Common use of Electronic Check Processing Agreement Clause in Contracts

Electronic Check Processing Agreement. Merchant will not change its Processor, add terminals, change its financial institution or bank account(s)or take any other action that could have any adverse effect upon Merchant’s obligations under this Agreement, without FUNDER’s prior written consent. Any such changes shall be a material breach of this Agreement.

Appears in 5 contracts

Samples: Revenue Purchase Agreement (Clearday, Inc.), Revenue Based Factoring (Clearday, Inc.), Revenue Purchase Agreement (Clearday, Inc.)

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Electronic Check Processing Agreement. Merchant will shall not change its Processorprocessor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could have any adverse effect upon Merchant’s obligations or impede Purchaser’s rights under this Agreement, without FUNDERPurchaser’s prior written consent. Any such changes shall be a material breach of this Agreement.

Appears in 4 contracts

Samples: Agreement of Sale of Future Receivables (Vystar Corp), Agreement of Sale of Future Receipts (SHARING SERVICES GLOBAL Corp), Agreement of Sale of Future Receipts (Spectrum Global Solutions, Inc.)

Electronic Check Processing Agreement. Merchant will not change its Processor, add terminals, change its financial institution or bank account(s)or take any other action that could have any adverse effect upon Merchant’s obligations under this Agreement, without FUNDERRCNY’s prior written consent. Any such changes shall be a material breach of this Agreement.

Appears in 2 contracts

Samples: Revenue Purchase Agreement (PARTS iD, Inc.), Security Agreement and Guaranty (PARTS iD, Inc.)

Electronic Check Processing Agreement. Merchant will not change its Processor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could have any adverse effect upon Merchant’s obligations under this Agreement, without FUNDER’s ‘s prior written consent. Any such changes shall be a material breach of this Agreement.

Appears in 1 contract

Samples: Revenue Purchase Agreement (Zerify, Inc.)

Electronic Check Processing Agreement. Merchant will shall not change its Processorprocessor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could have any adverse effect upon Merchant’s obligations or impede Purchaser’s rights under this Agreement, without FUNDERPurchaser’s prior written consent. Any such changes shall , which consent may not be a material breach of this Agreementunreasonably withheld.

Appears in 1 contract

Samples: Agreement of Sale of Future Receipts (1847 Holdings LLC)

Electronic Check Processing Agreement. Merchant will not change its Processor, add terminals, change its financial institution or bank account(s)or take any other action that could have any adverse effect upon Merchant’s obligations under this Agreement, without FUNDERVCG’s prior written consent. Any such changes shall be a material breach of this Agreement.. 2.6

Appears in 1 contract

Samples: Security Agreement (Ameriguard Security Services, Inc.)

Electronic Check Processing Agreement. Merchant will shall not change its Processorprocessor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could have any adverse effect upon Merchant’s 's obligations or impede Purchaser's rights under this Agreement, without FUNDER’s Purchaser's prior written consent. Any such changes shall be a material breach of this Agreement.k.

Appears in 1 contract

Samples: Agreement of Sale of Future Receipts (Sharing Services, Inc.)

Electronic Check Processing Agreement. During the term of this Agreement, Merchant will shall not change its Processor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could would reasonably be expected to have any an adverse effect upon Merchant’s obligations under this Agreement, without FUNDERPurchaser’s prior written consent. Any such changes shall be a material breach of this Agreement.

Appears in 1 contract

Samples: Revenue Purchase Agreement (Clearday, Inc.)

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Electronic Check Processing Agreement. Merchant will not change its Processorprocessor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could have any adverse effect upon Merchant’s 's obligations under this Agreement, without FUNDER’s GCF prior written consent. Any such changes shall be a material breach of this Agreement.

Appears in 1 contract

Samples: Security Agreement (SANUWAVE Health, Inc.)

Electronic Check Processing Agreement. Merchant will not change its Processorprocessor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could have any adverse effect upon Merchant’s obligations under this Agreement, without FUNDER’s GCF prior written consent. Any such changes shall be a material mate rial breach of this Agreement.

Appears in 1 contract

Samples: Future Receivables Agreement (SANUWAVE Health, Inc.)

Electronic Check Processing Agreement. Merchant will not change its Processor, add terminals, change its financial institution or bank account(s)or account(s), add bank accounts, restrict ACH transfers or take any other action that could have any adverse effect upon Merchant’s obligations under this Agreement, without FUNDERBCP’s prior written consent. Any such changes, even such changes which may occur outside the control of the Merchant, but left uncured within three (3) days of notice shall be a material breach of this Agreement.

Appears in 1 contract

Samples: Merchant Agreement (Mobiquity Technologies, Inc.)

Electronic Check Processing Agreement. Merchant will not change its Processorprocessor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could have any adverse effect upon Merchant’s 's obligations under this Agreement, without FUNDER’s PURCHASER'S prior written consent. Any such changes change shall be a material breach of this Agreement.

Appears in 1 contract

Samples: Factoring Agreement (Activecare, Inc.)

Electronic Check Processing Agreement. Merchant will not change its Processorprocessor, add terminals, change its financial institution or bank account(s)or account(s) or take any other action that could have any adverse effect upon Merchant’s 's obligations under this Agreement, without FUNDER’s 's prior written consent. Any such changes change shall be a material breach of this Agreement.

Appears in 1 contract

Samples: Security Agreement (Activecare, Inc.)

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