Common use of Buyer’s Financial Condition; Insecurity Clause in Contracts

Buyer’s Financial Condition; Insecurity. If in Seller’s reasonable judgment, Xxxxx’s financial condition or any other circumstance causes Seller to be insecure with respect to Buyer’s performance of any obligation under this Agreement, Seller may accelerate and demand immediate payment of any amounts owed Seller, suspend performance, cancel an order, or require cash payment or satisfactory security before shipment.

Appears in 3 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale, Terms and Conditions of Sale

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Buyer’s Financial Condition; Insecurity. If If, in Seller’s reasonable sole judgment, Xxxxx’s financial condition or any other circumstance causes Seller to be insecure with respect to Buyer’s performance of any obligation under this Agreement, Seller may accelerate and demand immediate payment of any amounts owed Seller, cancel this Agreement and suspend performance, cancel an order, or require cash payment or satisfactory security before shipment.

Appears in 3 contracts

Samples: Terms and Conditions of Sale, Terms and Conditions of Sale, Terms and Conditions of Sale

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Buyer’s Financial Condition; Insecurity. If If, in Seller’s reasonable sole judgment, Xxxxx’s financial condition or any other circumstance causes Seller to be insecure with respect to Buyer’s performance of any obligation under this Agreement, Seller may accelerate accelerate, and demand immediate payment of any amounts owed Seller, cancel this Agreement and suspend performance, cancel an order, or require cash payment or satisfactory security before shipment.

Appears in 2 contracts

Samples: Sales Contract, Sales Contract

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