Common use of APPROVAL OF CUSTOMER'S CREDIT Clause in Contracts

APPROVAL OF CUSTOMER'S CREDIT. Statesman agrees to review information on customers of the Cooperative, Local Cooperatives and Dealerships recorded on its Statesman application forms for the lease of liquid propane tanks (or other personal property then being leased by Statesman) and submitted to it by the Cooperative, a Local Cooperative or a Dealership and to approve leasing such property to such customers or to determine not to lease such property.

Appears in 3 contracts

Samples: Financing Services and Contributed Capital Agreement (Southern States Capital Trust I), Revolving Credit Agreement (Southern States Capital Trust I), Revolving Credit Agreement (Southern States Cooperative Inc)

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APPROVAL OF CUSTOMER'S CREDIT. Statesman agrees to review ----------------------------- information on customers of the Cooperative, Local Cooperatives and Dealerships recorded on its Statesman application forms for the lease of liquid propane tanks (or other personal property then being leased by Statesman) and submitted to it by the Cooperative, a Local Cooperative or a Dealership and to approve leasing such property to such customers or to determine not to lease such property.

Appears in 2 contracts

Samples: Financing Services and Contributed Capital Agreement (Southern States Cooperative Inc), Financing Services and Contributed Capital Agreement (Southern States Capital Trust Ii)

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