Trust Receipts. The Goods and the Documents shall only be released to the relevant Borrower by the Agent against receipt by the Agent of a duly executed trust receipt from the relevant Borrower in the Agent's standard form at the time or (failing such execution) shall be deemed to be subject to a trust receipt in such form.
Appears in 2 contracts
Sources: Facility Agreement (Salton Inc), Facility Agreement (Salton Inc)
Trust Receipts. The Goods and the Documents shall only be released to the relevant Borrower by the Agent Lender against receipt by the Agent Lender of a duly executed trust receipt from the relevant Borrower in the Agent's Lender’s standard form at the time or (failing such execution) shall be deemed to be subject to a trust receipt in such form.
Appears in 1 contract
Sources: Facility Agreement (Viewsonic Corp)
Trust Receipts. The Goods and the Documents shall only be released to the relevant Borrower by the Agent against receipt by the Agent of a duly executed trust receipt from the relevant Borrower in the Agent's ’s standard form at the time or (failing such execution) shall be deemed to be subject to a trust receipt in such form.
Appears in 1 contract