SY Factoring definition

SY Factoring. 盛 業 商 業 保 理 有 限 公 司 (SY Factoring Limited), a company established in the PRC and a subsidiary of the Group
Sample 1Sample 2Sample 3
SY Factoring. SY Factoring Limited* (盛業商業保理有限公司), a company established in the PRC with limited liability and an indirect wholly-owned subsidiary of the Company
Sample 1
SY Factoring. 盛業商業保理有限公司 (SY Factoring Limited*), a company established in the PRC and a subsidiary of the Company “Tianhe” 內蒙古天和醫藥有限責任公司 (Neimenggu Tianhe Medicine Company Limited*), a company established in the PRC with limited liability “Tianhe Group” Tianhe and its associated companies “Tianshan” 天津昆侖天山國際貿易有限公司 (Tianjin Kunlun Tianshan International Trading Company Limited*), a company established in the PRC with limited liability “Tianshan Group” Tianshan and its associated companies “Wanrong” 寧波萬榮天誠國際貿易有限公司 (Ningbo Wanrong Tiancheng International Trading Company Limited*), a company established in the PRC with limited liability “Wanrong Group” Wanrong and its associated companies
Sample 1

Examples of SY Factoring in a sentence

  • The credit limit could be granted by SY Factoring or any of its associated companies but the accumulated credit limit would not exceed the credit limit granted by SY Factoring.

  • The disposal is without recourse against SY Factoring, which means that SY Factoring is not liable for default in payment by the Debtor.

  • On 23 February 2023, SY Factoring entered into the Framework Disposal Agreement with the Purchaser pursuant to which SY Factoring agreed to dispose of and the Purchaser agreed to acquire accounts receivables from SY Factoring in an aggregate amount of not more than RMB5 billion.

  • The services were provided in consideration of the Purchaser agreeing to enter into the Disposal Agreement and therefore no service fee will be charged by SY Factoring for the services provided by it.

  • After the completion of the Disposal Agreement, the Debtor shall continue to pay the monies due under the Accounts Receivable to SY Factoring, which shall then transfer the monies received to the Purchaser.

  • Pursuant to the terms of the Framework Disposal Agreement, SY Factoring agreed to provide accounts receivable management service in relation to the Accounts Receivable to the Purchaser.

  • Further, the Debtor acknowledged that SY Factoring has been appointed to manage the Accounts Receivable.

  • SY Factoring shall collect the monies due from the Debtor under the Accounts Receivable for and on behalf of the Purchaser and SY Factoring shall transfer the monies collected to a designated bank account of the Purchaser on the date of receipt of the monies (or the next business day if the date of receipt of the monies is not a business day).

  • Pursuant to the transfer registration agreement between SY Factoring and the Purchaser on 23 February 2023, SY Factoring agreed to provide assistance to the Purchaser to register in the Zhongdeng Net the transfer of accounts receivable being disposed of by SY Factoring to the Purchaser pursuant to the Framework Disposal Agreement including the Accounts Receivable.

  • The Board hereby announces that on 29 March 2019, SY Factoring entered into the Second Supplemental Factoring Agreement (Customer L) with Customer L pursuant to which the expiry date of the credit period was revised from 30 April 2019 to 30 April 2020.


More Definitions of SY Factoring

SY Factoring. 盛業商業保理有限公司 (SY Factoring Limited), a company established in the PRC with limited liability and an indirect wholly-owned subsidiary of the Group “Wuxi Communications” 無 錫 市 交 通 產 業 集 團 有 限 公 司 (Wuxi Communications Industry Group Company Limited*), a state-owned enterprise established in the PRC with limited liability and it is principally engaged in the business of, among other things, the provision of investment in transportation, infrastructure construction and related industries, and is the holding company of Wuxi Tonghui “Wuxi Guojin” 無 錫 國 金 商 業 保 理 有 限 公 司 (Wuxi Guojin Factoring Limited*), a company established in the PRC with limited liability and it is principally engaged in the business of, among other things, the provision of commercial factoring. Xxxx Xxxxxx is owned as to 60% by Xxxx Xxxxxxx and 40% by Xxxxx Xxxx and is an associated company of the Company “Wuxi Tonghui” 無錫通匯投資有限公司 (Wuxi Tonghui Investment Company Limited*), a state-owned enterprise established in the PRC with limited liability and a subsidiary of Wuxi Communications which principal business is, among other things, investment and investment management and is the holder of 60% equity interest in Xxxx Xxxxxx “%” per cent Hong Kong, 3 July 2020
Sample 1
SY Factoring. 盛 業 商 業 保 理 有 限 公 司 (SY Factoring Limited), a company established in the PRC and a subsidiary of the Group “Third Supplemental Factoring Agreement (Customer A)” “Third Supplemental Factoring Agreement (Customer D)” the third supplemental factoring agreement being entered into between Customer A and SY Factoring on 16 April 2018 pursuant to which i) the revolving factoring loan credit limit granted by SY Factoring to Customer A was revised from RMB260,000,000 to RMB600,000,000; ii) the service fee was revised from not more than 0.35% of each accounts receivable assigned to not more than 1% of each accounts receivable assigned; and iii) the expiry date of the credit period was revised from 15 April 2018 to 28 March 2019 the third supplemental factoring agreement being entered into between Customer D and SY Factoring on 16 April 2018 pursuant to which i) the revolving factoring loan credit limit granted by SY Factoring to Customer D was revised from RMB250,000,000 to RMB400,000,000; ii) the interest rate was revised from not more than 13.5% per annum to 10-15% per annum; iii) the service fee was revised from not more than 0.35% of each accounts receivable assigned to not more than 1% of each accounts receivable assigned; and iv) the expiry date of the credit period was revised from 15 April 2018 to 1 April 2019
Sample 1
SY Factoring. 盛業商業保理有限公司 (SY Factoring Limited), a company established in the PRC with limited liability and an indirect wholly-owned subsidiary of the Group “Third Supplemental Guarantee Agreement” the third supplemental guarantee agreement entered into between SY Factoring, Xxxx Xxxxxx, Wuxi Communications and Xxxx Xxxxxxx on 18 June 2021 “Wuxi Communications” 無錫市交通產業集團有限公司 (Wuxi Communications Industry Group Company Limited*), a state-owned enterprise established in the PRC with limited liability and it is principally engaged in the business of, among other things, the provision of investment in transportation, infrastructure construction and related industries, and is the holding company of Wuxi Tonghui “Wuxi Guojin” 無錫國金商業保理有限公司 (Wuxi Guojin Factoring Limited*), a company established in the PRC with limited liability and it is principally engaged in the business of, among other things, the provision of commercial factoring. Xxxx Xxxxxx is owned as to 60% by Xxxx Xxxxxxx and 40% by Xxxxx Xxxx and is an associated company of the Company “Wuxi Tonghui” 無錫通匯投資有限公司 (Wuxi Tonghui Investment Company Limited*), a state-owned enterprise established in the PRC with limited liability and a subsidiary of Wuxi Communications which principal business is, among other things, investment and investment management and is the holder of 60% equity interest in Xxxx Xxxxxx “%” per cent Hong Kong, 18 June 2021
Sample 1
SY Factoring. 盛 業 商 業 保 理 有 限 公 司 (SY Factoring Limited), a
Sample 1

Related to SY Factoring

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Sustainability Factors means environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • PTCE 95-60 As defined in Section 5.02(b). PUD: A planned unit development.

  • Moody’s Discount Factor means the discount factors set forth in the Moody's Guidelines for use in calculating the Discounted Value of the Fund's assets in connection with Moody's long-term preferred share ratings of the VRDP Shares at the request of the Fund.

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Transaction Category means the particular type of repurchase transaction effected hereunder, as determined with reference to the term of the transaction and the categories of Securities that constitute Eligible Securities therefor, which term shall include FICASH I Transactions, FICASH II Transactions, FICASH III Transactions, FITERM I Transactions, FITERM II Transactions, FITERM III Transactions, and such other transaction categories as may from time to time be designated by the Funds by notice to Seller, Custodian and Repo Custodian.

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Preferred Shares.

  • Retail margin means an amount, reflecting differences in

  • Summative evaluation means the comprehensive, end-of-cycle appraisal and shall incorporate the results of the minimum required observations, any additional observations, and required component-level data. At the discretion of the Evaluator, it may also include additional announced or unannounced observation data beyond the required observation data provided by other Credentialed Observers.

  • S&P Volatility Factor means 277% or such other potential dividend rate increase factor as S&P advises the Corporation in writing is applicable.

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Reference evapotranspiration or “ETo” means a standard measurement of environmental parameters which affect the water use of plants. ETo is given expressed in inches per day, month, or year as represented in Appendix C of these Guidelines, and is an estimate of the evapotranspiration of a large field of four to seven-inch tall, cool-season grass that is well watered. Reference evapotranspiration is used as the basis of determining the Maximum Applied Water Allowances.

  • Discount Factor means the percentage discount applied to additional APCs when more than one APC is provided during the same visit (including the same APC provided more than once). Not all APCs are subject to a discount factor.

  • Stress Factor means 2.25.

  • Technique factors means the following conditions of operation:

  • Necessary Margin for CFD trading shall mean the necessary margin required by the Company so as to maintain Open Positions.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Local Facilities means working capital facilities provided to a Grantor (other than Beverage Packaging Holdings (Luxembourg) I S.A., Beverage Packaging Holdings (Luxembourg) II S.A. Beverage Packaging Holdings (Luxembourg) III S.à.x.x. and the Borrowers) by a Local Facility Provider and “Local Facility” means any of them.

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Power Factor means the ratio of usage power measured in kW to total power measured in kVA;

  • SFTR means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • Quality factor (Q) means the modifying factor, listed in Tables I and II of 38.4(4), that is used to derive dose equivalent from absorbed dose.

  • Note Factor means, with respect to the Notes or any Class of Notes on any Payment Date, a six-digit decimal figure equal to the Note Balance of the Notes or such Class of Notes, as applicable, as of the end of the preceding Collection Period divided by the Note Balance of the Notes or such Class of Notes, as applicable, as of the Closing Date. The Note Factor will be 1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of the Notes or such Class of Notes, as applicable.

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Sewage sludge fee weight means the weight of sewage sludge, in dry U.S. tons, excluding admixtures such as liming materials or bulking agents. Annual sewage sludge fees, as per section 3745.11(Y) of the Ohio Revised Code, are based on the reported sludge fee weight for the most recent calendar year.