Common use of LACK OF COMPLETE ACTIVITY DECLARATION Clause in Contracts

LACK OF COMPLETE ACTIVITY DECLARATION. In case of lack of declaration, incomplete declaration or late declaration of your Turnover, We may forfeit cover for the Debts not declared in due time, but You shall still pay Us the premium on the basis of the Turnover taking into account the Debts not declared or declared late. We also reserve the right to terminate the Contract.

Appears in 6 contracts

Samples: Trade Credit Insurance Agreement, Credit Insurance Policy, Trade Credit Insurance Policy

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LACK OF COMPLETE ACTIVITY DECLARATION. In case of lack of declaration, incomplete declaration or late declaration of your Turnover, We may forfeit cover for the Debts not declared in due time, but You shall still pay Us the premium on the basis of the Turnover taking into account the Debts not declared or declared latewith delay. We also reserve the right to terminate the Contract.

Appears in 3 contracts

Samples: Commercial Contract, Insurance Contract, Insurance Contract

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