Common use of Credit Facilities Clause in Contracts

Credit Facilities. Credit facilities may be granted to applicants who complete the Seller’s Credit Account Application Form and who satisfy the Seller’s criteria as set out from time to time. Where facilities are granted the Seller reserves the right to withdraw them at any time, without having to give their reasons and, in such a case, all outstanding invoices become due and payable immediately.

Appears in 19 contracts

Samples: Conditions of Contract, Conditions of Contract, Terms and Conditions

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Credit Facilities. Credit facilities may be granted to applicants who complete the SellerSupplier’s Credit Account Application Form and who satisfy the SellerSupplier’s criteria as set out from time to time. Where facilities are granted the Seller Supplier reserves the right to withdraw them at any time, without having to give their reasons and, in such a case, all outstanding invoices become due and payable immediately.

Appears in 6 contracts

Samples: Fast Track Agreement, Terms and Conditions, Fast Track Agreement

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