������Ƶ

The Master Receivables Purchase Agreement is designed for situations where a business wishes to monetize its receivables through multiple sales over time. This English and Welsh law agreement provides a efficient structure for recurring receivables sales, eliminating the need for separate sale agreements for each transaction. It typically includes comprehensive provisions covering eligibility criteria, purchase price calculations, representations and warranties, and ongoing servicing arrangements. The agreement is particularly useful for businesses seeking to improve working capital management or establish securitization programs.

1. Parties: Identification and details of the seller and purchaser of the receivables

2. Background: Context of the agreement, commercial purpose, and brief description of the transaction structure

3. Definitions: Key terms and definitions used throughout the agreement

4. Sale and Purchase: Core provisions regarding the sale of receivables, including transfer mechanism and timing

5. Purchase Price: Calculation methodology, payment terms, and adjustment mechanisms for the purchase price

6. Representations and Warranties: Seller's assurances about receivables, business operations, and compliance with laws

7. Perfection Requirements: Steps required to perfect the sale, including notices and registrations

8. Servicing Provisions: Administration and collection of receivables post-sale, including reporting requirements