receivables assignment contracts

Luque Ascanio

New Member
Spanish/ Spain
Could somebody tell me what does it mean Receivables Assignment Contracts inside this context?

As the Purchasers are interested to buy the shares ... when the conditions ... are met and the Trade Co. has no debts ... , the parties agree that the Purchasers shall also transfer ... into the Escrow Account ...., also the amount necessary for the repayment of all the debts mentioned ... on the basis of i.e. the receivables assignment contracts concluded between the Seller and the Purchaser.
 
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