Common use of ADVANCE AND RESERVE Clause in Contracts

ADVANCE AND RESERVE. Advance Rate: Section 1.3 Percentage of face amount of the Accounts for Advance: Seventy Percent (70%). Reserve: Section 1.3 Percentage of Account balance for Reserve: N/A.

Appears in 1 contract

Sources: Domestic Factoring Agreement (Southwall Technologies Inc /De/)

ADVANCE AND RESERVE. Advance Rate: Section 1.3 Percentage of face amount of the Accounts for Advance: Seventy Eighty Percent (7080%). Reserve: Section 1.3 Percentage of Account balance for Reserve: N/A.

Appears in 1 contract

Sources: Factoring Agreement (Southwall Technologies Inc /De/)