Common use of No Diversion of Future Receipts Clause in Contracts

No Diversion of Future Receipts. Merchant shall not allow any event to occur that would cause a diversion of any portion of Merchant’s Future Receipts from the Approved Bank Account without first obtaining Purchaser’s approval of such diversion.

Appears in 5 contracts

Samples: Agreement of Sale of Future Receivables (Vystar Corp), Agreement of Sale of Future Receipts (1847 Holdings LLC), Agreement of Sale of Future Receipts (SHARING SERVICES GLOBAL Corp)

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No Diversion of Future Receipts. Merchant shall not allow any event to occur that would cause a diversion of any portion of Merchant’s 's Future Receipts from the Approved Bank Account without first obtaining Purchaser’s 's approval of such diversion.

Appears in 1 contract

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

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