Common use of Credit Requirements Clause in Contracts

Credit Requirements. 21.1 Refusal of supply (a) an Insolvency Event occurs in respect of the Shipper; or (b) after the Service Providers' request, the Shipper fails within: (i) 7 days of the Service Providers’ request to establish or confirm the Shipper's creditworthiness in accordance with clause 21.2; or (ii) 7 days of the Service Providers’ request to provide Adequate Assurance in accordance with clause 21.3, but the Shipper's obligation to pay money under this document is in no way thereby reduced.

Appears in 3 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement, Gas Transportation Agreement

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Credit Requirements. 21.1 Refusal of supply (a) an Insolvency Event occurs in respect of the Shipper; or (b) after the Service Providers' Provider’s request, the Shipper fails within: (i) 7 days of the Service Providers’ Provider’s request to establish or confirm the Shipper's creditworthiness in accordance with clause 21.2; or (ii) 7 days of the Service Providers’ Provider’s request to provide Adequate Assurance in accordance with clause 21.3, but the Shipper's obligation to pay money under this document is in no way thereby reduced.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

Credit Requirements. 21.1 Refusal of supply (a) an Insolvency Event occurs in respect of the Shipper; or (b) after the Service Providers' Provider's request, the Shipper fails within: (i) 7 days of the Service Providers’ Provider’s request to establish or confirm the Shipper's creditworthiness in accordance with clause 21.2; or (ii) 7 days of the Service Providers’ Provider’s request to provide Adequate Assurance in accordance with clause 21.3, but the Shipper's obligation to pay money under this document is in no way thereby reduced.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

Credit Requirements. 21.1 Refusal of supply (a) an Insolvency Event occurs in respect of the Shipper; or (b) after the Service Providers' Provider's request, the Shipper fails within: (i) 7 days of the Service Providers’ Provider’s request to establish or confirm the Shipper's creditworthiness in accordance with clause 21.2; or (ii) 7 days of the Service Providers’ Provider’s request to provide Adequate Assurance in accordance with clause 21.3, but the Shipper's obligation to pay money under this document is in no way thereby reduced.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

Credit Requirements. 21.1 Refusal of supply (a) an Insolvency Event occurs in respect of the Shipper; or (b) after the Service Providers' Provider's request, the Shipper fails within: (i) : 7 days of the Service Providers’ Provider’s request to establish or confirm the ShipperXxxxxxx's creditworthiness in accordance with clause 21.2; or (ii) or 7 days of the Service Providers’ Provider’s request to provide Adequate Assurance in accordance with clause 21.3, but the Shipper's obligation to pay money under this document is in no way thereby reduced.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

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Credit Requirements. 21.1 20.1 Refusal of supply (a) an Insolvency Event occurs in respect of the Shipper; or (b) after the Service Providers' request, the Shipper fails within: (i) 7 days of the Service Providers’ request to establish or confirm the Shipper's creditworthiness in accordance with clause 21.220.2; or (ii) 7 days of the Service Providers’ request to provide Adequate Assurance in accordance with clause 21.320.3, but the Shipper's obligation to pay money under this document is in no way thereby reduced.

Appears in 1 contract

Samples: Gas Transportation Agreement

Credit Requirements. 21.1 Refusal of supply (a) an Insolvency Event occurs in respect of the Shipper; or (b) after the Service Providers' Provider's request, the Shipper fails within: (i) : 7 days of the Service Providers’ Provider’s request to establish or confirm the Shipper's creditworthiness in accordance with clause 21.2; or (ii) 7 days of the Service Providers’ request to provide Adequate Assurance in accordance with clause 21.3, but the Shipper's obligation to pay money under this document is in no way thereby reduced.

Appears in 1 contract

Samples: Gas Transportation Agreement

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