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Unidroit Convention on International Factoring (28 May 1988)

[Preamble]

CHAPTER I - SPHERE OF APPLICATION AND GENERAL PROVISIONS

Article 1

Article 2

Article 3

Article 4

CHAPTER II - RIGHTS AND DUTIES OF THE PARTIES

Article 5

Article 6

Article 7

Article 8

Article 9

Article 10

CHAPTER III - SUBSEQUENT ASSIGNMENTS

Article 11

Article 12

CHAPTER IV - FINAL PROVISIONS

Article 13

Article 14

Article 15

Article 16

Article 17

Article 18

Article 19

Article 20

Article 21

Article 22

Article 23

[Post Provisions]

[Post Clauses (If any: Signed; Witnessed; Done; Authentic Texts; & Deposited Clauses)]

Metadata

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Manifest

SiSU Manifest, alternative outputs etc.

Unidroit Convention on International Factoring (28 May 1988)

UNIDROIT

copy @ Lex Mercatoria

Unidroit Convention on International Factoring (28 May 1988)

CHAPTER II - RIGHTS AND DUTIES OF THE PARTIES

Article 5

As between the parties to the factoring contract:

(a) a provision in the factoring contract for the assignment of existing or future receivables shall not be rendered invalid by the fact that the contract does not specify them individually, if at the time of conclusion of the contract or when they come into existence they can be identified to the contract;

(b) a provision in the factoring contract by which future receivables are assigned operates to transfer the receivables to the factor when they come into existence without the need for any new act of transfer.


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