Common use of Approval of Requests to Change Credit Clause in Contracts

Approval of Requests to Change Credit. Statesman agrees upon request of the Cooperative, a Local Cooperative or a Dealership to review information on customers of the Cooperative, such Local Cooperative or such Dealership and to approve changing the amount of open-end or revolving credit for such customers to a specific dollar amount or to deny such change.

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 Requests to Change Credit. Statesman agrees ------------------------------------- upon request of the Cooperative, a Local Cooperative or a Dealership to review information on customers of the Cooperative, such Local Cooperative or such Dealership and to approve changing the amount of open-end or revolving credit for such customers to a specific dollar amount or to deny such change.

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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