Calculation of Purchase Price. The purchase price (“Purchase Price”) which is the amount funded as set forth on Schedule 1 is calculated as set forth on Schedule 1. The Purchase Price shall mean for the purposes of this Agreement with respect to an account, the gross face value of the Account as set forth on Schedule 1 (the “Face Value”) minus the Administrative Fees as set forth on Schedule 1 minus the Discount Rate as set forth on Schedule 1. Seller acknowledges that the Purchase Price of each Account reflects its fair value. CAM shall fund to Seller the Purchase Price upon compliance by Seller with each of the terms and conditions of this Agreement. ELECTRONICALLY FILED - 2018 Jan 22 8:48 AM - GREENVILLE - COMMON PLEAS - CASE#2018CP2300370
Appears in 3 contracts
Sources: Factoring Agreement, Factoring Agreement, Factoring Agreement
Calculation of Purchase Price. The purchase price (“Purchase Price”) which is the amount funded as set forth on Schedule 1 is calculated as set forth on Schedule 1. The Purchase Price shall mean for the purposes of this Agreement with respect to an account, the gross face value of the Account as set forth on Schedule 1 (the “Face Value”) minus the Administrative Fees as set forth on Schedule 1 minus the Discount Rate as set forth on Schedule 1. Seller acknowledges that the Purchase Price of each Account reflects its fair value. CAM shall fund to Seller the Purchase Price upon compliance by Seller with each of the terms and conditions of this Agreement. ELECTRONICALLY FILED - 2018 Jan 22 8:48 AM 19 3:03 PM - GREENVILLE - COMMON PLEAS - CASE#2018CP2300370
Appears in 3 contracts
Sources: Factoring Agreement, Factoring Agreement, Factoring Agreement
Calculation of Purchase Price. The purchase price (“Purchase Price”) which is the amount funded as set forth on Schedule 1 is calculated as set forth on Schedule 1. The Purchase Price shall mean for the purposes of this Agreement with respect to an account, the gross face value of the Account as set forth on Schedule 1 (the “Face Value”) minus the Administrative Fees as set forth on Schedule 1 minus the Discount Rate as set forth on Schedule 1. Seller acknowledges that the Purchase Price of each Account reflects its fair value. CAM shall fund to Seller the Purchase Price upon compliance by Seller with each of the terms and conditions of this Agreement. DocuSign Envelope ID: 4434E912-5553-409E-920B-5634563E11FB ELECTRONICALLY FILED - 2018 Jan 22 8:48 AM - GREENVILLE - COMMON PLEAS - CASE#2018CP2300370
Appears in 1 contract
Sources: Factoring Agreement