Common use of Delivery of Advance Clause in Contracts

Delivery of Advance. Upon our initially making the amount of the Advance available for your use with the Invoice Payment Dashboard (defined below) (even if you choose not to spend any or all of the Advance), (a) you will deliver, and will cause to be delivered, on each day to us, the Applicable Percentage of Future Receivables until we have received the Specified Amount, and (b) you acknowledge that good, sufficient and valuable consideration has been received. You understand and acknowledge that the Advance will be made available to you from our bank account (“Clear Bank Account”) on or after the Closing Date to pay your Supplier(s) in connection with the Supplier Agreement on your behalf for the To Be Purchased Inventory using our invoice payment dashboard (such dashboard or any other form of transmittal acceptable to us in our sole and absolute discretion, the “Invoice Payment Dashboard”). While some of our other products or services may charge fees to use the Invoice Payment Dashboard, we will not charge you a fee to use the Invoice Payment Dashboard for any Advance made under this Agreement. The Invoice Payment Dashboard may not be used to redeem the Advance proceeds for cash.