Customer Creditworthiness Sample Clauses

Customer Creditworthiness. (a) Customer will provide assurance of its ability to meet all its financial obligations to Operator and DTI under this Agreement and the Related Agreements. The assurance will be in the form of a corporate guarantee (the “Statoil Guarantee”) subject to the following provisions: (i) the guarantor will be Statoil ASA. (ii) the Statoil Guarantee will irrevocably, absolutely and unconditionally guarantee the performance by Customer of all present and future obligations and liabilities of Customer to Operator and DTI under this Agreement and the Related Agreements, provided that the maximum amount of the Statoil Guarantee will be $*** million until the first anniversary of the In-Service Date and will decrease by $*** million on such anniversary and each anniversary thereafter, plus any costs and expenses (including reasonable attorneys’ fees) incurred by Operator in enforcing the Statoil Guarantee. (iii) the guarantee will not be assignable by Statoil ASA. (iv) The Statoil Guarantee and the duties and obligations of the Statoil ASA thereunder will be enforceable against Statoil ASA in the courts of the United States of America. For such purpose, Statoil ASA will irrevocably submit to the non-exclusive jurisdiction of such courts, and agrees that all claims in respect of the Statoil Guarantee may be heard and determined in any of such courts. Statoil ASA will further irrevocably agree that a final judgment of any of these courts in any action or proceeding relating to the Statoil Guarantee will be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. To the extent that Statoil ASA has or hereafter may acquire any immunity (including, without limitation, sovereign immunity) from jurisdiction of any court or from any legal process, Statoil ASA will irrevocably waive such immunity in respect of its obligations under the Statoil Guarantee; provided that nothing in such waiver will require Statoil ASA to waive or forfeit the benefit of the protections under 28 USC §§1330 or 1441 with respect to its right to be sued only in federal court or with respect to the exclusion of jury trials. (v) the Statoil Guarantee will otherwise be in form and substance reasonably acceptable to Operator. (b) Customer will maintain the Statoil Guarantee in full force and effect for the term of this Agreement. (c) If Customer has established and maintains assurance, pursuant to any Related Agreement, that together with the a...
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Customer Creditworthiness. Marketer will make reasonable efforts to review the creditworthiness of Owner’s Ethanol customers. As deemed necessary at Marketer’s discretion, Marketer will obtain at its expense Credit Bureau reports or Xxxx and Bradstreet reports for customers of Owner. Marketer will then recommend to Owner, which, if any, accounts Marketer believes should be rejected. Owner will have the right to request and review the rejection recommendations and/or reports and notify Marketer in writing of any customers in addition to the recommendations of Marketer that should be rejected or accepted by Owner. Marketer will not sell Ethanol to any customer rejected by Owner or Marketer.
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Customer Creditworthiness. Marketer will make reasonable efforts to review the creditworthiness of Owner’s Ethanol customers. Marketer will then recommend to Owner which, if any, Ethanol customers Marketer believes should be accepted. Owner will have the right to reject sales to any Ethanol customers. Marketer will not sell Ethanol to any customer rejected by Owner.
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Customer Creditworthiness. HEISKELL will consult with AEAF XXXXX before making forward contracts of WDGS, Syrup, or Ethanol sales for delivery terms [***].
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Customer Creditworthiness. HEXXXXXX xill consult with AEMETIS KEXXX xefore making forward contracts of WDGS, CDS/Syrup or Corn Oil sales for delivery terms greater than one (1) week.
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Customer Creditworthiness. HEISKELL will consult with AEMETIS XXXXX before making forward contracts of Ethanol, WDGS, CDS/Syrup or Corn Oil sales for delivery terms greater than one (1) week.
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Related to Customer Creditworthiness

  • Creditworthiness Seller, in order to satisfy itself of the ability of the Buyer to meet its obligations under the contract, may conduct periodic reasonable credit reviews in accordance with standard commercial practices. Xxxxx agrees to assist in these reviews by providing financial information and at the request of the Seller, will maintain such credit support or surety including, but not limited to, an unconditional and irrevocable letter of credit to provide adequate security for protection against the risk of nonpayment.

  • Performance and Compliance with Contracts and Credit and Collection Policy The Seller shall (and shall cause the Servicer to), at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and timely and fully comply in all material respects with the applicable Credit and Collection Policies with regard to each Receivable and the related Contract.

  • Management and Operations of Business Except as otherwise expressly provided in this Agreement, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner; the Limited Partner shall not have any power to control or manage the Partnership.

  • Compliance with Contracts and Credit and Collection Policy Originator will timely and fully (i) perform and comply with all provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and (ii) comply in all respects with the Credit and Collection Policy in regard to each Receivable and the related Contract.

  • No Relationships with Customers and Suppliers No relationship, direct or indirect, exists between or among the Company on the one hand, and the directors, officers, 5% or greater stockholders, customers or suppliers of the Company or any of the Company’s affiliates on the other hand, which is required to be described in the Disclosure Package and the Prospectus or a document incorporated by reference therein and which is not so described.

  • Representations and Warranties; No Responsibility for Appraisal of Creditworthiness Each Lender represents and warrants that it has made its own independent investigation of the financial condition and affairs of Company and its Subsidiaries in connection with the making of the Loans and the issuance of Letters of Credit hereunder and that it has made and shall continue to make its own appraisal of the creditworthiness of Company and its Subsidiaries. No Agent shall have any duty or responsibility, either initially or on a continuing basis, to make any such investigation or any such appraisal on behalf of Lenders or to provide any Lender with any credit or other information with respect thereto, whether coming into its possession before the making of the Loans or at any time or times thereafter, and no Agent shall have any responsibility with respect to the accuracy of or the completeness of any information provided to Lenders.

  • Modifications to Contracts and Credit and Collection Policy Such Seller Party will not make any change to the Credit and Collection Policy that could adversely affect the collectability of the Receivables or decrease the credit quality of any newly created Receivables. Except as provided in Section 8.2(d), Servicer will not extend, amend or otherwise modify the terms of any Receivable or any Contract related thereto other than in accordance with the Credit and Collection Policy.

  • No Responsibility for Advances, Creditworthiness, Collateral, Recitals, Etc [Intentionally Omitted. See Sections 7.03 and 7.04 of the Credit Agreement for these provisions.]

  • Customer Care a) Contractor shall comply with the applicable requirements of the Americans with Disabilities Act and provide culturally competent customer service to all Covered California Enrollees in accordance with the applicable provisions of 45 C.F.R. § 155.205 and § 155.210, which refer to consumer assistance tools and the provision of culturally and linguistically appropriate information and related products. b) Contractor shall comply with HIPAA rules and other laws, rules and regulations respecting privacy and security.

  • Contact with Customers and Suppliers Until the Closing Date, the Buyer shall not, and shall cause its Affiliates and direct its other Representatives not to, contact or communicate with the employees, customers, suppliers, distributors or licensors of the Acquired Entities, or any other Persons having a business relationship with the Acquired Entities, concerning the transactions contemplated hereby or any of the foregoing relationships without the prior written consent of the Seller.

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