Common use of OPERATING CONDITIONS Clause in Contracts

OPERATING CONDITIONS. Part III – Provisions relating to Invoice Discounting only, will cease to apply to you and Operating Conditions – Part IV – Provisions relating to Factoring Clients only will become applicable; and

OPERATING CONDITIONS. Part III – Provisions relating to Invoice Discounting only, Clients only which only apply to Invoice Discounting Clients will cease to apply to you and Operating Conditions – Part IV – Provisions relating to Factoring Clients only will become applicable; andapply;