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The Master Receivables Purchase Agreement is a sophisticated financial instrument used when a company wishes to monetize its receivables portfolio on an ongoing basis. This agreement type is particularly well-suited to the Swiss legal environment, which provides a robust framework for financial transactions and asset transfers. The document establishes a comprehensive structure for multiple receivables purchases over time, eliminating the need for separate agreements for each transaction. It incorporates specific Swiss law requirements for valid assignment of receivables, addresses data protection obligations under Swiss legislation, and includes provisions for servicing and collection arrangements. The agreement is typically used in trade finance, supply chain finance, or general working capital financing scenarios, where companies seek to optimize their working capital position through the sale of receivables. The document includes detailed provisions for eligibility criteria, purchase price calculations, representations and warranties, and operational procedures, all tailored to comply with Swiss legal requirements and market practice.

1. Parties: Identification of the Seller and Purchaser, including their full legal names, registration details, and addresses

2. Background: Context of the agreement, including the Seller's business, nature of receivables, and purpose of the purchase arrangement

3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including Swiss law-specific terminology

4. Sale and Purchase Framework: Framework terms for the ongoing purchase of receivables, including offer and acceptance mechanism

5. Eligibility Criteria: Criteria that receivables must meet to be eligible for purchase

6. Purchase Price and Payment: Calculation of purchase price, payment mechanics, and timing

7. Assignment and Transfer: Provisions for legal assignment under Swiss law, including form requirements and perfection

8. Representations and Warranties: Seller's and Purchaser's representations and warranties, including Swiss law-specific confirmations

9. Servicing Provisions: Terms for collection and servicing of purchased receivables

10. Information and Reporting: Requirements for reporting on receivables performance and portfolio information

11. Data Protection: Compliance with Swiss data protection laws regarding debtor information

12. Events of Default: Circumstances constituting default and consequences

13. Termination: Terms for termination of the agreement and consequences

14. Governing Law and Jurisdiction: Swiss law as governing law and jurisdiction provisions