Common use of Except for Debts You Tell Clause in Contracts

Except for Debts You Tell. Us about separately under Conditions 2.2 or 6.1(D), by Telling Us about a Debt You warrant that:- (A) the Transaction (if any) creating that Debt and the Debt itself are genuine, lawful, valid and binding, made on Your Payment Terms and:- (i) the goods have been delivered to the Customer and the services have been completely carried out which are the subject of that Transaction or Debt or both and no other person has any Other Interest in such goods, services, Transaction or Debt; (ii) the Debt is not an Excluded Debt; (iii) the Debt relates to an established place of business which the Customer has in the UK or, if We have agreed to buy Your Export Debts, in an Accepted Country; (iv) You have given Us complete and accurate details of the Transaction and the Debt; (v) the Customer which owes the Debt is not Insolvent; and (vi) the Debt is one to which this Agreement applies; (B) You own the Debt and can lawfully transfer ownership of it to Us free of any Other Interest save Our own interest; (C) before this Agreement was made You told Us in Writing everything You knew or ought to have known might influence Us in deciding to enter it (on its terms or at all) or in accepting any person as Guarantor and that You will tell Us at once of anything which might change any such decision; (D) all Accounts Information and other financial information about Your business or that of an Associate or Guarantor given to Us before the Start Date or which You give to Us while this Agreement continues are, and will be, accurate and fairly represent the financial position of the person to which they relate; (E) if, as We may, We require You to get a credit insurance policy and to assign to Us the benefit of such policy:- (i) You will sign and deliver to Us the documents necessary for such assignment; (ii) the proposal You sent to the insurer upon the basis of which the policy was issued was complete and correct in every way; (iii) You have disclosed to the insurer all information which You know or ought to know might influence the insurer in providing cover under the policy and will continue to do so while this Agreement continues; (iv) You have fully complied with the policy, there have been no acts or omissions which might invalidate it and You will deliver the original policy to Us if We ask; (v) the policy will cover all Debts owned by or held in trust by You for Us and You will promptly make and recover all claims relating to Debts which You have the right to make under the policy; and (vi) You will send Us copies of all communications between You and the insurer at once after You receive or send them; and while this Agreement continues You will comply with the above warranties as though repeated on each day, pay all premiums when due, deal with any sums You receive under any such policy as a payment under Condition 6.1(J) and tell Us at once if the policy becomes void or is cancelled or lapsed.

Except for Debts You Tell. Us about separately under Conditions 2.2 or 6.1(D), by Telling Us about a Debt You warrant that:- (A) the Transaction (if any) creating that Debt and the Debt itself are genuine, lawful, valid and binding, made on Your Payment Terms and:- (i) the goods have been delivered to the Customer and the services have been completely carried out which are the subject of that Transaction or Debt or both and no other person has any Other Interest in such goods, services, Transaction or Debt; (ii) the Debt is not an Excluded Debt; (iii) the Debt relates to an established place of business which the Customer has in the UK Ireland or, if We have agreed to buy Your Export Debts, in an Accepted Country; (iv) You have given Us complete and accurate details of the Transaction and the Debt;the (v) the Customer which owes the Debt is not Insolvent; and (vi) the Debt is one to which this Agreement applies; (B) You own the Debt and can lawfully transfer ownership of it to Us free of any Other Interest save Our own interest; (C) before this Agreement was made You told Us in Writing everything You knew or ought to have known might influence Us in deciding to enter into it (on its terms or at all) or in accepting any person as Guarantor and that You will tell Us at once of anything which might change any such decision; (D) all Accounts Information and other financial information about Your business or that of an Associate or Guarantor given to Us before the Start Date or which You give to Us while this Agreement continues are, and will be, accurate and fairly represent the financial position of the person to which they relate; (E) if, as We may, We require You to get a credit insurance policy and to assign to Us the benefit of such policy:- (i) You will sign and deliver to Us the documents necessary for such assignment; (ii) the proposal You sent to the insurer upon the basis of which the policy was issued was complete and correct in every way; (iii) You have disclosed to the insurer all information which You know or ought to know might influence the insurer in providing cover under the policy and will continue to do so while this Agreement continues; (iv) You have fully complied with the policy, there have been no acts or omissions which might invalidate it and You will deliver the original policy to Us if We ask; (v) the policy will cover all Debts owned by or held in trust by You for Us and You will promptly make and recover all claims relating to Debts which You have the right to make under the policy; and (vi) You will send Us copies of all communications between You and the insurer at once after You receive or send them; and while this Agreement continues You will comply with the above warranties as though repeated on each day, pay all premiums when due, deal with any sums You receive under any such policy as a payment under Condition 6.1(J) and tell Us at once if the policy becomes void or is cancelled or lapsed.

Except for Debts You Tell. Us about separately under Conditions 2.2 or 6.1(D), by Telling Us about a Debt You warrant that:- (A) the Transaction (if any) creating that Debt and the Debt itself are genuine, lawful, valid and binding, made on Your Payment Terms and:-and;- (i) the goods have been delivered to the Customer and the services have been completely carried out which are the subject of that Transaction or Debt or both and no other person has any Other Interest in such goods, services, Transaction or Debt; (ii) the Debt is not an Excluded Debt; (iii) the Debt relates to an established place of business which the Customer has in the UK Ireland or, if We have agreed to buy Your Export Debts, in an Accepted Country; (iv) You have given Us complete and accurate details of the Transaction and the Debt; (v) the Customer which owes the Debt is not Insolvent; and (vi) the Debt is one to which this Agreement applies; (B) You own the Debt and can lawfully transfer ownership of it to Us free of any Other Interest save Our own interest; (C) before this Agreement was made You told Us in Writing everything You knew or ought to have known might influence Us in deciding to enter into it (on its terms or at all) or in accepting any person as Guarantor and that You will tell Us at once of anything which might change any such decision; (D) all Accounts Information and other financial information about Your business or that of an Associate or Guarantor given to Us before the Start Date or which You give to Us while this Agreement continues are, and will be, accurate and fairly represent the financial position of the person to which they relate; (E) if, as We may, We require You to get a credit insurance policy and to assign to Us the benefit of such policy:- (i) You will sign and deliver to Us the documents necessary for such assignment; (ii) the proposal You sent to the insurer upon the basis of which the policy was issued was complete and correct in every way; (iii) You have disclosed to the insurer all information which You know or ought to know might influence the insurer in providing cover under the policy and will continue to do so while this Agreement continues; (iv) You have fully complied with the policy, there have been no acts or omissions which might invalidate it and You will deliver the original policy to Us if We ask; (v) the policy will cover all Debts owned by or held in trust by You for Us and You will promptly make and recover all claims relating to Debts which You have the right to make under the policy; and (vi) You will send Us copies of all communications between You and the insurer at once after You receive or send them; and while this Agreement continues You will comply with the above warranties as though repeated on each day, pay all premiums when due, deal with any sums You receive under any such policy as a payment under Condition 6.1(J) and tell Us at once if the policy becomes void or is cancelled or lapsed.