Financial Assurance. If you admit in writing your inability to pay your debts as they become due, make a general assignment for the benefit of creditors, institute or agree to the institution of proceedings in bankruptcy or insolvency, or are the subject of a court order relating thereto, or if FormFox in good faith determines that you may not be able to timely pay fees due under your Agreement, FormFox may suspend your access to the Marketplace until you deliver adequate financial assurance, which may include advance cash payment, a guarantee from a creditworthy entity acceptable to FormFox, or a letter of credit from a nationally recognized financial institution.
Appears in 4 contracts
Samples: Marketplace User Agreement, Marketplace User Agreement, Marketplace User Agreement
