No Stacking. Seller shall not further encumber the Future Receipts, without first obtaining written consent of Buyer.
No Stacking. The Seller shall not enter into any third-party agreement which may encumber on the Future Receipts purchased by the Purchaser.
No Stacking. Seller shall not further encumber the Future Receipts, without first obtaining written consent of Bxxxx.
No Stacking. Stacking is prohibited. Stacking is defined as use by a Member of one or more persons in the Member’s successline, where the purpose of such persons is ostensibly to sell products and receive rebates or commissions based on those sales, but who, in reality, are not responsible for selling such products. Multiple family members in the same household sponsoring each other constitutes stacking. The person(s) so used is/are “stacked” into the successline of the Member and is/arealso participant(s) to fraudulentmanipulation of the NSP rebate or commission system. Stacking is against these Policies and Proceduresand is a violation of applicable laws. Members may not have more than one NSP account. Participants must not falsely report the sales of others as their own. Evidence of stacking will result in immediate termination of the membership for cause.
No Stacking. In the event a Referral Agent seeks to, or actually facilitates a secondary financing of an existing VITALCAP FUND Client with an open balance (an action commonly referred to as a “Grasshopper” or “Stacking”) as stated in Section 12(d) not only shall it be deemed a “CAUSE FOR TERMINTAION” but referral agent will forfeit their Referral Fee, which shall be debited from their bank account by VITALCAP FUND as a Claw Back, and shall be held liable for all damages suffered by VITALCAP FUND and the Co-Investors as a result of this breach of contract, including costs of litigation, recovery and legal fees. Furthermore VITALCAP FUND shall consider any such act by a Referral Agent to be an Intentional Act of Tortious Interference with VITALCAP FUND’s Right to Contract and Conversion of VITALCAP FUND property (the purchased receivables). In such an instance VITALCAP FUND will be seeking Punitive Damages in any litigation, to the fullest extent allowed by law.
No Stacking. [***] based on any Covered Subscriber Unit or Covered Infrastructure Unit. [***] a Covered Subscriber Unit or a Covered Infrastructure Unit [***]. In the event the relevant product is a Covered Subscriber Unit [***] for such Covered Subscriber Unit.
No Stacking. The obligation to pay royalties to CPI under this Section 5 is imposed only once with respect to the same unit of CPI-Covered Product regardless of the extent to which the RDI-Intellectual Property Rights, the WSURF-Technology and/or the Other Licensed Property cover the product in question.
No Stacking. For the sake of clarification, the foregoing royalties are not cumulative. Accordingly, the obligation of Ercole to pay a royalty hereunder with respect to the sale of any Product by Ercole, its Affiliates or sublicensees will be limited to the single, highest applicable royalty under paragraph (a), (b), (c) or (d).
No Stacking. Seller shall not further encumber the Future Receipts, without first obtaining written consent of Xxxxx. Any further encumbrance by seller of the Future Receipts is a material breach of this Agreement.
No Stacking. Agent agrees that it shall not solicit any Merchant with offers of additional capital while Xxxxxxxx is enrolled in the Program. A violation of this paragraph is a breach of the terms of this Agreement subject to penalties, including rescission of any Compensation paid or owed to Agent at any time regardless of the Clawback Period (defined herein).
