Filing 20242086783

Sale of Future Receipts. Merchant(s) hereby sell, assign, and transfer to LNS (making LNS the absolute owner) in consideration of the funds provided("Purchase Price") specified above, all of each Merchant's future accounts, contract rights, and other obligations arising from or relating to the payment of monies from each Merchant's customers and/or other third party payors (the "Receivables", defined as all payments made by cash, check, credit or debit card, electronic transfer, or other form of monetary payment in the ordinary course of each merchant's business), for the payment of each Merchant's sale of goods or services until the amount specified above (the "Receivables Purchased Amount") has been delivered by Merchant(s) to LNS. Each Merchant hereby acknowledges that until the Receivables Purchased Amount has been received in full by LNS,each Merchant's Receivables, up to the balance of the Receivables Purchased Amount, are the property of LNS and not the property of any Merchant.