Stacking Prohibited Sample Clauses

Stacking Prohibited. Merchant shall not enter into any merchant cash advance or loan agreement or incur any indebtedness (outside trade payables in the ordinary course of business) that pledges or encumbers its Receivables or requires daily payments with any party other than Purchaser for the duration of this Agreement. ▇▇▇▇▇▇▇▇ hereby authorizes Purchaser to share information regarding this Agreement with any third party in order enable Purchaser to determine whether Merchant is in compliance with this provision.

Stacking Prohibited. Merchant shall not enter into any cash advance or any loan agreement that relates to or involves its Future Receipts with any party other than [LENDER] for the duration of this agreement. [LENDER] may share information regarding this Agreement with any third party in order to determine whether Merchant is in compliance with this provision. Initial: Initial:___________ Initial:___________

Stacking Prohibited. The ISO agrees that if it has earned a commission for introducing a merchant to the Company, then the ISO will not introduce that merchant to any other prospective purchaser of the merchant’s future receivables until at least seven days after termination of the merchant’s MCA Contract with the Company.

Stacking Prohibited. Seller shall not enter into any Seller cash advance or any loan agreement that relates to or involves its Future Receipts with any party other than Buyer for the duration of this Agreement. Buyer may share information regarding this Agreement with any third party in order to determine whether Seller is in compliance with this provision. 13.3 Financial Condition and Financial Information. Any bank statements and financial statements of Seller that have been furnished to Buyer, and future statements that will be furnished to Buyer, fairly represent the financial condition of Seller at such dates, and Seller will notify Buyer immediately if there are material adverse changes, financial or otherwise, in the condition or operation of Seller or any change in the ownership of Seller. Buyer may request statements at any time during the performance of this Agreement and the Seller shall provide them to Buyer within five business days. Furthermore, Seller represents that all documents, forms and recorded interviews provided to or with Buyer are true, accurate and complete in all respects, and accurately reflect Seller’s financial condition and results of operations. ▇▇▇▇▇▇ further agrees to authorize the release of any past or future tax returns to Seller.

Stacking Prohibited. Seller shall not, without B▇▇▇▇’s prior written consent, enter into: (a) any other agreement for the sale of Future Receipts, or (b) any loan agreement that encumbers Seller’s Future Receipts or requires daily payments. Buyer may share information regarding this Agreement with any third party in order to determine whether Seller is in compliance with this provision.