Common use of Stacking Prohibited Clause in Contracts

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.

Appears in 13 contracts

Sources: Purchase and Sale Agreement (Emmaus Life Sciences, Inc.), Purchase and Sale Agreement (Emmaus Life Sciences, Inc.), Purchase and Sale Agreement (Emmaus Life Sciences, Inc.)

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.. Initials: _______ Initials:______ 3 C6 Capital, LLC

Appears in 2 contracts

Sources: Purchase and Sale of Future Receipts (DPW Holdings, Inc.), Purchase and Sale of Future Receipts (DPW Holdings, Inc.)

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.. Initials: /s/ JC _ Initials: _____ 3 C6 CAPITAL, LLC

Appears in 2 contracts

Sources: Purchase and Sale Agreement (SharedLabs, Inc), Purchase and Sale of Future Receipts (SharedLabs, Inc)

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.. Initials: 3 TVT Capital, LLC

Appears in 2 contracts

Sources: Purchase and Sale of Future Receipts (DPW Holdings, Inc.), Purchase and Sale of Future Receipts (DPW Holdings, Inc.)

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.. Initials: 3 Capital Stack, LLC

Appears in 1 contract

Sources: Purchase and Sale of Future Receipts (SMG Indium Resources Ltd.)

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.. ​

Appears in 1 contract

Sources: Purchase and Sale of Future Receipts (Digital Brands Group, Inc.)