Common use of Credit and Security Clause in Contracts

Credit and Security. 9.1. From time to time during the Term of this Agreement, Customer authorizes Pilot to assess Customer’s creditworthiness and to communicate with credit reporting agencies and/or business partners about Customer’s credit status. Pilot may give these agencies information that Customer has provided to Pilot. 9.2. Pilot may also set a credit limit or restrict Customer’s use of the Services to limit Pilot’s financial exposure. If Customer exceeds its credit limit, Pilot may restrict Customer’s ability to order new Services and/ or require payment of a deposit from Customer. 9.3. Pilot may terminate Service(s) on thirty (30) days’ notice to Customer without liability if Pilot reasonably determines that Customer poses an unacceptable credit risk. 9.4. Pilot may require Customer to pay an additional deposit before acceptance of a Service Order if Pilot determines that Customer poses a credit risk.

Appears in 7 contracts

Samples: Master Services Agreement, Master Services Agreement, Master Services Agreement

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Credit and Security. 9.1. From time to time during the Term term of this Agreement, Customer authorizes Pilot to assess Customer’s creditworthiness and to communicate with credit reporting agencies and/or business partners about Customer’s credit status. Pilot may give these agencies information that Customer has provided to Pilot. 9.2. Pilot may also set a credit limit or restrict Customer’s use of the Services to limit Pilot’s financial exposure. If Customer exceeds its credit limit, Pilot may restrict Customer’s ability to order new Services and/ or require payment of a deposit from Customer. 9.3. Pilot may terminate Service(s) on thirty (30) days’ notice to Customer without liability if Pilot reasonably determines that Customer poses an unacceptable credit risk. 9.4. Pilot may require Customer to pay an additional deposit before acceptance of a Service Order if Pilot determines that Customer poses a credit risk.

Appears in 3 contracts

Samples: Master Services Agreement, Master Services Agreement, Master Services Agreement

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