Common use of No Diversion of Receipts Clause in Contracts

No Diversion of Receipts. Seller will not permit any event to occur that could cause a diversion of any of Seller’s Future Receipts from the Account to any other entity.

Appears in 15 contracts

Samples: Purchase and Sale of Future Receipts (Emmaus Life Sciences, Inc.), Purchase and Sale of Future Receipts (Aditxt, Inc.), Purchase and Sale of Future Receipts (Aditxt, Inc.)

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No Diversion of Receipts. Seller will not permit any event to occur that could cause a diversion of any of Seller’s 's Future Receipts from the Account to any other entity.

Appears in 2 contracts

Samples: Agreement for the Purchase and Sale of Future Receipts (Emmaus Life Sciences, Inc.), Purchase and Sale Agreement (Gex Management, Inc.)

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No Diversion of Receipts. Seller will not permit any event to occur that could cause a diversion of any of Seller’s Future Receipts from the Account to any other entityAccount.

Appears in 1 contract

Samples: Purchase Agreement (Wolf Energy Services Inc.)

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