Additional Warranties, Representations and Covenants. In addition to the foregoing warranties, representations and covenants, to induce Buyer to buy receivables and to render its services to Seller, Seller hereby represents, warrants, covenants and agrees that: (A) Seller will not assign, transfer, sell, or grant , or permit any lien or security interest in any Purchased Receivables or Collat- eral to or in favor of any other party, without Buyers prior written consent;
Appears in 2 contracts
Samples: Factoring Agreement (Source Scientific Inc), Factoring Agreement (Source Scientific Inc)
Additional Warranties, Representations and Covenants. In addition to the foregoing warranties, representations and covenants, to induce Buyer to buy receivables and to render its services to Seller, Seller hereby represents, warrants, covenants and agrees that: (A) Seller will not assign, transfer, sell, or grant , or permit any lien or security interest in any Purchased Receivables or Collat- eral Collateral to or in favor of any other party, without Buyers Buyer's prior written consent;
Appears in 1 contract
Samples: Accounts Receivable Purchase Agreement (Prosoft I Net Solutions Inc)
Additional Warranties, Representations and Covenants. In addition to the foregoing warranties, representations and covenants, to induce Buyer to buy receivables and to render its services to Sellerreceivables, Seller hereby represents, warrants, covenants and agrees that: (A) that Seller will not assign, transfer, sell, or grant grant, or permit any lien or security interest in any Purchased Receivables or Collat- eral Collateral to or in favor of any other party, without Buyers Buyer’s prior written consent;.
Appears in 1 contract
Samples: Retail Installment Contract Receivable (Avangard Capital Group, Inc)