Common use of Default in Payment Obligations Clause in Contracts

Default in Payment Obligations. In addition to all other remedies available to XXXXXX in the event of a CLIENT default, if CLIENT fails to make payments as required hereunder, XXXXXX may take appropriate measures to assure prompt and full payment, including refuse to Produce any Drug Product until CLIENT’s account is paid in full, modify the foregoing terms of payment, place the account on a letter of credit basis, require full or partial payment in advance, suspend deliveries of Drug Product until CLIENT provides assurance of performance reasonably satisfactory to XXXXXX, and/or take other reasonable means as XXXXXX may determine.

Default in Payment Obligations. In addition to all other remedies available to XXXXXX in the event of a CLIENT default, if CLIENT fails to make payments as required hereunder, XXXXXX may take appropriate measures to assure prompt and full payment, including any one of the following measures: refuse to Produce any Drug Product until CLIENT’s account is paid in full, ; modify the foregoing terms of payment, ; place the account on a letter of credit basis, ; require full or partial payment in advance, ; suspend deliveries of Drug Product until CLIENT provides assurance of performance reasonably satisfactory to XXXXXX, and/or or take other reasonable means as XXXXXX may determine.

Default in Payment Obligations. In addition to all other remedies available to XXXXXX in the event of a CLIENT default, if CLIENT fails to make payments as required hereunder, XXXXXX may take appropriate measures to assure prompt and full payment, including refuse refusal to Produce any Drug Product until CLIENT’s account is paid in full, modify the foregoing terms of payment, place the account on a letter of credit basis, require full or partial payment in advance, suspend deliveries of Drug Product until CLIENT provides assurance of performance reasonably satisfactory to XXXXXX, and/or take other reasonable means as XXXXXX may determine.