Common use of Third-Party Intermediary Fee Clause in Contracts

Third-Party Intermediary Fee. In the event the Seller retains a third-party debt relief/re-negotiator entity or individual and contacts the Purchaser seeking to redirect communication regarding this Agreement, a $10,000 fee or Twenty-Five Percent (25%) of the outstanding balance shall be added. This fee shall be used to cover the additional expenses added in modifying the terms of this Agreement. Any portion of this fee that remains unused shall be returned to the Seller at the conclusion of this Agreement or related legal action.

Appears in 3 contracts

Samples: Future Receivables Sale and Purchase Agreement (First Person Ltd.), Future Receivables Sale and Purchase Agreement (First Person Ltd.), Merchant Cash Advance Agreement (American Rebel Holdings Inc)

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Third-Party Intermediary Fee. In 1n the event the Seller seller retains a third-party debt relief/relief / re-negotiator entity or individual and contacts the Purchaser seeking seek in g to redirect communication regarding this AgreementAgreement , a $10,000 a$ I 0,000 fee or Twenty-Five Twenty -Five Percent (25%) of the outstanding balance shall be added. This fee shall be used to cover the additional addition l expenses added in modifying the terms of this Agreement. Any portion of this fee that remains unused shall be returned to the Seller seller at the conclusion of this Agreement or related legal action.

Appears in 1 contract

Samples: Future Receivables Sale and Purchase Agreement (Zerify, Inc.)

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