Common use of Reliance on Terms Clause in Contracts

Reliance on Terms. Sections 1.1, 1.7 and 2.5 of this Agreement are agreed to for the benefit of Merchant, DDF and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Merchant Agreement

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Reliance on Terms. Sections Section 1.1, 1.7 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, DDF FUNDER and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Merchant Agreement (Activecare, Inc.)

Reliance on Terms. Sections 1.1, 1.7 l.3, 1.4, 1.6 and 2.5 l.8 of this Agreement are agreed to for the benefit of MerchantSeller, DDF Purchaser and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Payment Rights Purchase and Sale Agreement (Guided Therapeutics Inc)

Reliance on Terms. Sections Section 1.1, 1.7 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, DDF GCF and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any actionaction .

Appears in 1 contract

Samples: Future Receivables Agreement (SANUWAVE Health, Inc.)

Reliance on Terms. Sections Section 1.1, 1.7 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, DDF PURCHASER and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Factoring Agreement (Activecare, Inc.)

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Reliance on Terms. Sections Section 1.1, 1.7 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, DDF GCF and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Future Receivables Agreement (SANUWAVE Health, Inc.)

Reliance on Terms. Sections 1.1, 1.7 1.3, 1.4, 1.6 and 2.5 1.8 of this Agreement are agreed to for the benefit benefit of MerchantSeller, DDF Purchaser and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Revenue Based Financing Agreement (Zerify, Inc.)

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