Type of Facility. You will sell to us and we will purchase your Debts on the following basis: 2.1 You have an invoice discounting facility, which means you will maintain the sales ledger; 2.2 We appoint you until further notice to act as our undisclosed collection agents to collect Debts from your Customers.
Appears in 2 contracts
Sources: Receivables Finance Agreement (Corgi International LTD), Receivables Finance Agreement (Corgi International LTD)
Type of Facility. You will sell to us and we will purchase your Debts on the following basis:
2.1 You have an invoice discounting facility, which means you will maintain the sales ledger;.
2.2 We appoint you until further notice to act as our undisclosed collection agents to collect Debts from your Customers.
Appears in 1 contract
Sources: Receivables Finance Agreement (Corgi International LTD)