CREDIT MANAGEMENT. Credit review on all customers should be performed before the opening of any new customer account and on all existing customers at least once a year, with a view to manage the risk of potential bad debt losses. A credit limit must be defined for each customer. These credit limits must be reviewed regularly but no less than once a year by BU and Site Financial Controllers or Credit Managers. Adverse information, whenever received, should trigger an immediate reassessment of the customer’s credit limit (i.e., prior to the next periodic review). BU and Site Financial Controllers and/or Credit Managers must be given sufficient authority to delay shipments to customers perceived as risky until the perceived risk is mitigated or dismissed. Systems should be in place to halt (if possible automatically, otherwise manually) any orders placed that, if invoiced, will put the customer in excess of the approved credit limit level.
CREDIT MANAGEMENT. (a) Thexchange reserves the right to impose such Corporate Offices 000 Xxxxxx Xxxxxx lower II, t?' floor Xxx Xxxxxxxxx, XX 00000 XXX +0 000 000 0000 +0 000 000 0000 Fax New York EDP 00 Xxxxx Xxxxxx 00* Xxxxx Xxx Xxxx, XX 00000 XXX +0 000 000 0000 +0 000 000 0000 Fax Los Angeles EDP 000 Xxxx' Xxxxxx 00x' Xxxxx Xxx Xxxxxxx, XX 00000 XXX +1 80O"ARB]NET +0 000 000 0000 Fax London EDP 00/00 Xxxx Xxxxxx London EC2A 43H United Kingdom +44 (0) 000 000 0000 +44 (0) 207 000 0000 Fax Frankfurt vEDP Itenos, Xxxxxxxxxxxxx 00 00000 Xxxxxxxxx Xx Xxxx Xxxxxxx +44 {0) 000 000 0000 +00 (0) 000 000 0000 Fax arbinet [LOGO] thexchange Optimize Your World" credit risk reduction management conditions on Member as are detailed in thexchange's Credit Management Policy (attached hereto as Addendum C and as amended from time to time), including, but not limited to, requiring authorized trading deposits, advance payments and letters of credit, as thexchange deems necessary and appropriate. Member agrees to the provisions of the Credit Management Policy.
CREDIT MANAGEMENT. 7.1 We have a credit management policy for the Service which is published on our Website. This policy includes notifications to you about the charges you incur whilst using the Service (particularly as you approach or exceed any included value amount) and restrictions to the Service once your unbilled charges exceed certain levels (restrictions may be removed by request and agreement with us). We may change our credit management policy at any time and you agree to our current policy that is published on our Website from time to time.
CREDIT MANAGEMENT. 1. The Corporation will assess all water accounts applications, for affordability in line with the set credit scoring criterion and or set assessment criterion.
CREDIT MANAGEMENT. To assure the WDC loans are managed and serviced in accordance with the program’s objectives, programs administrative staff will periodically report on all loans serviced to the WDC Board. The WDC staff will review the information to determine if there has been compliance with terms of the loan AGREEMENTS. Credit management will include:
CREDIT MANAGEMENT. The Operator shall process the Personal Data according to the Data Protection Act and applicable published legal guidelines and according to the principles, ethics and guidelines of The Malta Association of Credit Management (MACM), 00/0, Xxxx ta’ Mellu, Mosta, of which the Operator is a member. In case of any default in payment by the Customer, the Operator has the right to pass on any information or references to MACM as well as to any third party legally entitled to receive such information
CREDIT MANAGEMENT. (a) We can make supply of Service conditional on you giving us, and maintaining, security and/or third party guarantees to our reasonable satisfaction. TCP Customers: We will base the requirement for a security on the outcome of a credit assessment conducted in relation to you and the Service you are to acquire.
CREDIT MANAGEMENT. 14B.1 The Parties shall comply with the provisions of Annex F (Credit Management).
CREDIT MANAGEMENT. A line of credit limits the degree to which Mauser Group extends a specific amount of unsecured credit to a specific customer for a specific time period. All accounts receivable and confirmed orders are charged against the credit limit. The identification of credit risks is the responsibility of the sales and accounting / accounts receivable staff. Any risk must be identified (by requesting a credit limit and / or credit review) if possible before submitting an offer, or at the very latest before the contract is signed. The procedure regarding credit assessments, limit approvals, monitoring and rules for exceeding limits is the responsibility of the local finance managers. These procedures should be communicated and reviewed with the Regional or SBU CFO*. Please note that any local procedures should, at the minimum, adhere to the approval guidelines contained in the Group Internal Approval and Signatures Policy.
