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Master Services Agreement between Reseller and Pride |
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100% Trade/Accounts Receivable Financing |
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Pride Retains Rights and Control of Resulting Receivable |
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Pride Assumes Liability for resulting Vendor Payable |
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Conferred Rights are Non-Recourse to Solutions Provider
(provided reseller is in compliance with MSA)
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Funds Aggregated to Lockbox |
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Profit Remitted to Reseller Less Interest Expense |
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Finance Fee Rate Ranges from 7-12% per Annum |
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