Third Party Finance definition
Examples of Third Party Finance in a sentence
If the Tenant shall receive an offer of Third Party Finance Resource on terms which are not reasonably satisfactory to the Tenant it shall notify the Landlord and shall state why such terms are unsatisfactory.
The Tenant shall give the Landlord full details of the Financial Resource available to the Tenant including evidence of (in the case of Third Party Finance Resource) the relevant offer or facility agreement, who shall act reasonably in considering whether the Finance Resource satisfies the Funding Condition.
If all the Directors determine that: (i) the Company requires additional finance; but (ii) Third Party Finance is not available on reasonable commercial terms, the Company will seek to raise further financing through the issue of shareholder instruments, subject to the approval of Shareholders in accordance with paragraph 2 of Schedule 4.
The Managed Care Department is notified by Third Party Finance of increases in Days Sales Outstanding or any aberrant payment patterns with Payors.
The Third Party Finance shall not confer any right on the lender to participate in the share capital of the Company unless the Shareholders agree in accordance with Clause 20.
The Shareholders shall actively cooperate with the Company in seeking to obtain the Third Party Finance but there shall be no recourse to the Shareholders in respect of the Third Party Finance and the Shareholders shall not be required to provide guarantees or security in respect of the Third Party Finance.
The Third Party Finance Department closely monitors payment practices.
In such cases, the Customer agrees to pay the Charges directly to the Third Party Finance Provider in accordance with its obligations under these Terms.
You agree and acknowledge that failure to execute a Third Party Finance Agreement prior to delivery of Equipment may result in further administrative and cancellation charges being incurred by you, as advised by us.
The Third Party Administration and Third Party Finance departments support the efforts of the Managed Care Department and are also responsible for supporting this credit policy.