FastPay Agreement definition

FastPay Agreement means, collectively, the Financing and Security Agreement dated September 14, 2016 by and between FastPay and the Company, as amended by Amendment No. 1 dated September 14, 2016 (or similar asset based arrangement replacing the FastPay Agreement).
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FastPay Agreement has the meaning set forth in the Recitals to this Agreement.
Sample 1

Examples of FastPay Agreement in a sentence

  • From the date hereof until the Debentures are no longer outstanding, the Company will not amend the FastPay Agreement to increase the Maximum Line Amount (as defined in the FastPay Agreement) as of the date hereof.

  • The Company have entered into financing arrangement with Fastpay to expedite the accounts receivable recovery.Financing and Security Agreement with FastPayIn October 2019, we executed a Financing and Security Agreement, as amended (collectively, the "FastPay Agreement").

  • On the basis of no further Shares will be issued or bought back by the Company prior to the AGM, the Company would be allowed under the Buy-back Mandate to buy back up to a maximum of 1,858,756,472 fully paid-up Shares, representing 10% of the number of Shares in issue at the Latest Practicable Date.

  • The failure to satisfy covenants under the FastPay Agreement or the occurrence of other specified events that constitute an event of default, as defined, could result in the termination of the FastPay Agreement and/or the acceleration of our obligations.

  • For so long as any of the Series B Warrants remain outstanding, the Company shall not incur any additional Indebtedness (other than incurrence of indebtedness in the ordinary course of business under the FastPay Agreement as in effect on the date hereof (or similar asset based arrangement replacing the FastPay Agreement).

  • Our obligations under the FastPay Agreement are secured by a first position security interest in its accounts receivable, deposit accounts and all proceeds therefrom.The FastPay Agreement contains covenants that are customary for agreements of this type and are primarily related to accounts receivable and audit rights.

  • The FastPay Agreement was further amended in October 2021.Under the October 2021 amended terms of the FastPay Agreement, FastPay may, at its sole discretion, purchase our eligible accounts receivable.

  • Schedule 3(s) includes a detailed description of that certain Financing and Security Agreement with FastPay Partners LLC dated September 14, 2016, as amended by Amendment No. 1 also dated September 14, 2016 (the "FastPay Agreement").

  • We are also required to provide FastPay with 30-day notice of any transaction that result, or would result in, a “change of control” as defined in the FastPay Agreement.

Related to FastPay Agreement

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • 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.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Assistance Agreement means a for- mal, written agreement between the CDFI Fund and an Awardee which specifies the terms and conditions of assistance under this part;

  • TRIPS Agreement means the Agreement on Trade-Related Aspects of Intellectual Property Rights in Annex 1C to the WTO Agreement;

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Side Agreement means the Side Agreement for Transfer Agency Services between the Customer and Transfer Agent dated as of January 1, 2015.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Athlete Agreement means the agreement that must be completed by any Athlete wishing to be considered for nomination and selection to the Games Team in accordance with clause8.4 of the NZOC Nomination and Selection Regulation.

  • Fee Agreement means this Fee in Lieu of Tax Agreement.

  • Services Agreement means an agreement entered into between a Utility and one or more Affiliates for the provision of Shared Services or For Profit Affiliate Services and shall provide for the following matters as appropriate in the circumstances:

  • Intercompany Agreement means the agreement regarding the treatment of certain existing intercompany balances entered into on June 11, 2020 by and among ODBINV S.A. - Em Recuperação Judicial, Odebrecht S.A. - Em Recuperação Judicial and Odebrecht Engenharia e Construção S.A., as generally described and summarized in “The Restructuring – Treatment of Intercompany Claims” of the Consent Solicitation Statement.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Member Agreement means collectively the Membership and Account Agreement and any other account information provided to you by us from time to time.

  • Service Agreement means the initial agreement and any amendments or supplements thereto entered into by the Transmission Customer and the Transmission Provider for service under the Tariff.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Alliance Agreement has the meaning given to such term in paragraph 11.2 of Schedule 13 (Information and Industry Initiatives);

  • Master Services Agreement means that master services agreement among the Limited Partnership, the Company, Teekay Corporation and Brookfield XX XXXX L.P. dated as of the date hereof.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Exclusivity Agreement , in relation to land, means an agreement, by the owner or a lessee of the land, not to permit any person (other than the persons identified in the agreement) to construct a solar pv station on the land;”;

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

  • Payment Agreement means a written agreement which provides

  • Waiver Agreement means an agreement between

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Support Agreement has the meaning set forth in the Recitals.