Insured Buyer. Insured Buyer means any customer of the Insured which is domiciled in an Approved Country for whom the Insured has a Permitted Credit Limit during the Policy Period.
Insured Buyer. An Insured Buyer is any buyer or a legal entity including a natural person that is liable to the Insured for payment of the Insured Debt in respect of shipments that are dispatched by the Insured in pursuance of a contract of sale, being not a buyer or such buyer in a country, excluded from the purview of cover under any provisions of the Policy.
