Common use of Enforceable Debt Clause in Contracts

Enforceable Debt. The Eligible Shipments and related payment obligations shall be a valid and legally enforceable indebtedness of the Buyer to the Insured.

Appears in 6 contracts

Samples: Export and Commercial Perils Trade Credit Insurance (Shipments Policy), Trade Credit Insurance, Trade Credit Insurance

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Enforceable Debt. The Eligible Shipments and related payment obligations shall be a valid and legally enforceable indebtedness of the Buyer Obligor to the InsuredInsured in the Obligor’s Country.

Appears in 3 contracts

Samples: Insurance Policy, Insurance Policy, Insurance Policy

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Enforceable Debt. The Eligible Shipments and related payment obligations shall be a valid and legally enforceable indebtedness of the Buyer Obligor to the Insured.Insured in the Obligor’s Country. SPECIMEN

Appears in 1 contract

Samples: Insurance Policy

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