Common use of Default Under Other Contracts Clause in Contracts

Default Under Other Contracts. Each Merchant represents, warrants, and covenants that its execution of and/or performance under this Agreement will not cause or create an event of default by any Merchant under any contract with another person or entity.

Appears in 16 contracts

Sources: Merchant Cash Advance Agreement, Merchant Cash Advance Agreement (Connexa Sports Technologies Inc.), Standard Merchant Cash Advance Agreement

Default Under Other Contracts. Each Merchant represents, warrants, and covenants that its Merchant's execution of and/or performance under this Agreement will not cause or create an event of default by any Merchant under any contract with another person or entity.

Appears in 2 contracts

Sources: Factoring Agreement (Activecare, Inc.), Merchant Agreement (Activecare, Inc.)