Common use of Establishment of the Agreement Clause in Contracts

Establishment of the Agreement. Any Purchase Order made by Buyer and any offer or quotation made by Seller shall bind Seller only after (i) the issue by Seller of an Order Confirmation; and (ii) explicit confirmation by Seller’s credit insurer, in writing, regarding the credit risk of the Agreement.

Establishment of the Agreement. Any Purchase Order made by Buyer and any offer or quotation made by Seller shall bind Seller only after (i) the issue explicit confirmation by Seller Seller, in writing, of an Order Confirmationthis effect; and (ii) explicit confirmation by Seller’s 's credit insurer, in writing, regarding the credit risk of the AgreementPurchase Order.