Common use of No Assignment of Payments Clause in Contracts

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.

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.

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.