Financial agent definition
Examples of Financial agent in a sentence
Amount of financing to be credited to the Customer's account is a payment made by the Financial Agent in favor of the Customer, which amount is calculated as the difference between the amount of the assigned Money Claim and the Discount.
The said offset of counterclaims, the return (return) of goods, or other reduction in the amount of the assigned Money Claim are unlawful, and the Financial Agent has the right to challenge their legitimacy in the established manner.
In this case, the debt shall be repaid by making a payment by the Debtor in payment of the assigned Money Claim and/or in the form of a return of the Financing amount by the Customer to the Financial Agent.
In the event of failure and / or improper fulfillment by the Customer of the obligations stipulated by this clause, the Financial Agent shall also have the right to demand payment of a penalty for each day of delay in the amount of 0.1% of the amount, which payment is overdue, but not more than 50% of the overdue amount.
Tariffs is a document approved by the Financial Agent, determining the amount of the Financial Agent's Remuneration.