Common use of Reliance on Terms Clause in Contracts

Reliance on Terms. Section 1.1, 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, GCF and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Security Agreement (SANUWAVE Health, Inc.)

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Reliance on Terms. Section Sections 1.1, 1.71.3, 1.4, 1.6 and 1.8 and 2.5 of this Agreement are agreed to for the benefit benefit of MerchantSeller, GCF Purchaser and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Revenue Based Financing Agreement (Zerify, Inc.)

Reliance on Terms. Section 1.1, 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, GCF and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any actionaction .

Appears in 1 contract

Samples: Future Receivables Agreement (SANUWAVE Health, Inc.)

Reliance on Terms. Section 1.1, 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, GCF PURCHASER and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Factoring Agreement (Activecare, Inc.)

Reliance on Terms. Section Sections 1.1, 1.7, 1.8 1.7 and 2.5 of this Agreement are agreed to for the benefit of Merchant, GCF DDF and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Security Agreement

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Reliance on Terms. Section Sections 1.1, 1.7l.3, 1.8 1.4, 1.6 and 2.5 l.8 of this Agreement are agreed to for the benefit of MerchantSeller, GCF Purchaser and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Payment Rights Purchase and Sale Agreement (Guided Therapeutics Inc)

Reliance on Terms. Section 1.1, 1.7, 1.8 and 2.5 of this Agreement are agreed to for the benefit of Merchant, GCF FUNDER and Processor, and notwithstanding the fact that Processor is not a party of this Agreement, Processor may rely upon their terms and raise them as a defense in any action.

Appears in 1 contract

Samples: Security Agreement (Activecare, Inc.)

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