CREDIT TERMS AND CONDITIONS. The Creditor requests authority to purchase materials from Dearborn Lumber Co. (Dearborn) on an open account. Xxxxxxxx authorizes an open account for the Creditor according to the following terms and conditions and on the representations of the Credit Agreement which is attached hereto. • Payment Standard terms of sale for customers on account are Net 30. Any special payment terms will be pre-approved by the credit committee.
CREDIT TERMS AND CONDITIONS. For the purpose of establishing and maintaining credit with Jeffco Flooring & Supply, Inc. (“Jeffco”), the statements and information provided in and with this application are full, true, and correct. Applicant authorizes Xxxxxx to make inquiry into, request, and to receive any information concerning character, general reputation, or financial or credit status from creditors or financial institutions which Xxxxxx deems relevant for the granting and collection of the proposed indebtedness, and Applicant authorizes any creditor or financial institution (including those listed above) to divulge such information. Applicant understands that Xxxxxx will rely on the accuracy of any information set forth in and with this application and all information obtained in determining whether to extend credit. Applicant agrees to immediately notify Xxxxxx of any material change in the information provided in this application.
CREDIT TERMS AND CONDITIONS. Kahili Productions will charge a $35.00 service fee on all returned checks.
CREDIT TERMS AND CONDITIONS. (Please return signed agreement to Xxxxxx Tri Steel)
1. Each sale to Customer’s account is complete and binding upon the parties upon acceptance by Xxxxxx at its premises in Tarrant County, Texas. Acceptance by Xxxxxx is effective upon delivery of the goods or merchandise to customer at the premises of Xxxxxx; if goods or merchandise are to be delivered at a place other than the premises of Xxxxxx, acceptance by Xxxxxx is effective upon loading of the goods or merchandise onto the delivery vehicle at Xxxxx’x premises. Nothing in this Agreement shall obligate Xxxxxx to extend credit to Customer at any time.
2. All accounts will have a maximum credit limit, established at the time of approval and reviewed from time to time, which cannot be exceeded without the approval of a manager of Xxxxxx. In certain circumstances where the credit limit has been exceeded, Xxxxxx may restrict account purchases until a payment is received in order to reduce the outstanding balance owed.
3. Statement of account balances will be mailed to Customer on the first day of the month at the address listed on the Application. The entire account balance is due and payable to Xxxxxx at 0000 Xxxxxxxxx Xxx, Xxxx Xxxxx, Xxxxx 00000 on
4. A service charge of one and one half percent (1.5%) per month (or eighteen percent (18%) per annum) or the highest legal rate, whichever is less, may immediately be assessed on delinquent invoices for that period of time during which such amount remains past due. All payments received on the Customer’s account will be applied first to the invoice specified on the check. The remainder applied toward service charges and purchases beginning with the oldest purchase. There is a minimum service charge of $28.00 on all returned checks. In the event that Xxxxxx receives a returned check from Customer, Xxxxxx reserves the right to terminate Customer’s credit account, and the outstanding account balance shall be due and payable in full upon termination.
5. Accounts with past-due outstanding balances may be placed on cash basis without further notice to Customer, until payment or satisfactory arrangements have been made. When Customer’s account is placed on C.O.D., the account balance will immediately be due and payable in full. Xxxxxx may permanently close accounts that are placed on cash basis for unpaid balances.
6. In the event of default, and if this account is placed in the hands of an agency and/or an attorney for collection, Customer agrees to pay all reaso...
CREDIT TERMS AND CONDITIONS. 1. 01Amount Subject to the performance of the conditions precedent provided for in section 3 below, SOFINEX provides Borrowers who accept credit in the amount of EUR 1,000,000.00 (one million euros).
1. 02Term This credit is granted for a period of 7 years, including a grace period of 2 years.
1. 03Withdrawal period and release of funds The credit withdrawal period begins upon signing of this Agreement and will expire on 06/30/2019. SOFINEX will release funds in the amount of €250,000 per six month period, alternately with a contribution on own group funds in advance of an identical amount. SOFINEX will release the funds as provided above, subject to compliance with the terms of this Agreement and in particular with the conditions precedent set out in section 3 of this Agreement, on the account that will be communicated by the Borrowers in the withdrawal request letter. Said withdrawal request will be sent by letter, fax or email to SOFINEX, at least 3 working days before the day requested for the withdrawal. Any withdrawal must constitute at least 10% (ten percent) of the credit amount and at least EUR 10,000.- (ten thousand euros). If on the date of 06/30/2019, the entirety of the credit has not been debited, for any reason whatsoever, SOFINEX is released from any obligation of payment of the remaining balance due, the right to the credit is thus limited to the amounts actually withdrawn.
1. 04Interest rates The interest rate of the credit is fixed at 4.50 % per year.
1. 05Interest Until the end of the quarter of the last withdrawal date, interest on the amounts withdrawn is calculated quarterly by SOFINEX. The interest must be paid by the Borrowers, at the end of each calendar quarter. At the expiration of the withdrawal period, interest is payable quarterly in arrears, on the outstanding principal owed, on March 31, June 30, September 30 and December 31 of each year, by direct debit, as specified in the reimbursement plan attached to this Agreement, which forms an integral part hereof. Interest calculations are made on the basis of actual years composed of three hundred and sixty-five days.
CREDIT TERMS AND CONDITIONS. We being the applicant(s) for credit, authorise Steel-Skill to obtain trade references as listed on page 1, and to obtain and exchange and disclose information concerning my/our credit worthiness.
CREDIT TERMS AND CONDITIONS. If credit has been agreed, PostNord is entitled to: - Receive sufficient security from the Customer for the credit granted, at any time during the credit period.
CREDIT TERMS AND CONDITIONS. If credit has been agreed, PostNord is entitled to: - Receive sufficient security from the Customer for the credit granted, at any time during the credit period. - Terminate the credit with immediate effect, with immediate re-payment of outstanding credit, if the Customer is late making any payment or is feared to be insolvent in accordance with point 5, or if security has not been provided or if in Post-Nord’s opinion the security is no longer sufficient. 20 days after the reminder expires PostNord will downgrade the Customer to the Free plan.
CREDIT TERMS AND CONDITIONS. Upon approval of Customer’s credit, the documents set forth the entire agreement between Customer and Xxxxxxxxx regarding the matters described herein and therein, and supersede all prior oral or written agreement in respect thereof. If credit is extended to Customer, Customer may be required to periodically furnish to Xxxxxxxxx current financial statements that are in reasonable detail and certified as true and accurate on the date submitted by Customer.
CREDIT TERMS AND CONDITIONS. 7.1 If Seller wishes to modify the type, timing, or location of Credit Generating Practices outlined in the Project Application prior to Credit Generating Practice installation, then Seller must provide the Buyer with the information necessary to complete and submit a revised Project Application, as appropriate, to the permitting authority. Seller shall further demonstrate to the satisfaction of the Buyer that the modification is necessary and appropriate. Buyer’s approved modifications to the Project Application constitute a revision of this Contract and shall be retained with all documents relevant to this Contract and its construction.
7.2 If Seller wishes to modify the type, timing, or location of Credit Generating Practices outlined in the Project Application, after Credit Generating Practice installation, Seller must provide the Buyer with a revised Project Application with sufficient documentation to demonstrate to the permitting agency that the modifications will result in the quantity of TP Credits agreed to in the original Project Application that resulted in the permit modification. Seller shall further demonstrate to the satisfaction of the Buyer that the modification is necessary and appropriate. Buyer’s approved modifications to the Project Application constitute a revision of this Contract and shall be retained with all documents relevant to this Contract and its construction.
7.3 Deliberate removal or substantial alteration of a Credit Generating Practice by Seller, Seller’s agents, employees, or affiliates (other entities that conduct land, crop, or livestock management activities on the property or premises where Credit Generating Practices are installed, including lessees) without advance written approval of Buyer and notification to the permitting authority, shall constitute a material breach of this Contract by Seller, entitling Buyer to terminate this Contract and seek appropriate relief.
7.4 Damage to a Credit Generating Practice due to an occurrence, or nonoccurrence, arising from causes not foreseeable, beyond the control of, and without the fault of the Seller (or Seller’s agents, employees or affiliates) control will be considered a Force Majeure event that is not in and of itself considered a violation of this Contract. If a Force Majeure event occurs, the Seller, Seller’s agent, or the Verifier shall report the damage(s) to the Buyer within three (3) days of discovering the damage. The Buyer is responsible for notifying the per...
