AGREEMENT TO FUND ACCOUNTS AND CONDITIONS OF FUNDING. Subject to the terms and conditions of this Agreement, AmeriFirst agrees to fund Accounts with Merchant’s Buyers for a price AmeriFirst shall from time to time establish. AmeriFirst may at any time, and, from time to time, in its sole discretion prospectively modify the terms and conditions with respect to the financing it may provide. AmeriFirst may suspend, and restart, any Program options from time to time as determined by AmeriFirst in its sole discretion. AmeriFirst may reject and accept credit applications in its sole discretion. AmeriFirst shall not be obligated to take any action under a credit application, including accepting or approving the credit application or making future credit available to a Buyer. Merchant acknowledges and agrees that AmeriFirst has sole authority to prescribe the terms and conditions of the Contract and Loan Agreement and the credit standards and criteria of current and prospective Buyers and that AmeriFirst may change form and content of the Contract and Loan Agreement and AmeriFirst's credit standards at any time without notice to Merchant. AmeriFirst has no obligation to approve any particular contract purchase or to approve loans or contract purchases meeting any particular set of requirements. AmeriFirst may withdraw any previously issued approval as determined by AmeriFirst in its sole discretion.
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Samples: Merchant Financing Agreement, Merchant Financing Agreement, Merchant Financing Agreement
AGREEMENT TO FUND ACCOUNTS AND CONDITIONS OF FUNDING. Subject to the terms and conditions of this Agreement, AmeriFirst XxxxxXxxxx agrees to fund Accounts with MerchantXxxxxxxx’s Buyers for a price AmeriFirst shall from time to time establish. AmeriFirst may at any time, and, from time to time, in its sole discretion prospectively modify the terms and conditions with respect to the financing it may provide. AmeriFirst may suspend, and restart, any Program options from time to time as determined by AmeriFirst in its sole discretion. AmeriFirst may reject and accept credit applications in its sole discretion. AmeriFirst shall not be obligated to take any action under a credit application, including accepting or approving the credit application or making future credit available to a Buyer. Merchant Xxxxxxxx acknowledges and agrees that AmeriFirst has sole authority to prescribe the terms and conditions of the Contract and Loan Agreement and the credit standards and criteria of current and prospective Buyers and that AmeriFirst may change form and content of the Contract and Loan Agreement and AmeriFirst's credit standards at any time without notice to Merchant. AmeriFirst has no obligation to approve any particular contract purchase or to approve loans or contract purchases meeting any particular set of requirements. AmeriFirst may withdraw any previously issued approval as determined by AmeriFirst in its sole discretion.
Appears in 1 contract
Samples: Merchant Financing Agreement