Cash Advance Agreement

Finally, the signed agreement authorizes the deduction of sums from all funds due since your end in respect of previous cash advances. Your commitments remain binding in the agreement and we ask for a signed copy for our documents. Sellers and buyers may enter into multiple transactions for the purchase of future receivables under this Agreement. Each purchase transaction is documented separately by a new transaction summary. In the event that the seller uses a purchase transaction in which payment of the order is made to a seller for a product or service subject to automatic extensions, the seller agrees that the amount due to the seller for each extension period will be made by the buyer as part of a new future receivables purchase transaction, under the same conditions as the purchase transaction, which provides for the payment of the fee. due to the seller for the previous term. Seller acknowledges and agrees that the terms of Seller`s agreement with Seller govern the amount and frequency of automatic renewal payments, recurring settlements or other automatic billing terms and that, therefore, Buyer has no liability. In the event that the seller wishes to change the terms of the purchase transaction to finance the renewal payment, the seller must make these changes through the portal or by contacting Notwithstanding the foregoing, Buyer or Seller may terminate the automatic use of the following order payment transactions to fund future renewal fees due to Seller by notifying the other party in writing on or five (5) business days prior to the due date of payment of the automatic extension. This Agreement contains the entire agreement and understanding between Seller and Buyer and supersedes all prior agreements and arrangements, whether oral or written, with respect to the subject matter of the contract, unless other agreements are expressly specified.

Sellers and Buyers acknowledge and agree that he or she does not rely on assurances that are not explicitly set out in this Agreement. Buyer agrees to purchase from Seller and Seller agrees to sell, assign and transfer to Buyer a certain amount (the „Total Outstanding“) of Seller`s future payment in cash, credit card and other general claims („future receivables“), subject to consideration of a purchase price called „order payment“ (the „Order Payment“).