Common use of Credit checking and monitoring Clause in Contracts

Credit checking and monitoring. 2.1 When would credit checking and monitoring apply to me? We may carry out a credit check when agreeing a new contract with you to assess your ability to pay for the supply to the site(s). In relation to monitoring, the payment terms set out in your contract are based on our assessment of your credit worthiness at the date of our acceptance of the contract. We may therefore continuously monitor your creditworthiness during the contract to ensure those payment terms are still appropriate. We may also check your credit status when adding site(s) or changing your payment method.

Credit checking and monitoring. 2.1 When would credit checking and monitoring apply to me? We may carry out a credit check when agreeing a new contract with you so as to assess your ability to pay for the supply to the site(s). In relation to monitoring, the payment terms set out in your contract are based on our assessment of your credit worthiness at the date of our acceptance of the contract. We may therefore continuously monitor your creditworthiness during the contract to ensure those payment terms are still appropriate. We may also check your credit status when adding site(s) ), or changing your payment method.