Factoring Fee definition

Factoring Fee means any fee charged by the financer to process the transaction plus the difference between the face value of a legally enforceable claim and the purchase price that the financer agrees to pay the recipient for assignment of that legally enforceable claim.
Factoring Fee shall have that meaning as set forth in Section C.5 herein.
Factoring Fee the Factoring Fee Percentage multiplied by the Face Amount of a Purchased Account, for each Factoring Fee Period that any portion thereof remains unpaid, computed from the end of the Initial Fee Period to and including the date on which a Purchased Account is Closed.

Examples of Factoring Fee in a sentence

  • Notwithstanding the preceding, if the Factoring Fee is less than the Minimum Factoring Fee, then Seller shall pay to Buyer the Minimum Factoring Fee in place of the Factoring Fee for said Purchased Receivable.

  • The Late Payment Factoring Fee, on demand, on all past due amounts due from Seller to Purchaser hereunder.

  • These projections, and the assumptions on which they are based, are included in the Projected Financial Information annexed hereto as Exhibit C.

  • The Factoring Fee on the date on which a Purchased Account is Closed.

  • The Initial Factoring Fee (i) on the Late Payment Date or (ii) the date on which a Purchased Account is closed, whichever is earlier.


More Definitions of Factoring Fee

Factoring Fee. The fee referred to in clause 9(1).
Factoring Fee of any Bank Purchaser means the fee payable to the Purchaser for the benefit of such Bank Purchaser pursuant to Section 4.2.
Factoring Fee shall have the meaning set forth in the Factoring Agreement.
Factoring Fee means the fee mentioned under Art. 12 (Fees and charges) of Chapter 1 (General Provisions) of these GFC.
Factoring Fee means the face value of a legally enforceable claim minus the original advance amount and the reserve amount, if applicable.
Factoring Fee means the fee mentioned under article 11 of the GFC.
Factoring Fee means the Factoring Fee Percent multiplied by the Face Amount of each Purchased Account.