Delivery of Purchased Amount. The Purchased Amount shall be delivered by Seller to Buyer in the amount of the Remittance Amount (subject adjustment as described below) at the end of each Remittance Period, commencing on the Effective Date and ending on the Termination Date. Buyer reserves the right to apply amounts received by it under this Agreement to any fees or other charges due to Buyer from Seller prior to applying such amounts to reduce the outstanding undelivered balance of the Purchased Amount.
Appears in 6 contracts
Samples: Future Receipts Sale and Purchase Agreement (First Person Ltd.), Future Receipts Sale and Purchase Agreement (Cannabis Bioscience International Holdings, Inc.), Future Receipts Sale and Purchase Agreement (Clearday, Inc.)
