recurring charges for the Service as set out in the Customer Order Form or COF;

  • 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;

  • Non-Recurring Charges means any charges imposed by the TDSP or other third parties on a non-recurring basis for services, repairs or additional equipment needed for Customer’s electric service.

  • 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 means any rentcharge as defined by the [Finance (1909-10) Act, 1910], and any burden or charge (other than rates or taxes) arising by operation of law or imposed by any Act [ ], or imposed in pursuance of the exercise of any powers or the performance of any duties under any such Act, otherwise than by a person interested in the land or in consideration of any advance to any person interested in the land. “rentcharge” means tithe or tithe rentcharge, or other periodical payment or rendering in lieu of or in the nature of tithe, or any fee farm rent, rent seck, quit rent, chief rent, rent of assize, or any other perpetual rent or annuity granted out of land.

  • 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.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • 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:

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

  • 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

  • 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.

  • Fixed Charges Coverage Ratio means, for each period of four consecutive fiscal quarters ending on any Test End Date, the ratio of (a) Cash Flow Available for Fixed Charges for such period, to (b) Fixed Charges for such period. The foregoing shall be determined on a consolidated basis for the Company and its Subsidiaries in accordance with GAAP.

  • 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.