Financed Transaction definition

Financed Transaction a transaction whereby Debtor has agreed to purchase Pre-Sold Goods from a Supplier for resale to the Buyer of such Pre-Sold Goods, concerning which Secured Party has been requested to providing financing hereunder to enable Debtor to acquire the subject Pre-Sold Goods.

Financed Transaction. A transaction whereby Secured Party, upon the Debtor’s request, makes a Purchase Money Advance.

Financed Transaction means a transaction whereby Secured Party has agreed to provide financing hereunder to enable Debtor to acquire, and/or request the manufacture of, the Financed Goods from or by a Supplier to fulfill the Eligible Purchase Order.

Examples of Financed Transaction in a sentence

• Pursuant to the terms of a security agreement dated as of February 2014 by and between the Borrower and the Holder the obligations of the Borrower hereunder are secured by a continuing security interest in the Goods which are the subject of the Financed Transaction for which the Principal Amount is advanced and on the Accounts (as defined in the said security agreement) of the Buyer with respect to the Financed Transaction for which the Principal Amount is advanced.

• Debtor agrees to sell to Secured Party any and all Accounts arising out of the sale of Pre-Sold Goods which are the subject of a Financed Transaction, and such sales price shall be reduced by the amount of the Advance, plus any additional charges, accruals or other additions due and owing under this Addendum or the Factoring Agreement.

More Definitions of Financed Transaction

Financed Transaction means a transaction whereby Debtor has agreed to provide financing hereunder to enable Debtor to acquire and manufacture the subject Goods.