Common use of Credit Terms Clause in Contracts

Credit Terms. (a) If CBH agrees to provide credit terms to the Customer, then CBH reserves the right, in its absolute discretion, to: (i) place or vary a limit on the amount allowed to be outstanding by the Customer at any time; (ii) vary the credit terms by providing not less than 60 days’ written notice of the new or varied credit terms; (iii) refuse to extend further credit terms to the Customer; or (iv) withdraw the Customer’s credit terms. (b) It is the Customer’s responsibility to request a credit limit increase if it is going to exceed the approved credit limit. Any refusal, withdrawal or exceeding of credit terms will result in the Services being provided on a prepaid basis. (c) If CBH has agreed to provide credit terms prior to the Commencement Date and has not withdrawn them prior to this Agreement then those credit terms will be deemed to continue on the terms and conditions set out in this clause 9.

Credit Terms. (a) If CBH agrees to provide credit terms to the Customer, then CBH reserves the right, in its absolute discretion, to: (i) place or vary a limit on the amount allowed to be outstanding by the Customer at any time; (ii) vary the credit terms by providing not less than 60 days’ written notice of the new or varied credit terms; (iii) refuse to extend further credit terms to the Customer; or (iv) withdraw the Customer’s credit terms. (b) It is the Customer’s responsibility to request a credit limit increase if it is going to exceed the approved credit limit. Any refusal, withdrawal or exceeding of credit terms will result in the Services being provided on a prepaid basis. (c) If CBH has agreed to provide credit terms prior to the Commencement Date and has not withdrawn them prior to this Agreement then those credit terms will be deemed to continue on the terms and conditions set out in this clause 919.

Credit Terms. (a) If CBH agrees to provide credit terms to the Customer, then CBH reserves the right, in its absolute discretion, to: (i) place or vary a limit on the amount allowed to be outstanding by the Customer at any time; (ii) vary the credit terms by providing not less than 60 days’ written notice of the new or varied credit terms; (iii) refuse to extend further credit terms to the Customer; or (iv) withdraw the Customer’s credit terms. (b) It is the Customer’s responsibility to request a credit limit increase if it is going to exceed the approved credit limit. Any refusal, withdrawal or exceeding of credit terms will result in the Services being provided on a prepaid basis. (c) If CBH has agreed to provide credit terms prior to the Commencement Date and has not withdrawn them prior to this Agreement the Commencement Date then those credit terms will be deemed to continue on the terms and conditions set out in this clause 911.

Credit Terms. (a) If CBH agrees to provide credit terms to the Customer, then CBH reserves the right, in its absolute discretion, to: (i) place or vary a limit on the amount allowed to be outstanding by the Customer at any time; (ii) vary the credit terms by providing not less than 60 days’ days‟ written notice of the new or varied credit terms; (iii) refuse to extend further credit terms to the Customer; or (iv) withdraw the Customer’s Customer‟s credit terms. (b) It is the Customer’s Customer‟s responsibility to request a credit limit increase if it is going to exceed the approved credit limit. Any refusal, withdrawal or exceeding of credit terms will result in the Services being provided on a prepaid basis. (c) If CBH has agreed to provide credit terms prior to the Commencement Date and has not withdrawn them prior to this Agreement then those credit terms will be deemed to continue on the terms and conditions set out in this clause 9.