Common use of Customer Financial Standing Clause in Contracts

Customer Financial Standing. Upon a good faith determination by Syringa Networks that a change has occurred in Customer’s financial condition, Syringa Networks may request information from a reporting agency to enable Syringa Networks to assess Customer’s credit history and current credit standing. Customer hereby consents to all such inquiries. Based on the information acquired, Syringa Networks may change its billing arrangement with Customer including, without limitation, requiring weekly payments or a deposit of up to two (2) times Customer’s aggregate monthly invoicing for the most recently invoiced monthly billing period.