Common use of Credit Assessment Clause in Contracts

Credit Assessment. 18.1 You acknowledge and agree that we have taken steps to assess: 18.1.1 that you generally understand and appreciate the costs and risks associated with this contract; 18.1.2 your debt repayment history; 18.1.3 your existing financial means, prospects and obligations; 18.2 We have, pursuant to the information supplied and representations made by yourself, and in connection with the matters set out in this agreement, satisfied ourselves that you are capable of performing your financial obligations in terms of this agreement and that you understand and appreciate the costs and risks associated therewith. 18.3 You acknowledge that we have entered into this contract with you on the strength of the financial representations made by you.

Credit Assessment. 18.1 You acknowledge and agree that we have taken steps to assess: 18.1.1 that you generally understand and appreciate the costs and risks associated with this th contract; 18.1.2 your debt repayment history; 18.1.3 your existing financial means, prospects and obligations; 18.2 We have, pursuant to the information supplied and representations made by yourself, and an in connection with the matters set out in this agreement, satisfied ourselves that you are a capable of performing your financial obligations in terms of this agreement and that you yo understand and appreciate the costs and risks associated therewith. 18.3 You acknowledge that we have entered into this contract with you on the strength of the th financial representations made by you.

Credit Assessment. 18.1 You acknowledge and agree that we have taken steps to assess: 18.1.1 that you generally understand and appreciate the costs and risks associated with this contract; 18.1.2 your debt repayment history; 18.1.3 your existing financial means, prospects and obligations; 18.2 We have, pursuant to the information supplied and representations made by yourself, and in connection with the matters set out in this agreement, satisfied ourselves that you are capable of performing your financial obligations in terms of this agreement and that you understand and appreciate the costs and risks associated therewith. 18.3 You acknowledge that we have entered into this contract with you on the strength of the financial representations made by you.