Common use of Credit Assurance Clause in Contracts

Credit Assurance. The Seller and the Buyer agree that the Seller has the right to request and the Buyer shall upon such request provide the Seller with sufficient financial means in due time in order to assure the Seller of full payment of the Buyers' current and/or expected payment obligations.

Appears in 4 contracts

Samples: Letter Agreement (China Southern Airlines Co LTD), Letter Agreement (China Southern Airlines Co LTD), Letter Agreement (KLM Royal Dutch Airlines)

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Credit Assurance. The Seller and the Buyer agree that the Seller has the right to request and the Buyer shall upon such request provide the Seller with sufficient financial means in due time in order to assure the Seller of full payment of the Buyers' current and/or expected payment obligations.

Appears in 3 contracts

Samples: Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Avianca Holdings S.A.), Letter Agreement (Controladora Vuela Compania De Aviacion, S.A.B. De C.V.)

Credit Assurance. The Seller and the Buyer agree that the Seller has the right to request and the Buyer shall upon such request provide the Seller with sufficient financial means in due time in order to assure the Seller of full payment of the Buyers' Buyer’s current and/or expected payment obligations.

Appears in 3 contracts

Samples: Letter Agreement (China Southern Airlines Co LTD), Letter Agreement (China Southern Airlines Co LTD), Letter Agreement (China Southern Airlines Co LTD)

Credit Assurance. The Seller and the Buyer agree that the Seller has the right to request and the Buyer shall upon such request provide the Seller with sufficient financial means in due time in order to assure the Seller of full payment of the Buyers' current and/or expected EXHIBIT "H" payment obligations.

Appears in 2 contracts

Samples: Letter Agreement (China Eastern Airlines Corp LTD), A330 Purchase Agreement (China Eastern Airlines Corp LTD)

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Credit Assurance. The Seller and the Buyer agree that the Seller has the right to request and the Buyer shall upon such request provide the Seller with sufficient financial means in due time in order to assure the Seller of full payment of the Buyers' current and/or expected payment obligations.. EXHIBIT I

Appears in 1 contract

Samples: Airbus Purchase Agreement (Gatx Capital Corp)

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