Selling initiator

• the sale order which includes minimum data about the receivable (annex to the regulation);
• the invoice certifying the receivable or other equivalent certifying document;
• the undertaking under authorized signature that it shall not set-off/assign the respective receivable for as long as its sale order is under performance at RCE, in a different manner than that established by the regulation of the exchange (annex to the regulation);
• an affidavit under authorized signature, declaring that the receivable arose further to the supply of goods/services to the debtor and that it is not fully set-off/assigned (annex to the regulation);
• the power of attorney granted to the person which shall represent it, if applicable (annex to the regulation); in the case of the natural person initiators, the power of attorney shall be legalized by the notary public;
• the evidence attesting to the payment to RCE of the duty for the registration of the sale order;
• the fiscal obligation certificate issued by the competent fiscal body;
• the approval of the fiscal body, as the case may be, regarding the trading of the commercial receivable if the assignor has outstanding fiscal obligations.

• the receivable to which the sale order refers shall not form the object of a receivable assignment or security interest in personal property contract registered with the “Electronic Archive of Security Interests in Personal Property” or it shall not have been fully set-off;
• the establishing invoice shall be expressly accepted by the debtor, if it is not registered according to Government Emergency Ordinance No. 77/1999.

• the debtor’s denomination/name and basic identification data;
• the amount of the receivable intended to be traded;
• the minimum value which may be supplemented in the responding (complementary) orders;
• the date of the trading session.

• the responding order for the purchase of the published receivable (annex to the regulation);
• an affidavit, under authorized signature, declaring that it does not hold, directly or indirectly, participations exceeding 10% in the debtor’s social capital, respectively that the debtor does not hold, directly or indirectly, participations exceeding 10% in the purchasing initiator's social capital (annex to the regulation);
• the power of attorney granted to the person which shall represent him/her/it, if applicable (annex to the regulation); in the case of the natural person bidders, the power of attorney shall be legalized by the notary public;
• the undertaking to pay the fee to RCE, if the purchasing initiator becomes a party in a receivable assignment contract (annex to the regulation);
• the evidence attesting to the payment to RCE of the duty for the registration of the purchase order;
• the fiscal obligation certificate issued by the competent fiscal body, according to which the natural person or legal entity, having the capacity as purchaser, does not have outstanding fiscal obligations.

• the list of the receivables to be traded in the respective session, presented according to their entries in the order of their registration with RCE;
• the value remaining to be traded (which includes VAT) from the initiator's orders scheduled for the current trading session;
• the starting percentage of the auction for each order scheduled for the current trading session;
• the auction peak (it is the initial peak, expressed in percentage, used during the performance of the auction);
• the additional peak (it is the peak, expressed in percentage, used as of the moment when two or several bidders accept the announced percentage);
• the reserve peak (it is the peak, expressed in percentage, used to decide between bidders if no bidder offers the announced percentage);
• the denomination/first name and surname and the floor numbers of the bidders, in the order of their registration.

• the initiator, the successful bidders and the session coordinator shall sign the trading notes, in three originals, one for each party;
• the members of the commission, the successful bidders and the purchasing bidders which obtained the statute as reserve shall sing the trading minutes.

• the denomination/first name and surname of the initiator;
• the name of the debtor of the receivable;
• elements of every invoice or equivalent certifying document;
• the denomination/first name and surname of the successful bidders;
• the value of the receivable assignment contract;
• the prices for which the receivables were traded;
• the fees due to RCE;
• the purchasing bidders which obtained the statute as reserve and the percentages which shall be used to calculate the prices, for which such shall conclude the assignment contracts, if such shall be the case.