Common use of Change in Future Receivables Clause in Contracts

Change in Future Receivables. If your generation of Future Receivables changes or is expected to change significantly, you may request a change in the Applicable Percentage on a go-forward basis. You will provide us any documents, materials or information we ask for to support your request, including your bank statements. We may approve or deny your request in our sole and absolute discretion. We will notify you if changes will be made, and any changes will be deemed the new Applicable Percentage until a subsequent change by us. You agree to diligently engage in continuous activity that generates Future Receivables to be delivered in accordance with this Section 4.6, starting no later than five (5) business days from the date that you receive the Advance. If you generate less Future Receivables than we anticipated or projected because your business has slowed down, or if your business ceases operations in the ordinary course of business, and if you have not in any way otherwise breached this Agreement, you will deliver less than the Specified Amount and not be deemed to be in breach of this Agreement.

Change in Future Receivables. If your generation of Future Receivables changes or is expected to change significantly, you may request a change in the Applicable Specified Percentage on a go-forward basis. You will provide us any documents, materials or information we ask for to support your request, including your bank statements. We may approve or deny your request in our sole and absolute discretion. We will notify you if changes will be made, and any changes will be deemed the new Applicable Specified Percentage until a subsequent change by us. You agree to diligently engage in continuous activity that generates Future Receivables to be delivered in accordance with this Section 4.64.7, starting no later than five (5) business days from the date that you receive the Advance. If you generate less Future Receivables than we anticipated or projected because your business has slowed down, or if your business ceases operations in the ordinary course of business, and if you have not in any way otherwise breached this Agreement, you will deliver less than the Specified Amount and not be deemed to be in breach of this Agreement.