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 Buyer’s current and/or expected payment obligations.
Appears in 3 contracts
Samples: Aircraft General Terms Agreement (China Southern Airlines Co LTD), Purchase Agreement (China Southern Airlines Co LTD), Purchase 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 Buyer’s Buyers’ current and/or expected payment obligations.
Appears in 2 contracts
Samples: Purchase Agreement (Avianca Holdings S.A.), Purchase 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 Buyer’s Buyers' current and/or expected payment obligations.
6.6.1 The Sellers' right to request credit assurance from the Buyer shall be limited to the following cases:
Appears in 1 contract
Samples: Purchase Agreement (Tam S.A.)
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 Buyer’s Buyers’ current and/or expected payment obligations.
6.6.1 The Sellers’ right to request credit assurance from the Buyer shall be limited to the following cases:
Appears in 1 contract
