Credit Accounts. Each party agrees to obtain and/or use his or her own credit cards and neither shall make any credit purchases by using the credit or credit cards of the other party. Each party assumes full responsibility for and agrees to hold the other harmless from all debts, obligations or liabilities that he or she has incurred or which he or she might incur as a result of using their own or the other's credit.
Credit Accounts. Credit accounts of qualified low-income customers upon receipt of the State of California warrant. The credit should appear on the first billing statement after the credit has been posted. Utility will provide notification of LIHEAP benefit amount to each customer for whom a credit is made. The wording of said notification must contain the words “LIHEAP credit” and date credit was applied to customer’s account.
Credit Accounts. Orders will be accepted on a CASH IN ADVANCE basis only unless a written confidential credit application has been submitted to and approved by Spring Meadow. Processing time is approximately 6 weeks; we encourage customers to apply for terms during the off season, as processing times may be longer during the shipping season. If buyer has established credit in the manner described above, the payment terms are 2% 10 NET 30. Any portion of the order cost not paid in accordance with these payment terms shall bear interest from the due date in the amount of 1.5% per month or at a rate not to exceed lawful limits, until paid. Payment on delinquent accounts is applied first to accrued interest. The early payment discount does not apply when credit cards are used for payment on credit accounts. Buyer shall reimburse Spring Meadow for all actual costs and attorneys’ fees incurred in enforcing any term of this agreement. A $25.00 charge will be assessed for all payments returned for insufficient funds.
Credit Accounts. You may use Xxxxxxx County Trust Company online service to initiate electronic fund transfers from one Deposit Account that is a checking, savings or money market deposit account to make a payment on a Credit Account that is a consumer loan or line of credit, as provided in this Agreement. These types of transactions are referred to in this Agreement as “loan payments”.
Credit Accounts. One or more Credit Accounts shall be established as collateral in connection with the trading contemplated in the TCPG Divisions. Each Credit Account shall be established in accordance with the following provisions:
A. As soon as the proceeds of the Loan are received by the COMPANY, the COMPANY shall, as soon as reasonably practical, transfer the proceeds into one or more Credit Accounts.
B. Each Credit Account shall require the signature of LENDER in order for funds to be withdrawn from the Credit Account.
C. No funds shall be withdrawn from the Credit Accounts without the written approval of LENDER; provided, however, the PARTIES recognize that one or more regulatory agencies or other entitles to which the Credit Accounts are pledged as collateral may withdraw funds from the Credit Accounts in accordance with agreements between such agencies or entities and the COMPANY (“Authorized Withdrawals”).
D. A portion of all interest or other earnings associated with the Credit Accounts based upon the Loan (other than trading gains) equal to a fraction in which the numerator is $2,000,000.00 and the denominator is the total amount in the Credit Accounts shall be allocated and paid to LENDER not less often than quarterly. If, at any time, funds are withdrawn from a Credit Account for any reason, the COMPANY shall, within ninety (90) days after each withdrawal, pay into such Credit Account an amount equal to the withdrawal, less trading profits that have been deposited into such Credit Account after such withdrawal.
Credit Accounts. When establishing credit facilities for Buyer, Company reserves the right to make a search with one or more credit reference agencies; a record of such searches will be held by Company and this information may be shared with other businesses; Company also reserves the right to make enquiries about Buyer's principals and directors with one or more credit reference agencies.
Credit Accounts. You may use Carroll County Trust Company online service to initiate electronic fund transfers from one Deposit Account that is a checking, savings or money market deposit account to make a payment on a Credit Account that is a consumer loan or line of credit, as provided in this Agreement. These types of transactions are referred to in this Agreement as “loan payments”.
Credit Accounts. 5.1. In the event the Customer requests the opening of a credit account (“Account”) with Bravesight, the Customer must supply all information requested by Bravesight and warrant that all such information is true and correct
5.2. The opening of an Account with Bravesight for the Customer is entirely at the sole discretion of Bravesight.
5.3. Bravesight may at any time in its sole discretion, on written notice to the Customer, suspend the offering of credit to the Customer or in addition terminate the Account of the Customer with Bravesight, and in either case all amounts pursuant to the Account then outstanding shall become immediately due and payable by the Customer to Bravesight.
5.4. Risk in all materials and the physical product of any Services provided by Bravesight to the Customer (“Goods”) shall pass to the Customer upon delivery to the Customer.
5.5. Property in the Goods does not pass to the Customer until Bravesight has received payment in full for the Goods, including without limitation any amounts otherwise owing to Bravesight in any regard pursuant to clauses 4.6, 4.7 and 5.16.
5.6. Until property in the Goods passes, the Customer:
(a) must insure the Goods against any loss or damage with an insurance office of repute;
(b) must store the Goods separately or in some other way ensure they are readily identifiable as the property of Bravesight;
(c) irrevocably authorises representatives of Bravesight to enter upon the Customer’s premises where the Goods are stored for the purpose of repossessing them and where possible subsequently reselling them, or enforcing the Security Interest (as that term is defined in the Personal Property Securities Act 1999 (the “PPSA”) created pursuant to this Agreement as further described in clause 5.7;
(d) must keep the Goods free from any charge, lien or other third party encumbrance that has priority to Bravesight’s rights in the Goods as provided for in this Agreement; and
(e) must not change its name without first notifying Bravesight of the new name not less than seven (7) days before the change takes effect.
5.7. The Goods shall be the collateral as that term is defined in the PPSA. The Customer grants Bravesight a Security Interest in all present and after acquired Goods and their proceeds as security for all monies payable by the Customer to Bravesight (whether under this Agreement or otherwise) including for the avoidance of doubt in relation to all Services provided to the Customer pursuant to this Agreemen...
Credit Accounts. Any credit allowed by the Company under this agreement is not unlimited. The Company may at any time withdraw or suspend this facility or increase or decrease the limit of this facility without notice to the Customer. The Company may require security satisfactory to the Company (including guarantees) to be given as a condition precedent to the continuation or commencement of this facility. The Company may at any time require payment in advance of the whole or any part of the Price as a condition precedent to the supply or hire of goods and/or services, or continued supply or hire of goods and/or services, by the Company to, or at the request of, the Customer. The Customer must immediately notify the Company of any variation in the information supplied in this agreement concerning the Customer and the proprietorship of the Customer’s business or a variation in the structure of the Customer’s business (such as transfer or issue of shares).
Credit Accounts. In the case of trading on credit approved by Greenlands Equipment, the Customer acknowledges and agrees that:
(a) a credit application must be provided and approved in writing by Greenlands Equipment; and
(b) if the Customer fails to any credit application, Greenlands Equipment may immediately suspend any credit trading with the Customer.
