No Assignment of Payments. Xxxxxxxx will not assign to any third party any payments due by Merchant under this Agreement. All indebtedness arising from charges will be for bona fide sales of goods or services (or both) at Merchant’s establishments and free of liens, claims and encumbrances other than ordinary sales taxes. For the avoidance of doubt, the prohibition on assigning payments due by Merchant does not apply to MAS, its affiliates or a partner of MAS or its Affiliates.
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Samples: Terms and Conditions, Terms and Conditions
No Assignment of Payments. Xxxxxxxx will not assign to any third party any payments due by Merchant under this Agreement. All indebtedness arising from charges will be for bona fide sales of goods or services (or both) at Merchant’s establishments and free of liens, claims and encumbrances other than ordinary sales taxes. For the avoidance of doubt, the prohibition on assigning payments due by Merchant does not apply to MAS, its affiliates Affiliates or a partner of MAS or its Affiliates.
Appears in 1 contract
Samples: Terms and Conditions
No Assignment of Payments. Xxxxxxxx Merchant will not assign to any third party any payments due by Merchant under this Agreement. All indebtedness arising from charges will be for bona fide sales of goods or services (or both) at Merchant’s establishments and free of liens, claims and encumbrances other than ordinary sales taxes. For the avoidance of doubt, the prohibition on assigning payments due by Merchant does not apply to MAS, its affiliates or a partner of MAS or its Affiliates.
Appears in 1 contract
Samples: Terms and Conditions