Factoring Company definition

Factoring Company means any counterparty to any Factoring Agreement to whom a Borrower or any Subsidiary of a Borrower sells, transfers and assigns its right, title and interests in certain accounts receivable pursuant to the terms of such Factoring Agreement.
Factoring Company means a person who purchases a health care provider’s accounts receivable at a discount below the invoice value of such accounts.
Factoring Company means that certain Person party to any Factoring Agreement to whom the Borrower or a Subsidiary sells, transfers and assigns its right, title and interests in certain accounts receivable pursuant to the terms of such Factoring Agreement.

Examples of Factoring Company in a sentence

  • Prior to the business cooperation with Datang Factoring Company, the Group will make enquires to no less than three commercial factoring companies (no less than two of which are third parties independent from the Company and its connected persons) to collect information about the terms and conditions of the relevant transactions and in relation to their comprehensive rates.

  • Datang Factoring Company shall, upon thorough negotiations with the Group, select appropriate projects and shall design and offer customised factoring business proposals within the scope of the Group’s business development and plan.

  • Datang Factoring Company shall help the Company to reduce the finance costs and optimise the financial structure while ensuring that the capital needs of the Company are met.

  • While ensuring that the capital needs of the Group are met, the Group has the right to choose the most favourable comprehensive rate to conduct factoring business with Datang Factoring Company, which will help the Group to reduce the finance costs, optimise the financial structure and strive for the maximization of the overall interests.

  • Since Datang Factoring Company is a subsidiary of CDC, Datang Factoring Company is a connected person of the Company.


More Definitions of Factoring Company

Factoring Company means a finance company that purchases a structured settlement payment stream from a payee in an SSFT.
Factoring Company. NAME: ADDRESS: CITY STATE ZIP CONTACT NAME: PHONE: FAX: WEBSITE: EMAIL:
Factoring Company. TCL Commercial Factoring (Shenzhen) Company Limited* (TCL商業保理(深圳)有限公司), a company incorporated in the PRC with limited liability; “Finance Company (HK)” TCL Finance (Hong Kong) Co., Limited, a company incorporated in Hong Kong with limited liability; “Finance Company” TCL Finance Co., Ltd.* (TCL 集 團 財 務 有 限 公 司 ), a company owned as to 82% by TCL Corporation, as to 14% by TCL King Electrical Appliances (Chengdu) Company Limited *(TCL 王 牌 電 器 ( 成 都 ) 有 限 公 司 ) (an associate of TCL Corporation and an indirect wholly-owned Subsidiary of the Company) and as to 4% by JRD Communication (Shenzhen) Ltd. (an indirect wholly-owned Subsidiary of TCL Communication Technology Holdings Limited, a TCL Associate); “Financial Leasing Company” TCL Financial Leasing (Zhuhai) Company Limited* (TCL 融資租賃( 珠海) 有限公司), a company incorporated in the PRC with limited liability;
Factoring Company. CONTACT: PHONE: BILLING ADDRESS: CITY: STATE: ZIP: Non-Competition Agreement CARRIER and DISPATCHER agree that DISPATCHER, at great expense, has developed a broad customer base of shippers, receivers, and brokers that is essential to the successful operations of Their company. CARRIER and DISPATCHER agree that disclosure of the identity of one or more of the companies said customers to CARRIER constitutes valuable consideration. During the term of this AGREEMENT and for a period of two years from its termination, CARRIER shall not, directly or indirectly, solicit or do business involving transportation or of a warehousing nature with any the companies customers who are serviced by CARRIER as a result of this AGREEMENT unless otherwise agreed by the parties in writing. Carrier acknowledges that the customer information being provided by DISPATCHER is the sole and exclusive property of DISPATCHER and that neither it, nor any employee, agent, or subcontractor shall back-solicit, directly or indirectly, communicate or perform any service for compensations for any account of DISPACTCHER which has previously tendered to CARRIER for transportation, nor shall it pass on or reveal any customer information obtained to any other person or company. Solicitation prohibited under this AGREEMENT means participation in any conduct, whether direct or indirect, the purpose of which involves transportation and/or handling of property by CARRIER for which CARRIER does, or did in the past, provide such service for that customer under arrangements first made or procured by DISPATCHER. Solicitation includes conduct initiated or induced by CARRIER, or accepted by CARRIER, upon inducement by DISPATCHER efforts. If CARRIER should perform services of a transportation or warehousing nature for compensation for any DISPATCHER customer without prior documented authorization from DISPATCHER during the applicable time period in violation of this AGREEMENT, CARRIER shall pay to DISPATCHER within ten (10) days of each such violation an amount equal to (10%) of all revenues invoiced by CARRIER to the solicited customer. CARRIER agrees that it will function under terms of this agreement strictly as duly permitted contract carrier, and hereby waves any and all rate provisions, which may be contained in its published carrier tariffs. This agreement shall be deemed to be effective on the first date that CARRIER, DISPATCHER, and SHIPPER ALSO DIRECT BROKERS commence business together, and the par...
Factoring Company. China Resources Commercial Factoring (Tianjin) Co., Ltd.* (華潤商業保理(天津)有限公司) (formerly knowns as Runxin Commercial Factoring Co., Ltd.* (潤鑫商業保理(天津)有限公司 )), a limited liability company incorporated in PRC, a wholly-owned subsidiary of CR Leasing as of the date of this announcement; “Green Channel” the priority approval procedure for processing the financing applications of the Group provided by the CR Leasing Group in compliance with its internal systems (as applicable);
Factoring Company. TCL Commercial Factoring (Shenzhen) Company Limited* (TCL商業保理(深圳)有限公司), a company incorporated in the PRC with limited liability; “Finance Company” TCL Finance Co., Ltd.* (TCL 集 團 財 務 有 限 公 司 ), a company owned as to 82% by TCL Corporation, as to 14% by TCL King Electrical Appliances (Chengdu) Company Limited*(TCL 王 牌 電 器 ( 成 都 ) 有 限 公 司 ) (an associate of TCL Corporation and an indirect wholly-owned Subsidiary of TCL Multimedia) and as to 4% by JRD Communication (Shenzhen) Ltd. (an indirect wholly-owned Subsidiary of TCL Communication Technology Holdings Limited, a TCL Associate);
Factoring Company. TCL Commercial Factoring (Shenzhen) Company Limited* (TCL商業保理(深圳)有限公司), a company incorporated in the PRC with limited liabilityFinance Company” TCL Finance Co., Ltd., a company owned as to 82% by TCL Corporation, as to 14% by TCL King Electrical Appliances ( Chengdu) Company Limited ( an associate of TCL Corporation and an indirect Subsidiary of TCL Electronics Holdings Limited, a company incorporated in the Cayman Islands with limited liability, the shares of which are listed on the main board of the Stock Exchange (stock code: 01070 ) and a TCL Associate) and as to 4 % by JRD Communication (Shenzhen) Ltd. (an indirect Subsidiary of TCL Communication Technology Holdings Limited, a company incorporated in the Cayman Islands with limited liability, and a TCL Associate) “Finance Company (HK)” TCL Finance (Hong Kong) Co., Limited, a company incorporated in Hong Kong with limited liability “Financing Servicesthe services of money lending and other financing (including loans, guarantees, receivable factoring, bill acceptance and bill discounting) which may be provided by TCL Financial Services Associates to Tonly Qualified Members pursuant to the relevant Master Financial Services (2018 Renewal) Agreement “Financial Leasing Company” TCL Financial Leasing (Zhuhai) Company Limited* (TCL融資租賃(珠海)有限公司), a company incorporated in the PRC with limited liability