Common use of Credit Applications Clause in Contracts

Credit Applications. 7.1 The Customer consents to LEAD making enquires about its credit record with any credit reference agency and any other party. LEAD may also provide credit reference agencies with information regarding the Customer’s payment history with LEAD. 7.2 In the event, the Customer is afforded a credit facility with LEAD, the Customer acknowledges and accepts that full payment shall be made within 30 days net from date of statement unless otherwise expressly agreed to by LEAD; 7.3 Credit facilities may be withdrawn by LEAD at its sole discretion at any time without prior notice to the Customer. LEAD strictly reserves its rights to review the extent, nature and duration of such facilities at all times.

Credit Applications. 7.1 The Customer consents to LEAD making enquires enquiries about its credit record with any credit reference agency and any other party. LEAD may also provide credit reference agencies with information regarding the Customer’s payment history with LEAD. 7.2 In the event, the Customer is afforded a credit facility with LEAD, the Customer acknowledges and accepts that full payment shall be made within 30 days net from date of statement unless otherwise expressly agreed to by LEAD; 7.3 Credit facilities may be withdrawn by LEAD at its sole discretion at any time without prior notice to the Customer. LEAD strictly reserves its rights to review the extent, nature and duration of such facilities at all times.