Common use of Stacking Prohibited Clause in Contracts

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. Mxxxxxxx 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 merchant cash advance or any loan agreement that relates to or incur any indebtedness (outside trade payables in the ordinary course of business) that pledges or encumbers involves its Receivables or requires daily payments Future Receipts with any party other than Purchaser Buyer for the duration of this Agreement. Mxxxxxxx hereby authorizes Purchaser to Buyer may 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 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. Mxxxxxxx Xxxxxxxx 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.