Purchased Receivables
Purchased Receivables. Shall mean all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.
Purchased Receivables. Receivables purchased by Lead from a Merchant Advance Company under a Master Participation Agreement as described in an Offer
All Definitions
Found in
First Foods Group, Inc. contract