No Consumer Receivables Sample Clauses

The "No Consumer Receivables" clause prohibits the inclusion of consumer-related debts or receivables in a transaction or agreement. In practice, this means that any accounts receivable or financial assets arising from individual consumer transactions cannot be sold, assigned, or otherwise transferred under the terms of the contract. This clause is typically used to ensure compliance with consumer protection laws and to limit the transaction to business-to-business receivables, thereby reducing regulatory risk and complexity.