Protections Against Default. The following Protections 1 through 6 may be invoked by CEDAR, immediately and without notice to any Merchant if any Event of Default listed in Section 30 has occurred. Protection 1: The full uncollected Receivables Purchased Amount plus all fees due under this Agreement may become due and payable in full immediately.
Appears in 10 contracts
Samples: Standard Merchant Cash Advance Agreement (Edible Garden AG Inc), Standard Merchant Cash Advance Agreement (La Rosa Holdings Corp.), Standard Merchant Cash Advance Agreement (La Rosa Holdings Corp.)
Protections Against Default. The following Protections 1 through 6 may be invoked by CEDAR, immediately and without notice to any Merchant if any Event of Default listed in Section 30 has occurred.
. Protection 1: The full uncollected Receivables Purchased Amount plus all fees due under this Agreement may become due and payable in full immediately.
Appears in 3 contracts
Samples: Standard Merchant Cash Advance Agreement (Edible Garden AG Inc), Standard Merchant Cash Advance Agreement (Alpine 4 Holdings, Inc.), Standard Merchant Cash Advance Agreement (La Rosa Holdings Corp.)